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Three Reasons to buy your first home and Take advantage of the Tax Credit

Mayra Espinosa 650-996-8961 San Mateo Short Sale Agent/Foreclosures Certified: Real Estate Agent in Burlingame, CA

Mayra is a license real estate agent, Foreclosure and Short Sale Specialist in San Mateo, San Francisco Bay Area, Santa Clara and Alameda County. If you would like information on current homes available for sale in San Francisco Bay Area or San Mateo, call Mayra at 650-996-8961 or email Mayra.espinosa@prurealty.com or you can visit her website. For all your real estate needs she can help you get started today.

  • To get FREE money: The $8,000.00 Tax credit available for first time homebuyers. That is a tax credit (FREE money) from the government, which you do not have to pay back, as long as you stay in your new home for at least 3 years. Remember the $8,000 tax credit expired April 30. Must be in contract by April 30 and close escrow on or before June 30, 2010. The Tax Credit is not only for the first time homebuyers, homeowners who are move up are also getting 10% of purchase price or $6.500 maximum. Purchase price have to be less than $800,000. There are some income limits.

  • Starting May 1, 2010, The State Government is also offering another $10,000 credit or 5% of the purchase price or whatever is less (purchase primary residence); money that you don't have to pay back and there is no income limit. The new $10,000 the money will be credit to you when you file your income tax. You will receive 3 credits (three equal amounts) for the next three years.

  • Tax deductions: The IRS Let you deduct the interest you pay on your home mortgage, property taxes and in most cases closing cost when you buy a home.

  • Affordability: home affordability is at its highest. Current interest rates are at historically lowest point; home prices are the lowest since 2003. These combinations are making home purchase very attractive.

  • Building wealth: owning a home even now is the best long-term investment you can make. Home prices have fallen in this difficult economic times but appreciation in future years should be expected.

To Read More Reasons to buy your first home today Click Here

If you would like information on homes available for sale or sold home in San Francisco Bay Area, San Mateo Santa Clara and Alameda County, call Mayra at 650-996-8961 or email Mayra.espinosa@prurealty.com or you can visit her website

10 things to do in San Mateo

Soren Darougar Real Estate: Real Estate Agent in Laguna Niguel, CA

Here is a list of 10 things you can do while enjoying time here in the wonderful city of San Mateo. http://travel.yahoo.com/p-travelguide-6895955-nearoid-12791698-radius-10-san_mateo_things_to_do-i-sort-distance

San Mateo Association of Realtors housing expoEducating Consumers about obtaining and owning a home

Mayra Espinosa 650-996-8961 San Mateo Short Sale Agent/Foreclosures Certified: Real Estate Agent in Burlingame, CA

The San Mateo County Association of REALTORS and SAMCAR are urging Real Estate agents to bring their clients to their SAMCAR HOUSING EXPO'09. They hope the consumers will come to take advantage of the information and free source materials being offer to educate consumers about obtaining and owning a home.

Workshops:

First time homebuyers

Baby Boomers and Aging Adults

Real estate investor

Foreclosure prevention

They will have four separate educational workshop speaking areas in the same building featuring local experts and nonprofit organization and. Over forty exhibitors will be there offering information and free source materials about local real estate market. My office Prudential California Realty in San Mateo will be there too.

For more information about Housing Expo09, Workshop and to RSVP go to WWW.SAMCAR.ORG

SAMCAR HOUSING EXPO09

San Mateo County Event Center

Sequoia Hall and Meeting Pavilion

1346 Saratoga Drive, San Mateo

Saturday, May 2, 2009

10:00 am-4:00 pm

FREE Admittance
FREE Parking

Spring menu at Lure

Artur Urbanski: Real Estate Brokerage in Burlingame, CA
Lure Restaurant invites for a spring dinner and opportunity to taste wine from the Halter Ranch Vineyard. Check ythe menu and make reservation!
Lure Restaurant Presents:
Halter Ranch Wine Pairing Dinner
Sunday, April 27, 2008
6:00 p.m.
Enjoy a sumptuous five-course meal crafted by Chef May Yong
to showcase a range of wines from Halter Ranch Vineyard & Winery of
Paso Robles. On hand will be Winery Representative, Jim Whit,
to guide us through the evening’s selection.
Experience how well these wines pair with food, and then stop by
750ml Wine Lounge & Retail Store to purchase your favorites.
Featured Menu
First Course
Kona Kampachi Carpaccio with Strawberries, Radish,
with Pimente de Esplette
Paired with: 2007 Halter Ranch GSM Rosé
Second Course
Spring Risotto with Florida Rock Shrimp, Pea Tendrils, and
Bellweather Farms Ricotta Cheese
Paired with: 2006 Halter Ranch Viognier
Third Course
Pork Shoulder Rillette and Lacquered Pork Belly with Golden Beet
Slaw, and Plum Balsamic Reduction
Paired with: 2005 Halter Ranch GSM Red
Fourth Course
Roast Venison Loin with Spiced Blackberry Sauce with Braised
Baby Greens, and Farina
Paired with: 2004 Halter Ranch Syrah
Dessert Course
Black Currant Mousse and Vanilla Custard Vacherin
Paired with: 2005 Halter Ranch “El Pecado” Port
$120/++ per person
Includes a sparkling wine reception and bottled water service.
Reservations are going quickly, so call (650) 340-9040 today to book your space!
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