temecula first time home buyers: Will the mortgage interest deduction survive budget cuts?
- 10/30/13 07:25 AM
Will the mortgage interest deduction still be there for today’s home buyers?
The Sixteenth Amendment (ratified in 1913), empowered Congress “to lay and collect taxes on incomes, from whatever source derived.”. As an offset for the taxes, interest paid (for any reason) was deducted.
Keep in mind that during the pre-WWI period, there was very little interest expenses paid by individuals. Homeowners typically owned their houses outright. It was not designed to encourage home ownership. Indeed, when the interest rate deduction was first considered, home financing was non-existent, and home ownership was not thought of as a public policy. It is … (2 comments)
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temecula first time home buyers: Temecula first time home buyers don't really need a Realtor do they?
- 04/23/12 09:40 AM
How hard can buying your first home in Temecula be?
First time home buyers in Temecula have access to the Temecula homes for sale on sites like Zillow, Trulia, Realtor.com and almost every Realtor in the country has given you what seems like the "keys to the kingdom" so you can "search for homes like an agent".
If it were that easy, you would find your first Temecula home in the supermarket check out aisle, next to the National Enquirer and candy bars.
Buying your first home is not an impulse buy and shouldn't be. It requires a commitment to being … (0 comments)
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temecula first time home buyers: Temecula first time home buyers what does Warren Buffett think about buying a home?
- 02/28/12 02:18 AM
There's so much information for first time home buyers to digest when it comes to deciding whether now is the time to buy their first home, it can be very hard to know what would be the best decision for you and your family. There are plenty of experts and "fakexperts" out there with opinions on buying your first home, but one of the richest men in the world would buy hundreds of them. We have helped hundreds of first time home buyers in Riverside and San Diego Counties make the right Buy v Rent decision. They all have one thing … (2 comments)
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temecula first time home buyers: Temecula first time home buyers already thinking about your future homes?
- 02/16/12 11:07 AM
For first time home buyers, buying a home in today's market is the first step on a journey that will likely take you to a number of different houses over your lifetime.
It's inevitable that sometime after moving into your first home and getting that feel for homeownership, you'll begin thinking about your future home.
What will it look like?
How "green" will it be?
Recently the Department of Energy hosted the bi-annual Solar Decathalon in DC and the winning entry is the Water Shed home built by the University of Maryland.
Watch the video to see what lies in store … (4 comments)
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temecula first time home buyers: San Diego first time home buyers get help from Congress
- 11/16/11 02:57 PM
November 16, 2011 - Breaking News Finally some good news for first time home buyers in higher cost areas like San Diego.
Congress reached a bipartisan agreement that would increase the maximum dollar amount of mortgage loans that can be insured by the Federal Housing Administration (FHA) back to $729,750 after dropping the cap to $625,500 automatically after a temporary increase was issued for all loans insured by the FHA (and all government-sponsored enterprises). The restored higher limit will remain in place through 2013.
“Higher FHA loan limits are critical to supporting current housing prices and our overall economic recovery, and … (3 comments)
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temecula first time home buyers: Temecula First Time Home Buyers are you ready to take the first step?
- 11/12/11 04:41 AM
“I want to buy my first home, how do I get started?”Without a doubt that is the number one question we’re asked at first time home buyers network.com
If you can make a rent payment each month, then you can make a mortgage payment each month.
It’s just writing a check or making an electronic transfer but it takes a conscious decision on your part to do what’s necessary to make it happen.
The FIRST STEP in buying your first home is to make the commitment to home ownership.
Read the complete article
… (0 comments)
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temecula first time home buyers: Temecula New Homes for Sale - Manzanita @ Paseo del Sol
- 09/23/10 01:01 PM
If you're a first time home buyer in Temecula, Murrieta or other parts of Southwest Riverside County or North County San Diego, I wonder if you're as amazed as I am when you see how quickly homes can be built, when there's money to be made.
If you've been following this blog, you know that less than three weeks ago, Manzanita @ Paseo del Sol was still pretty much dirt. Sure there were plenty of tractors and graders moving the dirt around but it was still basically dirt.
Fast forward three weeks and the sales trailer opened on September 18 so … (0 comments)
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temecula first time home buyers: Temecula First Time Home Buyers did you feel the shift?
- 09/21/10 01:24 PM
First time home buyers in Temecula, Murrieta and other cities in Southwest Riverside County and North County San Diego are seeing a shift in the dynamics of the local real estate market.
It might be described as a "perfect storm".
Perfect Storm for First Time Home Buyers To others it might feel like the "stars are finally in alignment".
10 good reasons to buy now
It might even feel like a 7.0 magnitude trembler. But no matter how you describe it, the opportunity for you to make the switch from first time home buyer to first time home owner just keeps … (2 comments)
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temecula first time home buyers: Temecula First Time Home Buyers short sales may be getting easier
- 09/20/10 11:40 AM
If you're a first time home buyer in Temecula, Murrieta or other parts of southwest Riverside County or North County San Diego, you no doubt have become frustrated with many parts of today's real estate market.
Should a first time home buyer buy now?
If you're looking for homes in certain price ranges, you're spending months looking and writing offers, often in competition with 10 or more other first time home buyers. You find a home you like that happens to be a short sale, your offer gets accepted by the seller and now comes the waiting.
Short sale jail First … (0 comments)
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temecula first time home buyers: Temecula New Homes for Sale - The Reserve @ Paseo del Sol
- 09/19/10 01:18 PM
For months there has been this trailer sitting on the northwest corner of Butterfield Stage Road and Pauba. I had heard another new home builder was going to start a new community on that corner, but I didn't have any specific information.
The Reserve @ Paseo del Sol Well, this week a sign was put up announcing the Reserve @ Paseo del Sol by Standard Pacific Homes.I checked the builder's website and couldn't locate the community by name, so it looks like we'll have to live with the information on the sign for a while.
Should a first time home buyer … (0 comments)
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temecula first time home buyers: Temecula New Homes for Sale - Manzanita @ Paseo del Sol
- 09/14/10 03:37 PM
It looks like first time home buyers in Temecula, Murrieta and other parts of Southwest Riverside County and North San Diego County will soon have more choices for their first home.
I wouldn't have believed they could move this quick but KB Home has already begun construction of the model homes at Manzanita @ Paseo del Sol. This first picture is from less than two weeks ago. Ground had barely been broken, tractors were moving dirt and it was very difficult to get a sense of how the community would take shape.
Manzanita @ Paseo del Sol The second picture was … (2 comments)
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temecula first time home buyers: Murrieta New Homes for Sale - Kenton Place
- 09/13/10 12:05 PM
If you're a first time home buyer in Temecula, Murrieta or other parts of Southwest Riverside or north San Diego County and quiet is what you're looking for, then check out Kenton Place by KB Home.
Located just west of I-15 and north of historic Old Town Murrieta, Kenton Place by KB Home is 41 build to order new homes. The Santa Rosa Plateau and Ecological Preserve are just minutes away.
Murrieta New Homes for Sale - Kenton Place
There are five different floor plans, two single story that range in size from 2024 to 2876 square feet.
Like … (0 comments)
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temecula first time home buyers: Temecula first time home buyers - How to buy your first home
- 09/12/10 05:08 AM
First Time home buyers in Temecula, Murrieta and other parts of Riverside and San Diego County get enough advice on how to buy their first home from friends, family and co-workers.
As well meaning as they may be, today's real estate market is unique to YOU! Your wants and needs in a home are unique to you.
Your financial picture determines what loan you are best qualified for is unique to you.
So, being the best informed first time home buyer you can be, is the most important first step.
Watch this video for some general advice on the home buying … (2 comments)
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temecula first time home buyers: Temecula first time home buyers may qualify for 4% home loans
- 09/11/10 04:04 AM
First time home buyers in Temecula, Murrieta, and other parts of Riverside and San Diego County just received another boost in their efforts to make the big move from first time homebuyer to first time homeowner. The California Housing Finance Agency (CALHFA) just announced their new CALHFA FHA loan program. The program offers a number of features designed to help low to moderate income families achieve their dream of homeownership.
4% interest rate - You just saved $89/mo over prevailing FHA rates (based on $200,000 loan amount) Down payment assistance in the form of a CHDAP second mortgage at 3.25% … (1 comments)
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temecula first time home buyers: Menifee New Homes for Sale - Sycamore @ Hidden Hills
- 09/10/10 05:09 AM
First time home buyers in Temecula, Murrieta and other parts of Riverside and San Diego County, who are attracted to the amenities and lifestyle that are part of Southwest Riverside County might want to take a look at new homes for sale in Menifee. About 10 miles north of Temecula and Murrieta on I-215, is the newly incorporated city of Menifee and a number of new home communities that are affordable for first time home buyers. Regardless of real estate market, one economic factor has always been true in Southern California: A little extra commute time brings a lot more “bang … (5 comments)
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temecula first time home buyers: Temecula first time homebuyers should you buy a new home?
- 09/09/10 01:12 PM
Many first time home buyers in Temecula, Murrieta and other parts of Riverside and San Diego County are getting frustrated with the process of buying a bank owned or short sale home. They have been looking for their first home for months, made multiple offers competing with up to twenty other first time home buyers, then waited weeks or months for an answer and still haven’t made the transition from first time home buyer to first time home owner. If this sounds like you, you might consider buying a brand new home. Many homebuilders are building more homes designed for first … (1 comments)
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temecula first time home buyers: Temecula First Time Home buyers is it the right time to buy?
- 09/02/10 11:46 AM
The release of the latest housing numbers may have first time home buyers in Temecula, Murrieta and other parts of Riverside and San Diego County wondering if now is the right time to buy their first home.
Temecula First Time Home Buyers Buying your first home is the most important financial decision you will make and should be treated as such. It’s not an impulse purchase, so careful planning is the first step along with some soul searching to see if homeownership is right for YOU. Here are some questions you should ask yourself before you start. Is buying or renting … (4 comments)
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temecula first time home buyers: Temecula First Time Home Buyers a new tax credit on the way?
- 08/31/10 12:58 PM
First time homebuyers in Temecula, Murrieta and other parts of Riverside and San Diego County may be getting an unexpected bonus from your Uncle Sam.
Last week the NAR (National Association of Realtors) announced that homes sales were down more than 27.2% from June and 25% from July of 2009.
Sales are at the lowest level since the total existing-home sales series launched in 1999, and single family sales – accounting for the bulk of transactions – are at the lowest level since May of 1995.
This announcement sent the financial markets into shock and has the government considering a number … (0 comments)
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temecula first time home buyers: Temecula First Time Home Buyers there's a new sheriff in town
- 08/23/10 03:59 PM
First time home buyers in Temecula, Murrieta and other parts of Southwest Riverside County have an abundance of choices when it comes to fast food dining, particularly hamburgers.
For years the first choice for most residents of Temecula and Murrieta, and for most of Southern California has been the iconic In-N-Out Burger chain. In-N-Out has thrived in Southern California on a simple premise of fresh, never frozen burgers and french fries.
The new burger sheriff in Temecula
Well in this year's Zagat poll for best burger in Southern California, In-N-Out was upset by the new sheriff in town, 5 … (0 comments)
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temecula first time home buyers: First time homebuyers is your loan qualified?
- 08/16/10 06:20 AM
First Time Home Buyer loans First time home buyers are a huge part of the real estate market in Temecula, Murrieta and other portions of Riverside and San Diego Counties. Interest rates have never, ever been lower than they are today. Well, in medieval times maybe, but not in recent history. The drop in prices for homes in Temecula and Murrieta coupled with these low interest rates has put home affordability at an all time. For more information on first time home buyer loans in Temecula Buying your first home is not a matter to be taken lightly and as a … (0 comments)
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Will the mortgage interest deduction still be there for today’s home buyers?
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