Archive for the ‘Real Estate’ Category

How Does The Stimulus Package Impact California?

Each State is designated a share of the stimuluspackage, and California will receive more than $80 billion in funding. The Stimulus package is expected to provide the following for California1: • Expect to create and/or save 396,000 jobs over the next two years • Includes over $15 billion for health and human services and $12 […]

Slowly, Construction in Moving

Although most cities are still not seeing the permits of years past, there has been some small movement. Stimulus money and budget money has moved into local agencies which is causing a small movement in the Government sector. In the Private sector, we also see a sparkle of hope, which is partially from the fires […]

$8,000 Tax Credit Used At Closing for Down Payment

As part of the economic stimulus package, Congress created a first time home buyers tax credit of $8,000 to be collected at tax time. However, the US Department of Housing and Urban Development (HUD) plans to allow FHA approved lenders to provide home buyers with the up front cash to be used as an immediate […]

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