Brayton's Big Bear Blog

First Time Home Buyer Credit

$8000 home buyer tax credit is official. Some points to keep in mind are:

• Available to first time home buyers only.
• The tax credit is not a loan and no repayment is required UNLESS the home is sold within 3 years, then the tax credit must be repaid.
• If you are single and make $75,000 or more, or are married and make $150,000 or more, you do not qualify for the tax credit.
• As always, ask your tax professional for tax advise.

Enjoy the drive up to Big Bear California

We love to have visitors in Big Bear and the snow is unbelievable right now. Before your trip, be sure to plan your route.

There are 3 ways up the mountain and because weather may change and so do road conditions, please check the Cal-Trans site for updates.

 http://www.dot.ca.gov/hq/roadinfo/mtnhwys.htm

If you are thinking of taking advantage of the lower prices for cabins, you may search properties for sale here

The real estate market has been quite a ride the past few years, but still remains a great way to build wealth. You can borrow money on real estate but not on stocks.