Friday, June 2, 2023
New Listing - 325 Mette Court, Folsom, CA 95630
Friday, May 12, 2023
Just Listed - 7662 Highland Avenue, Citrus Heights, CA 95610
Thursday, May 11, 2023
Busy time at the California and National Associations of REALTORS board meetings!
In addition to being a Director on the Board, at C.A.R. I am the Vice Chair of the Federal Issues policy committee. This committee advises the C.A.R. board as to what federal policies to advocate for in conjunction with NAR. Pretty cool stuff.
In addition to being a Director on the Board, at NAR I am the Chair of the Federal Taxation policy committee. Last week my committee and our Board of Directors moved internal policy forward to advocate for reduced capital gains for owners of single family and 2-4 unit rental properties who sell to owner-occupants...
It is pretty exciting to be on the forefront of advocating on behalf of our nations 1.5M+ REALTOR® members and millions of property owners. As someone with a Masters Degree in Public Policy, operating at such a high level to advocate for policies that increase homeownership is really awesome. Our next meetings are in the fall and I can't wait!
Friday, April 28, 2023
Just Listed - 3852 Kroy Way, Sacramento, CA 95820 (Tahoe Park)
Thursday, April 27, 2023
Just Listed - 907 Rio Robles Avenue, Sacramento, CA 95838
Thursday, April 6, 2023
New Listing - 7413 Mar Vista Way, Citrus Heights, CA 95621
Wednesday, March 29, 2023
California Dream For All Downpayment Assistance Shared Appreciation Loan - administered through the California Housing Finance Agency (CalHFA)
Buyers who qualify may receive up to 20% of the purchase price of the home (or appraised value, whichever is less) to use as downpayment or closing costs. The 20% is a "silent second" -- meaning you borrow the funds however payments on this second mortgage are deferred for the life of the first mortgage loan. If you were to refinance the loan or sell the home at a later time, the funds must be repaid and a 15% or 20% share of the home's appreciation must be paid as well. The share of the home's appreciation that is due at the time of sale or refinance depends on the income level of the borrower.
- Be a first-time homebuyer. (CalHFA defines this as someone who has not owned and occupied their own home in the last three years)
- Occupy the property as a primary residence; non-occupant co-borrowers are not allowed.
- CalHFA borrowers must complete two levels of homebuyer education and homebuyer counseling and obtain a certificate of completion through an eligible homebuyer counseling organization.
- Meet CalHFA income limits for this program. (In Sacramento County, Placer County, and El Dorado County, the income limit is currently $202,000. In Yolo County, the limit is currently $211,000)
- Be a single-family, one-unit residence, including approved condominium/PUDs
- Guest houses, granny units and in-law quarters may be eligible
- Manufactured housing is permitted
- Condominiums must meet the guidelines of the first mortgage