The homebuyer’s tax credit ends April 30. Thinking of buying? Then the time to act, my friend, is RIGHT NOW!!!!
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The homebuyer’s tax credit ends April 30. Thinking of buying? Then the time to act, my friend, is RIGHT NOW!!!! FHA announced SIGNIFICANT future modifications to its loan program, and this will affect countless thousands of home buyers. Here are the facts. Great detailed information on the qualifications for the newly extended and expanded hombuyers Federal tax credit. The bill primarily is concerned with extending unemployment benefits, and is currently amended to include the extension of an $8,000 tax credit for those buying their first homes as well as an $6,500 tax credit for some borrowers buying a home for a second time. Six things you need to know about the $8,000 first-time home buyer tax credit Buying your first home can be a terrific experience. It’s the American Dream, owning your own home. And with the federal government on your side, you have an added incentive to take the leap and get a place of your own. The $8,000 first time homebuyers tax credit is free money, but there are some things you need to know to make sure you qualify. Sometimes you work with a client who reminds you of why you’re doing what you’re doing. This was one such client for me. In light of the current economy, families are re-prioritizing and finding ways to do more with less. When it comes to housing, some families are also deciding that less is more. Freddie Mac said the average rate for 30-year fixed mortgage dropped 0.21% to an average 5.38% for the week ending June 18. Mortgage rates have been on the rise in the last few weeks, so this decrease is good news for the housing industry. Mortgage applications follow rates, and drop as rates increase. Analysts are [...] Check out this cool online tool – compare neighborhoods side by side and find the perfect place to call home! |
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