i discuss a recent article in the wall street journal that casts some light on why we won’t see an federal tax extension but also stress why it’s still a good time to buy a house.

i discuss an article in the san francisco gate about the federal home buyer tax credit expiring today.

i discuss phase 4 of the home buying process, the closing phase. i also show off my new intro.

i discuss phase 3 of the home buying process, the buying phase.

i discuss phase 2 of the home buying process, the finding phase.

in this video, i discuss the first phase of the home buying process, the looking phase. i also announce “the reside daily bite” is officially on itunes. click here!

in this episode, i discuss a recent AP article that shows the small cost differential between renting vs. owning a home. you can read the artcle here.

i discuss an article about the skinny on those “free” credit report companies. i also give you the website to order your truly free credit report at www.annualcreditreport.com.

in this episode, i discuss a recent article at cnnmoney.com titled “getting a loan will be pricier”.

in this episode, i discuss the value in seeking out free information.

in this episode, i discuss an article from yahoo real estate titled “12 hidden costs to be aware of”. while i don’t believe these costs are hidden, they should be taken into consideration when planning your budget during the home buying process. i keep it simple and short and just name the items. for a complete discussion of each of the 12 items, tune into the reside realtor online radio show, episode 009.

episode 009. 12 costs buyers should know about

• in this episode, i discuss 12 costs buyers should know about and take into consideration as they plan their budgets during the home buying process. you can click to read the complete yahoo news article.

like what you’ve heard? please submit a review to itunes.

LIVE! on fridays. this podcast will be broadcast LIVE! on friday, time to be determined. join us LIVE!

REAL ESTATE SERVICES: are you looking to purchase a home? i specialize in working with homebuyers and first time buyers on the westside of los angeles. contact me to schedule a free 45 minute buyer’s consultation. i can be reached at the studio at 310.391.9191 or david@residerealestate.com

The $100 million allocated for California’s first-time homebuyer tax credits may be depleted in about 10 to 20 days or sooner, according to C.A.R.’s Economics team.  California’s Franchise Tax Board (FTB) plans to begin accepting applications on May 1, 2010 for tax credits up to $10,000 for first-time homebuyers and for homes that have never been previously occupied.  However, the total tax credit allocation for all taxpayers is $100 million for first-time homebuyers and $100 million for new homes, both on a first-come, first-served basis.

C.A.R.’s forecast of 10 to 20 days to deplete the $100 million allocation for first-time home buyers is based on estimated May sales figures and other parameters.  It does not take into account the possibility that buyers scheduled to close escrow in April may delay closing until May to take advantage of the tax credit.  If a shift in closings from April to May occurs, the first-time homebuyer tax credits may be depleted even more quickly than indicated above.

Applications for the California tax credit must be faxed to the FTB after escrow closes.  The FTB will update its website when the 2010 application form and other information become available.

in this episode, i discuss an article i just recieved from california association of realtors’ “realegal” newsletter. they are predicting the monies for the first-time homebuyer tax credit will be gone within 10-20 days and possibly sooner. if you’re sitting on the fence about buying a home, you need to watch this now.

in this episode i discuss several factors that may be contributing to the inevitable rise in interest rates that industry experts are expecting to take place over the next 8-9 months.

in this daily bite, i discuss the interview i did last friday with colette ching, keller williams santa monica for the reside realtor online radio show. we had a great discussion about keller williams culture, how the progressive company is one of the hottest brokerages around. we also discuss the santa monica office, or market center, and what makes us so strong. be sure to check out the entire audio interview on the reside realtor online radio show episode 007.

in this video, i give a quick overview of FHA loans.

THIS IS AN IMPORTANT UPDATE TO RESIDE DAILY BITE 012. in this video,  i discuss the fact that you may qualify for BOTH the federal homebuyer tax credit and california homebuyer tax credit IF you have an accepted offer by april 30, so it is possible to potentially qualify for both tax credits for a total of $18,000 in tax credits. be sure to consult with your tax attorney or cpa to find out if the tax credits apply to your situation.

PLEASE SEE RESIDE DAILY BITE 013 FOR AN UPDATE ON THIS VIDEO and how you may qaulify for both tax credits. in this video, incorrectly stated that it’s not possible to qualify for both but the California Association of Realtors just released information to show how it is possible and this is covered in episode 013. in this video, i discuss and compare the federal home buyer tax credit with the california home buyer tax credit. be sure to consult with your tax attorney or cpa to find out if the tax credits apply to you.

in this episode, i’m joined by my favorite mortgage broker, dean piller. dean came to the office today to record “the reside realtor online radio show” and it gave me the idea to introduce dean to the reside daily bit crowd. we briefly talk about the upcoming radio show in which we talk about “the cost of waiting” to purchase a home. the federal tax credit is set to expire, FHA may be raising the downpaymentt requirements, private mortgage insurance will be increasing, interest rates will be going up, and home values may be rising. this is a great episode for those of you sitting on the fence. you can listen by clicking  epsiode 006. – the cost of waiting.

002. the reside daily bite – the brokers’ open from david doucette on Vimeo.

in this video, i describe what a “brokers’ open” is, complete with air quotes, and why it can be a good idea for a potential homebuyer to visit a brokers’ open in their area.

“Your presentation last night was so great….I hope you continue to do it, I bet it will be very helpful in hooking up hopeful buyers with what seems like a great team of resources! I’m impressed with your knowledge, not to mention your great marketing sense…I am always so excited to meet innovative business people who work smart to get the word out about their services.”

Diane Pirritino

“Thank you so much for allowing me to attend the first time home buyer seminar at your office last evening. I thought it was fantastic. Though I was generally familiar with the home buying process, the format of your program, with the individual speakers, gave me a much better understanding of exactly what happens, why, and by whom. I also think it’s great that you’re doing the podcast and radio show, both from the educational aspect, and for marketing.”

Elizabeth Quinn

“Thanks again for offering that seminar. It was really great. Some stuff we knew, some we didn’t. Plus it’s a great way to get in touch with the professionals out there. I hate to have to go to people that I’m not the least bit familiar with. And overall it was inspiring.”

Mariah Williams

here’s the info for the next seminar, i hope to see you there!

the next seminar is scheduled for thursday, march 25, 2010 from 6:30 – 8:00pm w/ wine, cheese, and healthy snacks.

this seminar is FREE. seating is limited and reservations are required. please email david@residerealestate.com to reserve your spot today!

march’s topic is “first time home buyer’s seminar”

 we will be discussing all things related to purchasing your first home including;

• how do i work with a real estate professional
• how do i obtain financing?
• what is the escrow process all about?
• what happens during a home inspection?

we will have 4 guest speakers discussing their field of expertise;

• david doucette, licensed real estate broker and owner of reside real estate
• mortgage broker
• escrow officer
• home inspector