Congress did not extend the loan limits despite efforts of the California Association of Realtors and the National Association of Realtors. The loan limits of $729,750 expired ion September 30, 2011 and the current limit for a conforming loan is $625,500. Any amount higher than that will be a jumbo loan with a higher interestContinue reading “Extension of loan limits”
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How does the latest Housing bill effect me if I am a Buyer or Seller in Ruby Hill Pleasanton?
Higher Loan Limits will make it easier for buyers in Ruby Hill to get mortgages because those mortgages are more likely to be traded if they are considered conforming. The new law also includes a tax refund for first time home buyers worth up to 10% of a home’s purchase price but no more thanContinue reading “How does the latest Housing bill effect me if I am a Buyer or Seller in Ruby Hill Pleasanton?”
Achievers Realty 