Howard's Blog

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Real Estate Broker/Owner - HBhomesales.com
RECENT BLOG POSTS
The Benefits of RefinancingMany people refinanced their mortgages in 2007. And some cash-strapped refinancers decided to borrow even more money, in the form of a home-equity loan. If you fall into this category, be sure to claim all your rightful deductions on your 2007 return.Deducting Your Mort...
04/07/2008
Market Update for Huntington Beach, California March 2, 2008Huntington Beach seems to be in buyer market mode at this time.Detached Single Family ResidencesMedian List Price This Week      $849,900Average Days on Market 117Asking Price per Square Foot $ 443Percent of Properties with Price Decreas...
03/03/2008
Connect Realty is rolling is the new real estate company rolling out on April 1, 2008.It is being backed by Jim and Rod Canion who started and ran Compaq Computers until they were purchased by HP.They believe that the Real Estate Industry is about to change and they believe that technology will n...
02/24/2008
Until now, the issue of whether a vacation home qualifies for tax deferral treatment under IRC §1031 was the subject of much scrutiny and uncertainty. To the delight of many tax practitioners, on February 15, 2008, the IRS eliminated that uncertainty by issuing Revenue Procedure ("Rev. Proc.") 20...
02/24/2008
Always before buying a home, hire a professional to come and inspect the following major house systems to insure that they do not have any problems or deficiencies: the heating and central air conditioning, plumbing, the roof, electrical systems, attic, visible insulation, walls, windows, ceiling...
02/17/2008
Wintertime brings chills in the air, rosy cheeks from the cold, ice on the roads, and the obvious evergreens' beauty.  But I do not want to bring winter into my home, so I shut up my windows and crank the heat up, which means my skin begins to get dry, my throats start to hurt, and static electri...
02/10/2008
A common way to avoid your property being taken away by the lender on account of non-payment of your mortgage is a deed-in-lieu of foreclosure. Deed-in-lieu is a process in which the borrower failing to satisfy the loan obligation hands over his property to the lender. The lender may then sell th...
02/09/2008
Have you ever pulled clothes out of the dryer and found a large blue spot on your favorite pair of jeans? You reach into the pocket and you find a pen that had not been taken out before you washed them.  Perhaps you have experienced a similar situation, or maybe you were the culprit of the tar st...
02/08/2008
Before buying a home, hire a professional to come and inspect the following major house systems to insure that they do not have any problems or deficiencies: the heating and central air conditioning, plumbing, the roof, electrical systems, attic, visible insulation, walls, windows, ceilings, floo...
02/08/2008
The IRS is out in force trying to collect tax dollars that we do not even owe.I was chosen for an audit and the audit went over for 4 months. It ended Thursday last week.All of my on-line business purchases paid by credit card we disallowed unless I had a printed receipt to go along with the cred...
02/04/2008
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Howard Barnes

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Huntington Beach Real Estate, Fountain Valley real estate, Orange County Real Estate, and California real estate