Tagged : mission viejo homes for sale 
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Orange County Foreclosure - Fixer Upper Home for Sale in Mission Viejo
Wednesday, February 10th, 2010 at 12:41pm. 639 Views, 0 Comments.
This foreclosed pool home for sale in Mission Viejo is the definition of a buyer would ask for in a fixer upper.
Get Out Your Hammer
As you can see in this short video, the pool of this bank owned home is covered and reported to need extensive repairs. There are missing sinks and toilets, missing floors, holes in the drywall and ceilings, and missing cabinets. Buying this fixer upper home is a good example of the opportunities for investors looking for Mission Viejo real estate. This REO home will not qualify for VA, FHA, or conventional financing because of the distressed condition. This home will be sold to a cash buyer looking for fixer upper homes for sale who has access to low cost repairs. Once the home has been restored, it will most…
Coto de Caza Homes Will Qualify for the Expanded Home Buyer Tax Credit!
Tuesday, December 1st, 2009 at 7:54pm. 239 Views, 0 Comments.
There are 19 homes for sale in Coto de Caza today that will qualify for the new and expanded Home Buyer Tax Credit program. The new program, which goes into effect December 1, 2009 applies to any home for sale in Coto de Caza that you buy for less than $800,000.00 The expanded offering also has higher income limits, is not restricted to just first time home buyers, and is available until April 30, 2010. This short video will give you more of the details.
Selling Your Orange County CA Home for a Profit - What's That Mean to Your Taxes?
Monday, October 26th, 2009 at 10:11pm. 429 Views, 0 Comments.
So, you are selling your Orange County CA house and walking away with a boat load of cash. What are the Real Estate tax implications you need to be aware of? When you sell your home, you can realize up to $250,000 in profit if you're a single owner, $500,000 if you're married or joint tenants, and not owe any capital gains tax. Anything above that amount, consult your tax professional for more detailed information on your tax liability – as it depends on the length of time you’ve owned the home and your tax bracket. But wait – there’s more! There's no limit to the number of times you can use the home-sale capital gains tax exemption. If you plan and play the game according to IRS rules, you can make tax-free profits of $250,000 (or $500,000 depending on…
