Town of Truckee First Time Homebuyer Down Payment Assistance Program

Town of Truckee First Time Homebuyer Down Payment Assistance Program

Good news for First Time Homebuyer in Truckee, the Town of Truckee is launching another round of first-time homebuyer down payment assistance to help Truckee residents and employees purchase their first homes. Annual Income qualifications apply.

Eligible participants must submit their applications no later than September 8, 2011 at 5pm. Application packages can be picked up from August 9, 2011 at 10183 Truckee Airport Road which is Truckee Town Hall. You can also access applications on Town of Truckee website.

Submit your application to:

JoAnn Anders
P.O. Box 1583
Cedar Ridge, CA 95924

Make sure your application will be received by the deadline of September 8, 2011 at the address above. Truckee Town Hall will not accept any application package.

Applications for Town of Truckee first-time homebuyer down payment assistance will be randomly selected to determine eligibility on September 9, 2011

“First-Time Homebuyer” eligibility is defined as Truckee residents or employess who have not owned a home in the last three years.

This is a tremendous opportunity for Truckee residents or employees who otherwise may not be able to qualify for a regular mortgage. The down payment assistance loan varies around 2-3% and the amount can go up to $90,000 based on qualified income.

Call Ann Nguyen for more information on this great opportunity.

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Posted: August 18, 2011

Tahoe Mountain Club Now Open to Everyone

Tahoe Mountain Club Now Open to Everyone

Tahoe Mountain Club membership is no longer exclusive to homeowners of Old Greenwood, Gray’s Crossing or The Village of Northstar. Now anyone who loves the Tahoe lifestyle can join the club.

Acquiring Tahoe Mountain Club membership means that you can enjoy all the amenities below:

Pavilion at Old Greenwood

The Pavilion at Old Greenwood: Members ’ only Swim, Tennis and Fitness Center, Game Room, Bearfoot Bar & Grill, The Retreat Spa, Kid’s Camp, Bear Necessities Market…available Year-Round

Alpine Club : Members’ only Ski Valet, Storage, and Lounge in The Village At Northstar

Schaffer's Camp at mid mountain in Northstar

Schaffer’s Camp: Members’ only On-mountain Dining at Northstar with private dining, ski-in/ski-out

Old Greenwood Golf: Jack Nicklaus Signature Course, Golf Digest Top 100 Course, Outdoor Terrace Grill

The Golf Club at Gray’s Crossing: Jacobsen/Hard Golf Course, Preferred Member pricing, Priority Tee Time, PJ’s Bar & Grill, Swim & Fitness Upgrade available

The Golf Academy at Old Greenwood: Northern California Finest Learning Facility, 15-acre training complex, Lessons & Clinics, Junior Camps, directed by Keith Lyford who is top 100 Teacher

Wild Goose: Lakeside Dining on the Shores of Lake Tahoe, semi-private dining, preferred member pricing

Wild Goose II: 36’ Grand Craft Commuter Boat on Lake Tahoe, Brunch cruises, Lunch cruises, Dinner cruises, Cocktail cruises, Thunderbird Lodge cruise, availabe for Private Charter

Four-Season Family Fun: Member Events, Kids Camps, New Year’s Eve Party, Summer Carnival, Monthly Member Mixers. Kids’ & Family Mixers, Tennis & Aquatics Programs, Hiking, Biking & Kayaking, Golf Tournaments, Oktoberfest, Member Ski Days, Kids’ Drop-off Camp, Kids’ Camp Nights and MORE!

2011 Membership Rates for Tahoe Mountain Club:

Initiation Fee: $7,500 (reduced from $35,000)

Membership Dues: $350 per month

Tahoe Mountain Club has one of the best Extended Family Access Plan

Extended Family is defined as the vertical relationships of grandparents, parents, children and grandchildren. Members may register their extended family members and their spouses and children with the Club Membership office on an annual basis. An annual registration fee of $100 will be billed at the time of registration for each extended family member and their family.

The registered extended family member and their immediate family will have unaccompanied access to the Club’s Private facilities, as follows:

Schaffer’s Camp: No additional fees

Alpine Club: Daily/Weekly fees apply

Pavilion at Old Greenwood: Daily/Weekly fees apply

An Extended Family Access card will be issued to each registered adult.

The Club will determine on an annual basis specific blackout dates when unaccompanied access will not be available, particularly during peak holiday periods, such as Fourthof July and Christmas Holiday week.

Extended Family Access: $100 annual fee

Unaccompanied Pavilion Access: Must be pre-registered

Daily $10/person – $40 max/family

Weekly $50/person – $200 max/family

I think this is a tremendous opportunity for homeowners who prefer to live outside these resort communities but still want the outstanding amenities that Tahoe Mountain Club offers.

For more information on how to obtain Tahoe Mountain Club membership, please contact Ann Nguyen at 530-545-3458 or email Ann at anguyen@dicksonrealty.com

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Posted: July 16, 2011

$18,000 in Combined Homebuyer Tax Credit for a limited Time

$18,000 in Combined Homebuyer Tax Credit for a limited Time

California Association of Realtors (CAR) just releases this good news for first-time homebuyer:

Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits. To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May 1, 2010, and close escrow between May 1, 2010 and June 30, 2010, inclusive. Buyers who are not first-time homebuyers may use the same timeframes to receive up to $16,500 in combined tax credits if they are long-time residents of their existing homes as permitted under federal law, and they purchase properties that have never been previously occupied as provided under California law.

Under the federal law slated to soon expire, a first-time homebuyer may receive up to $8,000 in tax credits, and a long-time resident may receive up to $6,500, for certain purchase contracts entered into by April 30, 2010 that close escrow by June 30, 2010. Additionally, under a newly enacted California law, a homebuyer may receive up to $10,000 in tax credits as a first-time homebuyer or buyer of a property that has never been occupied. The new California law applies to certain purchases that close escrow on or after May 1, 2010 (see Cal. Rev. & Tax Code section 17059.1(a)(4)). California law generally allows buyers of never-occupied properties to reserve their credits before closing escrow, but buyers seeking to combine the federal and state tax credits will not be able to satisfy the timing requirements for such reservations (see Cal. Rev. & Tax Code section 17059.1(c)(1)(A)). Other terms and restrictions apply to both tax credits.

This is truly great news for first time homebuyer. This generous tax credit combined with low interest rate & low home prices will help put families in their first home. For more questions, you can email Ann at anguyen@dicksonrealty.com

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Posted: March 31, 2010