Tue10212014

Business & Real Estate

Delay Social Security? An easy way to decide

One of the most heatedly debated questions regarding Social Security is when to start.

You have the option of initiating benefits as early as age 62 or as late as age 70. The longer you wait, the larger the monthly payment you will receive over your lifetime.

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Stock market hits worrisome stage

October is traditionally the stock market’s most volatile month.

Last week proved a wild ride for investors as the Dow Jones industrial average experienced its biggest drop of the year. The 334-point decrease came after the Dow celebrated its largest gain of the year. By noon Friday, the market regained some stability.

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Los Altos-based Beepi raises $60 million in funding


Courtesy of Beepi
The Los Altos startup Beepi generated another round of investor funding.

Los Altos-based startup Beepi recently raised $60 million in Series B funding.

Founded by CEO Ale Resnik and COO Owen Savir, Beepi offers a peer-to-peer marketplace to sell and buy cars online. Among other services, the company offers prospective car buyers on-the-spot preapproval for loans. Buyers can also pay for purchased vehicles in a variety of ways, including bank transfer, cashier’s check, credit card and even bitcoin. The company has offices at 5050 El Camino Real, Suite 116, in Los Altos.

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Realtors share safety tips with sellers

Many hearts in the realtor community remain heavy as they mourn the recent loss of one of their own.

Arkansas real estate agent Beverly Carter was found dead a few days after she went missing following a home showing. A suspect in Carter’s disappearance who admitted to her kidnapping has been arrested.

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2013 personal income tax filing deadline today

Today is the deadline for taxpayers to file 2013 state personal income tax returns without penalties, according to the California Franchise Tax Board (FTB).

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Transactions

Los Altos

872 Clinton Road, Chesnut Trust to Y. Zhang for $1,908,000

15 Deep Well Lane, Tierney Trust to Kendall Trust for $2,300,000

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The importance of walking through the real estate buying process

The proliferation of information about real estate on the Internet is staggering. In fact, research shows that most buyers today go to the Web first in their search for a home.

A realtor still brings value to the transaction. Real estate websites may be able to give buyers basic information on homes for sale, but they cannot replace the knowledge, expertise and insight that the realtor can give a buyer.

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