|
|
| Jul. '05 |
|
|
 |
|
Welcome to the July 2005 San Diego Market Focus Newsletter. July means the NFL Season and The Del Mar Horse Racing Season are right around the corner and in this month's newsletter we have included the 2005 San Diego Chargers Football schedule as well as the 2005 Del Mar Race Track special events calendar. Also in this month's Market Focus are articles on "10 Tips for First-Time Sellers" and a great article on how your home is a tremendous financial asset. Enjoy the newsletter and don't forget to contact your local Chicago Title sales representative to obtain copies of anything you see and like from this newsletter or past editions. |
|
|
|
 |
|
2005 San Diego Chargers Football Schedule
This article requires Adobe Acrobat Reader to view. To download your free copy of Adobe Acrobat Reader
Click Here.
|
|
|
|
|
|
2005 Del Mar Race Track Special Events Calendar
This article requires Adobe Acrobat Reader to view. To download your free copy of Adobe Acrobat Reader
Click Here.
|
|
|
|
|
|
10 Tips for First-Time Sellers
This article requires Adobe Acrobat Reader to view. To download your free copy of Adobe Acrobat Reader
Click Here.
|
|
|
|
|
|
Is Your Home a Financial Asset?
Now a net worth of $1 million is hardly unique. The new "Ninth Annual World Wealth Report" by Merrill Lynch and Capgemini shows that just in North America we now have millions of millionaires -- 2.4 million of them. This gilded upper crust has assets worth $9.3 trillion, an astonishing figure considering that it does not include "collectibles, consumables, consumer durables and real estate used for primary residences."
Huh?
The idea that a home is not a financial asset is curious. Do not a lot of people use home equity to raise capital for businesses, college educations and other purposes?
If you sell a home for $1,000,000 and move into a property that costs $600,000 do you not have $400,000 in your pocket? And given our current federal tax rules, is it not probable that the entire profit is tax-free?
|
|
 |
|
