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Real Estate Information
http://www.johnjacobus.com/Blog
Market tips, what is happening in real estate and home improvement tips.
Recent Posts
Over Improving Your Home
QUESTION: Does granite countertops and ceramic & wood floors add value to your home? ANSWER: These upgrades will enhance your home’s appeal and will help it sell more quickly, but adds little value if your home is valued under $300,000. &n...
Great News for Real Estate
There has been $400,000,000,000 (billion) in real estate foreclosed or sold short (loan not paid in full) since the market turned down. Another wave of foreclosures will be hitting early next year. It is estimated there are $300...
Winterize Your Equipment
Check all radiators for proper antifreeze protection soon. You should change antifreeze every 2 or 3 years so as to keep its rust protection. When you mow for the last time this year be sure to winterize the mower. Add some StaBil to th...
2Buy or 2Wait
Someone asked me this week, “Should I buy now, or wait till spring and hope home prices drop another 10%? Here’s my answer. If you could control interest rates, unemployment, layoffs, factory closings, terrorist attacks, tax laws, ...
Is Forgiven Debt Taxable?
QUESTION: (Brett) On a short sale, (where a bank is not fully paid) is the forgiven debt taxable income? ANSWER: (John) Technically yes, but most people get an exception and do not have to pay tax on the forgiven debt...
Alligator
This is brought to you by Teressa, John’s Closing Coordinator and Marketing Director. I wanted to let you know that I have worked in the real estate business since 1996. I have done everything from working the front desk of a real e...

