Real Estate News

Gee, the Solano county real estate news is changing so quickly I haven't kept up the Vacaville Dixon and Solano real estate blog news because as soon as the ink dries the news is old or the limits change. Apparently we are getting all the details on the new mortgage workouts, rates, tax credits, new FHA limits, changes to capital gains law, property tax reductions and a lot more. I would like to wait a few days to let the dust settle and give you the total new up to date information on all of this. FHA has the most sweeping changes in loan limits and their new down payment is at least 3.5% now, this will probably cause the other loans to match their limits. VA loans are still 100% loans, first time homebuyers will be getting the most by having the $8,500 tax credit their first year of owning the home and the newest change is that if they don't sell in the first 3 years, they don't have to pay the tax credit back and there is a deadline on when they can buy. Inventories of homes for sale are quite low in Vacaville, hard to find just what the buyer is now looking for in all of the price ranges below $600,000. Multiple offers exist on most of the decent looking homes in good condition in most areas. New homes are not being built so much anymore, although I can show you some affordable new homes in Vacaville that are coming soon. If you go with me to the builder, you will receive a rebate from me at the close of escrow. The best way to find what you are looking for is to find a good Realtor, as your buyer agent, who knows the market and will keep their eye out for the new listings. BUYERS do NOT pay their buyer agent, we are FREE to you, the buyer and we work on your behalf. Barbara Adams, Realtor  Kappel and Kappel Inc. 401D Davis Street Vacaville, Ca 95688  707-673-7500 Cell 707-471-4068 eFax   Homes/Investment/Land/Ranches VacaHomes.com