Tag Archives: tax credit

First Time Home Buyer Tax Credit Extended for Armed Service Members!

April 30, 2010 marked the expiration date for the $8000 First Time Home Buyer Credit. Many home buyers in the last 12 months took advantage of this wonderful program. However, even though the deadline has come and gone there is … Continue reading

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Home Buyer Tax Credit Update… with a new wrinkle "move up buyers"…

(details may change) It appears that the we are close to hearing that the Home Buyer Tax Credit will be extended through April 2010. First time home buyers and “move up” buyers will be able to take advantage of the … Continue reading

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Attention First Time Home Buyers

The First Time Homebuyer Credit that I blogged about, all the way back in April, ends in six weeks! In order to receive the credit, you must close on your purchase by November 30, 2009.  In order to close by … Continue reading

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4th of JULY WEEKEND STARTS WITH SOME ENCOURAGING NEWS….

As we head into the holiday weekend, the National Association of REALTORS has released the numbers for pending home sales in the month of May. Once again and for the fourth consecutive month the number of pending home sales has … Continue reading

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First Time Homebuyer Tax Credit Can Be Used for Closing Costs

Back in April I blogged about the First Time Home Buyer tax credit. Well in the last couple of weeks there has been a change for the better with respect to the tax credit. FHA- approved lenders can now create … Continue reading

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PENDING HOME SALES RISE 6.7 PERCENT IN APRIL

The National Association of Realtors reported Tuesday its index of sales contracts signed jumped 6.7 percent, far exceeding analysis’ forecasts. It was the biggest monthly gain since October 2001. See the article here. Our numbers certainly reflect what the National … Continue reading

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First Time Home Buyer Credit

In earlier posts I’ve talked about the “Lunch and Learns” that we have for the sales staff. A couple of times each month we’ll gather at noon, eat a nice lunch and hear from an informative guest speaker regarding various … Continue reading

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The Housing and Economic Recovery Act of 2008

I posted recently about the landmark legislation aimed at ending the current downturn in the housing industry, helping homebuyers and strapped borrower and strengthening the housing finance system. John Coneys of National City Mortgage, came and spoke with our agents … Continue reading

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