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Dawn Sells San Diego
Archive for the ‘Poway’ Category
Wednesday, November 18th, 2009
 San Diego Real Estate Blog
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You can follow Dawn Sells San Diego on Twitter. Our San Diego Real Estate Twitter has all of our blog posts tweeted as well as all information pertaining to the San Diego Real Estate Market, News and Trends. Twitter is a great way for us to stay in touch with home buyers and home sellers in San Diego County.
We also keep you updated on foreclosure and short sale properties that we are selling and up to date information on the latest foreclosure and short sale news. Twitter is an excellent micro-blog for getting San Diego Real Estate Tweets out fast to our followers. If you want to follow the best San Diego Real Estate on Twitter make sure you follow us.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
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All Information is believed to be correct but not guaranteed.
Posted in Linda Vista, Del Cerro, Mission Valley, Normal Heights, Bonita, Tierrasanta, University City, Sorrento Valley, Clairemont Mesa, Bay Park, Downtown, La Jolla, Old Town, Imperial Beach, National City, San Diego Relocation, San Diego Short Sales, Dawn Lewis REO's, San Diego Market Report, Ocean View Hills, San Diego Real Estate News, San Diego Real Estate Blog, San Diego Foreclosures, La Mesa, El Cajon, Lemon Grove, Santee, Spring Valley, Scripps Ranch, Rancho Penasquitos, Chula Vista, Carmel Valley, EastLake, Otay Ranch, San Miguel Ranch, Rolling Hills, South Bay, East County, North County Coastal, San Diego Real Estate, North County Inland, Central Coastal, Central Inland, Sunbow, Windingwalk, San Diego House Values, Oceanside, 4s Ranch, Mira Mesa, Poway, Encinitas, Del Mar, San Diego MLS, San Diego New Homes, Cardiff, Carlsbad, Carmel Mountain, Blogroll | No Comments »
Thursday, November 12th, 2009
 San Diego Real Estate Blog
2010 San Diego Real Estate Market
I know it’s still 2009 November and it might be a little early for 2010 San Diego Real Estate Market predictions but I think I’ll give it a shot. 2010 in the San Diego Real Estate Market should show more foreclosures than we had in 2009. In 2009 many foreclosures were held off of the market due to the moratoriums. Now that many of the foreclosure moratoriums are lifted the banks are gearing up to get the REO’s off of their books. 2010 in San Diego and many parts of the country will be known as the year of the “Last of the Foreclosure Market”. There will be more foreclosures after 2010 into 2011, 2012 and 2013 but 2010 will be the last big year for foreclosures.
There will still be more short sales and some banks are moving faster on them. There’s lots of talk about the short sales being streamlined and moving through the system faster. In 2010 it might just be a lot of false hope in this area. I hope I’m wrong and we see the short sales as a whole (not just select banks) move through the system fast and to a sale but it might just be a lot of hype. Systems like REOTrans are setting up to do short sales but I’ll believe the push towards short sales over foreclosures by the banks when I see it.
For homebuyers in 2010 it should be a delight with more inventory coming into the San Diego Real Estate Market. In some price ranges like the lower end first time home buyer prices under $400,000 there still will be a fight with other buyers to get the homes. There are way too many buyers and investors in the under $400,000 range in many areas of San Diego County that will keep this price range in very short supply in 2010. The upper end in non-coastal areas will still slide a little lower in 2010. We’ll see how this worked out in 2011.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Foreclosures
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All Information is believed to be correct but not guaranteed.
Posted in Normal Heights, Mission Valley, Mission Hills, North Park, Tierrasanta, National City, Imperial Beach, Bonita, Logan Heights, Linda Vista, Point Loma, Old Town, Ocean Beach, Sorrento Valley, University City, East San Diego, Del Cerro, College Grove, Otay Mesa, Paradise Hills, San Diego Real Estate Blog, Santee, Rancho San Diego, San Diego Short Sales, San Diego Relocation, Ocean View Hills, San Diego Real Estate News, San Diego Market Report, Pine Valley, Lemon Grove, El Cajon, Alpine, San Ysidro, Jamul, Julian, Lakeside, La Mesa, La Jolla, Coronado, Sunbow, San Miguel Ranch, Rolling Hills, Windingwalk, San Diego New Homes, Cardiff, Pacific Beach, San Diego MLS, EastLake, Chula Vista, North County Inland, North County Coastal, San Diego Real Estate, Central Coastal, Central Inland, Carmel Valley, South Bay, East County, Carlsbad, Carmel Mountain, Rancho Penasquitos, Ramona, Poway, Rancho Santa Fe, San Marcos, Vista, Valley Center, Scripps Ranch, Mira Mesa, Fallbrook, Oceanside, Encinitas, Del Mar, Solana Beach, San Diego House Values, Escondido, 4s Ranch, Blogroll | 1 Comment »
Monday, November 9th, 2009
San Diego Real Estate Blog
The First-Time Home Buyer $8,000 Tax Credit was just extended until April 30, 2010 by the U.S Congress.
Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.
Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream.
Who Qualifies for the Extended Credit?
First-time home buyers who purchase homes between November 7, 2009 and April 30, 2010.
Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.
To qualify as a “first-time home buyer” the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase.
If you or you have purchased a home between January 1, 2009 and November 6, 2009, please see: 2009 First-Time Home Buyer Tax Credit.
Which Properties Are Eligible?
The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.
How Much Is Available?
The maximum allowable credit for first-time home buyers is $8,000.
The maximum allowable credit for current homeowners is $6,500.
How is a Buyer’s Credit Amount Determined?
Each home buyer’s tax credit is determined by 2 additional factors:
The price of the home.
The buyer’s income.
Under the Extended Home Buyer Tax Credit, credit may only be awarded on homes purchased for $800,000 or less.
Buyer Income
Under the Extended Home Buyer Tax Credit, which is effective on November 7, 2009, single buyers with incomes up to $125,000 and married couples with incomes up to $225,000—may receive the maximum tax credit.
These income limits have changed from the 2009 First-Time Home Buyer Tax Credit limits. If you or your client purchased a home between January 1, 2009 and November 6, 2009, please see 2009 First-Time Home Buyer Tax Credit.
If the Buyer(s)’ Income Exceeds These Limits, Can He/She Still Get a Credit?
Yes, some buyers may still be eligible for the credit.
The credit decreases for buyers who earn between $125,000 and $145,000 for single buyers and between $225,000 and $245,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income—over $145,000 for singles and over $245,000 for couples are not eligible for the credit.
Can a Buyer Still Qualify If He/She Closes After April 30, 2010?
Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.
Will the Tax Credit Need to Be Repaid?
No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during this three-year period, the full amount credit will be recouped on the sale.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Foreclosures
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San Diego House Values Local Real Estate Information
San Diego Real Estate Blog San Diego Short Sales
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San DiegoListing Book
All Information is believed to be correct but not guaranteed.
Posted in Imperial Beach, Alpine, Bonita, Tierrasanta, North Park, Julian, Lemon Grove, San Diego Real Estate News, San Diego Market Report, San Diego Real Estate Blog, Santee, Mission Valley, University City, Cardiff, Carlsbad, Carmel Valley, North County Coastal, San Diego Real Estate, Solana Beach, Mira Mesa, Sorrento Valley, Clairemont Mesa, Rancho Penasquitos, Poway, Blogroll | 2 Comments »
Sunday, August 23rd, 2009
 San Diego Real Estate Blog
I Googled San Diego Real Estate this morning and saw the top rated spot was a news article from the Union Tribune, Real Estate Expert: San Diego at Leading Edge of Recovery. The Real Estate Expert they site in the article is Lawrence Yun the Chief Economist for the National Association of Realtors. Yun is known for making many blunders and erroneous predictions in the past. Check out http://www.lawrenceyunwatch.blogspot.com/ for some in depth research on Yun’s other predictions and faux pas. I’m a big fan of laying all the facts out on the table for anyone buying a home in San Diego County. A prediction like this headline needs to have all the facts including the ones behind the scenes.
The article Real Estate Expert: San Diego at Leading Edge of Recovery bases the recovery on rising prices and sales. Yun states that there is only a 2.5 month inventory of homes for sale and new home construction sluggish. He said that the demand is strong. In an excerpt from the article Yun confesses: “He began with a confession about how he missed the real estate bubble of 2004-06. Surely, the system had enough checks and balances to avoid a runaway market, he thought at the time. “I was clearly wrong,” he said.” My concern now is what else is Yun overlooking through assuming that others have checks and balances in place.
In the UT Article, “He also predicted that foreclosures will continue at high levels for the next 12 months because of the weak economy. But unlike last year, he said this year’s foreclosures are being snapped up in many markets, including San Diego.” The market in many areas of San Diego is saturated with many short sales. Many of the short sales have homeowners in them not making mortgage payments and in the foreclosure process while trying to short sell their home. I think the foreclosures at high levels will carry on well past 12 months. Related Blog Post : http://www.responsiblelending.org/mortgage-lending/tools-resources/new-foreclosures-by-state-for.html
Many agents and asset managers speak of the tidal wave of foreclosures that are coming. I wonder why the banks are holding back all of the foreclosures that should be on the market. If the foreclosures are being held back and not put on the market for sale then there is a false sense of inventory. They are foreclosed on or will be soon but the homes are intentionally not being made available to home buyers. Why? Maybe this is to stabilize and firm up the market. But is this real or false stabilization?
The question is by doing this is it creating another problem of false values like the bubble we just came out of. I don’t know but the information needs to be out there for potential home buyers so they have all the facts when buying. Let’s face it, when NAR says something the news and the public listens. Let’s make sure they have all the facts not just the talking points for getting buyers to buy homes.
Is this last spike in sales and home prices in San Diego due to the mass of foreclosures being held off the market and only a trickling of foreclosures being released for sale? Is there a Great Wave of foreclosures coming? Just do a Google search for REO Tsunami and you will have plenty to read.
I think it is a great time to buy a home in many areas of San Diego County in certain price ranges. I think interest rates are low and the $8,000 tax credit is a helping hand for first time homebuyers. I also think that a home buyer needs to be aware that there are many more foreclosure due to hit the market and the word on the street is that the banks are holding back many foreclosures. If you are considering a home purchase in San Diego do your homework and gather all of the facts.
Union Tribune Article - http://www3.signonsandiego.com/stories/2009/aug/19/real-estate-expert-sd-leading-edge-recovery/
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Foreclosures
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San Diego Relocation San Diego Home Search by Map
San Diego Home Buyers San Diego Home Sellers
San Diego House Values Local Real Estate Information
San Diego Real Estate Blog San Diego Short Sales
San Diego Foreclosures San Diego Green Homes
San DiegoListing Book
All Information is believed to be correct but not guaranteed.
Posted in Tierrasanta, National City, Paradise Hills, North Park, Normal Heights, Point Loma, College Grove, Mission Hills, San Ysidro, El Cajon, San Diego Real Estate Blog, San Diego Market Report, San Diego Real Estate News, San Diego Foreclosures, Spring Valley, La Mesa, Lemon Grove, Ocean Beach, Downtown, East County, South Bay, Chula Vista, Central Inland, Central Coastal, San Diego Real Estate, North County Coastal, North County Inland, Carlsbad, Del Mar, Rancho Bernardo, San Marcos, Vista, Poway, Escondido, Oceanside, 4s Ranch, Blogroll | 4 Comments »
Monday, August 3rd, 2009
San Diego Real Estate Blog
San Diego Listing Book
We are Listing Book Agents and all use Listing Book to help you with your San Diego Real Estate needs. Dawn Lewis and The Dawn Lewis Team all use Listing Book to help you buy and sell your San Diego home or condo. We are local San Diego Real Estate Agents that use Listing Book to help our clients find a home in San Diego County. These Listing Book Tools are also essential in Listing and Selling a Home or Condo as well. Please sign up for our Listing Book Tools FREE to help you with your San Diego Home Buying Search.
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We have signed up with Listingbook to use their real estate search tools to better serve our clients in their San Diego Home and Condo search. Listingbook has the best real estate buying tools to assist San Diego home buyers in their real estate search. Listing Book is the future of finding a home on the internet and has the best real estate searching capability out of all the tools today.
We are proud to be users of Listing Book and we believe offering it to our clients and potential clients will create a better real estate experience for the buyers, sellers, and agents in San Diego County, California. Please sign up for our Listing Book San Diego tools and allow us to help you buy or sell your San Diego Home.
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Dawn Lewis
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If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Foreclosures
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All Information is believed to be correct but not guaranteed.
Posted in National City, La Mesa, Bonita, Mission Hills, Del Cerro, Lakeside, Santee, San Diego Market Report, San Diego Real Estate News, San Diego Relocation, San Diego Real Estate Blog, San Diego Foreclosures, Old Town, Clairemont Mesa, San Diego MLS, Cardiff, Rolling Hills, Chula Vista, South Bay, Carlsbad, Encinitas, Poway, Rancho Penasquitos, Fallbrook, San Diego House Values, Solana Beach, San Diego Real Estate | No Comments »
Thursday, July 2nd, 2009
San Diego Real Estate Blog
San Diego Realtors Conference and Expo 2009
The annual Realtors Conference and Expo will be held in my town, San Diego California. San Diego couldn’t have been a better choice for the 2009 Realtor Conference. Who wouldn’t want to come to San Diego anyway? Now Realtors in other parts of the country will truly understand why San Diego is America’s Finest City. And why real estate in San Diego is priceless. The event is being held at the San Diego Convention Center in Downtown San Diego from November 13 – 16. Some of the guest speakers are Condoleezza Rice, Sugar Ray Leonard and Reba McEntire. Our great city will be gracious to all Realtors throughout the country coming to San Diego to experience this great event and the finest city in America.
Info from Realtor.org about the San Diego Real Estate Event.
THE 2009 REALTORS® CONFERENCE & EXPO
Chart your winning course through today’s turbulent economy!
The 2009 REALTORS® Conference & Expo delivers money-making strategies to help you succeed. 
Four days of intensive training from real-world speakers in top-rated sessions.
Substantive programs for everyone who makes their living in real estate – brokers, agents, commercial practitioners, property managers, international specialists, and IT professionals.
Watch this week’s tip from a 2009 Conference speaker!
Sail confidently through troubled waters!
REALTORS® Expo has new ideas, products, and services to increase your productivity.
Ask questions, compare features and strike your best deal with 500 exhibitors, all under one roof.
Learn about opportunities to expand your market working with immigrants, foreign investors, and Americans buying property abroad.
Be part of a winning crew!
Network with the most successful real estate professionals in the country.
Build your referral network and increase sales opportunities.
A boat load of fun!
First REALTORS® Conference & Expo in San Diego!
Enjoy a wide-range of Conference special events, including the REALTORS® Celebrity Concert starring Reba McEntire.
Combine business and fun — the Convention Center is right on beautiful San Diego Bay and in the center of nightlife, shopping, and dining!
Make sure you don’t miss out. See you in San Diego!
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Foreclosures
San Diego REO Listing Agent
San Diego Real Estate San Diego MLS
San Diego Relocation San Diego Home Search by Map
San Diego Home Buyers San Diego Home Sellers
San Diego House Values Local Real Estate Information
San Diego Real Estate Blog San Diego Short Sales
San Diego Foreclosures San Diego Green Homes
All Information is believed to be correct but not guaranteed.
Posted in Coronado, Poway, 4s Ranch, Downtown, North Park, San Diego Real Estate News, San Diego Real Estate Blog, Rancho San Diego, Solana Beach, Del Mar, Central Coastal, North County Coastal, San Diego Real Estate, Central Inland, South Bay, Carlsbad, Chula Vista, Carmel Valley, Blogroll | No Comments »
Monday, June 29th, 2009
San Diego Real Estate Blog
With San Diego real estate moving in an upwardly direction over the past couple of months recent interest rates could slow home buying activity. Home buyers in San Diego have been, in some areas of the county, fighting over homes that come up for sale. Many San Diego home buyers have offers in on short sales and jump all over the bank owned REO foreclosures the day they hit the market. Unfortunately the bank owned REO’s already have offers on them the day they come up for sale and sometime even before they show up in the MLS.
This has many home buyers frustrated and wondering what they have to do to get a house or condo in today’s San Diego Real Estate Market. Another issue that has been waiting to rear its ugly head is interest rates. When interest rates rise home buyers see their purchasing power reduced. Keep in mind when interest rates go up the monthly payment for a homebuyer also goes up and sometimes more than what they are comfortable with. Many times the lender will have to reduce the purchase price of what the homebuyer can qualify for.
This scenario can also have a real negative effect on the real estate market in general. If a home buyer wanting to buy a home has had a certain purchase price and monthly payment in mind for a certain size and quality of home and then they’re told that they can’t buy the same home at the same monthly payment, many of them will decide not to buy. Some will wait for the homes that they were recently able to buy at a certain price range to come down into the loan amount of what the comfortable monthly payment is that they had already had their hearts set on. Some of them won’t be able to afford the same home they thought they could buy and won’t settle for less of a home now. These factors could show a decline in demand and then a decline in home prices. We’ll have to wait and see. Oh, and don’t forget about the foreclosures to keep the median home price in San Diego from gaining too much ground. There are a few years of that left.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Foreclosures
San Diego REO Listing Agent
San Diego Real Estate San Diego MLS
San Diego Relocation San Diego Home Search by Map
San Diego Home Buyers San Diego Home Sellers
San Diego House Values Local Real Estate Information
San Diego Real Estate Blog San Diego Short Sales
San Diego Foreclosures San Diego Green Homes
All Information is believed to be correct but not guaranteed.
Posted in Tierrasanta, Imperial Beach, Mission Valley, College Grove, Downtown, Point Loma, San Ysidro, Julian, San Diego Real Estate News, Ocean View Hills, San Diego Market Report, San Diego Real Estate Blog, Santee, San Diego Foreclosures, Rancho Penasquitos, Poway, South Bay, Chula Vista, Central Inland, Central Coastal, San Diego Real Estate, North County Coastal, EastLake, Windingwalk, San Diego House Values, 4s Ranch, Solana Beach, Oceanside, San Diego MLS, Encinitas, Blogroll | 1 Comment »
Sunday, March 8th, 2009
 San Diego Real Estate Blog
This $10,000 tax credit in the state of California only applies to homes that have never been occupied and purchased between the dates of March 1, 2009 and March 1, 2010. The California home buyers must also reside in the home as their primary residence for at least 2 years from close of escrow.
A qualified home buyer is:
A taxpayer who purchases a single-family residence, whether detached or attached, that has never been occupied, that is purchased to be the principal residence of the taxpayer for a minimum of two years, and that is eligible for the homeowner’s exemption under California Revenue and Taxation Code Section 218.
A qualified principal residence – new home is:
-A qualified principal residence means a single-family residence, whether detached or attached, that has never been occupied and is purchased to be the principal residence of the taxpayer for a minimum of two years and is eligible for the property tax homeowner’s exemption.
- Types of residence: Any of the following can qualify if it is your principal residence and is subject to property tax, whether real or personal property: a single family residence, a condominium, a unit in a cooperative project, a houseboat, a manufactured home, or a mobile home.
- Owner-built property: A home constructed by an owner -taxpayer is not eligible for the New Home Credit because the home has not been “purchased.”
The State of California has set aside $100,000,000 in tax credits for new home buyers. This program is on a first come first serve basis and once the allocated new home tax credit money is gone it’s over. Make sure if your California real estate agent is unfamiliar with this tax credit you let them know about it. You should also contact your accountant. Some details include that the tax credit amount is equal to either five percent of the purchase price or $10,000, whichever is less. Taxpayers must apply the total tax credit in equal parts over 3 successive taxable years which is a maximum of $3,333 per year beginning with the taxable year of when the new home is purchased. This can also be used in addition to the $8,000 First Time Home Buyer Tax Credit in the Stimulus Package.
If you are interested in applying you will need to:
- Do the following within 7 days of close of escrow on your New California Home.
- The seller must complete Part I of Form 3528-A which is the Application for New Home Credit and certifying that the home has never been occupied as well as provide a copy to the buyer or escrow person.
- The buyer will complete Parts II & III of Form 3528-A.
- The escrow person on behalf of the seller and buyer will fax the completed Form 3528-A to FTB at 916.845.9754, and provide a copy to the buyer.
- Fax is the only delivery method that will be accepted and considered for credit allocation by FTB, as the date and time stamp on the fax will determine the order in which credits are allocated.
- Fax only one completed application per residence with all qualified buyers listed. Do not include information on nonqualified buyers. An incomplete application may delay or prevent credit allocation.
- Do not fax the application to FTB before escrow closes.
- Do not fax the application to FTB more than once. We will process the applications in the order received as quickly as possible.
- Escrow companies should only send one application per fax transmission.
- The buyer keeps a copy of the completed Form 3528-A for their records.
- The State of California Franchise Tax Board will have a fill able Form 3528-A online soon. In the meantime, if you fill out the form by hand, please print numbers as clearly and neatly as possible using CAPITAL LETTERS and staying between the lines. The faxes can be very hard to read.
For more information please visit the State of California Franchise Tax Board link.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Foreclosures
San Diego REO Listing Agent
San Diego Real Estate San Diego MLS
San Diego Relocation San Diego Home Search by Map
San Diego Home Buyers San Diego Home Sellers
San Diego House Values Local Real Estate Information
San Diego Real Estate Blog San Diego Short Sales
San Diego Foreclosures San Diego Green Homes
All Information is believed to be correct but not guaranteed.
Posted in Downtown, Del Cerro, Mission Hills, Mission Valley, Coronado, Clairemont Mesa, Poway, San Marcos, Vista, Normal Heights, North Park, San Diego Market Report, San Diego Real Estate News, Ocean View Hills, San Diego Real Estate Blog, Spring Valley, Imperial Beach, La Mesa, Santee, Mira Mesa, 4s Ranch, East County, South Bay, Carmel Valley, Central Inland, Central Coastal, San Diego Real Estate, North County Coastal, North County Inland, Chula Vista, Otay Ranch, Encinitas, Oceanside, San Diego House Values, Carlsbad, San Diego New Homes, Rolling Hills, Sunbow, Windingwalk, Blogroll | 4 Comments »
Wednesday, March 4th, 2009
San Diego Real Estate Blog
San Diego - First Time Home Buyers Only – 8000 Dollars !
The $787,000,000,000 stimulus bill signed into law has some benefits for first time home buyers. In the bill signed by Obama there is an $8000 first time home  buyer tax credit. This $8000 amount was sized down from $15000 in the original version of the stimulus package. Here in San Diego County California and rich foreclosure environments like Chula Vista in South County San Diego welcomes this first time home buyer $8,000 tax credit incentive.
Some of the details are that the home purchased must be the first time home buyers principal residence. There is a cap of $8,000 if the purchase price is higher than $800,000. A first time home buyer in San Diego or anywhere in the U.S. would be someone who has not owned a principal residence for 3 years. This will only apply to home buyers buying in 2009 so if you’re sitting on the fence of San Diego home buyers this could be the thing that gets you down off the fence and back in the market.
There are also income limits that state single buyers need a modified adjusted gross income of $75,000 or less to qualify for full credit and $150,000 for married couples. If buyers make more income than the amounts stated they could be eligible for reduced credits. Make sure you talk to your accountant about this. The $8000 tax credit is refundable. Buyers will have to own the home for at least 3 years if they want to capitalize fully on the tax incentive. The tax credit will have to be returned to the government if they sell early. There are situations that will be exceptions to this rule.
Make sure you contact professional tax consultants for full factual information on this $8,000 First Time Home Buyer Tax Credit.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Foreclosures
San Diego REO Listing Agent
San Diego Real Estate San Diego MLS
San Diego Relocation San Diego Home Search by Map
San Diego Home Buyers San Diego Home Sellers
San Diego House Values Local Real Estate Information
San Diego Real Estate Blog San Diego Short Sales
San Diego Foreclosures San Diego Green Homes
All Information is believed to be correct but not guaranteed.
Posted in Coronado, Ocean Beach, Linda Vista, Vista, Valley Center, Rancho Bernardo, San Marcos, Mission Valley, Otay Mesa, San Diego Real Estate Blog, San Diego Market Report, San Diego Real Estate News, San Diego Foreclosures, Santee, El Cajon, Lakeside, Poway, 4s Ranch, Central Inland, East County, South Bay, Central Coastal, North County Inland, San Diego Real Estate, North County Coastal, Chula Vista, EastLake, Encinitas, Oceanside, San Diego House Values, Carmel Mountain, San Diego New Homes, Otay Ranch, San Miguel Ranch, Blogroll | 6 Comments »
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