As a prospective home buyer, you have many options in your search to find an affordable home. One of those options today is the purchase of a home that has been foreclosed and is currently owned by Fannie Mae. We provide the following questions and answers to help you in your search. What types of [...]
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Mortgage Rates Plummet Good News For You
La Habra – Hacienda Heights 30-Year Mortgage Rates Fell in Latest Week: Zillow Published: Tuesday, 31 Aug 2010 | 5:01 PM ET By: Reuters Interest rates on 30-year fixed-rate mortgages fell in the latest week, real estate website Zillow.com said on Tuesday. Low rates on mortgages should continue to boost home loan refinancing activity and [...]
Lowest Drop in Mortgage Rates in 50 Years
Yorba Linda La Habra Fullerton Brea Placentia Hacienda Heights Rowland Heights Diamond Bar Mortgage Rates Drop to Lowest Rate in 50 Years By: AP Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes. Mortgage company Freddie Mac said Thursday the [...]
Mortage Rates at All Time Lows
Yorba Linda La Habra Fullerton Brea Placentia Hacienda Heights Rowland Heights Diamond Bar Mortgage Rates Hit an All-Time Low Average interest on a 30-year fixed mortgage fell to an all-time low of 4.69 percent this week, down from 4.75 percent a week ago, reports Freddie Mac. Although rates have held below 5 percent since early [...]
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2010 Tax Credit for New Home / First-Time Buyer (update)
Yorba Linda La Habra Fullerton Placentia Brea Hacienda Heights Rowland Heights Diamond Bar New Home/First-Time Buyer California Tax Credit Important Update (05/13/10): The 2010 New Home Credit and First-Time Buyer Credit begins May 1, 2010. FROM THE STATE OF CALIFORNIA – FRANCHISE TAX BOARD Fax delays Due to the high volume of faxes we are [...]
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Housing Prices Have Risen?
More Incremental Gains for Southland Real Estate Market April 13, 2010 Sales Volume Median Price All homes Mar-09 Mar-10 %Chng Mar-09 Mar-10 %Chng Los Angeles 5,971 6,747 13.0% $300,000 $329,000 9.7% Orange 2,433 2,652 9.0% $385,000 $432,000 12.2% Riverside 4,409 4,156 -5.7% $187,000 $198,000 5.9% San Bernardino 2,897 2,955 2.0% $150,000 $152,000 1.3% San Diego [...]
How to Get the Extended Home Buyer Tax Credit
How to Get the Extended Home Buyer Tax Credit You’ve decided to purchase a home and take advantage of the Extended Home Buyer Tax Credit. Here’s what you have to do to get your benefit: 1. Close on your home purchase between November 7, 2009 and April 30, 2010, or have a binding written contract [...]
California gov signs homebuyer tax credit bill – CNBC
New California $10,000 Tax Credit for Home Buyers If you purchase a principal residence between May 1st, 2010 and Dec. 31st 2010 and close escrow by Aug. 1st 2011, you will be eligible for a $10,000 tax credit from the state of California. Read the Full Story Below California gov signs homebuyer tax credit bill [...]
New California $10,000 Tax Credit for Home Buyers
New California $10,000 Tax Credit for Home Buyers If you purchase a principal residence between May 1st, 2010 and Dec. 31st 2010 and close escrow by Aug. 1st 2011, you will be eligible for a $10,000 tax credit from the state of California. March 25, 2010 Dear C.A.R. Member: I’m gratified to report that late [...]
Do you want to buy foreclosures at an auction?
If you’re among the many looking to buy foreclosures at auction, don’t have any fear the decline in filings over the past several months will rob you of your chance at a fabulous buy. Home foreclosure filings declined steadily from August through November 2009, but were still significantly higher than they were a year ago, [...]
Homebyuer Tax Credit Extended
Now the homebuyer tax credit is a true credit. That means it reduces your tax bill dollar-for-dollar and in this case, could get you a refund if your IRS bill is zero. The credit amount was increased to $8,000. It’s not limited to strictly first-time buyers. Homeowners who’ve lived in their residences for a while [...]
FHA and Fannie – Pushing Foreclosure Sales
FHA and Fannie - Pushing Foreclosure Sales Starting today home “Flippers” are now welcome at the FHA. That’s right, with a glut of foreclosures plaguing the nation’s neighborhoods, the FHA is temporarily removing restrictions on investors who buy and sell homes within 90 days. It’s just for one year… Click Here to Read the Full [...]
Bargain Hunters Listen Up – A Jump in Foreclosures in 2010 Mean Opportunities
Bargain Hunters Listen Up – A Jump in Foreclosures in 2010 Mean Opportunities. As foreclosures increase so will the available housing and the bargains for those home buyers.
