California New Home Tax Credit
There is a bit of a buzz going round the office and FaceBook about the new home buyer tax credit. Some people think you qualify if you buy a resale home some people are getting it confused with the federal tax credit for first time home buyers and most recently the credit for move up buyers or how we say in the office…..Buyers 
Well here is a handy dandy little link to the California New Home Tax Credit, which should clear everything up. Oh don’t go to the link until after 5:00 pm today California time, they are some busy people at the State Franchise Tax Board.
Kelly…
Be proactive. Before it’s too late
The time is now to be proactive, more than ever before. If you’re having trouble making your mortgage payments, then contact your bank (if they haven’t already contacted you) to make “arrangements”. The government has given the banks the directive to work with their borrowers and not just skip to the final step (foreclosure). These directives have come in the form of “loan modifications” and “short sales”. I know I know, you’ve all heard the stories that these take for ever and they never get closed. That was true in the past but most (not all) of the banks have actually hired and trained people to handle these transactions now. And the banks are calling on their delinquent borrowers and getting the process started so when you do get a buyer for your home (should you decide to sell), the process is well under way. The one thing I caution homeowners about is using one of the banks “suggested” real estate agents. You have no history with them and this is where you need to say “thanks” but “no thanks”. Call your REALTOR and keep control of the process. Someone you know and trust. If you don’t know a real estate professional personally, ask a friend, relative, or neighbor. It’s good to get a referral so you can rely on their knowledge and expertise. Don’t go into the short sale process blindly. Please contact either one of us if you have any questions on this complex subject.
wallace…
Selling your home at the highest price in a stinky economy…
Well, I have to say that if you are an actual “REAL” seller, meaning not a bank or a short sale, you know someone with equity and their name on the deed? Here are a few tips to help you get your home sold quickly and at the highest possible price that your market will allow. Clean, Clean, Clean and when you think you’ve cleaned everything clean some more. Look at the front of the home with a discerning eye and fix that loose fence board or replace that rusted out light fixture. Freshen up the front door with a new coat of paint or varnish, plant some flowers and inside get rid of that smell. And after all that if your home has not sold in the time you allotted and at the price you had hoped, Guess what? You hoped too high…. Reduce the price.
Kelly…
Happy St. Patrick’s Day!!!
Happy St. Patrick’s Day, Celebrate Responsibly….
Going Green
How many knew or know or remember that there is a tax credit for those homeowners who turn their homes into a more energy efficient home? Check this out…
Kelly…
