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Welcome to Excel Realty & Mortgage, serving the Bay Area and Central Valley.
2009 First-Time Home Buyer Tax Credit
Tax credit can be used as additional down payment
By Patricia Woods, REALTOR., GRI
Breaking News: Get up to $8,000 Tax Credit that does not need to be repaid, if you occupy your new home for at least three years. The Dream of Homeownership is NOW Within Reach Tax credit can be used as additional down payment How to Qualify: If you are First-time home buyers that purchase a home between January 1, 2009 and December 1, 2009.
If you have not owned a home in the last three years or more, You qualify as a “first-time home buyer”.
Eligible Properties: This must by your primary residences, and includes: single-family homes, townhomes, condos, and co-ops.
The Amount of Tax Credit is determined by: 10% of the purchase price of the home, up to $8,000. Single buyers can have an income up to $75,000 and married buyers can have an income up to $150,000. First time buyer's whose income exceeds these limits may still be eligible. For more information http://www.ncsha.org/section.cfm/3/34/2920
President's Feb 2009 Making Home Affordable
Help for Home Owners
By Patricia Woods, REALTOR., GRI
The plan is designed to prevent foreclosures. Click the following link http://www.makinghomeaffordable.gov for details.
To qualify for a refinance, you must:
Have a loan guaranteed by Fannie Mae or Freddie Mac. Call Fannie at 1-800-7FANNIE and Freddie at 1-800-FREDDIE to find out if you have this type of guaranteed mortgage loan.
Owe 80-105% of your mortgage. If you are under water and owe more that 105% of your home's value, you may not qualify.
Have a conforming or high balance conforming loan. Conforming Loan limits are between $417,000 and $729,500 depending on the area.
To find out if you qualify for a refinance or loan modification click the following link http://www.makinghomeaffordable.gov
There are a couple of calculator tools on this site to help you with your mortgage: Payment Reduction Estimator and Modification Evaluator Also you will find other valuable resources to help keep your home affordable.
HOPE for Homeowners - Options to keep or sale your up-side-down home
Mortgage Help
By Patricia Woods, REALTOR., GRI
Call 888-995-HOPE or visit www.995hope.org. Mortgage Forgiveness Debt Relief Act of 2007 information: http://www.bankrate.com/brm/news/real-estate/20080110_mortgage_tax_relief_a1.asp
http://www.irs.gov/individuals/article/0,,id=179414,00.html
I promise to make a full-time commitment to you. I will provide you with State-of-the-Art Marketing Technology and State-of-the-Heart Committed Quality Service.
Having the right Realtor insures a happy, stress-free home buying or selling experience, and stress free experience.
Native to the Bay Area, I have the experience and know the local neighborhoods, schools, market conditions, ordinances, etc. With my years of experience in the local market - I have the expertise and track record of success you need.
I embrace the convenience of technology without losing the personal touch. You'll love the resources available on my website and the e-mail New Listings Notification alerts that I send, but these will never replace the time I spend with you, serving as your personal guide through this exciting process.
In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in Pleasanton, Dublin, Livermore, Hayward, San Leandro, Fremont, Oakland, Pleasanton, Stockton and Modesto with my New Listings Notification.
If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation and eAppraisal. |
