Do you have questions about the newly expanded Homebuyer Tax Credit and how it compares to the older version? The NAR released this document that shows a side-by-side comparison of the two, and I hope that it helps you in your home buying decision. You can also visit our site to learn more about the newly expanded home [...]
Time is running out to take advantage of the $8,000 First-Time Homebuyer Tax Credit! Did you know that if you or your spouse has not owned a home the previous three years, you can be considered as a first-time homebuyer? Get more information on the First-Time Homebuyer Tax Credit here. For all things real estate, [...]
“INFLATION IS AS VIOLENT AS A MUGGER, AS FRIGHTENING AS AN ARMED ROBBER, AND AS DEADLY AS A HIT MAN.” ~ Ronald Reagan Wow, I made a major purchase the other day- I bought a tank of gas! With the again rising price of oil on everyone’s mind it is hard to focus on the [...]
First time home buyers who need assistance with down payments and closing costs are now able to utilize the Federal $8000 tax credit in 10 states for those purposes. Ten state housing financing agencies are now offering special short-term second loans to qualified buyers; the loans are little to no interest loans that may be [...]
The National Association of Realtors (NAR) has asked the IRS to help the States make the First Time Homebuyers Tax Incentive available at closing. This way, buyers would be able to use the $8000 stimulus towards their closing costs and down payment instead of having to wait until they file their 2009 taxes. According to [...]
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