Real Estate Information Archive

Hello Friends and Neighbors,

Some of you will be receiving a tax refund this year.  It is so tempting to look at it as “extra” money and spend it on frivolous things but here are some tips that will help you to get to a better place where you can afford to build your dreams.  Read more…

Many Stay at Home for Free as Banks Defer Evictions. Allowing borrowers to stay in their homes helps protect the bank’s investment as it negotiates with the homeowners, said Gary Kirshner, a spokesman for Chase bank, a major lender. “If the person’s in the property, there’s less chance for vandalism, and they’re probably maintaining the house,” he said. Read more...

What will this mean for you? On March 31, the Federal Reserve will stop buying mortgage-backed securities from Fannie Mae and Freddie Mac, returning control of interest rates to private investors. Read more…

Some great ideas to spend time with family and friends, read more…

Gardening with the Children. Read more...

If you’re considering purchasing a home don’t get left behind…Liv Mansfield is racing the clock, hoping to find and settle, or at least sign a purchase agreement, on a townhouse before the $6,500 tax credit for qualified repeat home buyers expires April 30, 2010. Read more…

California home buyers this is one you will not want to skip…For California homebuyers, tax time is now tax relief time too.  Thanks to two recent laws, a California homebuyer may qualify for $18,000 in tax credits for buying his or her piece of the American dream.  The two tax credits are a first-time homebuyer credit up to $8,000 under federal law, and a new home credit up to $10,000 under California law.  For more information on the tax credit laws, C.A.R.’s Legal Department has a legal article entitled Housing Stimulus Laws of 2009 which is available for members only.
To see a quick summary of the two tax credit laws, click here

Homeownership is a big step in one’s life, before you move forward let us help you make sure it’s the right move for you. The answer depends on your financial situation, your future plans, and what you hope to do for yourself and your family by buying and owning a home. Real more…