There’s talk of an extension for the first time home buyer tax credit. There’s been a number of bills introduced to congress having to do with this extension. The latest potential extension gives it another 6 month run. Congress just passed a bill extending the credit for service members only […]
Real Estate Blog
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The first time home buyer $8000 tax stimulus expires on December 1st, 2009. You will need to be closed by this date. Due to recent regulation and market activity, it is not uncommon for a loan to take 60 days to close. This means if you do not have an accepted purchase agreement on a home by September 30th, 2009, it may be too late!
If you are a first time home buyer and are considering purchasing a home and benefitting from the first time home purchase tax stimulus, you will want to stop thinking and start looking.
If you have been wondering whether or not you should sell your overmortgaged home, the following information should answer your question.
When trying to avoid an imminent foreclosure, the borrowers should be aware of their options. I have found that currently there are two options to eliminate the loan, short sale or deed in lieu of foreclosure.
The real estate market these days is constantly changing. Today's market is a strange one. There are always really good deals to be found, but because of the current explosion of buyers on the market, they can be difficult to find. There are a few ways to get a real steal in real estate.
We've all heard the familiar reasons to own instead of rent. "Build equity", "invest in your future", "stop paying someone elses mortgage", "forced savings plan", etc. I have constructed a list of own-not-rent motives that you may not have thought about.
So you've probably heard about the stimulus tax credit for first time home buyers, but you may qualify even if you've owned before. A first time home buyer is someone that has not owned a property as their principle residence in the last three years.
The question I come across most often from first time home buyers is, "How do I get started?" This series of blogs will get you up to speed on what you need to do to get prepared and walk you through the whole process. This blog takes you through getting pre-qualified with a lender.
The question I come across most often from first time home buyers is "How do I get started?". This series of blogs will get you up to speed on what you need to do to get prepared and walk you through the whole process.