by Ted Mackel on August 24, 2010
Short Sale Buyer Contract deal points can make or break a short sale. In this video blog I go over the Short Sale Addendum for a quick overview of the form and some commentary on how it can help protect the buyer in the transaction. Thanks for reading Simi Valley’s Premiere Real Estate Blog! Author [...]
by Ted Mackel on August 18, 2010
Simi Valley Home Buyers, if you are out shopping for a home and are going to use FHA financing it is important to make sure you get your FHA case number before October 4th, 2010 as the FHA Premium goes up after this date. John Yang independent mortgage broker and author of the Mortgage Video [...]
by Ted Mackel on April 11, 2010
Federal and California tax credits were created to lure home buyers into the market. Simi Valley home buyers have a small window of opportunity to take advantage of both tax credits and double-dip the system. The federal first-time home buyer tax credit of $8000 is set to expire April 30. More specifically, home buyers qualify [...]
by Ted Mackel on November 24, 2009
Simi Valley California home sales were down in October 2009. This is very interesting in that the market has been pushed in a positive direction by the first-time home buyers tax credit. In September and October buyers knew that the tax credit was scheduled to expire on November 30, this should have reflected in an [...]
by Ted Mackel on November 5, 2009
That’s right Simi Valley home buyers, the tax credit is waiting for Obama’s signature. The tax credit legislation passed the House today in a 403 to 12 vote. The Senate vote was 98 to zero. This time around there a few additions, these are pointed out in my video blog below. One thing I did [...]
by Ted Mackel on March 25, 2009
1st Time Home Buyer Tax Credits Explained for Simi Valley Home Buyers The Details are out!!! 1. There are income limitations for the purchasers, $75,000 for an individual or $150,000 for a couple. Partial credits may be available if you exceed the maximum income limits. 2. The Tax credit is for 10% of the home’s value, [...]