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Will the Debt Forgiveness Act Expire This Year?

January 7, 2012 By Leave a Comment
Will Short Sales be Subject to Tax?

With the Mortgage Debt Forgiveness Act set to expire at the end of this, a storm cloud may be on the horizon. For those of you who are unfamiliar with the legislation, congratulations! You probably have not had to experience the financial hardship of being upside down on your home. To those homeowners who have been through a short sale or a foreclosure beginning in 2007 to present day, this law has provided some much needed financial relief. For instance, if you purchased your primary … [Read more...]

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The Price to Value Relationship

December 27, 2011 By Leave a Comment
We Need to Communiate the Value We Provide

How is value explained? Is it best defined as a monetary measure, or is it possibly related to a service that one provides. Is it tangible or intangible? The word "value" may best be described in an analogy that was used by Supreme Court Justice Potter Stewart when he attempted to explain obscenity.."I know it when I see it". If you have been in the market to buy a home recently you are well versed in the examples of value. Look at 7-10 homes in one day and you begin very quickly to understand … [Read more...]

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Lunch at Papa Don’s Deli in South Pasadena

December 7, 2011 By Leave a Comment
Papa Don's Deli, 303 Pasadena Ave., South Pasadena

Need a new place for lunch in South Pas? You should try Papa Don's Deli. It is a great alternative to the same old burger & fries or even that other place that serves sub sandwiches. While it's not on Fair Oaks Blvd or Mission Street (Restaurant Row), it's not far around the corner. Go west on either Mission Street or Monterey Rd. and you will find Papa's located at 303 Pasadena Avenue. What is the foundation of any good sandwich? It is the bread and at Papa Don's its always very fresh. You … [Read more...]

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California’s Foreclosure Economy

December 6, 2011 By 1 Comment
Traffic in LA

With California's budget deficit in the billions of dollars, is California's Foreclosure Economy a plan designed to profit from distressed homeowners? Does the Golden State have an economic interest in prolonging the foreclosure process? Absurd? Outrageous? Well, possibly until you begin to dissect the reasons behind the State's continuing intervention and delays that seem to inevitably prolong any recovery in housing. Case in point, Kamala Harris, the Attorney General for California … [Read more...]

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To The City of Pasadena, Thank You

December 3, 2011 By Leave a Comment
Pasadena Street Light

Wednesday nights wind storm was described as a hurricane without the rain. Growing up in Texas, we know wind. Here in Pasadena it's not uncommon for a breeze, but we very seldom have wind. Wind that produces the destructive force of a hurricane. Speaking with many of our neighbors, a lot of us experienced a near sleepless night. The wind would howl, then almost slow to a whisper before it would rev back up again and blow open the windows of our house. Luckily, we were spared the hostility of … [Read more...]

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