Posted on May 31st, 2009 by Tampa Real Estate Insider
Friday the St. Petersburg Times stated that Governor Christ signed a bill to allow for the First Time Homebuyer Credit to be used as down payment and I am getting numerous emails regarding the details so I wanted to take a moment and update everyone.
FHA announced today that it will allow the First Time Homebuyer [...]
Filed under: Downpayment Assistance, Financing and Mortgage News, First time home buyers, Home Buyer Tax Credit, Housing Bill and Tax Credits | No Comments »
Posted on March 26th, 2009 by Tampa Real Estate Insider
GOP Plan Aims to Expand Home Buyer Tax Credits
By Renae Merle
Washington Post Staff Writer
Wednesday, March 25, 2009;
House Republican leaders plan to unveil a housing package today that would increase the tax credits available for home buyers and would direct law enforcement to crack down on mortgage fraud.
Under the proposal, borrowers refinancing their mortgage would be [...]
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Posted on February 28th, 2009 by Tampa Real Estate Insider
Should you buy now? Discounts look favorable in Tampa Housing Market-2009
Here’s a column from today’s St. Petersburg Times: It’s actually the most cut and dry, easy to understand article that I’ve seen. It explains all the ways you can use today’s Tampa Real Estate Market, Low Interest Rates and the National Home Buyer Tax Credit to your advantage. [...]
Filed under: Downpayment Assistance, Financing and Mortgage News, First Time Home Buying Advice, First time home buyers, Foreclosures Tampa, Housing Bill and Tax Credits, Tampa Real Estate Statistics | No Comments »
Posted on February 27th, 2009 by Tampa Real Estate Insider
GREAT NEWS!!!!
We are now able to use last year’s maximum loan limits on FHA which in Hillsborough, Pasco & Pinellas is $292,500
(much better than the &$271,050 we were rolled back to).
Don’t forget about the 8,000 tax credit for home buyers. This is not just first time home buyers, it is for anyone who hasn’t [...]
Filed under: Downpayment Assistance, FHA loan limits, Financing and Mortgage News, First time home buyers | No Comments »
Posted on February 18th, 2009 by Tampa Real Estate Insider
The American Recovery and Reinvestment Act of 2009
ENHANCED HOME BUYER CREDIT
Who Qualifies?: Anyone who has not owned a home for the preceding three years. That means you may still qualify for the incentive even if you and your spouse owned a home more than three years ago.
How Much?: The incentive calls for a credit of [...]
Filed under: Downpayment Assistance, Financing and Mortgage News, First time home buyers, Home Buyer Tax Credit, Housing Bill and Tax Credits | 4 Comments »
Posted on February 2nd, 2009 by Tampa Real Estate Insider
If you’ve been on the fence about buying a home in the Tampa Bay area; you’ll want to read this news article about interest rates.
It’s hard to believe in today’s economic environment, but the overall Bond market, including Mortgage Bonds, are contending with the “I” word this morning…inflation…thanks to Fed member Frederic “Uncle Freddy” Mishkin.
Mishkin [...]
Filed under: Downpayment Assistance, Financing and Mortgage News, First Time Home Buying Advice, First time home buyers, Mortgage Rates, Tampa Real Estate Market News & Updates | No Comments »
Posted on August 19th, 2008 by Tampa Real Estate Insider
The frequently asked question about the new federal tax credit for first time home buyers is “does it have to be repaid”? The answer isn’t exactly a cut and dry and yes or no.
What the government has defined as a first time home buyer is misleading in my opinion. It’s actually a big bonus because it really isn’t just [...]
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Posted on July 18th, 2008 by Tampa Real Estate Insider
Down Payment Assistance could mean buying a home with no money down. One of the biggest struggles with first time home buyers is coming up with the down payment and closing costs associated with buying a home.
The AmeriDream Downpayment Assistance Program was created to overcome the greatest barrier to homeownership, the downpayment. The program provides [...]
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