Archive for January, 2010

$8000 First Time Home Buyer Tax Credit-why it may take months to get your money!

Wednesday, January 27th, 2010

First time home buyers in Temecula, Murrieta and other parts of Riverside and San Diego Counties who qualified for the $8000 First Time Home Buyer Tax Credit and are eagerly awaiting their refund, will need PATIENCE!

Last week, the IRS opened up for business (i.e. it’s time to send in your tax returns, folks) and released the new form that home buyers eligible for a tax credit need in order to get their tax credit dollars. (more…)

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Temecula First Time Home Buyers – Don’t flush your credit down the drain!

Wednesday, January 27th, 2010

If you’re a first time home buyer in Temecula, Murrieta or other parts of Riverside and San Diego Counties, you might have been  tempted to just stop paying your credit card bills? I mean, How bad can it get?

Maintaining a good credit score can make the difference between a first time homebuyer and a long time renter.

A credit score of 620 for first time home buyers is the new “Mendoza line”. Fall below that and your chances of getting a loan for your first time home are almost ZERO! (more…)

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$8000 Tax Credit for Temecula First Time Home Buyers only 94 days!

Monday, January 25th, 2010

First time homebuyers in Temecula, Murrieta and other portions of Riverside and San Diego Counties only have 94 days to qualify to receive the $8000 First Time Home Buyer Tax Credit.

For more information on the Tax Credit

Don't roll the dice with $8000

For Temecula first time home buyers to be eligible to receive the $8000 tax credit they have to be “in escrow” by April 30 (94 days from January 25) and close on or before June 30.

In today’s challenging market first time home buyers who have decided that the $8000 First Time Home Buyer Tax credit is too much to leave on the table, need to act now!

Is it worth it? Read what these happy homeowners have to say. (more…)

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