Jeff's Blog

FHA is gaining in popularity again.  After several years taking a back seat to sub-prime mortgages, FHA loans are one of the best mortgage solutions for homebuyers.  And, you don't need to be a first time homebuyer to utilize an FHA loan.  You can only have one FHA loan at a time.  Energy Efficie...

Sacramento’s Neighborhood Stabilization Program Effective April 1st, 2009 3 new programs are available to rehabilitate certain areas of Sacramento City and Sacramento County. The three programs Vacant Properties Program (VPP) Block Acquisition and Rehabilitation Property Recycling Program The pro...

Now that Digital TV is coming, you may be thinking about getting rid of that old television you have. Televisions are categorized as "Universal Waste" that includes all electronic items such as: Televisions and computer monitors Telephones and cell phones Computers and computer peripherals Answer...

Making sense of the Market  On the market today:  Today, Placer county has 1236 "active" (non-short sale) listings. 17% are Bank Owned (REO) properties 61% came on the market within the past 90 days  In addition, there are 830 Short Sale properties on the market 581 were listed in the past 90 day...

:: Updated 2009 First Time homebuyer Tax Credit ::   Features   Amount Of Credit: Lesser of 10% of cost of home up to $8,000 (Increased from $7,500) Eligible Property: Any single family residence (including condos, co-ops, townhouses) that will be used as a principal residence. Refundable: Yes. R...

I recently attended an FHA seminar and wanted to share my notes with you all. FHA's stated mission is to help people realize the "American Dream" of home ownership, stabilize and revitalize communities, promote economic growth and reduce defaults/preserve neighborhoods.  Their goals are to educat...

The California Association of Realtors released February 2009 home sales data. Key takeaways: Unsold Inventory Index for existing, single-family detached homes in February 2009 was 6.9 months compared with 15.3 months (revised) for the same period a year ago.  The index indicates the number of mo...

Hello Neighbors,This article just in from CAR (the California Association of Realtors).If you've found yourself drowning in mortgage obligations and debt recently, you're not alone. Declining home values, overall economic malaises, job losses, and other forces are driving homeowners like you to c...

First-Time Homebuyers Have Several Options to Maximize New Tax Credit WASHINGTON - As part of the Treasury Department's consumer outreach effort and with the April 15 individual tax filing deadline approaching, the Internal Revenue Service today began a concerted effort to educate taxpayers about...