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 [...]

$180,000 in Quailridge

Move in ready home features newer roof, newer flooring, vaulted ceilings, gas fireplace, large kitchen, 2 covered patios, a must see in Quailridge. – NOW PENDING – .

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 [...]

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

More details on CHF Access

As close to 100% financing as we are likely to see again the CHF Access 99.5% home buyer financing opens the door to home ownership for many who earn sufficient income to make a monthly mortgage payment but have inadequate funds for a traditional down payment. The program has set aside $5,000,000 to fund second loans which bridge the gap between FHA [...]

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