Saturday, March 21, 2009

C.A.R. Releases Guide to Stimulus Packages

The California Association of REALTORS® has created an easy to use guide to the various federal and state economic stimulus packages. The guide is based on a "Frequently Asked Questions" format and covers the following topics:

American Recovery and Reinvestment Act
•First-Time Homebuyer Tax Credit
•FHA, Fannie Mae, and Freddie Mac Loan Limits
•Other Provisions of the Recovery Act

Making Home Affordable Program
•Home Affordable Refinance
•Home Affordable Modification
•Keeping Mortgage Rates Low

California's 2009-2010 State Budget
•New Home Tax Credit
•90-Day Extension to Foreclosure Process

To read the complete guide in PDF format, please click here.

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