Doug Reynolds's (dougreynolds) Blog

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Real Estate Agent - Better Homes & Gardens Real Estate - Cal-BRE # 01734464

ARCHIVED BLOG POSTS

2009 

...continued from Part 1.  All informtation provided by California Association of Realtors (C.A.R.) Q 20.  What is a FICO® Score?A A FICO® score is a number representing the creditworthiness of a  person or the likelihood that person will pay his or her debts. The three credit reporting agencies,...
11/09/2009
Information provided by California Association of Realtors (C.A.R.): One of the concerns a consumer has after experiencing a bankruptcy, foreclosure, or short sale (referred to as a "preforeclosure sale" by Fannie Mae) is the ability to obtain credit to purchase another home.  Fannie Mae has upda...
11/08/2009
Feel free to email or call me with any additional questions.  I'm here to help you or any of your referrals that want to take advantage of this extended opportunity. clear skies, doug www.BuyWithDoug.com
11/06/2009
Can a Taxpayer Claim a Credit if the Property is Purchased from a Seller with Seller Financing and the Seller Retains Title to the Property? Yes. In situations where the buyer purchases the property, even though the seller retains legal title, the taxpayer may file for the credit. Some examples o...
11/06/2009
Homebuyer Tax Credit Update! Today, President Obama signed a bill to extend the tax credit for first-time homebuyers (FTHBs) through June 30, 2010. The bill also opens up opportunities for others who are not buying a home for the first time. TAX CREDIT OVERVIEW Who Gets What? First-Time Homebuyer...
11/06/2009
Following the Senate's favorable vote yesterday, the U.S. House of Representatives just voted 403 to 12 to extend the home buyer tax credit, expanding the parameters to include existing homeowners and not just first-time buyers. President Obama is expected to sign the legislation in the near futu...
11/05/2009
People who watch housing prices have predicted for months that another deluge of foreclosed homes would soon hit the market - once again crushing Sacramento-area property values. But the flood of bank repos hasn't materialized. And now, a leading California foreclosure analyst says it probably wo...
11/03/2009
The Internal Revenue Service is investigating more than 100,000 claims for the First-Time Homebuyer Tax Credit that may be unjustified or even fraudulent.The IRS has identified 167 of what it calls "criminal schemes" involving the credit. The IRS refused Monday to elaborate about the problem.Bonn...
11/02/2009
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Doug Reynolds

Realtor - Sacramento, CA
smartphone(916) 494-8441
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