California Pacific Brokers

Federal Tax Credit Expiring Soon!

Time to get your documents in order. It would be a total shame to meet all the requirements and be eligible for the $8,000.00 Federal Tax Credit for First-Time Home buyers, and then fail to file the required documents. Here are the requirements, as per the Internal Revenue Service website: IRS First-Time Homebuyer Credit Documentation Requirements Tax time is just around the corner and if you became... [Read more...]

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So Where Are These REO Listings?

So Where Are These REO Listings? You are ONE click away from finding some REO listings in the East Bay area. Click here to see them. Buying bank owned properties There is a lot of interest in buying bank owned properties these days. A lot of information, some good and some bad, is floating around about the subject.   Often the information offered is for sale, with the promise that you can make a lot... [Read more...]

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CONSUMER ALERT!! – FORECLOSURE RESCUE SCAMS

If someone who is not your mortgage lender promises to save your home and asks for you to pay money up front, WATCH OUT. Fraudulent foreclosure consultants target homeowners who are behind on their mortgage payments.  Here’s what you can do to avoid becoming a victim: DON’T transfer title or sell your house to the foreclosure rescuer. Fraudulent foreclosure consultants often promise that if... [Read more...]

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Fixer Uppers – Buyer Beware

The oft heard phrase “Buyer Beware” is never more appropriate than when considering the purchase of a fixer-upper. You really need to know exactly what you’re getting into before buying. It’s commonly believed that fixer-upper properties represent easy money that is ripe for the taking – that you can buy it, do a little work on it in your spare time, and then resell quickly for... [Read more...]

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Tax Credit for Homebuyers

First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000. Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.Current Owners: The tax credit... [Read more...]

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First-Time HomeBuyers

Your decision to buy a home is both a sound financial decision and a commendable achievement. As your real estate agent . . . I will lead you through every step of the exciting home buying process. I will help you define your “wish list” of features you want in your home, your neighborhood and your school district. I will walk you through the mind-boggling financial details associated... [Read more...]

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