Did The Home Buyer Tax Credit Do The Job?
The last round of the home-buyer tax credit may have had a bigger impact than analysts had previously anticipated. In this article, Thomas Lawler, an independent housing economist in Leesburg, Va, indicates that the latest home-buyer tax credit, and its expiration, may have goosed sales just as much as last year’s tax credit. [...]
Hewitt Financial Group – Income Tax & Financial Planning
Have you filed your tax return yet? If you haven’t, don’t panic. Whether you need personal or business tax or financial planning services, they can help. Contact Hewitt Financial Group for an office or phone consultation. They service clients throughout California.
Hewitt Financial Group specializes in providing the necessary resources to [...]
Good News From Fannie Mae
Fannie Mae announced that it will cover the closing costs on purchases of its foreclosed properties. This means that buyers will receive 3.5% of the final purchase price. The money can be used towards closing costs or for new appliances.
Escrow or closing deadline is May 1, 2010.
Another incentive offered is to only require [...]
Tax Assessment Deadline
(Excerpt: www.assessor.lacounty.gov)
Decline-in-Value – What is it?
In 1978, California voters passed Proposition 8, a constitutional amendment that allows a temporary reduction in assessed value when a property suffers a “decline-in-value.” A decline-in-value occurs when the current market value of your property is less than the current assessed value as of January 1.
Eligibility Requirements
You [...]

Home Affordable Foreclosure Alternative (HAFA) Program
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