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home buyer tax credit: Good News! Good Bay Area Real Estate News! - 03/27/10 08:25 PM
A lot of positive bills, thoughts and activities have been happening on the Bay Area Real Estate Front. I have been trying to write this for a while. Each time I sit down to write there is more I have to add to it. That is a good problem. So exciting!  Enjoy the Good News.
Home Buyer's Delight You can still get the federal Home buyer credit of $8000 for the first time buyer or $6500 for the move up buyer. You must be in contract by the end of April and close by the end of June. For additional information: … (0 comments)

home buyer tax credit: An Open Letter To Potential Home Buyer and Fence Sitter - 01/15/10 12:59 AM
Dear Home Buyer and Fence Sitter,
The window of opportunity is closing. Let me explain my thoughts. Prices in the Bay Area are already inching up, same with interest rates. The time to receive the Federal Tax Credit of $8000 or $6500 is rapidly approaching. (Must be in contract by April 30, 2010) FHA is talking about increasing the minimum required down payment and or increasing the cost of required mortgage insurance.


You can purchase a home today and your costs will be fixed for the next 30 years. What else can you buy and maintain the same cost … (1 comments)

home buyer tax credit: It's Working and Working Well!!! - 12/27/09 01:10 PM
You might ask, what is working and working well. I am speaking about the $8000 Home Buying Credit. A recent home buyer brought up the $8000 credit and told me that was the motivating factor for him and his wife purchasing a home. The termination date creates urgency and action. Low prices are motivating but not the cause of action. Many think they can time the market. Good Luck to them. People in the business think the lowest interest rates in 40 years should be creating urgency. It certainly makes people think but low rates is all many of these young … (2 comments)

home buyer tax credit: Every Negative Has a Positive!!! - 03/26/09 09:15 PM
Every Negative Has a PositivePositives of This Economy
•1.     Bay Area Housing Affordability has gone from 16% to 38%
•2.     Debt of Americans is Decreasing.
•3.     A Large Increase in People Volunteering.
•4.     A Large increase in Military Enrollment.
•5.     First Time Home Buyers can get an $8000 Tax Credit.
•6.     Buyers of California New Homes can get a $10,000 State Tax Credit.
•7.     People are able to modify or refinance their loans to an affordable payment.
•8.     Businesses have the opportunity to clean up their books and start fresh.
•9.     Great Opportunity to Purchase a new car or any other … (0 comments)

home buyer tax credit: Top 10 Reasons to Purchase Bay Area Real Estate - 03/02/09 12:39 AM
Top 10 Reasons to Purchase Bay Area Real Estate in Today's Market
•1.      Interest Rates are near 40 year lows.  You can lock in your housing costs for the next 30 years if you buy not if you rent. 
•2.      Property Values are at 5 year lows. Some areas have declined in value as much as 60%. Bay Area Real Estate has a long history of recovering and appreciating.
•3.      There is a large inventory of homes to choose from with Motivated Sellers.  Individual owners and banks selling today must sell. 
•4.      Getting a loan today is not difficult.  … (0 comments)

home buyer tax credit: Housing Stimulus Package -An Open Letter to Poloiticians - 02/09/09 09:46 PM
To Congress Woman Jackie Spier, Senator Diane Feinstein, and Senator Boxer
 
I am a local realtor specializing in San Mateo and San Francisco Counties Real Estate.   I do not think the $15,000 Home Buyer Tax Credit in Economic Stimulus Package is making best use of the tax payers money. 
First and Foremost to stop and slow down the hemorrhaging of the Real Estate market we must try to limit foreclosures, short sales and strive to keep the homeowner in the home.  A very common situation is a homeowner with a $700,000 mortgage on a home with a $500,000 value … (0 comments)

home buyer tax credit: Housing Stimulus Package I don't Think So - 08/24/08 02:42 PM
 Part of the recent Housing Stimulus package is a much publicized First Time Home Buyer Credit!   It is not a credit.  It is 15 year Interest FREE loan.  Gotta take anything For Free.  This applies to any home purchased between April 8, 2008 and July 1, 2009.  How and why they picked those dates; don't ask me.   
 To qualify you must not have owned a home in the last 3 years.  The credit is 10% of your home purchase up to $7500. (Half for married filing separately)  It is applied to your 2008 federal income tax and if you don't owe … (2 comments)

 

Lee Ginsburg

San Bruno, CA

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Prudential Ca. Realty

Address: 180 El Camino Real, San Bruno, Ca, 94066

Office Phone: (650) 358-3959

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