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Information and commentary to keep buyers and sellers up on the Southern California and Long Beach area real estate.
Recent Posts Tagged With 'first-time buyer programs'
Extension of $8000 Tax Credit--Now Also $6500 for Repeat Buyers
The United States Senate passed a resolution on October 29th to extend the $8,000 first-time homebuyer tax credit originally set to expire on November 30. Once the Senate officially votes on the bill it will move to the House of Representatives, whic...
The Cost of Waiting to Buy Revisited
Six months ago (they've passed quickly), I covered this topic via an article by Pat Zaby complete with payment scenario.Last week's upset in the Treasury bond market , a more complex subject, ultimately sent mortgage interest rates up, with higher p...
$8,000 Tax Credit is Once Again a Help With Costs for 1st Time Buyers
There has been much confusion in the past several weeks about using the credit for a down payment, as HUD announced a tax credit but then rescinded the offer. Now, the latest information from HUD (May 29th) is now that the $8000 tax credit for FHA b...
First Time Buyers: $8,000 Credit May be Used as an FHA Loan Down Payment
First-time homebuyers: Get the fast road to your $8,000 tax credit. Shaun Donovan, secretary of Housing and Urban Development (HUD) announced on May 12 that Federal Housing Administration (FHA) will allow its FHA lenders to allow homeowners to use th...
Free Southern California Home Buyer's Fair this weekend April 18th
Bulletin just in:Thousands of potential home buyers are expected to converge this weekend for the Southern California Home Buyer’s Fair at the Los Angeles Convention Center in downtown Los Angeles. Sponsored by California Association of Realtors an...
First Time Buyer Programs in 2009
The timing is right, and financial opportunity is here, ... in the form of buyer programs, they are also called mortgage assistance programs.A basic requirement is that the buyer be a "first-time buyer". If you haven't owned any property in a long ti...
