Valley Real Estate Market

Home Buyer Federal Tax Credits
2010-2011 Fact Sheet
Effective Dates

The eligibility period for the tax credit is for homes purchased after Nov. 6, 2009 and before

May 1, 2010. However, home purchases subject to a binding sales contract signed by April 30, 2010, will qualify for the tax credit provided closing occurs prior to July 1, 2010.
Who is Eligible?

First-time [...]

FICO Reveals How Common Credit Mistakes Affect Scores
Disclosed for the 1st time, ‘damage points’ taken off for late payments
The greater transparency about FICO scores is important because American consumers’ ability to get credit rises and falls with the number. FICO, the company that pioneered credit scoring, assigns consumers a three-digit number from 300 to 850, [...]

In addition to the joy of being out in nature, biking and hiking have benefits that go beyond fun and fitness.
As with other physical activities, when riders or hikers exceed what they perceive as their limitations, they realize they can go beyond their limitations in other parts of life, as well.
Mostly, though, mountain biking and [...]

The proportion of U.S. homeowners who owe more on their mortgages than the properties are worth has swelled to about 23%, threatening prospects for a sustained housing recovery.
Nearly 10.7 million households had negative equity in their homes in the third quarter, according to First American CoreLogic, a real-estate information company based in Santa [...]

Short-sale approval is often contingent on the buyer and seller making concessions. This means that the lender could ask the buyers to pay a higher price. The seller could be asked to bring money into escrow so that the lender nets more from the sale than the contract provides. If either party is unable or [...]