Tax Credit to First Time Home Buyers - 04/26/09 04:07 PM
$8000 Federal Tax Credit for First Time Homebuyers-2009
In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers.
The tax credit is for first-time home buyers only.
The tax credit does not have to be repaid.
The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000.
The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
Single taxpayers with incomes up to $75,000 and married couples … (0 comments)

City of LA receives Stimulus money to be given out to homebuyers soon - 04/26/09 04:04 PM
Attention First Time Homebuyers--New Program Available
Great news as there is a new down-payment assistance and rehabilitation funds available from the federal government (HUD) via the City of Los Angeles
Complete information is available at the City of LA Housing Dept website (LAHD) or on this link at http://lahd.lacity.org/nsp/PriorityFile.aspx?Type=93
This program is for homes in foreclosure within certain areas.  You can check if the property is within the map by searching on the LAHD website here http://lahd.lacity.org/nsp/.
Here is a link to the 2 page brochure summary http://lahd.lacity.org/nsp/PriorityFile.aspx?Type=94.
This program is a great program for homes which need repairs since they … (1 comments)

 
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Jason Ian Hector, REALTOR® and Short Sale Expert

Helping Homeowners with compassion and generocity

Porter Ranch, CA

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San Fernando Valley Realtor Specializing in Foreclosure and Short Sales in the Los Angeles and Ventura Counties.


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