Archive for the ‘1st Time Home Buyers’ Category

So you have a dream home in San Francisco… Now What? Who? When? Where? Why?

February 17th, 2011 by Katy Dinner

“As a homeowner in San Francisco, you have plenty of responsibilities — and, no doubt, a number of concerns, too. From property taxes to sidewalk repair, from legal obligations to house maintenance, and from taxes to utilities, you’ll want to be aware of your legal obligations and find out all you need to know to make your home, neighborhood and city the best they can be.

Maybe you’re confused about who’s responsible for repairing the fence between your neighbor’s backyard and your own. Or perhaps you’d like to remodel your bathroom but aren’t sure if you need a permit for the work.

SF Bay Window, your guide to homeownership in San Francisco, can provide you with the answers to your questions or point you in the direction of the source that can. From asbestos to water and sewer service, we’ll help you find the information you to need to improve and protect your most substantial investment.”

-San Francisco Association of REALTORS®.

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Posted in 1st Time Home Buyers, About San Francisco, For Home Buyers, For Owners & Sellers, Investment Properties, Neighborhood Focus | No Comments »

Ever Wonder Whether You Should Buy or Rent?

April 30th, 2010 by Katy Dinner

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 http://www.nytimes.com/interactive/business/buy-rent-calculator

Here is a great tool from the New York Times. It shows an analysis of whether it makes sense for you to buy or rent, based on information you provide. Click Here

Posted in 1st Time Home Buyers, About San Francisco, For Home Buyers, For Renters | No Comments »

Money Allocated for CA’s First-time Homebuyer Tax Credit May Run Out in 10-20 Days!!!

April 16th, 2010 by Katy Dinner

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CAR is predicting that the money allocated for the CA first-time homebuyer credit may run out in 10 – 20 days (or less) once the program starts on May 1.

If you are counting on that credit, you need to pay close attention to the deadlines — agencies will not be able to guarantee anything.

Here is the CAR announcement:

“The $100 million allocated for California’s first-time homebuyer tax credits may be depleted in about 10 to 20 days or sooner, according to C.A.R.’s Economics team. California’s Franchise Tax Board (FTB) plans to begin accepting applications on May 1, 2010 for tax credits up to $10,000 for first-time homebuyers and for homes that have never been previously occupied. However, the total tax credit allocation for all taxpayers is $100 million for first-time homebuyers and $100 million for new homes, both on a first-come, first-served basis.

 

C.A.R.’s forecast of 10 to 20 days to deplete the $100 million allocation for first-time home buyers is based on estimated May sales figures and other parameters. It does not take into account the possibility that buyers scheduled to close escrow in April may delay closing until May to take advantage of the tax credit. If a shift in closings from April to May occurs, the first-time homebuyer tax credits may be depleted even more quickly than indicated above.

 

Applications for the California tax credit must be faxed to the FTB after escrow closes. The FTB will update its website when the 2010 application form and other information become available.”

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Posted in 1st Time Home Buyers, About San Francisco, For Home Buyers, National Housing News | No Comments »

Easy to Reference Chart About the Home Buyer Tax Credit 2010 Update

April 8th, 2010 by Katy Dinner

Homebuyer Tax Credit Chart 2010

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Posted in 1st Time Home Buyers, For Home Buyers, National Housing News | No Comments »
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