Fil-Am Chamber Mixer 10/10/13

October 14, 2013

It was a privilege to be a sponsor for the Fil-am Chamber Sacramento MIXER/NETWORKING EVENT 10/10/13
at the A&A Tasty Banquet Room! An awesome night of fun and business networking!


1374097_174765152715507_1649003376_n

Guest speaker ASSEMBLY MEMBER ROGER DICKINSON.
1379909_174764392715583_1495624010_n

With Crisel Centeno

1385063_174766489382040_140426231_n

Winning the business card raffle prize.

1391756_174766169382072_1000253377_n

Networking and meeting new faces.

image (1)

Elizabeth Velasco RE/MAX Gold table set-up

image (3)

With the infamous RE/MAX balloon!

image

With Sara Avellanosa
image (2)

Thank you again to the Fil-Am Chamber of Commerce of Sacramento! 

Photos courtesy of: https://www.facebook.com/filamchamber.sacramento

AREAA Jump Start Your Business 08/27/13

August 28, 2013

It was a great experience speaking and sharing insights in the panel for AREAA Jump Start Your Business on “How top producing agents have changed their business model to the current trend in real estate market?”!

602807_10200561153370559_1935694660_n

999189_10200561154810595_1744314214_n

1185828_10200561153650566_101857007_n

1235926_10200561154250581_2010326860_n

Proposed Bill to Speed Up Short Sale Process

March 5, 2012

On February 17, Senators Lisa Murkowski (R-Alaska), Scott Brown (R-Massachusetts), and Sherrod Brown (D-Ohio) proposed a bill addressing the issue of short sale timelines.  A short sale is a real estate transaction where the homeowner sells the property for less than the unpaid balance with the lender’s approval.

Currently, the process can take several months with negotiations going back and forth between the banks, real estate agents and sellers.  It can be a frustrating time for both the selling and buying parties, especially if the home falls into foreclosure even after the short sale is initiated.   With this proposed bill, the timeline would help ease the process and hopefully make it more efficient for both parties.

The legislation, also known as the Prompt Notification of Short Sale Act, will require a written response from a lender no later than 75 days after receipt of the written request from the buyer.  To learn more about this legislation, read more at DSNews.com.

In Elk Grove, Calif., over 1,609 houses are in foreclosure, and one in every 139 housing units have received foreclosure filings in January 2012, according to RealtyTrac.com.  As of January 1, 2012, there were 175 active short sales on the market and 367 active short sale contingent listings in Elk Grove, according to Lori Mode of Keller Williams Realty in Elk Grove.   Short sales make up a majority of the Elk Grove market – approximately 68 percent.

Since the Elk Grove market is mostly short sales, this bill would be beneficial in this area.  Homeowners would be able to turn their situation around more quickly through the short sale process instead of having their home fall into foreclosure and be auctioned.

If you owe more than your home is worth, please do not hesitate to give Elizabeth Velasco a ring and set up a free and private one hour consultation!

by Tarra McCurdy – tarramccurdy@comcast.net

9 Documents That Help You Reap Real Estate Tax Breaks

February 9, 2012

The deadline for taxes, April 15, is just around the corner.  Do you have all the necessary documents to file your taxes?  If you made any real estate transactions in 2011 (i.e. buying or selling a home), here’s the 9 documents you need to get the max for your tax refund from your real estate transaction:

1. Mortgage Interest Statement – IRS Form 1098

2. Property Tax Statements

3. Uniform Settlement Statement (HUD-1)

4. Moving Expense Receipts

5. Cancellation of Debt Statement – IRS Form 1099

6. Utility Statements for Home Office

7. Income & Expense Statements from Rental Properties

8. Contractor Receipts from Energy Efficient Home Improvments

9. Mortgage Credit Certificate (MCC)

To find out more about these documents, read more at Trulia.

by Tarra McCurdy – tarramccurdy@comcast.net