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Entries Tagged as 'First Time Homebuyer'

First-Time Homebuyer? The Time to Buy is Now!

September 2nd, 2009 · 2 Comments · Mortgages, Real Estate

If you have been following the media circus over the past year or so and in particular, the onslaught of news reports regarding the housing market, it is understandable to be very wary about listening to a real estate agent stating that it is “time to buy”. But the signs are there, and it isn’t [...]

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FHA First-Time Buyer $8000 Tax Credit Allowed as Down Payment?

May 22nd, 2009 · No Comments · Mortgages

The Federal Housing Administration (FHA) last week announced they were in support of  a program that would allow approved lenders, nonprofits, and state and local governments to fund short term loans that could be used as down payments to be repaid once the borrower received the tax credit. Congress approved the tax credit in February’s [...]

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FAQs on the $8000 First-Time Homebuyer Tax Credit

April 9th, 2009 · No Comments · Consumer Debt, Mortgages, Real Estate

Back in February, we wrote a post about the (then) proposed $15,000 Home buyer Tax Credit. Although we were all hopeful that it would come to fruition at that dollar amount, by the time all was said and done it came through Congress but at a reduced level of $8000.
The good news is, it did [...]

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What’s in the Stimulus Package?

February 17th, 2009 · No Comments · Consumer Debt, Consumer Info

The New York Times published an article on Monday Feb 16 about what exactly is in the stimulus package. You know, that bill President Obama is signing into law today worth a bezillion dollars, is 1000+ pages and is supposed to pull us out of this economic slump? I’m convinced no one knows [...]

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