Posts Tagged first time home buyer

08.27.2009

FHA and VA Rates Down at Month’s End

With FHA and VA mortgage interest rates down here at the end of August it really could be one of the best times to refinance or buy in modern American history. There is still an abundance of available homes to be purchased and the First Time Home Buyer’s Tax Credit ends in just a little [...]

05.16.2009

First Time Home Buyer Tip

If you have been renting, especially an apartment, you likely are short a key element to home ownership: window treatments. When I was growing up we just said, “curtains”. Of course that included drapes, shears, rods, tie backs … the list.
The Complete Photo Guide to Window Treatments: DIY Draperies, Curtains, Valances, Swags, and Shades
I know [...]

03.27.2009

Adults – 23% of Them to Buy New Homes

Polls and surveys can be very skewed or deceiving – especially when conducted online without filters. In other words 1 in 5 people who fill out an online survey who say they intend to buy a new home within the next 6 to 12 months does not science make. A recent survey conducted by Move.com [...]

02.14.2009

Section 1006 in a Nutshell (First Time Homebuyer’s Tax Credit)

Information on the previous First Time Homebuyer’s Tax Credit from the IRS.
This information is contained in the text of the second half of HR1-2009-111th Congress
The tax credit, in the form of a 15 year, interest free loan, has been raised from $7,500 to $8,000. The required recapture period has been changed from a prorated period [...]

01.16.2009

Who qualifies for the $7500 first time home buyers tax credit?

The first time home buyers tax credit is available to anyone who purchases a new home before July 1, 2009 and who has not owned a home during the previous 36 months.
It does not matter how the home is paid for or purchased but there are income limitations to qualify for the first time home [...]

12.30.2008

First Time Home Buyer

To the seasoned home buyer today’s economy and real estate industry condition are a little frightening to say the least. One would assume, then, that this is not a good time to be a first time home buyer. The truth, however, is quite the opposite.
The existing home owner is more likely to have existing “baggage” [...]

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