Bank Homes for Sale

Picconi talks about all the new things happening and a “break” he got this week. … Buyers “Real Estate” Homebuyers Realtor “Inland Empire

Duration : 0:2:35

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Technorati Tags: Alta Loma, buyers, Corona, FHA, Fontana, For Sale, foreclosure, HOMEBUYERS, Inland Empire, mike, Mr. Kim, Ontario, Painter, Rancho Cucamonga, real estate, Realtor, Repo Home, Repossessed Homes, short-sale, Todd Picconi, Upland, Yvette

Great Buy in Central/Westerly Upland….above Foothill and near Cable Airport…North of 13th, West of Mountain Avenue in Upland…This 4 bedrooms, 1.75 bath home is a single level. Looks like it was formerly used as a board and care facility possibly…complete with handicap ramps at approach and sliders off 3rd and 4th bedrooms along southerly side of home….Still needs trashout…Just Listed and Won't Last…Listing of Art Acosta with ERA Regency Realtors….in a GREAT NEIGHBORHOOD. …

Duration : 0:1:59

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Technorati Tags: buy", Cable Airport, first time buyer, Foothill Blvd, For Sale, foreclosure, HOMEBUYERS, Inland Empire Realtor, Just Listed For Sale, Move-Up Buyer, real estate, Repo Home, Repossessed Home, Todd's Pick of The Week, Upland

A new tax deduction will soon make buying homes more affordable by allowing many American homebuyers to write-off premiums for private and government mortgage insurance.

Congress has just passed a new tax deduction that allows qualified homebuyers to deduct mortgage insurance premiums from their federal taxes. This deduction is designed to help low- and moderate-income families, who must have a household income of $100,000 or less in order to qualify for the full tax deduction. Families with incomes of more than $100,000 and up to $110,000 will be eligible for a reduced deduction. The new tax deduction will be for qualified loans with mortgage insurance that close in 2007.

Homeownership tends to stabilize communities and give people more of a stake in the local and national economy. This new tax deduction encourages that trend, and helps people who want a piece of the American dream get there a little faster. Private mortgage insurance deductibility should help a wide range of home buyers with incomes of $100,000 or less, including minority groups for whom homeownership rates are lagging. Many first time buyers cannot afford to put 20% down, and a loan with private mortgage insurance enables them to own a house for the first time.

Duration : 0:1:38

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Technorati Tags: "tax, 26344, congress, DEDUCTION, HOMEBUYERS, MORTGAGE, Multivu