Santa Clarita Valley Real Estate

The City of Santa Clarita is pleased to announce that the California Appliance Rebate program is officially underway. The program, which launched on Earth Day, April 22, 2010, offers rebates to assist California residents in swapping out old energy inefficient home appliances for new, Energy Star qualified items. “The residential sector presents a large challenge and sizable opportunity of protecting the environment through energy efficiency,” said California State Assemblyman and former Santa Clarita Mayor, Cameron Smyth. “Households are the third largest contributor to greenhouse gas emissions in the U.S., behind only the industrial and transportation sectors, and offer potential energy savings in the range of 25 to 30 percent compared with current consumption.” Three residential appliance categories are eligible to receive rebates as part of the program: clothes washers ($100 rebate), refrigerators ($200 rebate), and room/window air conditioners ($50 rebate). Applia

        Owning a home invokes more than a sense of pride and freedom. It is also a long-term investment opportunity. With tax season in full swing, it is a great time to speak to your tax advisor about the tax advantages associated with homeownership. Some of these benefits include: Reduce your taxable income: On your itemized income tax return, you may be able to deduct mortgage interest payments, property taxes and points paid to lower your loan's interest rate. Take advantage of special tax breaks : First-time buyers who get under contract before April 30, 2010, and close by June 30, 2010, may be eligible for an $8,000 tax credit. Some existing homeowners who purchase a new principal residence within the same time frame could get a $6,500 tax credit. Lower tax on capital gains when you sell : When you sell your home, you will not have to pay federal income tax on capital gains of up to $500,000 for a married couple and $250,000 if you are single. This applies

Good crop of foreclosures today. 5+5 near 4,000 sq ft. simi custom home on 2 acres in Castaic. We have smaller homes as well. EZ down payments can start at $100. for qualified properties. Got a house?

The federal tax credit for home buyers was extended and expanded late last year. Qualified first-time buyers may be eligible to receive a tax credit of up to $8,000 on homes purchased before April 30, 2010. Repeat buyers may be eligible for a tax credit of up to $6,500. Click here for more information about the federal tax credit for home buyers, including eligibility requirements. To receive the tax credit, home buyers must comply with the IRS’s documentation requirements, including a fully executed IRS Form 5405. On the form, which is available on the IRS’s Web site, taxpayers provide information supporting their claim of eligibility, such as income and home purchase date. LA Times story The IRS also requires home buyers to submit a copy of the closing or settlement statement that proves the transaction took place. The IRS previously said that the statement should show “all parties’ names and signatures, property address, sales price, and date of purchase.” H

Effective Sunday, January 31, 2010 New Local and Commuter Service Schedules new local and commuter service schedules will be effective as of Sunday, January 31, 2010. New schedules are available on buses and at www.santaclaritatransit.com . Please review the schedules prior to taking your trip for possible impacts to your travel.

Santa Clarita Ca. Wi-Fi is now available for free at the McDonald's throughout the Santa Clarita Valley. At all free standing stores you can walk in fire up your laptop and instantly surf the web. You do not need to purchase anything to use the wi-fi or the restrooms for that matter. Click here for a list of Mickey D's hot spots in the Santa Clarita Valley .

The City of Santa Clarita is proud to announce the Recovery Zone Facility Bond (RZFB) program. RZFBs are tax-exempt private activity bonds authorized by the American Reinvestment and Recovery Act (ARRA) to stimulate the local economy. The program allocated $13,270,000 to the City of Santa Clarita for the purpose of investing in private projects that would benefit the community. “The RZFB presents a great opportunity for local businesses looking to upgrade their infrastructure or expand their existing operations,” commented Mayor Laurene Weste. “This is also another great tool for the City to help attract new businesses to Santa Clarita and create more jobs for our local residents.” The RZFB program provides a wide range of businesses access to tax-exempt bonds typically reserved for governments and a very narrow range of private businesses. RZFBs can be used in place of conventional financing and provide a lower interest rate. For the rest o