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Debt Relief Act of 2007-Mortgage Foregiveness
The Mortgage Forgiveness Debt Relief Act and Debt Cancellation If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income Read More...

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Sierra Nevada Realty Group Closes Escrow On Two Douglas County Homes
We are pleased to announce the sale of both 1833 Long Court and 1681 Mackland Ave. Sierra Nevada Realty Group represented both the buyer and seller sides of each transaction. Read More...

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Home Buyer Tax Credit
The first time home buyer tax credit is expiring again s0on. As it stands today (hopefully it gets extended..) one must be in contract by April 30, 2010 and have closed escrow by June 30 2010. First time home buyers are eligible for up to $8000 and Sellers Read More...

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Big Rebound in Existing-Home Sales Shows First-Time Buyer Momentum
RISMEDIA, October 26, 2009—Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of Realtors®. Existing-home Read More...

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Vote on homebuyer tax credit could come soon
updated 3:33 p.m. PT, Mon., Oct . 26, 2009 function UpdateTimeStamp(pdt) { var n = document.getElementById("udtD"); if(pdt != '' && n && window.DateTime) { var dt = new DateTime(); pdt = dt.T2D(pdt); if(dt.GetTZ(pdt)) {n.innerHTML = dt.D2S(pdt,((''.toLowerCase()=='false')?false:true));} Read More...

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One in Five Homeowners Filed for Bankruptcy to Avoid Foreclosure in June
RISMEDIA, August 5, 2009-One in five people who receives credit counseling before filing for bankruptcy cites avoiding foreclosure as the primary reason they are choosing bankruptcy, according to information collected by Consumer Credit Counseling Service Read More...

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Luxury Prices Continue to Fall - Owners Ask for Less and Add Perks
By Lisa Black Print Article RISMEDIA, July 31, 2009-(MCT)-After lowering the $4.2 million asking price of their Lake Bluff estate three times and by more than $1 million, Mike and Marti Palmer flirted with the idea of trading the still-unsold custom home Read More...

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Gardnerville Ranchos 1st Quarter Statistics
Gardnerville Ranchos Listing-Sales Statistics 1st Quarter 2009 Note 75.56% of listed homes SOLD... Average Sale Price Sold $177,802 These fabulous numbers are indicative of the $8000 first time home buyer incentive, an inventory of bank owned homes and Read More...

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