The announcement that the federal government has finally made a formal decision on the extension of the tax credit is good news. As a real estate agent, the last several months have been very difficult (and stressful) for those of us who are assisting first-time homebuyers. With the (original) deadline of December 1 quickly approaching, my [...]
Entries Tagged as 'First Time Homebuyer'
Homebuyer Tax Credit is Extended and Expanded – Is This Good News?
November 10th, 2009 · 1 Comment · Consumer Info, Mortgages, Real Estate
Tags: $6500 tax credit·$8000 tax credit·First Time Homebuyer·First time homebuyer tax credit·move-up homebuyer tax credit·Tax Credit·tax credit extension
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 [...]
Tags: First Time Homebuyer·housing market·housing recovery·Real Estate·real estate recovery
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 [...]
Tags: $8000 tax credit·boost housing market·federal tax credit·FHA·First Time Homebuyer·First time homebuyer tax credit·HUD·use tax credit for downpayment
