Still waiting for prices to drop a few more bucks before you buy? There is no doubt you may save money on the purchase price by waiting. But will it really save you money in the end? Possibly Not.
Let’s take one example at look at the numbers. There is a home that is currently...
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Waiting To Buy May Cost You
Home Buyer Tax Credit Closing Date Extended to Sept 30th
Better late than never – as the saying goes! Yesterday, at the end of the day, the Senate passed H.R. 5623 Homebuyer Assistance and Improvement Act. This bill allows those buyers that qualify for the FTHB Tax Credit and entered into a binding contract by...
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Monday Morning Update
What a great weekend. The weather finally realized it was Summer and brought us perfect conditions for Hoopfest and Ironman! There was a ton of news from Washington last week. We have been recovering from the deepest financial crisis since the Great Depression. The...
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Extension for First Time Home Buyer Tax Credit Fails
A bill that would have extended unemployment benefits, as well as extended the closing date for the first time homebuyer tax credit to September 30th, and extended a variety...
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Congress Considers Tax-Credit Extension for Some Home Buyers
Congress is considering an extension for would-be home buyers who are racing to close home sales in order to receive a federal tax credit.
The real-estate industry has warned that...
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New Fannie Mae Guidelines Require 2nd Credit Report
If you’re thinking about applying for a home loan this year, here’s some important news: Beginning June 1, your lender is likely to order a second full credit screening...
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