Short sales speed up in Sacramento-area home market Share By Hudson Sangree hsangree@sacbee.com Published: Monday, Mar. 26, 2012 - 12:00 am | Page 1A Last Modified: Monday, Mar. 26, 2012 - 8:10 am This could be the year that short sales go from maddening to mainstream. In recent months, short sales have moved faster and [...]
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 [...]
In a December press release from Trendgraphix, a Sacramento real estate reporting company, it’s reported that Short Sales are the dominate trend in our marketplace. There was another slight increase in the number of overall closed sales in the four county area of Sacramento, Placer, El Dorado and Yolo counties. Sales were up 8% from [...]
Get a mortgage before the door shuts screams a recent headline in the Wall Street Journal. Karen Blumenthal writes in the WSJ on Feb. 26, 2011, that "if you have been sitting on the fence trying to decide whether to buy a new house or refinance a mortgage, you should act soon. New loans are [...]
RISMEDIA, November 4, 2010--(MCT)--U.S. household formations are at their lowest since 1947, data from the Census Bureau show. And that's helping to keep the supply of unsold homes at near-record levels nationwide, even though relatively few houses are being added to the inventory. Between March 2009 and March 2010, the number of households rose just [...]
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 [...]