Qualified buyers may receive up to $50,000, or 35% of the purchase price, whichever is less, towards the purchase of a home located in West Sacramento from the City’s First Time Homebuyer Assistance Program.   

Interested buyers must first attend a homebuyer workshop presented by NeighborWorks HomeOwnership Center Sacramento Region (NeighborWorks).  A homebuyer workshop will be held at the Community Center, 1075 West Capitol Avenue, West Sacramento, CA on July 14, 2012 from 9 a.m. to 5 p.m... Read More

SANTA ANA, Calif., March 8, 2011— CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released negative equity data showing that 11.1 million, or 23.1 percent, of all residential properties with a mortgage were in negative equity at the end of the fourth quarter of 2010, up from 10.8 million, or 22.5 percent, in the third quarter. The small increase reflects the price declines that occurred during the fourth quarter and led to lower values. An additional 2.4 million borrowers had less than five percent equity, referred to as near-negative equity, in the fourth quarter. Together, negative equity and near-negative equity mortgages accounted for 27.9 percent of all residential properties with a mortgage nationwide.

Negative equity, often referred to as "underwater" or "upside down," means that borrowers owe more on their mortgages than their homes are worth.