We’re in California and own two properties. RE prices will flatten or drop according to John Husing, PhD. We’d like to sell the rental and primary residence. Primary has under 0k in appreciation, so no big. The income prop has about 0k equity.

We’d like to sit out the market for about a year and either buy distressed or build.

What is the best approach to minimize CGT on the income prop? THANKS!
We moved from the income prop in 2002. It was primary until then.

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I am interested in going to school for my realtor licence, but would like to know how involded the process is. Does anyone know how to get started in Virginia, and what the best school to attend is?

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We took this type of mortgage as recommended by a broker for our a property we bought recently. Due to the recent financial climate and the exchange rate, it has caused us nothing but distress so far with the bank stressing that it will switch our current mortgage in US Dollars into UK pounds whether we like it our not. Should this be the case, we might not be able to afford our monthly repayments. Would the bank prefer this to happen?

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I entrusted a realtor to handle all aspects of the sale of my condo, including the choice of the settlement company and the title company. After settlement, with my realtor there with me, the buyer went through the settlement documents very closely and discovered that my realtor’s settlement company had mistakenly conveyed two parking spaces from my first condo instead of just one space from my new condo, as I had clearly instructed my realtor. Throughout the entire three months of the listing, the condo was advertised with just one parking space, as I had instructed my realtor. I trusted my realtor to choose and work with the best title and settlement companies from her extensive realty experience, since I had no idea how to transfer the two parking spaces from the condo that I was selling to the condo that I had just purchased, in exchange for selling that one parking space from my new condo along with the condo that I was selling. She failed to do this and left me holding the bag.

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Rent, takeover payments, or Rent to own???
Recently I have started searching for a home to rent. With less than awesome credit it is proving interesting. I have found that being honest with people has helped alot. Some people are very judgmental, but others understand sometimes life happens and we can not control the consequences. Not everyone with bad credit is an irresponsible bum who does not pay their bills.

That being said I have ran across a few ads on craigslist saying this like this…..
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I currently have available this beautiful home in great condition.
New flooring and interior paint throughout. perfect for a family or entertaining.

The best thing about the property is that>It can be taken over with no money down or credit checks through our take over payments program.

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