Melinda Flynn

Real Estate eNews & Updates

June 2009
Greetings!   
"Extra, extra...read all about it!"
 
Coldwell Banker has some new advertising venues that I am excited to share with you! You will start seeing a new ad format for Coldwell Banker listings in the LA Times and Beach Reporter starting on July 11.
 
Instead of finding our brokerage listings mixed in with all of the other homes listed for sale in the weekly news print media, you will find a full-color insert in our new magazine called "View Magazine".

View Magazine Cover

All of our listings will be featured weekly, including $300,000 condos up to luxury homes behind the gates in PV or on The Strand. The same listings will also be featured online at CBView.com (this link is an example of the Orange County edition, but starting July 11 it will be specific to the Westside/South Bay).
 
So, if you or someone you know needs to sell, it's a great time to take part in the new age of Coldwell Banker marketing efforts. In this market, getting a home sold is all about positioning, pricing, and strategic marketing for maximum exposure.
 
I'm never too busy for your seller referrals to review their home-selling goals and how my business and Coldwell Banker can help!
 

Melinda Flynn
310-265-4222 Direct
310-728-5795 Cell
 
In This Issue
*LA County Tax Assessor's Office & Your Property Tax
*Thinking of LEASING Your Current Residence? What Every Landlord Should Know!
*In the Mail
LA County Tax Assessor's Office & Your Property Tax
Homeowners: did you receive a "Decline-in-Value Notice" from the Tax Assessor's office? Or, do you think your property has declined further in value, and you want to get more information on how to apply for a lower tax base?
 
Here is a useful link to the LA County Tax Assessor's website. You'll find all sorts of interesting information and forms that will help answer all of your questions.
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Thinking of LEASING Your Current Residence? What Every Landlord Should Know!

Due to the current real estate market, many would-be sellers are opting to rent out their homes to cover their mortgages. However, it's a good idea for you to be educated on future tax implications* when you decide to sell your property.  

You might be able to avoid taxes by doing a 1031 Tax Deferred Exchange by buying another like-kind property. It is wise to seek counsel of a qualified 1031 Exchange Specialist so that you are aware of your implications and options available to you. I recommend Barbara Joyce of Exeter 1031 Exchange Services. She is excellent and will answer all of your questions. Her number is 714-269-9577.

*Consult a tax advisor, such as Gary Chan of McDowell, Dillon & Hunter Accountancy for your specific situation. Gary is excellent!
In the Mail: "Design Trends"
 
Mail boxThis month's Item of Value* was about design trends and how to make improvements to your home on any budget and prepare it for selling. For more information on upgrading your home and home staging, visit these links for expert staging tips and staging your home for sale.
 
Sneak Peak at next month's Item of Value: "A Summertime Guide to Open Air Entertaining".
 
*If you live [or know people] in the LA/South Bay and would like to receive my monthly Items of Value in the mail, please contact me with your mailing address or sign up for my Client Appreciation Program here.