LET ME WELCOME YOU TO LONG BEACH REAL ESTATE AND SURROUNDING NEARBY COMMUNITIES!
Welcome to my WEBSITE. I would like to thank those who had enough confidence in me to refer your family and friends over this past year and let you know that I truly appreciate it !
I hope that you find my WEBSITE to be an excellent source of information about homes for sale as well as investment properties in the LONG BEACH AREA as well as SURROUNDING COMMUNITIES. I offer access to real estate listings available on our local MLS as well as information I hope you will find helpful regarding the real estate process whether you are a First Time Buyer or Seasoned Investor or Seller. For those who have utilized my website and worked with me and referred your family and friends, I would like to thank you for your confidence in me.
Home Buyer Assistance Programs
There are many "First Time Home Buyer Assistance Programs" available which are posted below. If you don't see a particular city in Orange County then there probably isn't a program offered by that city but you may find one in the County, State or Cal Vet site? Please feel free to contact me with any questions or concerns you may have.
- The main Orange County site which they call "MAP" or mortgage assistance program
- Another Orange County assistance site
- CAL VET
- California Housing Finance Agency
- HUD (main site) for many cities
- LA County site
- Buena Park
- Costa Mesa
- Garden Grove
- Huntington Beach
- La Palma
- La Mirada
- Long Beach
We just received this information from our attorney at the California Association of REALTORs and I thought I would share this information with you.
SHORT SALES NOT SUBJECT TO STATE OR FEDERAL INCOME TAX FOR CANCELLATION OF DEBT
Short sales in California are generally not subject to state or federal income tax for cancellation of debt. The Franchise Tax Board (FTB) issued a letter yesterday stating that, as nonrecourse obligations, short sales in California are not subject to state income tax for cancellation of debt. The FTB's position conforms with the federal treatment of short sales stated in an IRS letter as we previously reported on November 15. These letters will provide welcome relief for short sale sellers given that the tax break for a qualified principal residence under the federal Mortgage Forgiveness Debt Relief Act of 2007 will expire at the end of this year, and similar protection under California law already expired in 2012. The FTB letter includes transactions that closed in 2012 but, as always, sellers should consult with their own tax professionals.
According to the recent FTB letter, "a California taxpayer would not have cancellation of indebtedness where the taxpayer was involved in a short sale pursuant to CCP section 580e." Section 580e of the California Code of Civil Procedure (CCP) generally protects borrowers from owing a deficiency after a short sale of a residential property with one-to-four units, including both first and junior trust deeds. Exceptions include fraud, waste, cross-collateralized loans, and borrowers that are corporations, LLCs, or limited partnerships. As with the IRS letter, the FTB letter states that even if no cancellation of debt income is owed, a taxpayer may nevertheless have capital gains to the extent that the outstanding debt exceeds the tax basis for the property. A principal residence, however, is generally excluded from capital gains tax up to $250,000 for single taxpayers and $500,000 for married couples filing joint returns (under 26 U.S.C. § 121).
Please be sure you check with your accountant regarding this issue, but we are all excited about this good news!<
Looking to Search the MLS? Just click on Properties on the left side of the Page. Go to Home Search and Register by filling out the information needed as well as your search criteria, and an email with the most current listings from our MLS will be sent to you each day based on your requested search criteria. The MLS information is updated every 20 minutes to be sure I have the most current ist of properties available. When you want to update your search criteria , just go back to the Home Seach tab, log in & add the new search criteria.
Available Condo for Rent: 1605 E. 2nd St. #302, Long Beach, CA- Gorgeous two bedrooms, two baths top floor end unit, private balcony with city lights view, two secure parking spaces, inside laundry, remodeled kitchen and baths. Available Now. $1650/Month rent and $1700 Security Deposit. PETS OK! NO SMOKERS!.
1237 E. 6th St. #303, Long Beach- Gorgeous 1 bedroom,1 bath Top Floor Unit which shows light and bright. Beautifully upgraded with multi=color slate tile flooring in Kitchen, Entry and Bath. Cherry Stained Hardwood Floors everywhere else. Kitchen includes stainless steel appliances including Refrigerator, gas range/oven, microwave, dishwasher, double sink, laminate counters and Breakfast Bar. Spacious Living rom with Romantic Fireplace and sliding glass doors to Private Balcony and storage room. Bedroom features large window with views toward City Lights, and built-in storage and desk and walk-in closet. Large full bathroom with dual sinks. Your own hot water heater and laundry in unit. Central Heat and Air Conditioning. One secure parking space in controlled access elevator building. Gorgeous Landscaping make the complex. Only a short distance to the beach and restaurants and shopping. A Great Buy at $185K. FHA Approved Building.
262 Falcon Ave.- Unique 2 bedrooms, 2 baths home in Alamitos Beach are of Long Beach. Sit on your upstairs patio and enjoy the ocean breezes and sunsets. Upstairs and downstairs completely remodeled and newly painted. Kitchen has new stainless steel appliances and washer/dryer. 1 car garage with new opener and garage door. Offered at $474K.
4589 Guava Ave. Seal Beach- Located just south of Old Ranch Country Club, recently upgraded Roosmoor Town Center. 4 Bedrooms, 2 baths, upgraded kitchen with cambria quartz countertops, custom tile/ brick splash Dacor 6 burner cooktop and all major appliances, Upgraded roof, air conditioning, ADT security system, washer/dryer, pella windows and very nice concrete and brick back yard. A steal at $655K.
8232 Santa Margarita Lane, La Palma- Gorgeous two-story 4 bedrooms, 2 baths home in move-in condition with beautiful outdoor retreat with heated pool/spa and BBQ area. Remodeled Kitchen, Formal Dining Room, Den opens to kitchen in rear of home, Living Room features romantic fireplace, lots of possibilities with the upstairs having a very large bedroom or bonus room. Central Heat and Air Conditioning , two-car attached garage. Offered at a Great Buy at $699,000! Great schools and neighborhood!
3106 Ostrom Ave. Long Beach, 9008- Beautiful traditional 3 bedrooms, 2 bath Lakewood Plaza home on large lot in desirable interior tract location. Large front porch, great curb appeal, real hardwood floors, smooth ceilings, spacious living room with wood-burning fireplace, sliding leading from living room to back yard patio. Charming galley kitchen with updated cabinets and travertine floors. One Bathroom has been updated, newer lighting and fixtures. Laundry off kitchen. Attached 2-car garage with newer roll-up door, separated fenced off area in back yard. Newer roof and partial copper plumbing. A Great Buy at $579K.
2 Homes for the Price of One! 3425 -3427 Wilton St. Long Beach, 90804- Two one bedroom one bath homes on one lot. Better than Living in A Condo! Front unit has long term tenant. Remodeled rear unit with new windows, refinished hardwood floors, fresh paint, new kitchen even 50" Flat Screen TV included. New bathroom with new tile flooring toilet and vanity. New roof and exterior paint, new fencing front and back. Offered at $468K.
2121 E. 1st St. #302, Long Beach NEW LISTING Beautiful 2 bed, 2 baths condo in historic Buff Park. Classic McKenzie building, top floor unit, with views of the park and peek-a-boo ocean views from master bedroom. Newer laminate flooring in main living areas, and new carpet in the master. Crown molding, designer paint colors, private south-facing balcony, large at-in kitchen, separate Dining room spacious living room with natural light and updated baths. Community Laundry, one secure parking space with storage locker, pet friendly building. HOA Dues only $260/per month. Walk to the Art Museum, Farmer's Market and the beach. Offered at $379K.
If you would like further details on these listings or want to know when the next open house is, just give me a call at 714-296-7270 or email me at firstname.lastname@example.org.
Check out my other listings on this site too!
I believe GOOD SERVICE makes for GOOD BUSINESS. Thanks to my clients confidence in me and their referrals to their friends and family, I work hard for my clients and I would love to have the opportunity to share my success with YOU!
When it comes to SELLING your home "the right agent makes all the difference in the world". There is a lot more to selling a house than just putting a "For Sale" sign in the front yard. I try to reflect this idea in everything I do from my initial visit with you right on through the closing. My marketing plan gives potential buyers a good look at your home from both inside and out. For a free-no obligation market analysis of your property just CLICK ON SELLING AND FILL OUT THE INFORMATION and I will email your market analysis directly to you. If you provide your phone # I can set up an appointment to see your property, and will provide you with a more comprehensive analysis as well as an estimated closing cost net sheet so you can see what you will come out with at the close of escrow. Remember, there is never any obligation when I provide you with my marketing analysis to list your property with me even if I come out to see the property. I just want to provide the best information to you and would always appreciate the opportunity to work for you if you feel it will be of benefit to you.
When it comes to BUYING a home/investment property, the value of doing business with me is my 30+years of experience, hardwork, integrity, negotiating successful terms,& superb service. I offer a FREE search of the MLS to find the property you are looking for. New properties will be emailed directly to you that match your criteria. This information is updated every 20 minutes.
TO START: Just click the "Properties" button on the left side of the page. It's as easy as that!
NEED TO BE PREQUALIFIED TO SEE WHAT YOU CAN BUY?
Call Steve Soriano with Essex Mortgage has some excellent programs. You can call him at (562) 429-3532 and let him know you got his name from me!