Donovan Blatt Realty

California Short Sale Sellers May Face Big Tax Bills if the Legislature Can't Get on the Ball   When selling a home as a short sale, there can be both legal and tax consequences to the seller. If the bank forgives debt, the seller will get a 1099 from the…

California Refuses all Bids on the Orange County Fairgrounds   A decision has been made by the State not to accept any of the seven bids made for the Orange County Fairgrounds.  The highest bid was approximately one-third of the estimated value of the Fairgrounds, and the State feels this…

Huntington Beach Real Estate Minute - Huntington Beach Market Report Huntington Beach well known as “Surf City USA” with its excellent surfing has 8.5 miles of beaches and over 200,000 residents with 11 million visitors annually coming to see events such as the US Open of Surfing, the Surf City…

Costa Mesa Real Estate News - Costa Mesa Market Report Originally no more than a way station built by Spanish missionaries, Costa Mesa's first real estate development occurred in the 1880s. This failed to prosper, but Costa Mesa Long time residents may remember when the area was called Fairview and…

Costa Mesa Real Estate News - Central Costa Mesa Homes Report Central Costa Mesa is an area of the city, triangular in shape, which is bordered by Harbor Boulevard, Baker Street and Newport Boulevard/ the 55 Freeway. The Market Report for Central Costa Mesa Homes is below:Based upon general definitions,…