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Archive for the ‘buyers credit’ Category

If you are planning on purchasing a home, either now or in the future, whether you are a first time buyer or buying your second or beyond home, unless you are purchasing for cash, your credit score is one of the most important assets that you have. Current mortgage programs, for the most part, are [...]

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There are 27 days left to get a home under contract and qualify for either the First Time Home Buyer’sTax Credit or the Repeat Home Buyer’s Tax Credit. If you do get a home under contract by then you must close on it by June 30, 2010. To qualify for the First Time Home Buyer’s [...]

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President Obama today signed the bill extending the $8000 First Time Home Buyers Tax Credit. Also include in the bill is a $6500 credit for “move up” buyers, those that have owned their home for at least 5 of the last 8 years. Additionally, this credit is extended for 1 year to those in the [...]

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Contrary to what you might have heard, the $8000.00 Home Buyers Tax Credit has not yet been extended. However, there is agreement among Senate leaders as to the content and extent of the proposal that will authorize an extension. It still has to be determined how it will go to the Senate floor for a [...]

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Trying to decide whether to purchase a home or not? If so, you might want to move quickly. The $8000 Federal Tax Credit, for first time home buyers, expires at midnight, Nov. 30, 2009. Likewise, the Georgia Tax Credit for Home Buyers, of up to $1800. The federal first time home buyers credit (for buyers [...]

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I know that I can. Unfortunately, I do not qualify. But, if you are a first time home buyer, someone who hasn’t owned your own home for at least 3 years, you just might be able to take advantage of this. As of Friday, May 29, 2009, H.U.D. has approved the monetization of the $8000 [...]

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