There are exactly 65 days left to qualify for the $8000 First Time Buyer’s Credit. You must be in contract by April 30,2010 and close escrow by June 30th. You can buy a home up to $800,000 and have an income as high as $225,000 for a couple or $125,000 for a single person. We have homes to show you, so why aren’t you looking? Seriously. This price range is hot, hot, hot and we are seeing multiple offers, once again, which means you must be out looking every weekend.
The Department of Housing and Urban Development (HUD) announced Friday its plan to allow first time home buyers who qualify for the federal income tax credit to get the money advanced to pay closing costs and additional down payment. Buyers must use an FHA approved lender, like Mortgage California, and be able to put down…Read More »
San Mateo lender, Chris Williamson is contributing today’s lending tip. The government gave many first time buyers a gift this week and here’s the scoop… Under the current Federal Stimulus Bill signed into law in February, Congress approved an $8,000 first time home buyer dollar for dollar tax credit. Until recently, this credit was not…Read More »