Cheap Houses for Sale!

Click here to see today's list of CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58886143-623635758-98


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Click below for today's CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58841286-623635758-58


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Click below for today's list of CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58799156-623635758-10


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

New Business Cards - Possible Poll?

I need to get some new business cards.  They now have background images.  Anyone have a favorite?

- 
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $96,900!

http://www.mrmlsmatrix.com/DAE.asp?ID=58756829-623635758-14
Click the link above to get today's list of CHEAP HOUSES FOR SALE in the Inland Empire.  Interest rates are very low right now, which means very low mortgage payments!  Get a house for a really cheap affordable price!


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $64,900!

If you are interested in buying low and potentially selling high in a few years, now is the time to buy!  Interest rates are low and CASH IS KING!  Click the link below to see today's CHEAP HOUSES FOR SALE in the INLAND EMPIRE.
http://www.mrmlsmatrix.com/DAE.asp?ID=58715335-623635758-58

If there is anything else you're interested in seeing, please feel free to call me at 909-446-2666!


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $89,500!

Click below for a list of CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58672425-623635758-18


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $92,500!

Click below for a list of CHEAP FORECLOSED HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58648885-623635758-14


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $79,900!

Click the link below for today's updated list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58622951-623635758-92


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Fannie Mae and Freddie Mac Release Their HAFA Guidelines

Fannie Mae and Freddie Mac Release Their HAFA Guidelines 

On June 1, 2010, Fannie Mae and Freddie Mac each released guidelines for implementing the Treasury Department's Home Affordable Foreclosure Alternatives Program (HAFA). These new guidelines apply instead of the HAFA guidelines for non-GSE mortgages. Servicers are required to implement these policies no later than August 1, 2010. While largely consistent with the HAFA guidelines for non-GSE mortgages, Fannie and Freddie have each made some important differences. 

To be eligible under the non-GSE HAFA program, the borrower must be delinquent or default must be reasonably foreseeable. Under Freddie's requirements, a borrower must be more than 60 days delinquent and have cash reserves less than the greater of $5,000 or three times the current monthly mortgage payment. Fannie allows borrowers to be at imminent risk of default. Fannie also prohibits a borrower from participating in HAFA if the borrower has the ability to continue making the mortgage payments, but chooses not to do so (sometimes called strategic default); has substantial unencumbered assets or significant cash reserves equal to or exceeding three times the borrower's total monthly mortgage payment or $5,000, whichever is greater; or has high surplus income. 

Fannie and Freddie provide that the real estate commission is the amount in the listing agreement, but not more than 6 percent. 

Fannie and Freddie allow for servicer incentives of $2,200 for a short sale and $1,500 for a deed-in-lieu of foreclosure (DIL). This is in contrast to the $1,500 servicer incentive for both a short sale and a DIL for non-GSE mortgages. 

For both Fannie and Freddie, each subordinate lien holder in order of priority may be paid no more than 6% of the unpaid principal balance of its loan, until the $6,000 cap is attained. This policy remains unchanged from the non-GSE HAFA program. Consistent with the non-GSE HAFA program, Fannie and Freddie guidelines do not permit subordinate lien holders to require contributions from the real estate agent or borrower as a condition for releasing its lien and releasing the borrower from personal liability. 

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $99,900!

Click here for today's updated list of CHEAP HOMES FOR SALE in the INLAND EMPIRE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58579305-623635758-74


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

AVOID Foreclosure, SHORT SELL Your House at NO COST TO YOU!

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Inland Empire - Owner Occupant Home Buyer, Community Event - LIVE AUCTION

When: Saturday July 24, 2010 Where: Ontario Convention Center - Exhibit Hall A 2000 E Convention Center Way, Ontario CA 91764 Time: Registration Starts Promptly at 8:00 a.m. Auction starts promptly at 9:30 a.m. What To Bring: Last 2 years W-2, last 30 days pay stubs, last 2 months bank statements, recent utility bill, $1,000 Cashier's Check - Checkbook for balance of 3% Earnest Money Deposit. Properties open for inspection from 12PM to 4PM on 7/10/10, 7/17/10 & 7/18/10. Please check individual property for specific open house information. ATTENTION BIDDERS, BROKERS & AGENTS: You must click on the orange button to the right to register for this exclusive, not open to the general public, auction. Buyers' agents who register will earn 3% commission. Please see our Terms and Conditions for more information.

Click here to go to www.auction.com/ie for more information.

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Get this home above for only $95,000!

Click below for today's list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58534136-623635758-18


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Coldwell Banker Kivett-Teeters Hosts Mobile Blood Drive

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $94,900!

Click here for a list of CHEAP HOMES FOR SALE under $100,000!
http://www.mrmlsmatrix.com/DAE.asp?ID=58493702-623635758-76


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for $74,900!

Click here for a list of CHEAP INLAND EMPIRE HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58449598-623635758-94


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $79,900!

Click here for a list of CHEAP INLAND EMPIRE HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58407234-623635758-16


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $89,900!

Click here to get TODAY'S list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58382330-623635758-90


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $99,900!

Click below for today's list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58354000-623635758-36


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Video-Oriented Mini-Goals

Just wanted to update those of you who follow my blog here at TinaJan.com. As of today, I've already racked up a combined total of 20 live BlogTV webcasts and Youtube videos! That's a big deal for me and I'm happy I've taken a big step towards being more video-oriented this year.

I want to make a conscious effort to do more vlogs. How can I make it easier to do more videos on a regular basis? Below are a few things that I've come up with... please comment and let me know if you can think of anything else to add to my list!

1. Set up a comfortable and functional place where I can chat candidly in proper lighting - My work office has a front wall composed of floor to ceiling windows, which makes the lighting fantastic. However, I'm still not bold enough to start talking to my webcam with all my coworkers within earshot. ;) By the time I'm done with work and I go home, it's already dark outside and the indoor lighting isn't bright enough!

Want to know a secret? Okay, here it is - I'm REALLY looking forward to setting up a "studio" in the new home after August. There is a perfect area with an entire wall of windows that would make a good video-friendly home office! Now all I have to figure out is what the background will be like... hmm... haven't thought that part out yet.

2. Consistency in posting videos - This can be achieved by setting a schedule and sticking to it. Easier said than done, I'm sure. Ideally, I'd like to post more than once a week. I could dedicate 3 days max for this though. I have a feeling I'd be pretty video'd out if I webcasted every day. Maybe Monday, Thursday, and Saturday afternoons could work.

3. Variety in topics - As many of my friendly BlogTV viewers have noted, I am completely obsessed with real estate. I don't purposely mean to lead every subject back to real estate, it just happens! To combat this behavior, I'm going to make a concerted effort to talk about other things. Not really sure what else I would talk about, but I'm still working on that.

4. Appearances - I've never been the type to worry that much about looks... but I realize the need to step it up a notch on video. I recently filmed myself talking about something, and while reviewing the footage, I noticed that my hair was pretty tousled and windblown (and not in a good way). Another thing I noticed, was that my natural style makeup was not doing me any favors on camera. And yes, you really do gain 10 lbs on video, so I will have to lose the 10 lbs I'm gaining on film!

That's it for now. It's already 4am! I knew I should have had the DECAFFEINATED tea tonight...

-

~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Click below to get today's list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58312120-623635758-10


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Click below for today's list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58266053-623635758-54


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Color Coordination Tips by BHG Magazine | Young House Love

Color Coordination Tips by BHG | Young House Love

Just wanted to share one of my favorite blogs that I follow: Young House Love.

Their banner, below, shows their cute house exterior (love that red door)!

Let me know what you think. I follow them on my Google Reader, which makes keeping track of my favorite blogs so much easier!

-

~Tina Jan~

DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Get this house for only $68,999!

Click below for the latest updates in CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58227078-623635758-74


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Conde Nast's 'Domino' Magazine is Back!

"Conde Nast was ruthless with its print magazine titles in 2009, shuttering many niche favorites like Domino as well as more mainstream, beloved titles like Gourmet. Fans and subscribers were thrilled this week when content from Domino began reappearing, rather bizarrely, under the Brides magazine masthead on the company's Brides.com website."

Click here to read the entire article from DailyFinance.com.

See the Flickr.com Domino Magazine Photo Pool.

Or read the post, "What's So Great about Domino Magazine?" on the ParisApartment blog.

I'm looking forward to reading the articles on Brides.com. I was going to buy some back issues on Ebay, but they were surprisingly expensive!

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $89,900!

Click below for today's updated list of CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58189514-623635758-50


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

On Twitter Yet? Follow Me!

For those of you with unlimited txt msgs or really cheap disposable txt msg plans, now there's one more way to get the latest real estate news on the go!

Get updates via SMS by texting "follow tinajan" to 40404. You will then be prompted to either sign in or sign up for Twitter. In minutes, you'll be able to get my latest new tweets right on your phone.

Usually I tweet about real estate, home improvement, interior design, blogTV webcast updates, local events, and my own random thoughts. It's just another fun way to share short blurbs of information with your family, friends, colleagues, clients, and internet-friends!

I'm looking forward to making new friends and sharing info on Twitter, so follow me today!

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Mortgage Forgiveness Debt Relief Extended to 12/31/2012

Click here to get complete details from the State of California Franchise Tax Board.

On April 12, 2010, SB 401, the Conformity Act of 2010 was enacted. It allows taxpayers who had all or part of the loan balance on their principal residence forgiven by their lender to exclude the forgiven debt from California gross income. The new law applies to discharges of qualified principal residence indebtedness on or after January 1, 2009, and before January 1, 2013.

New law - Taxable years 2009 through 2012

California law conforms, with modifications, to federal mortgage forgiveness debt relief for discharges that occurred in tax years 2007 through December 31, 2012. The amount of qualifying indebtedness is less than the federal amount and California imposes a state-only limitation on the total amount of relief excluded from gross income. The following summarizes the differences between the federal and California provisions. Federal provision applies to discharges occurring in 2007 through 2012, and:

• Limits the amount of qualified principal residence indebtedness to $2,000,000 for taxpayers who file as married filing jointly, single, head of household, or widow/widower, and to $1,000,000 for taxpayers who file as married filing separately.
• Does not limit the debt relief amount; it only limits the indebtedness amount used to calculate the debt relief amount.
• See the federal law Mortgage Forgiveness Debt Relief Act and Debt Cancellation for more information.

California provision applies to discharges that occurred in 2007 through 2012, and:

Taxable years 2009 through 2012

• Limits the amount of qualified principal residence indebtedness to $800,000 for taxpayers who file as married/registered domestic partners (RDP) filing jointly, single, head of household, or widow/widower, and to $400,000 for taxpayers who file as married/RDP filing separately.
• Limits debt relief to $500,000 for taxpayers who file as married/RDP filing jointly, single, head of household, or widow/widower, and to $250,000 for taxpayers who file as married/RDP filing separately.

Taxable years 2007 and 2008

• Limited the amount of qualified principal residence indebtedness to $800,000 for taxpayers who file as married/(RDP) filing jointly, single, head of household, or widow/widower, and to $400,000 for taxpayers who file as married/RDP filing separately.
• Limited debt relief to $250,000 for taxpayers who file as married/RDP filing jointly, single, head of household, or widow/widower, and to $125,000 for taxpayers who file as married/RDP filing separately.

How to File

Form 540 - Claiming mortgage forgiveness debt relief on an original tax return

You can file for debt relief on your original Form 540, California Resident Income Tax Return, or Form 540NR, California Nonresident or Part-Year Resident Income Tax Return.

If the amount of debt relief for federal purposes is the same as or less than the California limit, then no adjustment is necessary on Schedule CA (540/540NR).

If the amount of debt relief for federal purposes is more than the California limit, include the amount in excess of the California limit on Schedule CA (540/540NR) line 21f, column C.

You must include a copy of your federal return, including Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment), with your original California tax return. There is no similar California form.

Form 540X - Claiming mortgage forgiveness debt relief for a previously-filed tax return

If you already filed your tax return, file a Form 540X, Amended Individual Income Tax Return, in order to claim debt relief.

If the amount of debt relief for federal purposes is the same as or less than the California limit(s), an adjustment to income is no longer necessary on Schedule CA (540/540NR). On Form 540X, simply enter on line 2e, column B, the amount originally entered on Schedule CA (540/540NR) line 21f, column C.

If the amount of debt relief for federal purposes is more than the California limit(s), complete a new Schedule CA (540/540NR) and revise the amount originally reported on line 21f, column C, attributed to federal mortgage forgiveness debt relief, to the amount in excess of the California limit. Complete Form 540X following the instructions for that form and enter on line 2e, column B the difference from the original Schedule CA (540/540NR), line 21f, column C, less the amount from the revised Schedule CA (540 or 540NR), line 21f, column C.

When filing Form 540X, write "Mortgage Debt Relief" in red across the top of your amended tax return.

Cancellation of Debt

Generally, if you have property that is used as security for a debt and that property is taken by the lender (foreclosed) in full or partial satisfaction of the debt, you are treated as having sold the property.¹ This may generate either a gain or a loss, and in some cases cancellation of debt (COD) income. A mortgage restructuring (such as reduction in principal), that reduced your debt may also generate COD income.

In the wake of the 2007 American housing market collapse and subsequent mortgage crisis, the U.S. Congress enacted the Mortgage Forgiveness Debt Relief Act of 2007 (P.L. 110 142) and Emergency Economic Stabilization Act of 2008 (P.L. 110-343).

These Acts include provisions under federal law that, subject to certain conditions, that allows taxpayers to exclude from their federal taxable income the discharge of debt on their principal residence (COD income) that they would otherwise have been required to report (2007 through 2012).² The special federal rules relating to qualified principal residence apply to debt reduced through mortgage restructuring, as well as to mortgage debt forgiven in connection with a foreclosure.

Property other than principal residence

The federal Mortgage Forgiveness Debt Relief Act only provides for the exclusion of COD income relating to qualified principal residence. If you have COD income as the result of a foreclosure on other property, such as a second (vacation) home, rental, or other business property, you may still be able to exclude COD income under other provisions if:

1. You were bankrupt when the discharge occurred (Title 11 discharge).
2. You were insolvent (limited to level of insolvency).
3. Qualified farm indebtedness was canceled.
4. Debt was Qualified Real Property Business Indebtedness (QRPBI)³ and you make a federal election.

If more than one of these exceptions applies, they are applied in the above order.⁴

For more information, see IRS Publication 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments. The IRS Publication 4681 has a worksheet that can be used to help calculate the extent to which a taxpayer is insolvent immediately before the cancellation.

Information resources

• IRS.gov search for home foreclosure and debt cancellation.
• IRS publication 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments
• Federal law – Mortgage Forgiveness Debt Relief Act and Debt Cancellation
• SB 1055 – Legislative Change 08-7
• Press Release April 2010 – California Enacts Mortgage Forgiveness Debt Relief
• Tax News February 2010 – California Code of Civil Procedures and Foreclosure
• Tax News July 2009 – Foreclosure and Short Sales
• Tax News November 2009 – Documents, Second Mortgages, Tax Reporting – How to Handle a Foreclosed Home for Tax Purposes

---

¹Refer to the February 2010 Tax News article California Code of Civil Procedures and Foreclosure for more information regarding how California Civil Procedure Code (CCP) Sections interact with IRC Section 108.

²Federal law initially applied to discharges occurring from 2007 through 2009 (the Mortgage Forgiveness Debt Relief Act of 2007, Public Law 110-142, December 20, 2007). Federal mortgage forgiveness debt relief was subsequently extended to apply to discharges occurring from 2009 through 2012 (the Emergency Economic Stabilization Act of 2008, Public Law 111-5, October 3, 2008).

³The taxpayer cannot be a C corporation to use this exclusion.

⁴IRC section 108(a)(2).

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $99,900!

Click below for today's updated list of CHEAP HOMES that are LESS THAN $100,000!
http://www.mrmlsmatrix.com/DAE.asp?ID=58146240-623635758-38


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $99,900!

Click below to access today's list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58122698-623635758-36

All homes are less than $100,000!


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $84,900!

Click the link below for today's list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58095274-623635758-36

Every day this summer, I will be posting up a link to an updated list of Inland Empire area homes that are asking for less than $100,000. Homes haven't been this cheap for years! These homes are perfect for th savvy investor or the first-time home buyer.

If you would like to see any of these homes, please call or email me!


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $69,900!

Click below for homes in the Inland Empire under $100,000!
http://www.mrmlsmatrix.com/DAE.asp?ID=58055724-623635758-98


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $72,000!

Click below for today's updated list of CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58051337-623635758-36

All homes are under $100,000!


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home below for only $54,900!

Get this home above for only $85,000!

Click the link below for today's CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=58005280-623635758-70


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $74,900!

Click here to see the updated listings for the CHEAPEST HOUSES ON THE MARKET!

One or more new/updated listing(s) match your search criteria:
http://www.mrmlsmatrix.com/DAE.asp?ID=57960952-623635758-76


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this for only $69,500!

Click below for the latest updated list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=57919880-623635758-58


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $88,900!

Click below for the latest updated list of CHEAP HOMES FOR SALE in the Inland Empire!
http://www.mrmlsmatrix.com/DAE.asp?ID=57892250-623635758-10


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $38,500!

Click below for the latest updated listing of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=57875610-623635758-94


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this house for only $55,000!

Buyers and investors, click below for the new list of CHEAP HOMES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=57849461-623635758-98


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

What Kind of House are You? - Video

http://www.frontdoor.com/Buy/Home-Styles--What-kind-of-house-are-YOU/1088

These videos of different modern architectural styles is so inspiring! Check it out, you'll be happy you did.

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $100,000!

BUYERS AND INVESTORS, CLICK THE LINK BELOW TO SEE TODAY'S CHEAP HOUSES FOR SALE!
http://www.mrmlsmatrix.com/DAE.asp?ID=57806119-623635758-72


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $97,500!

Click the link below to see an updated list of CHEAP HOMES for LESS than $100,000!

http://www.mrmlsmatrix.com/DAE.asp?ID=57766032-623635758-30


Tina Jan
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. 6th St.
Beaumont, CA 92223
(909)446-2666 Cell
(951)845-5520 Office
(951)845-4916 Fax
www.tinajan.com

Cheap Houses for Sale!

Get this home for only $90,000!

Click here to see today's updated list of CHEAP HOUSES FOR SALE.

Every listing is under $100,000. These prices are unbeatable! If you're looking to be an investor in Inland Empire, then this is where you have to start.

If you have any questions, feel free to call me or email me.

-
~Tina Jan~
DRE# 01505855
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com