Archive for 'Financing'

Enhanced Federal Tax Credit

As you may have heard the Federal Government has announced an enhanced tax credit for first time homebuyers in 2009. The $8000 Tax Credit can be used on all homes purchased between 1/1/09 and 12/01/09. Your tax credit will be equal to 10% of your home’s purchase price, with an $8,000 maximum. Why is this [...]

Free Advice from your Uncle Louie

Now that you have made the decision to purchase a home, you will most likely get all kinds of “free advice” from any and all folks you tell that you are looking for a home. The problem is, almost everyone has been a homeowner at some point and they all have “great advice” to offer you.