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 [...]
Posts Tagged ‘$8000 tax credit’
Real Estate Sales After the End of the Tax Incentives
Posted in Finance, General Real Estate Market, Real Estate, tagged $6500 tax credit, $8000 tax credit, economy, first time home buyers, Home Buyers, home sales, Home Sellers, home selling, housing market, real estate market, repeat home buyers on April 30, 2010 | 1 Comment »
Higher Mortgage Rates, Tax Incentive Deadline Near
Posted in Finance, General Real Estate Market, Lake Norman, tagged $6500 tax credit, $8000 tax credit, first time home buyers, mortgage rates, repeat home buyers on April 9, 2010 | Leave a Comment »
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 [...]
Tax Benefit for First Time and Repeat Homebuyers Not Having Much Effect
Posted in General Real Estate Market, tagged $6500 tax credit, $8000 tax credit, first time home buyers, housing market, repeat home buyers, tax credit on March 26, 2010 | Leave a Comment »
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 [...]
Don’t Wait to List Your Home
Posted in General Real Estate Market, Iredell County, Lake Norman, tagged $6500 tax credit, $8000 tax credit, Home Buyers, Home Sellers on December 29, 2009 | Leave a Comment »
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 [...]
No Point in Listing Too High
Posted in Finance, General Real Estate Market, Real Estate, tagged $6, $8000 tax credit, 500 tax credit, home prices, home pricing, home sales, Home Sellers, home selling, mortgages, tax credit on November 19, 2009 | Leave a Comment »
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 [...]
Making Lemonade
Posted in Finance, General Real Estate Market, Real Estate, tagged $6500 tax credit, $8000 tax credit, first time home buyers, Home Buyers, Home Sellers, home selling, Mooresville, mortgage loans, mortgage rates, repeat home buyers, Troutman Library on November 13, 2009 | Leave a Comment »
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 [...]
Housing Tax Credit Extended and Expanded
Posted in Finance, General Real Estate Market, Real Estate, tagged $8000 tax credit, economy, first time home buyer tax credit, first time home buyers, first time homebuyers on November 5, 2009 | Leave a Comment »
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 [...]
IRS Q&A on First Time Home Buyer Tax Credit
Posted in Finance, Real Estate, tagged $8000 tax credit, first time home buyers, first time homebuyers, home buyer tax credit on September 10, 2009 | 3 Comments »
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 [...]
$8,000 Tax Credit Now Available Up Front
Posted in Finance, General Real Estate Market, Real Estate, tagged $8000 tax credit, first time home buyers, first time homebuyers, HUD on May 29, 2009 | Leave a Comment »
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 [...]





