Exchange Basics Qualified PropertyTo meet the requirements of §1031, both Relinquished Property and Replacement Property must qualify. In other words, both the property you are selling and the property you are buying must be qualified property of like-kind. If not, your exchange will fail and be
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05/31/2011
Ways to Avoid Probate by Planning for the Future Now There are ways to avoid probate and some property situations that are not required to adhere to specific probate regulations. These are typically associated with different taxes and rules though. Certain accounts such as life insurance, 401K,
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05/30/2011
How is a Probate Sale Different from a Typical Home Sale? When a home or estate owner is deceased the property can go into probate if there are numerous heirs, properties or debts. Once this is the case a personal representative and executor are issued to the estate or acknowledged by a will. The
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05/30/2011
Are you in the market for a Real Estate Purchase? Here are Grant Program brief Highlights This offer is for All the buyers exclusively working with me to purchase the home in Orange county, LA County and Riverside County. Please feel free to share it with the Colleagues, Relatives, Neighbors an
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05/29/2011
Personal Representative in a Probate Transaction in California Regardless if there is a person named in the will as the personal representative the courts still must approve the decision. This is to verify the ability of the representative. If one is not in place, the probate court may require t
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05/28/2011
Probate is a legal proceeding where a state court looks over the process of identifying a deceased person's heirs, real estate and any debts. The main goal is to make sure the deceased debts are paid in full by the real estate or real property that remains. If there is a will, the executor or rep
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05/27/2011
Probate is defined as the process in which property is identified and redistributed to beneficiaries following the property owner's death. The benefits of Probate is to help beneficiaries sort out a confusing will if their are multiple heirs, multiple properties or large amounts of debt. The cour
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05/26/2011
Need corporate relocation for employees anywhere in the Orange County area? You need someone that knows the area and can provide a wealth of abilities and information for you and your employees. As an Irvine Realtor it is my job and goal to make sure you are responded to quickly, efficiently and
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05/25/2011
Many buyers are turning to the distressed properties, they are all over and are much cheaper. These properties are ... on their way to foreclosures, if nor sold before foreclosure dead lines. I help cooperative buyers match with these cooperative sellers and the result is all parties are benifit
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05/24/2011
How to Avoid Paying Too Much for a House Buying a home can be a daunting process. Mistakes can be costly, both emotionally and financially. Use these money-saving strategies in conjunction with the advice of your seasoned Irvine real estate agent to be a savvy buyer. 1. Establish your home p
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05/23/2011