Buying a home is very attractive right now with the low, competitive interest rates – 5% – 6% (since they change daily, please check with your favorite lender or contact me for my favorite recommendations); lower home prices including foreclosures; and if that isn’t enough, check out the Federal & State of California incentive programs. NOTE: When the monies allocated for these programs are gone…the program is gone, so be sure to check on the appropriate sites for updates.
If you’ve been thinking about buying your first home, or make your first home purchase since 3+ years ago…This is your year! Interest rates are hovering 5% in many cases, and prices are down – the Federal government has a temporary tax credit available for sales completed Jan. 1, 2009 through the end of December 2009. It is equal to 10% of the purchase price, with a maximum credit of $8,000. It’s important to note that there are guidelines for this program which you will find on their site.
The State of California wants you to focus on New Housing for their incentive program with a $10,000 possible tax credit on the purchase of a property never lived in. Their money is going quickly – so if you are seriously considering taking advantage of this opportunity – follow their updates daily, and let me help you find that new home!
Terms and guidelines for each of these programs are different,
so as always, be sure to seek the advice & confirmation of
the details from your tax/legal advisor.
If you would like to explore these programs or have a real estate need or interest, I can easily be found - I look forward to hearing from you and keeping in touch.
Remember, my business is based on your referrals,
which I greatly appreciate.
Posted by itsroz 
