recent blog posts from Peggy Chau
Posted by Peggy Chau | on May 4, 2009, 3:10 pmThere are three major tax benefits for homeowners: deductibility of mortgage interest, deductibility of real estate taxes and the capital gain tax exclusion for principal residence. Each one represents a significant provision of law. According to the Congressional Joint Committee on Taxation, for fiscal year 2008 the tax expenditure (approximately the size of the program » Read more
Posted by Peggy Chau | on April 24, 2009, 8:23 pmUnder the administration’s stimulus package and existing federal and state programs, millions of home owners can qualify for funds earmarked for solar energy systems. The incentives are as large as ever, for three reasons: 1. Washington wants to reduce our dependence on foreign oil 2. Goals to reduce pollution and green house gases 3. Stimulation » Read more
Posted by Peggy Chau | on April 17, 2009, 6:07 pmHome buyers in today’s market will almost certainly look at a short sale property. A short sale is an attempt by the homeowner to take a loss and sell their home for less than they owe the mortgage holder in an attempt to avoid foreclosure. Short-sale home sellers are depending on the bank to also » Read more
Posted by Peggy Chau | on April 10, 2009, 3:49 pmWith an air of sophistication and an elegant presence, Millbrae Estates offers a premier collection of 37 residences of Tuscan, Spanish Monterey, Spanish Revival and Italianate styled homes that recapture an era of classic residential design. Providing a harmonious balance between elegant architecture and a beautiful natural setting, Millbrae Estates is a new chapter in » Read more