By robby2305 August 30, 2017
I switched back to Utopia Management because another agent were unsuccessful in finding a tenant - for 4 months in a good market. They kept me informed of viewings and in fairly short order found a tenant at a market rent. The marketing pictures were good, something the other agent seemed unable to get right. What I wanted was a service that didn't just go through the motions of letting. It needs someone to understand the landlord. Utopia Management picked up maintenance issues that were either miss... ...read more
By jzxsalazar June 15, 2017
Utopia Management Inc have been very helpful towards my move into this property,and deals efficiently with ongoing problems I am having. Very pleasant,. a pleasure to speak to. Thank you Utopia Management Inc ...read more
By Jim Herchak February 15, 2017
Utopia Management Inc were amazing in getting my property up to scratch and on the market after it had been wrecked by a rogue leasing agent l who did not protect the deposit. they were efficient and helpful and now my property is back on the rental market.... ...read more
Nevine Carmelle is enrolled to practice before the Internal Revenue Service. She has extensive experience in the structures of business planning for Individuals, Corporations, Partnerships, Limited Liability Companies, Estates, Trusts and S-Corporations. In addition, extensive experience in the field of forming Corporations, Limited Partnerships, and Limited Liability Companies in all 50 states and most foreign countries. Nina also structures the formation of international corporations, trusts, private banking and handles international tax compliance. Nevine has been a featured speaker on tax&financial; matters at many professional seminars, including the California Society of Certified Public Accountants educational programs and the American Society of Women Accountants. She has also appeared at several professional programs, TV and radio shows including interviews on business strategies and financial structures. Nevine represents clients before the Internal Revenue Service, and State Tax Agencies. She has negotiated tax liens, levies, payment plans and offers in compromise and has represented clients with tax audits and appeals. As an Investment Advisor Nina assists clients with investment planning strategies. As a Real Estate agent Nina assists clients in locating the dream home, commercial and investment properties. Her specialties includes retirement planning, charitable gifting, insurance planning, estate planning, business compensation, and real estate matters. Education Nevine Carmelle has a Bachelors Degree in Accounting and finance major. Nina has a Masters Degree in Taxation from Golden Gate University. Nina is licensed as a real estate agent in California with the Department of Real Estate. Nina is a licensed Insurance Agent for insurance planning and setting up life insurance trust to reduce your estate tax liability. Professional Affiliations Orange County Bar Association Criminal Defense Bar Association Inland Society of Tax Consultants Chamber of Commerce ...read more
By Nevine Carmelle September 15, 2013
Author- Cathy Haney for the Register On January 1, 2013 both the Senate and House passed HR8, legislation to avert the "fiscal cliff" The bill was signed into law by President Barack Obama on January 2, 2013. The bill contained several positive provisions that should help the housing market, including popular Tax Breaks on Mortgage Insurance Premiums and Debt Forgiveness for borrowers who went through a Short Sale or some other type of debt reduction. The bill extends a law that expired at the end of 2011, which allowed for the deductibility of mortgage insurance premiums. The law now applies to fiscal years 2012 and 2013. "The law dictates that eligible borrowers who itemize their federal tax returns and have an adjusted gross income of less than $100,000 per year can deduct 100% of their annual mortgage insurance premium," according to the research firm Compass Point Research and Trading. "Certain borrowers with AGI's above $100,000 may benefit from the deductibility as well but are subject to a sliding scale. The tax break covers private mortgage insurance as well as insurance provided by FHA, the VA and the Rural Housing Service. In 2009, about 3.6 Million taxpayers claimed the mortgage insurance deduction. One of the heavily watched provisions of the bill was the extension of the Mortgage Forgiveness Act of 2007, which was set to expire Dec 31, 2012. Homeowners who experience a debt-reduction through a mortgage principal forgiveness or a short sale will be exempt from taxes on the forgiven amount. "Had the Mortgage Forgiveness Debt Relief Act been allowed to expire, the benefits of a short sale would have been eviscerated. along with any chance for the housing market to thrive. The Relief Act provides up to $2Million of debt forgiven on the homeowner's principal residence. For homeowners to qualify. their debt must have been used to buy, build or substantially improve their principal residence and be secured by that residence. ...read more
By Sovereign Lending Group Incorporated February 01, 2013
By Leah L. Culler of MSN RE It’s a new year, and many of you may have big plans for self-improvement. You’ll go to the gym more, be more Productive at work, and maybe even trim your spending on lattes and scones. If you’re thinking about ways to improve your finances, You might be considering a refinance on your home. Mortgage rates are still near record lows, but who knows How long they’ll stay that way. Because many of you may be Planning to get off the refinancing fence this year, we gathered 12 tips for refinancing in 2013. Here are some of the best words of advice. Just DO IT ! Homeowners who are thinking about refinancing get in the “I have got to have the lowest rate ever” mode and keep delaying getting started. “If you have decided to refinance, find a local loan officer, broker Or lender you can trust, get an estimate of costs and interest rates In writing , then do it” Homeowners need to know that rates change daily and that there is No guarantee that the rates will get better tomorrow. I always tell my clients that interest rates will do one of three things:They may go up, they may go down, or they may stay the same. But, In only one chance in three will you get better than what is available today.It’s your money, how much of a gambler are you? Check your credit Check and make sure all of your credit reports are Accurate before doing anything. If they are not Address it ASAP. Most loan officers or brokers Know who or how to help you with this. Get a Referral In most opinions, a borrower who comes to a loan officer, broker Or lender usually gets a little more attention. This means really getting Advice from someone who has recently used the loan officer or broker or lender And had a good experience, not your barber’s cousin’s baby-sitter who just got her License. Shop Around The best way to shop around for a refinance is to compare the Mortgage rate, fees and annual percentage rate (APR) of at least Three companies. Getting the best rate is not entirely dependent on your personal finances And a good credit score, so shop your mortgage around to multiple lenders to determine Rates and fees. Advice: Only let one company pull your credit scores And write them down and tell the other people you are shopping with what your mid-score Is so that way you don’t damage your credit. Then when you decide who to use Let them pull your credit for qualifying. Don’t forget about fees Be sure to look at the fees as well as the rate. A lot of lenders Will fool you into these no cost loans you pay a higher rate of interest Over 30 years tripling that cost so that they get enough credit from the lenders To pay for your cost, who do you think pays for that? You do!! With the higher Rate of interest you are paying over the span of your loan When you can take a lower rate. Pay your cost one time and save yourself the money. Compare the two over the 30 years and you will see your savings, ask your loan officer, Broker or lender to detail everything out for you. Research the mortgage company Before you decide to work with a mortgage company, loan officer, Broker etc, research, research, research. NMLS has created unique Identifying numbers for each lender, broker, loan officer etc gather Their NMLS ID number and do the research on them. Another great tool is the internet, Consumers who have had a good Experience with a company or person are eager to provide a positive review For them, and consumers that have had a poor experience are even more Eager to share that experience with others. The Better Business Bureau exists for a Reason; check on the ratings on Trust Link and the BBB. Or just google the names You’ll see things for each lender or person. Gather all of your paperwork You’ll need to track down a lot of information for the refinance Application so make sure you are prepared with everything you might Need. The things you will likely need include at least the following: · Mortgage Statement (for all properties) · Property Tax amounts · Home Owners Insurance amounts · Copies of pay stubs for the past 2 months · Copy of last two years Federal Tax Returns · Copy of last two months bank statements all pages Each loan is different so there may be other things you may need. Prove your home’s value Have supporting data to prove your home’s value, if you have upgraded your home Make sure you provide a list of upgrades and updates completed to your appraiser. Never assume the appraiser will recognize what has been done. Be prepared to go room By room with them and explain what you have done if necessary. Time your refinance Try to time your refinance around a recent good sale in the neighborhood. If you see a home That is like your home check what they have it listed or have sold it for. Residential appraisers use recent market data as comparable sales to determine property Value. A few recent similar sales in a given month can change the appraiser’s opinion of value. Do the Math, All of it Some homeowners might follow a conventional wisdom, which says a homeowner Should never consider refinancing unless the new interest rate is 1% lower than the Current rate- assuming the borrower pays closing costs. But every situation is special, And a homeowner has to figure out what makes sense in that particular situation, that Includes calculating how long it will take to recover the closing cost in the new interest Rate. Most of the times there is no recovery time if you take advantage of the no cost loans. It makes far more sense to accept a slightly higher new rate and have the lender pay the closing Costs. Suppose a client could get a 3.25% rate if they pay the closing cost and a some buy down (discount)points to the lender over 30 years she would benefit from this loan by paying her cost 1 time. Whereas the same client can take 3.5% and have the lender pay all her closing cost. On a $400,000 Loan the quarter percent savings would be about a $2000.00 savings in the first year The only cost to the Homeowner is the time it takes to provide documents and attend the closing. Take a Shorter term loan Now may be a chance to shorten the length of mortgage, and as a result, potentially you Could save tens of thousands of dollars in interest over the life of your loan. Homeowners May be able to refinance into a shorter term at a lower rate and pay off the loan 5 to 10 years Earlier with just a small increase in monthly payment, if any. Consider the What-Ifs Sure you may think you are going to live in this house for a long time but, what if You want to move in five years? What about 10 years? There is going to be a cost involved. How long will it take for your monthly savings to add up to that cost? If it will take 5 years What are the odds you will still be in the home? Consider two particular what-ifs when deciding whether to refinance: What if you wait and rates Get worse? What if you get a loan now and rates get better? Which scenario has worse ramifications? If you wait and rates get worse to a point where a refinance is not worth it, you will save nothing. If you refinance and rates get better, you still did something positive and saved you money. The only Thing guaranteed with interest rates is that nothing is guaranteed. ...read more
By Sovereign Lending Group Incorporated January 23, 2013
Are you looking to buy a house? When you go to look at houses, you will quickly see that realtors do not use street addresses as a method of identifying houses. They use an MLS number which allows them to quickly access information about a property for sale. Using a street address gives you some infor... ...read more
Finding the perfect place for your business can take a great deal of time and research. You may want to lease a building rather than rent it. Leasing a building helps you build equity in the building. Depending on your location, commercial property may be listed for lease differently than traditional ... ...read more
