by countyproperties | Nov 20, 2009 | Finance, Real Estate news
A. FIRST-TIME HOMEBUYER TAX CREDIT Q 1. What, in a nutshell, is the $8,000 tax credit for first-time homebuyers under the new law? A A first-time homebuyer as defined may receive a refundable tax credit up to $8,000 for purchasing a principal...
by countyproperties | Nov 13, 2009 | Finance, Riverside foreclosure news, Riverside Short Sales, San Diego Foreclosure news, San Diego Short Sales
“¢ Industry estimates find that half of all homeowners who lose their homes to foreclosure have no contact with their loan servicers. Homeowners at risk of default or those who already are behind on mortgage payments are advised to contact their...
by countyproperties | Nov 13, 2009 | Finance
Fewer banks tightened lending standards last quarter, Federal Reserve saysFewer U.S. banks tightened lending standards for companies and consumers in the third quarter as the economy grew for the first time in more than a year, a Federal Reserve survey showed. Demand...
by countyproperties | Nov 13, 2009 | Current Affairs, Finance
TAX CREDIT EXTENDED-It’s official President Barack Obama has signed into law the The Worker, Homeownership, and Business Assistance Act of 2009 which extended the tax credit of up to $8,000 for qualified first time home buyers purchasing a principle residents...
by countyproperties | Nov 9, 2009 | Current Affairs, Finance, Real Estate news
November 9, 2009 Mr. Arnold M. Levine 3111 Camino Del Rio North, Suite 400 San Diego, CA 92108 Dear Mr. Levine, Thank you for taking the time to share with me your support for extending the home buyer tax credit. I appreciate hearing from you on this important issue....
by countyproperties | Nov 7, 2009 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Some homeowners underwater on their houses–who owe more on their mortgages than their homes are worth–wonder what would happen if they were to stop paying their mortgages. When lenders do not receive payments, the first action taken by the lender is to...