Thursday, September 27, 2012
Between Friends: KnowYourOptions: New info Website for any Fannie...
Do you have a loan and is behind? Are you wondering how much is your house worth?
Check this new info that just came out! www.SanDiegoHouseShop.com
Between Friends:
KnowYourOptions:
New info Website for any Fannie...: KnowYourOptions: New info Website for any Fannie Mae loan holders. CAR has put out this press Release for every body to see...
Brought to you by http://www.SanDiegohouseshop.com
619-869-0588
KnowYourOptions:
New info Website for any Fannie Mae loan holders.
CAR has put out this press Release for every body to see this new site!
KnowYourOptions.com has undergone a renovation that allows Fannie Mae to provide more housing information, foreclosure-prevention resources, and tools than in years past.
KnowYourOptions.com has undergone a renovation that allows Fannie Mae to provide more housing information, foreclosure-prevention resources, and tools than in years past.
Changes include:
- Expanded content. In addition to the foreclosure prevention information, KnowYourOptions.com now includes information on buying and renting a home, and expanded refinancing content. New calculators, tools, and other consumer resources have been added as well.
- Integrated Loan Lookup functionality. The Fannie Mae Loan Lookup tool has been integrated into KnowYourOptions.com, providing a seamless experience when searching for refinance and mortgage assistance. The integration has made the lookup process easier and now offers customized results. When the Loan Lookup matches a Fannie Mae loan, results will show the borrower the date their loan was acquired by Fannie Mae. Homeowners also will be guided to potential options that may be available for their situation, such as the Home Affordable Refinance Program (HARP) or the Home Affordable Modification Program (HAMP), get recommendations on next steps, and -- if they're a Fannie Mae borrower -- get mortgage assistance by requesting an appointment directly with a Fannie Mae Mortgage Help Center.
Remember you have to have a Fannie Mae Loan in order to Qualify for this info !
If you have any questions please give us a call ! or Click our picture
www.SanDiegoHouseShop.com is here to help.
If you have any questions please give us a call ! or Click our picture
www.SanDiegoHouseShop.com is here to help.
Wednesday, September 26, 2012
Between Friends: A great person , Teacher and fried Sent me an e-...
Out of a wise man's mouth! any questions www.SanDiegoHouseShop.com
Hugo Sanchez and my team are here to help
Between Friends:
A great person , Teacher and fried Sent me an e-...: A great person , Teacher and fried Sent me an e-mail today with a quote I want to share: His Name is Duane Gomer you can go an vis...
A great person , Teacher and fried Sent me an e-mail today with a quote I want to share:
His Name is Duane Gomer you can go an visit his Facebook page and like it, He is a very wise person!
GOOD NEWS
Real Estate Headline in 9/14 newspaper: Housing market getting hotter. Southern California’s Housing market fini
shed out the summer on fire, with the region’s median home price climbing to a four-year high and sales hitting their best level for an August in six years.
Notices of default statewide fell 23.6% from July and were down 49.1% from August 2011, according to data from ForeclosureRadar.com. A notice of default is the first formal step in the foreclosure process.
“We continue to see reports that there will be a wave of foreclosure sales after the election or at the start of the year,” ForeclosureRadar Chief Executive Sean O’Toole said in a statement. “The lack of foreclosure starts this month puts a nail in the coffin of this theory.”
By the way, Sean O’Toole is an outstanding individual and if he says it, believe it. The entire article can be found at
Notices of default statewide fell 23.6% from July and were down 49.1% from August 2011, according to data from ForeclosureRadar.com. A notice of default is the first formal step in the foreclosure process.
“We continue to see reports that there will be a wave of foreclosure sales after the election or at the start of the year,” ForeclosureRadar Chief Executive Sean O’Toole said in a statement. “The lack of foreclosure starts this month puts a nail in the coffin of this theory.”
By the way, Sean O’Toole is an outstanding individual and if he says it, believe it. The entire article can be found at
If you have any questions please contact us or visit us at:
http://www.sandiegohouseshop.com/contact/
I am Hugo Sanchez and me and my team are here to help you!
Tuesday, September 25, 2012
Between Friends: What about the Mortgage debt Forgiveness act? I...
Between Friends: What about the Mortgage debt Forgiveness act?
I...: What about the Mortgage debt Forgiveness act? If you were wondering Our C.A.R. President said this: Mortgage Debt Cancella...
I...: What about the Mortgage debt Forgiveness act? If you were wondering Our C.A.R. President said this: Mortgage Debt Cancella...
What about the Mortgage debt Forgiveness act?
If you were wondering
Our C.A.R. President said this:
Mortgage Debt Cancellation
Last month, I mentioned the expiration of the mortgage debt cancellation provision, which ends Dec. 31, 2012. The mortgage debt forgiveness issue is only one of approximately 60 expiring tax provisions that Congress appears unable to extend prior to its recess for the November elections. Congress is pushing the extension of any expiring tax provision to the lame duck session, along with any increase in the debt ceiling, and any serious attempts to prevent the mandatory budget cuts agreed to during last year’s debt ceiling deal.
California's tax treatment of mortgage debt relief income generally aligns with federal law, and both the California and federal laws are set to expire at the end of 2012. For debt forgiven on a loan secured by a "qualified principal residence," borrowers are exempt from both federal and state income tax consequences, but only until Dec. 31, 2012. The existing federal exemption is for indebtedness up to $2 million, whereas the new California exemption is for indebtedness up to $800,000 and forgiven debt up to $500,000.
However, these tax breaks apply only to debts discharged from 2009 through 2012. It may be that Congress will take action to extend the federal exemption before year’s end, but we will have to wait and see. If the federal law is extended, it is likely that California would follow in due course, as in the past, but it is not guaranteed. The last time the federal tax exemption was extended, California did not conform its tax law until well into the next year.
If you’re working with sellers who have transactions closing after Dec. 31, 2012, they should speak to their own legal counsel or tax advisors about the impact of the expiration of these laws and their potential tax liabilities, including the applicability of other exemptions from debt relief income tax.
For any questions look us up in www.SanDiegoHouseShop.com
News Room - Trulia.com - Press Releases
Still on the fence!!! Check this out , questions? http://www.SanDiegoHouseShop.com
News Room - Trulia.com - Press Releases
News Room - Trulia.com - Press Releases
So here is my new Flavors Webpage !!
http://flavors.me/teamsanchez
http://flavors.me/teamsanchez
We are here to help you buy or sell your home in San Diego, Chula Vista:
We are here to help you achieve your dream of Home ownership.
Our strategies are agressive and competitive, We know your neighborhood like no other, We can zoom into the targeted market or home you are looking for and help you meet your Real Estate goal.
We know how to take care of you. We will be with you from beginning to end and there after.
Areas I cover:
CA DRE#01842005
Looking for Market info:
We offer an array of services under our Team.
Tuesday, September 18, 2012
Beetwen Friends: New Law Revamps Workers' CompensationThis morning,...
Beetwen Friends: New Law Revamps Workers' CompensationThis morning,...: New Law Revamps Workers' Compensation This morning, Governor Brown signed into California law extensive changes to the workers’ compensation...
New Law Revamps Workers' Compensation
This morning, Governor Brown signed into California law extensive changes to the workers’ compensation system which protects employees injured while at work. The new law aims to reduce costs to employers, increase benefits to disabled workers, and eliminate inefficiencies and waste in the system. The Governor’s office estimates that the law will reduce the costs of workers’ compensation losses by close to $1 billion. The full text of thi
This morning, Governor Brown signed into California law extensive changes to the workers’ compensation system which protects employees injured while at work. The new law aims to reduce costs to employers, increase benefits to disabled workers, and eliminate inefficiencies and waste in the system. The Governor’s office estimates that the law will reduce the costs of workers’ compensation losses by close to $1 billion. The full text of thi
s new law, Senate Bill 863, is available athttp://www.leginfo.ca.gov/.
As a reminder, real estate brokers are highly encouraged to provide workers’ compensation coverage for their real estate salespersons without charging the salespersons for the premium costs. The California Labor and Workforce Development Agency has taken the position that a real estate salesperson is generally an “employee” for workers’ compensation insurance purposes. For more information, C.A.R. offers members a legal article on Workers’ Compensation. Also, for information on worker’s compensation coverage from our endorsed insurance broker, RealCare Insurance, click here.
Major highlights of the new workers’ compensation law, which will generally take effect on January 1, 2013, include, but are not limited to, the following:
Increases total permanent disability benefits by about $740 million per year, as well as revises the procedures for determining an employee’s eligibility for permanent disability indemnity;
Provides that no permanent disability indemnity payment is required if the employer has offered the employee a position that pays at least 85% of the compensation paid to the employee at the time of injury or if the employee works in a position that pays 100% of the compensation paid to the employee at the time of injury as specified;
Provides funding for a $120 million return-to-work program appropriated from the Workers’ Compensation Administration Revolving Fund;
Provides a permanent partial disability employee with a voucher up to $6,000 as a supplemental job displacement benefit to cover education-related retraining and skill enhancement expenses as specified. Vouchers are not required if an employer offers employment;
Makes certain changes for private self-insured employers and the Self-Insurers’ Security Fund;
Limits an employer’s requirement to provide home health care services as medical treatment for an injured worker under certain circumstances;
Implements independent medical and bill review processes, which will also be used to resolve disputes over a utilization review decision for injuries as specified. The cost of the independent medical review and the administration of the independent medical review system will be borne by employers;
Establishes official fee schedules as follows: (1) an official medical fee schedule for reasonable maximum fees for certain medical goods and services; (2) an official medical fee schedule based on Medicare’s Resource-Based Relative Value Scale for physicians and nonphysician practitioners, which will become maximum reasonable fees commencing 2014; and (3) a payment schedule, by July 1, 2013, for home health care services not otherwise covered;
Requires that a chiropractic doctor is certified in California workers’ compensation to be a qualified medical evaluator (i.e., eliminates eligibility based on postgraduate study);
Requires, starting 2014, changes to medical provider networks, such as requiring a treating physician to give a written acknowledgement that the physician is a member of a medical provider network, and requiring every medical provider network to have at least one medical access assistant to help injured employees find an available physician;
Prohibits an interested party for certain workers’ compensation services from providing referrals as specified, which will be a misdemeanor and subject to civil penalty up to $15,000 per offense;
Prohibits a qualified medical evaluator from conducting evaluations at more than 10 locations;
Revises dispute resolution procedures, such as when an employee is represented by an attorney;
Establishes a secondary review process for billing disputes related to medical or legal expenses;
Revises procedures for allowing specified expenses as liens, such as requiring payment of a lien to be made only to the person entitled to payment (not assignee) except as specified, requiring certain declarations to be made under penalty of perjury, requiring a $150 filing fee for liens filed on or after January 1, 2013, and a $100 activation fee for certain liens filed before January 1, 2013; and
Amends legal proceeding procedures, such as by allowing an appeals board to receive reports of vocational experts as evidence, and requiring employers to pay for a language interpreter if the injured employee or deponent is not proficient in English.
As a reminder, real estate brokers are highly encouraged to provide workers’ compensation coverage for their real estate salespersons without charging the salespersons for the premium costs. The California Labor and Workforce Development Agency has taken the position that a real estate salesperson is generally an “employee” for workers’ compensation insurance purposes. For more information, C.A.R. offers members a legal article on Workers’ Compensation. Also, for information on worker’s compensation coverage from our endorsed insurance broker, RealCare Insurance, click here.
Major highlights of the new workers’ compensation law, which will generally take effect on January 1, 2013, include, but are not limited to, the following:
Increases total permanent disability benefits by about $740 million per year, as well as revises the procedures for determining an employee’s eligibility for permanent disability indemnity;
Provides that no permanent disability indemnity payment is required if the employer has offered the employee a position that pays at least 85% of the compensation paid to the employee at the time of injury or if the employee works in a position that pays 100% of the compensation paid to the employee at the time of injury as specified;
Provides funding for a $120 million return-to-work program appropriated from the Workers’ Compensation Administration Revolving Fund;
Provides a permanent partial disability employee with a voucher up to $6,000 as a supplemental job displacement benefit to cover education-related retraining and skill enhancement expenses as specified. Vouchers are not required if an employer offers employment;
Makes certain changes for private self-insured employers and the Self-Insurers’ Security Fund;
Limits an employer’s requirement to provide home health care services as medical treatment for an injured worker under certain circumstances;
Implements independent medical and bill review processes, which will also be used to resolve disputes over a utilization review decision for injuries as specified. The cost of the independent medical review and the administration of the independent medical review system will be borne by employers;
Establishes official fee schedules as follows: (1) an official medical fee schedule for reasonable maximum fees for certain medical goods and services; (2) an official medical fee schedule based on Medicare’s Resource-Based Relative Value Scale for physicians and nonphysician practitioners, which will become maximum reasonable fees commencing 2014; and (3) a payment schedule, by July 1, 2013, for home health care services not otherwise covered;
Requires that a chiropractic doctor is certified in California workers’ compensation to be a qualified medical evaluator (i.e., eliminates eligibility based on postgraduate study);
Requires, starting 2014, changes to medical provider networks, such as requiring a treating physician to give a written acknowledgement that the physician is a member of a medical provider network, and requiring every medical provider network to have at least one medical access assistant to help injured employees find an available physician;
Prohibits an interested party for certain workers’ compensation services from providing referrals as specified, which will be a misdemeanor and subject to civil penalty up to $15,000 per offense;
Prohibits a qualified medical evaluator from conducting evaluations at more than 10 locations;
Revises dispute resolution procedures, such as when an employee is represented by an attorney;
Establishes a secondary review process for billing disputes related to medical or legal expenses;
Revises procedures for allowing specified expenses as liens, such as requiring payment of a lien to be made only to the person entitled to payment (not assignee) except as specified, requiring certain declarations to be made under penalty of perjury, requiring a $150 filing fee for liens filed on or after January 1, 2013, and a $100 activation fee for certain liens filed before January 1, 2013; and
Amends legal proceeding procedures, such as by allowing an appeals board to receive reports of vocational experts as evidence, and requiring employers to pay for a language interpreter if the injured employee or deponent is not proficient in English.
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