Mortgage Help for Home owners

From the Sacramento Bee



42,000 of California’s jobless will get help with mortgages
The U.S. Treasury Dept. announced yesterday it is providing additional funding to a California program to help homeowners struggling to make their mortgage payments due to unemployment. The program, administered through the California Housing Finance Agency (CalHFA) will assist struggling borrowers make up to six months of mortgage payments. Lenders will be asked to match the government contribution.



MAKING SENSE OF THE STORY FOR CONSUMERS

The program aims to help 19,000 unemployed borrowers in California between its November launch and next July. An additional 23,000 borrowers will receive help over the next two years, according to CalHFA estimates.


To qualify for the program, borrowers must be unemployed and eligible for unemployment benefits, and live in the home tied to the mortgage. Borrowers must be fewer than 90 days behind on mortgage payments and meet low- and moderate-income guidelines. Income requirements can be found at http://keepyourhomecalifornia.com/income.pdf.

First Time Home Buyer Program W/Housing Authority - Santa Cruz, Calif.

MCC First Time Home Buyer Program now available!


Great news! The Housing Authority of Santa Cruz County just released the MCC (Mortgage Credit Certificate) allocation for 2010. But there are only 7 available!!!

What does this mean for a new home buyer?

A first time home buyer may qualify for this tax credit of 20%. For example, on a $400,000 mortgage the buyer will recieve about $4,000 a year from the government! That's over $300 per month.This program is by far the best first time buyer program, and not only puts money back in the pocket of the home owners, but also helps them qualify for the new mortgage.

Call me for the details on income and sales price limits

Marlene Henderson, Realtor, Owner/Broker - Ca/Nv
MoeBEST-Henderson Properties and
Property Management
Calif Lic. 00599374
831-429-9091 Office
831-419-9091 Air Phone

www.BestSantaCruzProperties.com

Quintessential Tahoe Cabin on the Edge of Town and the El Dorado National Forest

Quintessential Tahoe Cabin

When a property comes on the market this special, I can't wait to let as many people know as I can.This cabin on the meadow has all the charm you could desire in a Tahoe Getaway property. No fuss, no muss just come relax and enjoy what Tahoe is all about! This Two bedroom, one bath cabin looks out on a meadow in the Eldorado National Forest. Edge of town location removed from the busyness South Shore can be. Call for more info 1-831-429-9091.

Create your own video slideshow at animoto.com.

Lake Tahoe Hideaway

Some of these places are too good to keep to myself.

Imagine, the quiet, the smell of the trees, being able to bike or walk in outrageous areas, the Beautiful Lake close by.... ahhhh -tAHoe!

Call me if you want to know more about this sweet home 831-429-9091

GREAT Real Estate Opportunities

With all the incredible properties out there for sale, it is hard to not want to put everything out there. What I have done here is just put a sampling of properties I come across that I know are terrific locations and prices in locations that can't be beat. Most are Bank Owned (REO's) or short sales. The one auction coming up is A RARE situation in an incredible community at Lake Tahoe. If you have immediate CASH, have always been wanting that family compound built with true quality materials, architechturally stunning and the layout is so perfect, this is it!! CALL ME for the info packet, AUCTION IS JULY 15 on site. THE Back Road, Glenbrook - Lake Tahoe, Nevada. Don't worry there is only one, you won't get lost!!

I always post these great finds on my facebook page since that is the most accessable to the public. You can go on my website to further search the MLS system for more properties and better yet just call me so I can relay propertis that I may not have posted anywhere yet.
This all takes time and I am pretty busy with managing and inspecting too.


http://www.facebook.com/#!/pages/MoeBEST-Henderson-Properties-and-Property-Management/139443654934?ref=ts

Set yourself up for Success

Herb container gardening
My herb garden at home is a container garden. The doorway from our kitchen opens onto a paved area, so this is the perfect answer for my situation. All things being equal, I think this is probably the best style for me. I like the informal jumble of pots by the kitchen door, and I can bring my rosemary and lemon grass in for the winter with very little fuss. The different glazes and textures of the pots lend color to what could have been a very green garden, and containers allow me to adjust soil mixtures to suit specific plants. Window-boxes are another form of container with all the benefits previously mentioned, plus the added attraction of being just outside a kitchen window. To sum up, containers are easy and fun. I highly recommend this style of gardening, especially to those just starting out. Who knows what this could lead too! Tomatoes, pole beans, peas, corn :-), pumpkins. Really live it up!!
Happy gardening

Santa Cruz Ca. Real Estate is Strong and here's the proof!

We all have been waiting to hear "Where is the Market Bottom". Do you see signs of recovery? How long before it's over?
The first thing you need to understand is, All markets are 'Local'. When you start paying attention to 'National Statistics' you are 'globalizing' when you need to be 'localizing'
With that said, let's dive in.
What's been feeding the supply and dragging the prices down? What caused the bubble? The pain and the crushing of peoples plans for their retirements?
There are so many factors and this had taken place over several decades of regulation and law changes by our Government, the Greed factor, dishonesty by many in several areas in our business sector to create the perfect storm of collapse.
In the past several years, the steady price decline has been punishing and only those that have had to sell, 70% being the 'distressed seller' (see past posts), the other 30% seeing signs in their portfolios of unease and deciding to make a move before they have too!!
Well, I can't say it is over and from what I hear at conferences and seminars all by noted professionals in my industry, we are about to see a new wave of properties coming on the market by the 'Banks' holding back REO's.
The bright side is that with this pent-up demand by those wanting to make a change, many renting to see which way the wind is blowing, Buyers are striking in a fevered pitch those REO's, short sales and many of the lower priced homes with multiple offers. The market is primarily focused on the $700,000. and below range and one can get a pretty nice property for that. If you check out the following published info you will get a feel for what is happening. The underlying facts to come away with, are that Santa Cruz is very desirable! No matter what the climate in the markets are, our little hidden gem, is still in demand.
To the 'Outsider' it offers World Class access to natural surroundings that enchant, enthral and effect one in a mystical way. The ability to fit in and grow into what you want to be anywhere in the county makes Santa Cruz such an attractive and receptive home.
To the 'Locals' the traditions, secret spots, natural beauty that is just normal to us, activities that are ingrained, the perfect weather and the varience of riches that keep many of us calling it home.

There is an ambiance to Santa Cruz. It has a draw that is world class and scenery that is UNBEATABLE! I have walked, hiked, run, swam, kayaked, biked, etc. many a spot, Santa Cruz is a destination place, that can satisfy so many pleasures. This demand will not go away any more than the sun will stop shinning.


http://www.santacruzsentinel.com/localnews/ci_15156003