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CalHomes |
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Click on the right for documents. They cover the following Home Buying - Process of home buying in detailed steps. useful for first time home buyer. Loan Process - very useful for first time home buyer. Tax Saving - Tax saving for owner occupied. How to calculate the tax savings. consult your tax account for indepth analysis. Escrow & Title costs - Santa Clara, Alameda, Contra Costa, San Mateo, San Francisco counties and all other california counties. County Maps - useful link to find out counties in any State. County&City Links - Links to county & city websites for more information. HUD provides lot of useful information. Please check the following HUD website. !!! U.S. Department of Housing and Urban Development !!! Federal tax credit of $8k (Eight thousand dollars) expires on April 30th 2010. California tax credit of $10k starts on May 1st, 2010. Following PDF document gives side by side comparision of Federal and California state tax credit plan details. The document details the income limit, time period, home value and whether the buyer need to be a first time buyer or not. !!! Federal & California State Tax Credits !!! It is better to learn about the credit impact between shortsale and foreclosure before choosing a path for disposing of the home that is underwater. Home owners are facing the task of how to resolve the situation where the loan amount is far more than the current value of the home. Check the following document !!! Credit Impact between Short Sale & Foreclosure Sale !!! |
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