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Thanks to the new California first time homebuyer tax credit that governor Schwarzenegger signed into law, first time homebuyers can qualify for a state tax credit of 5% of their purchase price, up to $10, 000.  Because the federal tax credit expires at the end of April 2010, if you enter into a purchase contract before the end of April, and close the esrow after May 1, you can receive the fe...

This is just a reminder that the $8, 000 tax credit, awarded to first time home buyers, expires soon on April 30, 2010.  This means that the signed purchase agreement for your California real estate needs to be dated no later than April 30, and the escrow needs to close by June 30.  This type of free money from the government may not be extended again, so if you are thinking about purcha...

I want to take this time to thank all of my readers, past clients, and current clients, for a memorable 2009. It sure seemed like one heck of a tough year for everyone.  2009 was marked with dramatic changes in the real estate and mortgage industries, but also in the political and economic landscapes as well.  Many of you took advantage of the opportunities in this market, and bought or ...