Monday, October 5, 2009

First-time home buyer tax credit

There's good news for first time home-buyers. In an effort to stimulate the economy and help the housing market, the federal goverment had enacted new legislation providing a tax credit of up to $8000 for first time homebuyers.Click on the link below for more details.

First-time homebuyer tax credit

To view a list of all the homes listed in Orange County in the MLS, please visit us at:

www.ocexecutives.com or www.ochomebuyer.com

What Is the Mortgage Protection Program*?

Through the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Housing Affordability Fund Mortgage Protection Program, first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month, for up to six months, to help make their mortgage payments.A qualified co-buyer also can participate in the program and receive a monthly benefit of $750 per month for up to six months.C.A.R.’s Housing Affordability Fund is dedicating $1 million toward its Mortgage Protection Program, and estimates that as many as 3,000 families will benefit from the program this year.

For more details click here:

Mortgage Protection Program California

And to look at any homes in Orange County, please visit us at:

www.ocexecutives.com or www.ochomebuyer.com