June 12, 2009
Effective May 1, 2009 a new appraisal process for Bay Area homes went into effect, called the Home Valuation Code of Conduct. This new Code requires a third party service to schedule an appraisal and claims to provide enhanced protections for homebuyers, mortgage investors and the housing market. It used to be when a buyer [...]
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June 8, 2009
Recently, California introduced their own tax credit for home buyers purchasing a home in California between March 1, 2009 and February 28, 2010. While the federal income tax credit is 10% of the purchase price not to exceed $8,000, California’s tax credit is 5% of the purchase price not to exceed $10,000. The California tax [...]
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