Posts tagged as:

first time homebuyer

Federal Homebuyer Tax Credit is Expiring – Last Minute Facts You Need to Know

As the clock winds down and the deadline for the $8,000 and $6,500 federal homebuyer tax credits quickly approaches, I’ve recorded this quick (about 6 minutes) and informative video to help you get all the facts.

3 comments Read the rest of this Article -->

SOUTHERN CALIFORNIA HOME FINANCING AUTHORITY Single-Family Mortgage Revenue Bond Program For First-Time Homebuyers

by Scott Schang February 2, 2010 Down Payment Help

Broadview Mortagage Katella is pleased to announce that we are participating in a NEW first time homebuyer program available in Orange and Los Angeles Counties beginning February 2nd, 2010
ABOUT SCHFA
Southern California Home Financing Authority (SCHFA) is a joint powers authority between Los Angeles and Orange Counties formed in June 1988 to issue tax-exempt mortgage revenue [...]

0 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 -->

Neighborhood Housing Services of Orange County (NHSOC) – Orange County Housing Trust Down Payment Assistance Program

by Scott Schang November 10, 2009 Down Payment Help

The 30-year amortized loans will have an interest rate approximately 1% below the market rate for first mortgages. (Current second mortgage rate is 5%.) The OCHT will work with a variety of financial institutions to provide the first mortgages and allow additional subsidies from city, county and state government or other programs that the borrower [...]

0 comments Read the rest of this Article -->

California Housing Finance Agency (CalHFA) – First Time Home Buye

by Scott Schang November 10, 2009 Uncategorized

Program Summary
The California Housing Finance Agency offers First Time Home Buyer programs to specifically meet the needs of home buyers in the State of California. CalHFA offers first mortgages to 95% with a wide variety of down payment assistance options that results in essentially no money out of pocket for down payment and in some [...]

0 comments Read the rest of this Article -->

Why it’s important to be prepared BEFORE you hire a Lender

by Scott Schang November 5, 2009 Loan Programs

We put a lot of energy into trying to educate and empower home buyers in an effort to help folks be able to avoid being misled, misinformed or simply being treated as some lender or real estate agent’s big “Pay Day”.
Today, all that work paid off. I received this email from Sean O’ Rourke.
He was [...]

0 comments Read the rest of this Article -->

City of South San Francisco First Time Home Buyer Program

by Scott Schang October 28, 2009 Down Payment Help

First Time Homebuyer Program
The City of South San Francisco has a first time homebuyer program open to individuals and households who live or work in the City of South San Francisco. The program will provide qualified buyers a low-interest loan of up to $100,000 to purchase a BMR Home. Please note that funds for this program are [...]

0 comments Read the rest of this Article -->

Does H.R. 2801 Have a Chance? Is it Worth taking the Chance?

by Scott Schang September 1, 2009 Loan Programs

Well, this is certainly going to be a closely watched topic over the next couple of months as the deadline for the Federal $8,000 First Time Homebuyer Tax Credit reaches it expiration date.
It seems now that the mainstream media is flirting with prospect of California nearing the bottom of the market. If this is true, [...]

2 comments Read the rest of this Article -->

HR 2801: Home Ownership Moves the Economy Act of 2009 – Homebuyer Tax Credit Revision

by Scott Schang August 26, 2009 Tax Credits

We have a little bit more news about the efforts to revise and extend the Homebuyer tax credit. Let’s take a look at the Bill as it stands now and translate it into English. My notes will appear after each section and is indicated as NOTE:
You can track the progress of this BILL at GovTrack
A [...]

0 comments Read the rest of this Article -->

Federal Homebuyer Tax Credit News: $15,000 and No First Time Buyer or Income Limits?

by Scott Schang June 19, 2009 Market Updates

June 10th, 2009 – Federal Homebuyer Tax Credit News – Source: Bloomberg.com
A Non-partisan effort is being made to reintroduce a version of the federal homebuyer tax credit previously discussed but tossed out in the final version introduced with H.R.1 signed by the President earlier this year. federal tax credit, first time homebuyer, 15000, 8000, tax [...]