Category: First Time Buyers

First Time Homebuyer Tax Credit May Return

First Time Homebuyer Tax Credit May Return

First Time Homebuyer Tax Credit May Return Shaun Donovan, Secretary of Housing and Urban Development, said Sunday that the housing market’s July woes were “worse than expected” and that the administration may support a new homebuyer tax credit. In an interview on CNN, Donovan said the administration is “concerned” about the path of the industry. [...]

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Rent or Buy A Home?

Rent or Buy A Home?

First time home buyers have a lot to consider this summer when making the decision to rent or buy a home: interest rates are at all-time lows, there’s still plenty of housing stock and prices are at or near their lowest in years. Still, deciding whether to buy a home or rent an apartment can [...]

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Home Buying – Step by Step

Home Buying – Step by Step

Home Buying – Step by Step Interview and Select Your Mortgage Professional Interviewing and selecting your Mortgage Professional is the most important step when beginning your home buying process and should be your first step, even before selecting a Realtor.  Your Mortgage Professional will carefully review your financial profile and assist in determining how much home [...]

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US Senate: Homebuyers Tax Credit Deadline Extended

US Senate: Homebuyers Tax Credit Deadline Extended

US Senate: Homebuyers Tax Credit Deadline Extended The US Senate passed an amendment to extend the closing deadline for home buyers who qualified for the tax credit pleases Realtors and Homebuyers. The original deadline date of June 30 has now been extended to September 30. This is an extremely important measure as it will help [...]

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1st Time Home Buyer Tax Credit Extended

US Armed Forces 1st Time Home Buyer Tax Credit Extended

The $8,000 first time home buyer tax credit will expire April 30th 2010. However if you are a service member serving overseas during this time you may still take advantage of this benefit because this law will extend your opportunity until April 30, 2011. Any “Service member” serving at least 90 days between January 2009 [...]

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Ends April 30, 2010

First Time Home Buyers Time is Running Out

First-time homebuyers in Southern California are facing a deadline.  Time is running out on the $8,000 tax credit.   To receive the $8,000, first-time buyers will need to be under contract by April 30th of this year. If you had plans on taking advantage of this credit, you should already be seriously shopping for a home.  It is tough times [...]

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