First Time Home Buyer Tax Credit Extension?

There’s talk of an extension for the first time home buyer tax credit. There’s been a number of bills introduced to congress having to do with this extension. The latest potential extension gives it another 6 month run.  Congress just passed a bill extending the credit for service members only for a year.  It might […]

Time Almost Run Out for Tax Stimulus

The first time home buyer $8000 tax stimulus expires on December 1st, 2009. You will need to be closed by this date. Due to recent regulation and market activity, it is not uncommon for a loan to take 60 days to close.

This means if you do not have an accepted purchase agreement on a home by September 30th, 2009, it may be too late!

First Time Home Buyers Should Find a Home Soon

If you are a first time home buyer and are considering purchasing a home and benefitting from the first time home purchase tax stimulus, you will want to stop thinking and start looking.

Should You Sell Now?

If you have been wondering whether or not you should sell your overmortgaged home, the following information should answer your question.

Deed in Lieu or Short Sale?

When trying to avoid an imminent foreclosure, the borrowers should be aware of their options. I have found that currently there are two options to eliminate the loan, short sale or deed in lieu of foreclosure.

How To Get a Great Deal in the Current Real Estate Market

The real estate market these days is constantly changing. Today’s market is a strange one. There are always really good deals to be found, but because of the current explosion of buyers on the market, they can be difficult to find. There are a few ways to get a real steal in real estate.

10 Reasons to Own Instead of Rent (not what you’d expect)

We’ve all heard the familiar reasons to own instead of rent. “Build equity”, “invest in your future”, “stop paying someone elses mortgage”, “forced savings plan”, etc. I have constructed a list of own-not-rent motives that you may not have thought about.

$8000 Stimulus Tax Credit Details

So you’ve probably heard about the stimulus tax credit for first time home buyers, but you may qualify even if you’ve owned before. A first time home buyer is someone that has not owned a property as their principle residence in the last three years.

First Time Home Buyer’s Guide – Part 2

The question I come across most often from first time home buyers is, “How do I get started?” This series of blogs will get you up to speed on what you need to do to get prepared and walk you through the whole process. This blog takes you through getting pre-qualified with a lender.

First Time Home Buyer’s Guide – Part 1

The question I come across most often from first time home buyers is “How do I get started?”. This series of blogs will get you up to speed on what you need to do to get prepared and walk you through the whole process.