Tag Archives: first time buyer

Governor signs Home Tax Credit Bill

Governor Schwarzenegger today signed AB 183 providing $200 million for home buyer tax credits.  The bill allocates $100 million for qualified first-time home buyers who purchase existing homes and $100 million for purchasers of new, or previously unoccupied, homes.   Eligible taxpayers who close escrow on qualified principal residences between May 1, 2010 and December, [...]

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FHA Loans are Proving to be Very Popular in Orange County, CA

Orange County, CA home buyers are finding that FHA financing is a great way to go when purchasing a home. Only a few years ago there were hundreds of different types of loan programs, many offering 100% financing (or higher) for low FICO score borrowers who didn’t need to show the lender much information beyond a few bank [...]

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