Videos by Russ Boyd are syndicated across the internet by Who would have thought, a new Homebuyer Tax Credit for California homebuyers has been signed by the governor. Last Monday the California State Legislature passed Assembly Bill 183 which will provide $200 million in homebuyer tax credits for California homebuyers. The bill is part of [...]
Videos by Russ Boyd are syndicated across the internet by Remember back in 2006? Those were the days of multiple offers and rising home prices. Well, we are now into the third year of the “burst bubble” recovery. I confess, we bought our current home in 2006. And of course, [...]
Videos by Russ Boyd are syndicated across the internet by As I reported in a recent post, up until now, short sales have had a high rate of failure, leading to frustration by buyers, distressed sellers, real estate agents and escrow officers. HAFA (Home Affordable Foreclosure Alternative) is a new federal program which becomes effective [...]
Videos by Russ Boyd are syndicated across the internet by Last week I attended an invitation only audio conference that included panelists from Bank of America, Wells Fargo Bank and Freddie Mac. Based on my experience with representing clients in short sales last year, the idea 2010 will be “the year of the short sale” [...]
Videos by Russ Boyd are uploaded to Youtube, MetaCafe, Veoh, Vimeo and Yahoo Video by Remember back in mid 2007, just before the housing bubble burst? At that time most buyers and borrowers opted of ARM loans with a fixed rate period, typically 3, 5 or 7 years. Conforming fixed rates were in the high [...]
Videos by Russ Boyd are uploaded to Youtube, MetaCafe, Veoh, Vimeo and Yahoo Video by While it’s quite clear that there has been steady market improvement during the past year, there is still a missing piece of the puzzle for homes priced above $1,000,000. Now let me be clear, there are some large lenders that [...]
Videos by Russ Boyd are uploaded to Youtube, MetaCafe, Veoh, Vimeo and Yahoo Video by We often hear the question, “is this a good time to buy”. It occurs to me that what is really being asked is, “are prices going to go down further?” We know that buyers have been blessed with low mortgage [...]
How to Combine the Federal and California Tax Credits up to $18,000
By Russ Boyd on April 3rd, 2010
Videos by Russ Boyd are syndicated across the internet by Since I posted a recent blog and video, “Would You Believe a State Homebuyer Tax Credit of up to $10,000?”, last week I have been asked if it possible to combine the Federal and State Tax Credit to a combined credit of $18,000. I’m happy [...]