SellingNorthernNV

Josh Talayka | May 16, 2011

Why rent when it’s cheaper to buy? It’s possible to purchase a single family home with a mortgage payment equal to about 70% of what you would have to pay as rent for the same home.

Category: General | No Comments »
Tags: Chase International, Mortgage rates, Nevada, NV, Real Estate, reno, Rent, rental, Talayka, tax deduction, www.sellinghomesinreno.com, www.sellingnorthernnv.com

Josh Talayka | May 9, 2011

On January 15, 2011, Wells Fargo lowered their credit guidelines to offer FHA financing to borrowers with credit scores as low as 500. This lower credit requirement should open the doors to many buyers who otherwise would not be able to meet most lenders’ credit requirements of minimum scores of 650+/-.

Category: Credit, FHA loans | 1 Comment »
Tags: 500 credit score, borrower, Chase International, FHA, financing guidelines, Lending, mortgage, Nevada, NV, Real Estate, reno, Talayka, Wells Fargo, www.sellinghomesinreno.com, www.sellingnorthernnv.com

Josh Talayka | May 3, 2011

In order to fund the President Obama’s Health Care & Medicare overhaul plan, congress enacted two separate taxes that will raise the necessary funds need for the president’s plan. The first is a 0.9% tax that will be applied towards high wage and self-employment income. The second is a 3.8% tax that will be applied to some investment income received. In order to better understand how this tax will be applied, the National Association of Realtors (NAR) has put together some examples of different scenarios.

Category: Capital Gains, General, Tax | No Comments »
Tags: 3.8% tax, Capital Gains, Chase International, Health Care, investment income, Medicare, NAR, National Association of Realtors, Nevada, NV, Obama Care, Real Estate, reno, Talayka, Tax, www.sellinghomesinreno.com, www.sellingnorthernnv.com