Madelaine K Properties Blog

New Sales Tax on Selling your home, when will it stop???

New Sales Tax on Selling your home, when will it stop???

A 3.8 Percent “Sales Tax” on Your Home? Starts 2013, if you sell you will be paying for people with no health care… where do the taxes end? Q: Does the new health care law impose a 3.8 percent tax…

Difference Between Bank Owned Property and Foreclosure!

Difference Between Bank Owned Property and Foreclosure!

Today’s article is a Real Estate 101, focusing on the differences between short sales, foreclosures and bank-owned/real estate-owned properties. So often, it is perceived that the definitions are synonymous and they are not. Each term has its own very different…