CalHome Program California Department of Housing and Community Development

PURPOSE Enable low and very-low income households to become or remain homeowners. ASSISTANCE TYPE Grants to local public agencies and nonprofit developers to assist individual households through deferred-payment loans. Direct, forgivable loans to assist development projects involving multiple ownership units, including single-family subdivisions. Note: CalHome does not loan directly to …

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7 Reasons to Own Your Home

1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home. 2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale …

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10 Questions to Ask Your Lender

1. What are the most popular mortgages you offer Why are they so popular 2. Which type of mortgage plan do you think would be best for me Why 3. Are your rates, terms, fees, and closing costs negotiable 4. Will I have to buy private mortgage insurance If so, …

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Important Of Probate Services

If the person who has died leaves a will ; In this case one or more ‘executors’ may be named in the will to deal with the person’s affairs after their death. The executor applies for a ‘grant of probate’ from the probate court”s registry. It is a legal document …

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Housing and Community Development (HCD) Programs

The mission of the Department of Housing and Community Development (HCD) is to provide leadership, policies and programs aimed to the preservation and expansion of safe and affordable housing opportunities and to promote strong communities for all Californians. In accordance with its mission statement, HCD s main responsibilities are to: …

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