Posts tagged as:

California

Three Reasons Why Home Price May Drop in 2010

Is it possible that Home Price could drop in 2010?
Let me start by saying that this is NOT a prediction or a statement of fact, I just want to raise some very interesting points and I would like to engage in a conversation with you about it.
Home prices are driven by supply and demand. Whether [...]

8 comments Read the rest of this Article -->

Governor Talks up $10,000 Homebuyer Tax Credit in Bakersfield – Tuesday, February 16th 2010

by Scott Schang February 17, 2010 Tax Credits

Governor Schwarzenegger’s Tuesday speech in Bakersfield, CA focuses on his proposed $10,000 Homebuyer Tax Credit
Well, he’s hitting the road again with some pretty hard hitting talk about making the $10,000 homebuyer tax credit a reality for potentially 20,000 California home buyers.
Following is the video posted on the Governor’s website as well as all of the [...]

0 comments Read the rest of this Article -->

Governor Holds Press Conference to Highlight $10,000 Homebuyer Tax Credit

by Scott Schang January 17, 2010 Market Updates

Fresno, CA January 14th, 2009 – Making the Case for Stimulating California’s Housing Market

If you’re like me and don’t want to sit through 20 minutes of political hyperbole, here’s a summary of the above speech. Plus, I can’t stop thinking he’s going to say “Come with me if you want to live”….I dunno, too much [...]

19 comments Read the rest of this Article -->

Governor tries to revive State of California $10,000 Homebuyer Tax Credit

by Scott Schang January 11, 2010 Market Updates

Governor Schwarzenegger announced on January 7th that he would like to extend the $10,000 homebuyer tax credit to Californians as part of a job stimulation strategy.
Unlike the last $10,000 California Tax Credit, this time around it will be available for the purchase of new construction or existing homes. This is GREAT news for California Homebuyers.
The [...]

5 comments Read the rest of this Article -->

Dream Home Finder

by Scott Schang December 7, 2009 Uncategorized

There are so many sites on the internet that list homes for sale. Most of these sites require that you enter your name and email address to get “details” about the home.
Often times this results in you getting unwanted phone calls or emails from a Real Estate Agent trying to get your business.
When you complete [...]

2 comments Read the rest of this Article -->

Find Downpayment Assistance

by Scott Schang December 7, 2009 Market Updates

Downpayment Assistance is a valuable help for home buyers looking to purchase your first home. Many Cities, Counties and even the State of California have down payment, closing cost assistance or both.
The challenge is, they are very difficult to find, funding is usually exhausted very quickly and the qualifications are different depending on where you’re [...]

0 comments Read the rest of this Article -->

CalPERS Pension Mismanagement and Fraud – Will it affect Home Buyers?

by Scott Schang December 1, 2009 Loan Programs

CalPERS has been in the news quite a bit lately, and not much of it is flattering. They say all news is good news? Not if your your pension fund management is corrupt and wrought with fraudulent activity.
Some of the more recent headlines talk about these challenges:
CalPERS investigates oversight of two outside hedge fund advisors [...]

0 comments Read the rest of this Article -->

Slide Show: UPDATED – A Complete Guide to the CalPERS Home Loan Benefit

by Scott Schang November 16, 2009 Down Payment Help

The California Public Employees Retirement System offers a special home purchase loan benefit to it’s members.
This presentation outlines the benefits and details of this special benefit that features a down payment assistance program that allows up to 102% total financing.
The CalPERS loan can also be used with the CalHFA CHDAP closing cost and down payment [...]

0 comments Read the rest of this Article -->

Slide Show: A Complete Guide to CalHFA First Time Homebuyer Programs – Cal30 & CHDAP

by Scott Schang November 16, 2009 Down Payment Help

The California Housing Finance Agency recently introduced two new first time homebuyer programs.
The Cal30 is a fixed rate, low cost loan program, CHDAP is a 3% down payment assistance or closing cost assistance loan program.
These are the slides from the online webinar, please feel free to contact us for questions or more information
A Complete Guide [...]

0 comments Read the rest of this Article -->

Governor Schwarzenegger Signs Mortgage Protection Legislation

by Scott Schang October 19, 2009 Market Updates

PRESS RELEASE: 10/12/2009 GAAS:615:09 FOR IMMEDIATE RELEASE
(This is a reprint of a press release by the Office of the Governor – You can find the original press release here)

To help prevent California homeowners and homebuyers from being negatively impacted by the fraudulent mortgage practices that have arisen in the aftermath of the national foreclosure crisis, Governor Arnold [...]