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Posts Tagged ‘first time home buyers’

I met for dinner last night with a bunch of my old buds from my Duke Power (Energy) days.  I spent the better part of my adult life there working with a bunch of great folks, and we still get together occasionally.  This dinner (euphemism for beer and nachos) was on the occasion of the [...]

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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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For those of you who love to look at numbers and draw conclusions, here are some residential real estate stats from December of ’09 for our Carolinas Multiple Listing Service area of Mecklenburg and surrounding counties.  My own opinion is that positive change in average price numbers is worth considering to a degree, but the contract [...]

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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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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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With Congress and the President signing the extension of the first time home buyer tax credit and the expansion of tax credits to include some repeat buyers, details are starting to be published on both of these programs.  The first time home buyer program continues to pay up to $8,000 for purchase of a primary [...]

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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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News reports are telling us that the Senate has agreed in principle to extend the first time home buyer tax credit, allowing it to act as an incentive to first time home buyers who go under contract by end of April, 2010 and close by end of June, 2010.  They’re also working on the possibility [...]

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