Real Estate Information Archive

Here's some exciting news...

California Lawmakers have voted to extend a $10,000 tax credit for first-time homebuyers.

The credit will apply to first time buyers who purchase new or existing homes between May 1st and Dec 31st of this year.  ( the current buyer's tax credit ends 4/30/10)  

It is for 5% of the purchase price, or up to $10,000.

The bill received bipartisan support in the Assembly and Semate on Monday and will be sent to Gov. Schwarzenegger, who stopped in Salinas last monday to discuss extending the home buyer's tax credit.  Gov. said " We need to inspire people to buy home, the tax credit does that"

This should help the struggling housing market to stabilize and stem the downward slide of property values.

For more information you can go to :

http://www.kcra.com/money/22914818/detail.html  

BUYING FORECLOSED PROPERTIES

FREE SEMINAR ON BUYING REO'S - INVITE YOUR FRIENDS, REALTORS, LENDER...

This forum will focus on: 

!   How to best structure offers for consideration. 

!   Identifying the deal makers and deal breakers involved with every offer. 

!  Reviewing the state of the REO market. 

Hear from Prospect’s REO expert, SVP of Financing Ivan Choi and a panel of our top REO Listing Agents - Steve Goldbaum of The Gold Team will be one of the speakers for the agent / panel.

who will speak to BUYERS about the secrets of the deal.  Our speakers will teach you how to navigate the REO 

process and buy an REO property!  

Saturday, March 20 

8:00am – 9:30am 

9:30am - 11:00am 

Airtel Plaza Hotel     

7277 Valjean Avenue 

Van Nuys, California  91406 

(818) 997-7676   

Self-parking available 

Contact Delmis Flores at (818) 742-3200 ext. 4857