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 But Wait... "It's Alive..." - California Tax Credit for First Time and New Construction Homebuyers still Available. Governor Schwarzenegger today signed AB 183 providing $200 million for home buyer tax credits. The bill allocates $100 million for qualified first-time home buyers who purchase existing homes and $100 million for purchasers of new, or previously unoccupied, homes...

What’s ahead for home prices? California remains ahead of the nation in market recovery with many first-time home buyers entering the market due to affordable home prices, low mortgage rates, and first-time home buyer tax credits from the state and federal governments.  However, credit still is tight and unemployment remains high, which could hinder a full market recovery until 2011...

7 Short Sale Myths - These ideas are potentially harmful to homeowners seeking real solutions. I hope you’ll review this information for yourself or share it with a homeowner in need.  In these times, we all need to know the truth to know how to get back on track... 

 Getting a loan is harder, but it’s not impossible.  In light of the current situation with the credit market, obtaining financing has become more difficult than in previous years. Because of this, some consumers incorrectly assume that it is impossible to qualify for a mortgage loan, auto loan, or other financing. However, consumers who have good credit should remain optimistic about their loan choices.  And consumers with less than stellar credit can quickly and easily become attractive candidates in the eyes of lenders too...

 Five Big Home Loan Modification Mistakes.  As the housing crisis continues to build momentum across the country, successful home loan modifications are the only course of action standing between homeowners' ability to stay in their homes and being forced to move due to a foreclosure. If events leading to a foreclosure are unfolding quickly, a modification becomes a one shot chance that must be done correctly and as efficiently as possible. The following are the five big mistakes homeowners commonly make which can slow the process to a crawl or result in non-approval. They are...



 
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