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 [...]
Posts Tagged ‘first time home buyers’
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 »
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 [...]
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 [...]
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 [...]
First Time Home Buyer Tax Credit Extension?
Posted in Finance, General Real Estate Market, Real Estate, tagged economic recovery, first time buyer tax credit, first time home buyer tax credit, first time home buyers, Iredell County Real Estate, Lake Norman Real Estate, mooresville real estate on October 30, 2009 | Leave a Comment »
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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