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Facing capital gains on investment property? Here’s one way to defer taxes

Facing capital gains on investment property? Here’s one way to defer taxes. WASHINGTON – Feb. 13, 2012 – “Taxation with representation ain’t so hot either.” – Gerald Barzan, humorist If you own investment property, Read More...
Posted Monday, February 13, 2012 4:09 PM by Chaim Gleitmann CIPS | 0 Comments

Existing-Home Sales Continue to Climb in November

Washington, DC, December 21, 2011 Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales Read More...
Posted Wednesday, December 21, 2011 10:13 AM by Chaim Gleitmann CIPS | 0 Comments

U.S. housing starts surge, though level remains low

WASHINGTON (AP) – Dec. 20, 2011 – A surge in apartment construction gave U.S. builders more work in November. But 2011 is still shaping up to be one of the worst years in history for homebuilders. The Commerce Department says builders broke Read More...
Posted Wednesday, December 21, 2011 9:37 AM by Chaim Gleitmann CIPS | 0 Comments

SAR Monthly Statistics Released for March 2011

Sales in the Sarasota real estate market reach highest level in six years Total property sales in the Sarasota real estate market hit 800 for the month of March 2011 - the highest level since September 2005 when sales started to decline. The other great Read More...
Posted Thursday, April 14, 2011 11:18 AM by Chaim Gleitmann CIPS | 0 Comments

SAR Monthly Statistics Released for October 2010

Pending sales spiked by 10 percent in October 2010 in the Sarasota real estate market , signaling more closings in future months as the season begins in southwest Florida . There were 819 total pending sales reported last month, compared to 744 in September Read More...
Posted Wednesday, November 17, 2010 10:30 AM by Chaim Gleitmann CIPS | 0 Comments

Basics of Buying Real Estate Short Sales

Over the last several years, short sales have received a substantial amount of attention. This type of transaction is done when the seller owes more on his or her mortgage than the value of the property. The lender essentially agrees to accept less than Read More...
Posted Monday, March 15, 2010 11:02 AM by Chaim Gleitmann CIPS | 0 Comments

Monthly Statistics Released for February 2010 - Sales Up 49 Percent!

Property sales up 49 percent in February 2010; pending sales spike Overall property sales reached 528 in the Sarasota market in February 2010, up nearly 49 percent over February 2009, and pending sales were also strong at 967 - the second highest total Read More...
Posted Friday, March 12, 2010 1:34 PM by Chaim Gleitmann CIPS | 0 Comments

What is Your Home Worth? How to Figure it Out the Right Way

Do you know your home's worth? Well, you should. This important bit of information is essential, especially if you are planning to sell your home anytime in the near future. You will be the first one to put a tag price on your home. That would be Read More...
Posted Monday, December 21, 2009 4:45 PM by Chaim Gleitmann CIPS | 0 Comments

Can You Save Money At A Foreclosure Auction?

In the last year and a half foreclosures in the United States have been commonplace. Banks and mortgage lenders have many properties they must sell to recoup their loans . At foreclosure auctions, houses often sell for a fraction of their market value Read More...
Posted Sunday, October 18, 2009 10:46 AM by Chaim Gleitmann CIPS | 0 Comments

Should We Do a Wire Transfer or Deposit a Cashier's Check to Close?

Should We Do a Wire Transfer or Deposit a Cashier's Check to Close? By Elizabeth Weintraub , Question: Should We Do a Wire Transfer or Deposit a Cashier's Check to Close? A reader asks: "We are closing the sale on our first home next week. Read More...
Posted Tuesday, October 06, 2009 3:20 PM by Chaim Gleitmann CIPS | 0 Comments

Mental Recession Redux?

Mental Recession Redux? September 25, 2009 by Brian Summerfield · 1 Comment Filed under: Economics , Mortgage Financing By Brian Summerfield, Online Editor, REALTOR® Magazine In July 2008, in the heat of the presidential election, McCain campaign Read More...
Posted Friday, September 25, 2009 3:05 PM by Chaim Gleitmann CIPS | 1 Comments