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| Dec. '07 |
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Happy Holiday's to everyone! We are nearing the end of the year and you still have time to take advantage of several tax deductions if you act quickly-we have included a checklist of 10 often overlooked real estate tax deductions-a great informational piece for your clients! The nights are getting colder and that means taking advantage of California's many ski resorts and activities-take a look at our California Snowsports Information Hotlines flyer. Finally, a great article on how to handle low ball offers; pretty good timing in this market. Enjoy!
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Realty Tax Tips
A Checklist of 10 Often Overlooked Real Estate Tax Deductions
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How To Handle Lowball Offers
If your house has been on the market for quite a while, you may have already dropped your price and now you're waiting for the buyers to rush in and make wonderful offers on this now-priced right property. And then it happens.
The lone buyer does appear, like a bandit in the night and offers you even less than what you just agreed to. Quite a bit less -- about 10 percent less. So on your $350,000 house, that you just dropped to $324,000, you now have an offer for $299,000. With a seller subsidy request of $5,000. At this point, your net is $294,000.
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