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Posts Tagged ‘$8000 tax credit’

Today is the end of the First Time Home Buyer and Repeat Home Buyer tax incentives.  To take advantage of one of these incentives, you have to be under contract by the end of the day today (I’m available- call me ).  As we move into the months ahead, we’ll obviously be very interested in [...]

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Here are a couple of things to keep in mind if you plan to buy a house soon (or know someone who does).  First, the deadline for the First Time Homebuyer Tax Incentive of $8,000 and the Repeat Homebuyer Tax Incentive of $6,500 is near.  You’ve got to have your home purchase under contract by the end [...]

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Real estate agents make a living helping people buy and sell homes.  For quite awhile, there have not been nearly enough home buyers or serious sellers to keep us agents happy.  There are always some buyers and sellers out there, and we’re thrilled when we get to help someone, particularly since the funky market has made [...]

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You may have seen my previous posts about the extension of the First Time Home Buyer Tax Credit ($8,000) and the creation of the Repeat Home Buyer Tax Credit ($6,500).  However, I keep running into people who are unaware of these or don’t understand them, especially the time limits on them.  Fact is, if someone plans [...]

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I visited some friends today to discuss listing their home.  We talked about things they should consider doing to put their home in top condition to be the most attractive choice among prospective buyers plus many other things about how we can successfully market and sell their home.  It’ll take them some time to get their [...]

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The good news is that there are buyers out there, especially since the passage of the expanded home buyer tax credit which now offers a tax credit for current homeowners who want to sell their home and buy another primary home (see details HERE). The problem is that some of those people thinking of selling their [...]

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Lemons to lemonade.  Black cloud with a silver lining.  Silk purse out of a sow’s ear. There are a number of expressions that we sometimes hear when someone finds something good in an othewise bad situation.  For example, I work with the Citizens for a Troutman Library.  When the new library was designed, the architect estimated the [...]

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I just read that the Home Buyer Tax Credit has now passed the House and the Senate, both by overwhelming votes and will go to the President for signature in the next few days. President Obama has already said he would sign the bill when it comes to him.  This extends the deadline for first time [...]

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We’re closing in on the final date to be able to claim the up-to-$8,000 first time home buyer tax credit.  Home purchases have to be closed by November 30, 2009.  Since it’s taking up to six weeks from contract to close on home loans, a first time buyer needs to have found the house they [...]

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Great news for first time home buyers that we’ve been hoping for!  Today, Shaun Donovan, secretary of the Department of Housing and Urban Development announced that they’ve worked out the details of allowing lenders to make a bridge loan to first time home buyers for the $8,000 tax credit so that it can be used [...]

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