Conforming loan limits for 2009 were revised by the American Recovery and Reinvestment Act which was signed into law on 2/17/2009. The new limits for San Diego County and surrounding areas are…
Articles for February, 2009
California Homebuyers Tax Break
A $10,000 state tax credit for purchasing a NEW California homes. A first time homebuyer in California can combine this with the federal first time homebuyers tax credit for a total of up to $18,000 in tax credits but only for a limited time…
Help for the Housing Market
The Homeowner Affordability and Stability Plan applies to primary residences with conforming loan limits. This is a brief summary of the plan with some limitations specific to San Diego…
Stealth Housing Stimulus
A Fannie Mae policy change allowing investors to finance up to ten single unit properties, should help stimulate San Diego’s housing market by encouraging investors to add to their investment portfolios.
Stimulating to San Diego Housing?
The Economic Stimulus Bill’s “so-called” First-Time Home Buyer refundable tax credit. It’s important to know that the tax credit may apply to you even it it’s NOT your first home! If you haven’t owned a home in three years - keep reading…