Service Members and Families Can Still Claim The $8,000 Homebuyer Tax Credit in the Bay Area

Service Members and Families Can Still Claim The $8,000 Homebuyer Tax Credit in the Bay Area

For certain members of the military, and for certain federal employees, there's just 2 months remaining to get use the federal home buyer tax credit. Eligible persons include members of the uniformed services, members of the Foreign Service, and intelligence community employees who served at least … [Read more...]

Tax Credit is still available to eligible Veterans-

Tax Credit is still available to eligible Veterans-

As Veteran’s Day passed last week, we need to continue thank those who have served our country AND to remind everyone out there is that eligible Veterans are STILL able to take advantage of the Federal Tax Credits that expired for the rest of the country a few months back. Eligible First Time Home … [Read more...]

How to get up to $18,000 in State and Federal Tax Credits for Buying a Home in the East Bay Area.

How to get up to $18,000 in State and Federal Tax Credits for Buying a Home in the East Bay Area.

For a very limited time, certain East bay first time home buyers will benefit from up to $18,000 in tax credits. Not a first time buyer? You may still be eligible for up to $16,500 in combined tax credits. The deal is that you need to be in escrow by the end of April 2010 and close escrow by the … [Read more...]

California ups home buyer tax credit

California ups home buyer tax credit

News from the Cyberhomes blog that could impact you if buying a home or assisting your client in a purchase. California’s real estate market may again become golden for some home buyers now that Gov. Arnold Schwarzenegger has proposed up to a $10,000 tax credit for those who purchase new or … [Read more...]

$8,000 Tax credit back on the table to buy a home for first time home buyers-

$8,000 Tax credit back on the table to buy a home for first time home buyers-

This article best explains the new changes of borrowing against your $8,000 tax credit to buy a home if youre a first time home buyer. HUD Clarifies Tax Credits Borrowers still need 3.5% of own funds May 29, 2009 By MortgageDaily.com staff The U.S. Department of Housing and Urban Development has … [Read more...]

Feds reverse rule to assist first-time home buyers downpayment assistance

Feds reverse rule to assist first-time home buyers downpayment assistance

Federal officials on Monday reversed an earlier decision to allow first-time home buyers to use an $8,000 tax credit to borrow the down payment on a home. A week earlier, U.S. Department of Housing and Urban Development Secretary Shaun Donovan had told the National Association of Home Builders that … [Read more...]

8,000 Reasons to Buy a First Home

First-time home buyers who purchase a home before December 1, 2009 may be eligible to take advantage of an $8,000 tax credit as part of the American Recovery and Reinvestment Act of 2009.  Qualifying first-time home buyers may claim a tax credit of ten percent of the purchase price, up to $8,000, or … [Read more...]

Expansion of First-time Home Buyer Tax Credit for the Bay Area's home buyers-

Recessions hit us all differently.  Al Capone once complained that hard times forced him to lay off 4 judges and 2 Congressmen. In this case the rescission is benefiting you if you're a first time home buyer. The Stimulus package that was recently signed by President Obama did include tax credits … [Read more...]

East Bay Mortgage Market Update-

Warren Buffett is known as the Oracle of Omaha, but Pimco's Bill Gross is known as the Sage of the Bond Market.  His insight is typically accurate, and today he confirmed what many had been expecting: mortgage rates should be dropping to 4.5%.  In an interview on CNBC, Gross noted: "I think at some … [Read more...]

San Francisco proposes subsidy program to encourage solar panel installation

San Francisco proposes subsidy program to encourage solar panel installation

Homeowners who choose to install Solar Panels get help from the City of San Francisco in new subsidy program that was proposed on Tuesday. Some experts say the effort is groundbreaking and, if implemented, could be the nation's biggest such program. The proposed subsidy would be $3,000 and $5,000 … [Read more...]