If you are buying a condominium including a townhome, what will you ask before you buy? 1. How much are the assessments? When are the payments due? What do they cover? What don't they cover? 2. Does the complex have a viable reserve fund for major projects in the future? 3. Are there restrictions on renting? 4. Do the architectural guidelines suit you preferences? 5. What are the rules with respect to pets, flags, outside antennas, satellite dishes, clotheslines, fences, patios, and home businesses? 6. If you're considering an age-restricted community, what is the policy on underage residents?
The more you know in advance, the more likely you'll enjoy your new home and new neighborhood.
excerpt from Community Associations Institute.....
Look what people are saying about Pat Lile..............
from Jeanne and Mark Burnett upon the successful close on the sale of their Woodbury property; ".....thank you very much for all of your work in selling our house. After meeting with other realtors, it was clear from the start that you were the right person to assist us. You were very couteous and professional from the first meeting. You exceed our expectations with regard to your marketing efforts, and ultimately helped us receive a good price in a short amount of time in a very tough market..."
Federal tax liens have such a long reach that even if a beneficiary of an excumbrance with priority status, forecloses on the property that is encumbered by a Federal Tax Lien, the IRS has the right to redeem the property within 120 days from the date of the sale provided for by Title 26, Section 7425(D) United States Code. Needless to say, this may impede a successful sale or the closing on your property.
If you want to claim the debt-forgiveness exemption, download IRS Form 982 at www.irs.gov and attach it to your return for the year in which the debt was forgiven. And do not assume that this tax code benefit to homeowners will be around forever - it expirews at the end of 2012.
Call or email for additional information regarding these properties or selling your property. I am an expert on exhanges, investments, probates, bank owned, commercial, multi-family units, and land. 388 South Lake Avenue, Pasadena, CA 91101 Call: 626 8275151