Posts belonging to Category Homebuyer Headlines

New Guidelines for C4HAP

This just in from COR housing 1)         C4HAP applicant receives an eligibility letter 2)         They find a house 3)         The realtor makes an offer with language that the purchase price shall be contingent on the appraised value of the property.  Per the regulations, the purchase price must be 1% below the appraised value.  The County [...]

DAP UPDATE and C4 HAP Program

If your following local housing news you might be hearing allot about the C4-HAP program. The C4-HAP program is designed to assist qualified buyers purchase bank owned properties in specific census tracts. Tracts include Anderson Heights and Ravenwood in Anderson, all of Shasta Lake City and the following census tracts in the City of Redding [...]

00′s getting a bad rap? Decade in Review

If you caught any of the year in review shows on TV or radio or read the paper you couldn’t help but notice the overwhelming focus on a decade lost to a financial meltdown.  Could it be the 00′s  are getting a bad rap? I came across an article in the Union Tribune that took a [...]

Fighting Climate Change with Free Stuff

Perhaps we can’t all go to Copenhagen to work on climate change issues but there is something we can do here at home and it’s free. If you know anyone with a low/mid income or who receives assistance such as SSI or Medi-Cal and lives in a home with PG&E gas or electric service let them know [...]

Real Living in Redding

Buying or selling your home? It’s got to be real. Real Estate Done Your Way. Real Living Merges with GMAC Real Estate

The President Signs Tax Credit Bill

President Obama is set to sign the home buyer tax credit bill today at a White House signing ceremony.  The extension is part of a larger stimulus bill that received overwhelming bipartisan support in Congress.

No Time to Lose

The House voted 403-12 today to extend and expand the tax credit to include many buyers who already own homes. The Senate passed this by a 98-0 vote yesterday and President Obama is expected to sign asap. $8,000 for first-time homebuyers $6,500 for move-up homebuyers Must be in contract by April 30, 2010 and close [...]

Senate OK’s Homebuyer Tax Credit 98-0

The senate votes to extend and expand 1st time home buyer tax credit to include $8,000 for first-time buyers and $6,500 for move-up buyers. The House is expected to follow and President Obama to sign in a matter of days. Source: LA Times

Home Buyer Tax Credit Extension Likely

News coming from Washington is that the first-time homebuyer tax credit will be extended and expanded to include move-up buyers who have been in their homes at least 5 years. More at Forbes.com

Shop for best loan

One of the very most important decisions first time buyers need to make prior to buying a home is financing. Because the cost of borrowing can vary quite a bit from one lender to another buyers should start shopping for a lender early in the buying process. You should interview several lenders before deciding. Insist [...]