Free Reports for Home Buyers
|
|
|
| |
Congratulations! You have decided to purchase a home, or are thinking about buying one. You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value.
In the following reports, you'll find the information you need to make a wise buying decision. We'll take you through the planning process step-by-step , to help you determine which home is right for you. You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.
Please contact us if you have any questions about buying a home in the San Fernando Valley or elsewhere in California. | Below, select desired reports and complete the form provided.
|
You have not selected any of the above reports.
*This credit is still available for purchases of New homes* State doubles credit to $200M, opens it up to resales BY INMAN NEWS
The state of California has re-established and extended a $10,000 home buyer tax credit.
The new law, AB 183, signed by Gov. Arnold Schwarzenegger, allocates $200 million to the credit for homes purchased between May 1 and Dec. 31, and between Dec. 31 and August 1, 2011. That's twice the amount allocated to a similar credit passed for purchasers of new homes last year. Those funds were quickly depleted and builders have been asking for the credit's return ever since.
The state has extended the new credit to first-time buyers of existing homes as well as buyers of new homes. The funds will be split evenly between the two groups, and buyers will have to occupy the home for at least two years.
The legislation had the backing of the California Building Industry Association and the California Association of Realtors.
"The tax credit will help push prospective buyers off the fence, clear out inventory, and jump-start the home building industry, which will help create jobs and reinvigorate the state's economy," said Liz Snow, the building association's CEO and president, in a statement.
"AB 183 also will significantly contribute to efforts to stimulate jobs creation within California's housing market by helping to incentivize first-time home buyers to purchase homes that have been abandoned, foreclosed upon, and returned to the lender; or have been sitting on the market for extended periods of time," said Steve Goddard, the real estate association president, in a statement.
"It is these homes that will require substantial rehabilitation by the new owners, which will in turn generate a tremendous increase in jobs and accessory purchases connected to home improvement activities," Goddard added.
Snow said the credit would be paid out over several years and therefore lessen the blow to the cash-strapped state's budget.
"Additionally, recent studies show that building a new home generates roughly $16,000 in state tax revenues alone, which supports the notion that the credit will more than pay for itself," Snow said.
"The bill appears to represent a blending of policy goals, including: increasing demand for housing by lowering the effective purchase price; decreasing the existing market inventory of homes; and, encouraging construction of new homes. Supporters claim this bill will result in the generation of additional jobs in California. No formal jobs analysis has been conducted," according to a legislative report. For detailed information from The Franchise Tax Board go to http://www.ftb.ca.gov/individuals/New_home_credit.shtml As aways check with your attorney or CPA to see if indeed you do qualify and for how much.
|
|
|
|
School Finder
|
|
|
Once you have a list of perspective homes to look at, you may need to check one more thing. What public school will your children go to? Click on the LAUSD School Finder for Los Angeles Unified and Hart Union School Search for Santa Clarita link below to find out. You can also compare schools or school districts on the other links.
|
Utilities
|
|
|
Click on the links below for all the information on our local utilities.
|
|
As a buyer you are free to use a home inspector of your choice. It does not have to be an inspector chosen from this list.
1) Advanced Home Inspection (818) 883-9810 Tom DeSpain (800) 394-8894 2) The Building Inspector (909) 338-7022 Kris Young
3) Preferred Home Inspection Service (818) 882-5334 Jack Gironda
CHIMNEY INSPECTORS:
1) Boston Brick and Stone (626) 296-7700 2) Chimney Doctor Inc (818) 352-5862 3) Chimney Savers (818) 998-3166 GEOLOGICAL INSPECTORS:
1) Dale Glenn Certified Engineering Geologist (818) 886-2771 2) Grover, Hollingsworth & Associates (818) 889-0844 Dave Grover 3) Harley Tucker & Associates (818) 703-0908
4) Parmelee Geology (818) 889-0762
|
|
|
|
|