IET Real Estate Blog

Myths and Facts about the FHA Loan Limits

leads@ietrealestate.com (Ben Nicolas) — Thu, 02 Feb 2012 01:54:12 -0600

See article below re: truth behind rumours that funds for FHA loans are "running short" or that the government funds for insuring FHA loans are running out... ...

What’s going on in the Long Beach Real Estate Market?

leads@ietrealestate.com (Ben Nicolas) — Fri, 27 Jan 2012 03:07:47 -0600

With the economy leaving many areas throughout the nation to take a hit, the Long Beach area has been no different. However, California homebuyers looking to purchase a home in the area have ample reason to celebrate as the Long Beach real estate trends for fall 2011 continue to favor buyers. The most recent release of real estate statistics in Long Beach showed that the average listing price in for the area was $423,611, which is a 1.2 % decrease in the average sale price from the week be...

Attention Los Angeles Homeowners Considering a Short Sale: Mortgage Debt Relief Act Expires in 2012

leads@ietrealestate.com (Ben Nicolas) — Wed, 11 Jan 2012 12:48:40 -0600

The Mortgage Debt Relief Act runs out this year. This means that sellers considering doing a short sale should start now in order to avoid closing next year because if they close next year the 1099 that the lender will send them will cause them to have to pay Federal and State income taxes on the amount that the lender lost as ordinary income. This protection has nothing to do with gains it is the lenders loss that you will be paying taxes on. So make sure that if you are on the ...

Is it Time for a New Roof?

leads@ietrealestate.com (Ben Nicolas) — Tue, 10 Jan 2012 12:45:18 -0600

Deciding if it’s time for a new roof can be a little tricky. Sometimes the roof just needs a little touch up by replacing a few tiles, and other times you really do need to tear off the old roof and start from scratch. Hiring a roofing contractor or attempting to reroof yourself can be timely and expensive, so be sure to look at your options before you begin this extensive process. Check off these easy steps before you decide to put any money into this project. &nb...

IET Real Estate - The Egg McMuffin of Los Angeles Real Estate Brokerages

leads@ietrealestate.com (Ben Nicolas) — Thu, 05 Jan 2012 23:16:15 -0600

We do Los Angeles Real Estate your way ...

IET Real Estate Los Angeles - A True Full Service Real Estate Brokerage in Los Angeles

leads@ietrealestate.com (Ben Nicolas) — Thu, 05 Jan 2012 22:53:07 -0600

At IET Real Estate Los Angeles you will experience a smooth transaction __***AND***___ get to deal with Knowledgeable Experienced Agents!!! ...

What do IET Real Estate Los Angeles and Tim Tebow have in common?

leads@ietrealestate.com (Ben Nicolas) — Tue, 13 Dec 2011 14:09:21 -0600

As a customer, when you make the intelligent deciscion to work with a premier Los Angeles Real Estate Agent from IET Real Estate, "All you do is win!!" Even Skip Bayless couldn't argue with that... ...

My Take on Major Lenders Offering Perks on Short Sales

leads@ietrealestate.com (Ben Nicolas) — Fri, 28 Oct 2011 15:13:03 -0500

You don't have to pay the sellers just change the mortgage underwriting guidelines so that after a short sale where the seller fully participates (not someone who milked the system to live for free as long as possible) you can buy a home. How about take the number of mortgage payments missed multiplied by a factor say 2, 3 or 4 + a base number ( say 3 months) and that is how long a buyer has to wait to buy a new home after a short sale versus the 3-4-5-7 years they have to wait for al...

Los Angeles Real Estate 2011 Decline in Value Review Application from the LA County Assessors Office

leads@ietrealestate.com (Ben Nicolas) — Tue, 25 Oct 2011 20:55:52 -0500

http://assessor.lacounty.gov/extranet/list/forms.aspx?catid=70 Important points to remember: Comparables need to be from Jan 1 2011 to March 31 2011 Applications MUST be filed between June 1 and November 30, 2011 To apply online you need the 4 digit Pin that comes on your LA County annual property tax bill that the assessors office sends in the snail mail Call or e-mail me if you need any help with this or any buying or selling related issues in LA County. ...

Foreclosure Filings Start to Rise Moderately

leads@ietrealestate.com (Ben Nicolas) — Wed, 19 Oct 2011 22:46:16 -0500

re: link below I like this trend. People shouldn't be allowed to live in their house forever, make no payments without consequences. The extra losses caused by people that have started to take advantage of this fact drives up costs for everyone trying to operate as a professional or consumer in the Residential Real Estate market. ...