Arnold, CA

Up to $18,000 in tax credits available for First Time Homebuyers Until March 2010!

You don't need to be a first time buyer to get a $10,000 credit in California...

New $10,000 Tax Credit for New Home Buyers in California

California lawmakers approved a new budget that included a $10,000 tax credit for home buyers, the largest home-buyer incentive ever offered in US history to date. Here's what you need to know. The $10,000 tax credit is for any home buyers that purchase a new home between March 1, 2009 and March 1, 2010.

• This is NOT limited to first-time buyers;
• There is NO income limitation; and most importantly
• You do NOT have to pay it back, as long as you remain in the home for 2 years.

The bill, however, only set aside $100 million for this tax credit, so after 10,000 new homes are purchased, the credit is gone - so don't wait.

The credit CAN be utilized along with the new $8,000 first-time home buyer's credit made available by the new Stimulus Plan.

This means that if you're a first-time home buyer, and you purchase a qualified new home in California that costs more than $200,000, you'll get $18,000 in tax credits that you do not have to pay back, if you're a first-time home buyer and you purchase a new home that remains your primary residence for three years.

It's important to note that qualified home buyers will receive the tax credit, in equal amounts, over 3-years. If your tax credit is $7,500, you will receive a tax credit of $2,500 each year for three years. If your tax credit is $10,000, you will receive a tax credit of $3,333.33 each year for three years.

Finally, there is no down payment requirement to receive the $10,000 tax credit, although you will likely have a down payment requirement to secure a mortgage in today's market, at least 3.5% if you use FHA financing. The good news is the Stimulus Plan also restored the higher maximum loan limits of $729,750 for FHA and conventional loans for 2009.

This is largest home buyer tax credit ever offered in US history, let alone California. If you have even been thinking about buying a new home in California, give us a call before it's too late. Don't miss out on this great opportunity to buy the new home of your dreams.

If you would like to discuss the dynamics of what is happening or would like information and real estate opportunities in the Bear Valley, Arnold, Murphy's, Angels Camp and Copperopolis area please email me at Daniel@BigTreesRealty.com or go to www.BigTreesRealty.com call me at 1 209 795-4218 By clicking here you can search like a Realtor.

Market Report, Arnold CA Vacation Homes, Cabins, Properties in Arnold Ca

Arnold Homes, Cabins in Arnold, Arnold Ca Vacation, Cabins and Cottage Rentals

For a list of Arnold Cabins. Arnold Vacation Homes available in Arnold California, Click Here

For Free Access to Search the MLS Like a Realtor Click Here

17 Homes sold in April. Most homes sold in the $270,000 Price range.

Call Dan Seider for at 1 209 795-4218 for specific market information or go to www.BigTreesRealty.com

There have been 11 closing in the last 30 days.

There are currently 21 homes pending sale. The market is showing quite a bit more activitity. Days on Market is slowly reducing.

If you would like to discuss the dynamics of what is happening or would like information and real estate opportunities in the Bear Valley, Arnold, Murphy's, Angels Camp and Copperopolis area please email me at Daniel@BigTreesRealty.com or go to www.BigTreesRealty.com call me at 1 209 795-4218 By clicking here you can search like a Realtor.

CA Market Report, Arnold CA Vacation Homes,Cabins, Properties in Arnold Ca

Arnold Homes, Cabins in Arnold, Arnold Ca Vacation, Cabins and Cottage Rentals

For a list of Arnold Cabins. Arnold Vacation Homes available in Arnold California, Click Here

For Free Access to Search the MLS Like a Realtor Click Here

17 Homes sold in April. Most homes sold in the $270,000 Price range.

Call Dan Seider for at 1 209 795-4218 for specific market information or go to www.BigTreesRealty.com

There have been 13 closing in the last 30 days with an average price of $229,000,

There are currently 16 homes pending sale.

Activity seems to be slighty up although it still considered very slow to what would be a more balanced market

Arnold CA Market Report, Arnold CA Vacation Homes,Cabins, Properties in Arnold Ca

Arnold Homes, Cabins in Arnold, Arnold Ca Vacation, Cabins and Cottage Rentals

For a list of Arnold Cabins. Arnold Vacation Homes available in Arnold California, Click Here

For Free Access to Search the MLS Like a Realtor Click Here

17 Homes sold in April. Most homes sold in the $270,000 Price range.

Call Dan Seider for at 1 209 795-4218 for specific market information or go to www.BigTreesRealty.com

Blue Lake Springs Subdivision. A great place to Buy a Mountain Cabin or rent a vacation Home

Blue Lake Springs is one of the most wonderful subdivision for a Mountain get-a-way in the Sierra Nevada. www.blsha.com If your looking for mountain recreation for yourself and your family this is the place with a wide range of recreation facilities. Membership, which is mandatory, costs $377.00 per year and includes 2 lakes, swimming pool, 4 tennis courts, basketball courts, badminton, shuffleboard, snack bar and dining at the Snowflake Lodge. The main attraction, snow flake lodge is a 9,000 square foot. member exclusive clubhouse with a full service restaurant serving the some of the best food on the mountain. What is special about this facility is that it operates a summer recreation program from Memorial Day to Labor Day weekend. They also have available many recreational programs and activities such as swimming classes, crafts, movies, theme bingo, water aerobics, campfires, water polo and weekly kids camps. Many home-sites are located on or near the beautiful Sequoia Woods Golf Course and Country Club. www.sequoiawoods.com This private club has reciprocal golf privileges with over 80 courses and offers group or private lessons, golf vacations and an active social calendar. Fee's for the club is $5,500 (includes lst year dues) and yearly dues are $1,500 for non-residents and $1,850 for Calaveras residents. Currently there is a special for membership of $2,900 for the first year. Blue Lake Springs obtains their water from the Blue Lake Springs Mutual Water Company with association with CCWD. The basic water fee is $558.00 per year. Most homes in this area are on individual septic systems. Many people who purchase second homes in Blue Lake Springs place them on vacation rental programs http://www.bigtreesvacationrentals.com/ to help with costs. For more information on purchase properties in Blue Lake Spring go to http://www.danseider.com/

Blue lake springs unit 1-13 include all the recreation facilities while Unit 14-16 of Blue Lake Springs has never been annexed into the homeowner's association, thus does not have access to their recreational facilities. It is located adjacent to Pine Brook subdivision and is known forbeing a quiet, less busy area, suitable for either full-time or second home residences. Homeowners here can elect to join Klines gym, Sequoia Woods Golf Club or enjoy the many lakes such as White Pines Lake. Some of the land surrounding these units consists of large, undeveloped acreage parcels. Kenneth Demuse developed this 2036 unit subdivision that is currently developed with over 1800 homes in 1963