Texas Bankruptcy Laws

IndyMac will close regional mortgage center (bizjournals.com via Yahoo! Finance)   IndyMac Bancorp Inc. said Tuesday that it will close regional wholesale mortgage centers in Kansas City, Tampa, Philadelphia, Boston and Columbia, S.C., as a result of the continued downturn


Tycoons in the making -- Ron and Yvette Godwin  For many people there's book learning and life lessons -- Ron and Yvette Godwin have used both to become successful real estate investors.read more...


VA acts to offer mortgage relief  With thousands of service members and veterans having lost homes or facing foreclosure as the mortgage crisis continues, lawmakers are pushing legislation to raise VA loan ceilings, lower VA funding


Dream homes come true  Above: Laura Dacanay, acting president of Habitat for Humanity of Guam's board of directors, left, and Talofofo Mayor Pete Paulino, right, assist Nicolas Grey, 52, of Santa Rita, as Grey


Popular Financial Holdings, Inc. Announces New Mortgage Servicing Subsidiary, Popular Mortgage Servicing, Inc. (PR Newswire via Yahoo! Finance)   Popular Financial Holdings, Inc. today announced the creation of a new mortgage servicing subsidiary, Popular Mortgage Servicing, Inc. , located in Cherry Hill, New Jersey.read more...


Mortgage rates fall again to 6.43 percent  Rates on 30-year mortgages fell for the seventh time in the past eight weeks, dropping to the lowest level since early April.read more...

March 27th, 2006

Real Estate Mailbag

Q DEAR BOB: My fiance and I plan to buy a home together after selling our current residences for capital gains exceeding the $250,000 exemptions for each. If we put ourselves on each other’s title and file a joint tax return, can we take advantage of the $500,000 married exemption per property and avoid capital gains tax?

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