Would some coin in your pocket to use towards your closing costs help you decide to jump into the housing market. Well Home Path and Fannie Mae are ready to help. A foreclosed property can represent a great opportunity and a good value — but a HomePath property can offer even more. Some homes may qualify [...]
It's a tough market out there - have you thought about what you really want vs. what you really need? It's a good place to start.
Just read this great post on MoneyPress: Tips to find a good loan officer. It's written by Richard M. Hartian - who has many years in the business and says he's "in the process of creating a new life plan." a cool thing.... here's the article. It’s often hard to know if the person you [...]
When do I Buy A House? With everybody talking about the fact that today we have the lowest mortgage rates since the advent of steam engines, ok, maybe not that far back, it seems like if you don’t buy now you’ll miss out. You need to ask yourself – when do I buy a house? [...]
Rates are low, house prices are crazy low, but you bank account looks a little low too. How do you take advantage of the current real estate market. Get a gift for that down payment but be sure to investigate the tax rules first. Down Payment Gift a Leg Up to Home Ownership, But Know [...]
Read about the California Tax Credit on our First Time Buyer blog. Click here: http://ur1sthouseblog.com/
Find out about new incentives offered on Fannie Mae home purchases at: http://ur1sthouseblog.com/ Find out about CalHome Funds available in Sacramento at: http://sacrelender.com/ And read about the Mortgage Credit Certificate below. And it all can be combined with the Federal Homebuyer Tax Credit as long as YOU get in contract by the end of April [...]
It really is free money! The Mortgage Credit Certificate (MCC) program - administrated in Sacramento County by the Sacramento Housing and Redevelopment Agency (SHRA) - allows you to subtract 20% of your mortgage interest from your Federal Income Tax bill. Here's how it works: If you borrow $200,000 at 5% for 30 years, your payment [...]