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National Flood Insurance & Tax Credit Extension Approved!

FROM:       NAR Government Affairs RE:         Tax Credit Closing Date Extension/Flood Insurance Extension DATE:       30 June 2010 After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place […]

Posted in: Home Buyer Tax Credit Tagged: First Time Home Buyer Tax Credit, flood insurance

Military receives extra benefits for First Time Home Buyer Tax Credit

Thinking of relocating to MacDill AFB in Tampa?  Here’s a great article on the benefits for first time home buyers for military personnel Armed service, intelligence service and foreign service personnel on active duty and out of the U.S. for 90 days during any part of 2009 get an additional year to buy their homes […]

Posted in: First Time Home Buyers Tagged: First Time Home Buyer Tax Credit, relocation to MacDill AFB

Home Owner Move-Up/Repeat Home Buyer Tax Credit FAQ

The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April […]

Posted in: Home Buyer Tax Credit, Housing Bill and Tax Credits Tagged: First Time Home Buyer Tax Credit, home ownership tax credit, How does the tax credit work

Exisiting Home Owners qualify for a home owner tax credit

Home Owner Move-Up/Repeat Home Buyer Tax Credit FAQ The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 […]

Posted in: Home Buyer Tax Credit, Housing Bill and Tax Credits Tagged: First Time Home Buyer Tax Credit, home ownership tax credit, How does the tax credit work

NEW Home Buyer Tax Credit Extension-What you NEED to know!

If you are looking to use the first time home buyer tax credit, here is the information on changes and the extension. I’ve also posted links to a spreadsheet that provides more details on changes to the tax credit.   Please take the time to read over the Frequently Asked Questions document as well.  Please let […]

Posted in: Home Buyer Tax Credit, Housing Bill and Tax Credits Tagged: Deadline for tax credit, First Time Home Buyer Tax Credit, Tax Credits

CNN Reports-Senators agree to extend home-buyer tax credit

Here’s an update on the home buyer tax credit which is hopefully going to be EXTENDED until June 2010.  This will make a big impact on Tampa Real Estate, since many buyer’s have now run out of time to purchase a home by Dec. 1st.  Glad to see they are working on extending it! WASHINGTON — Senators […]

Posted in: First Time Home Buyers, Home Buyer Tax Credit, Housing Bill and Tax Credits Tagged: Deadline for tax credit, First Time Home Buyer Tax Credit, New Home Buyer Tax Credit

Realtors Tell Congress to Extend Tax Credit-Tampa, Fl

There is no official news that the tax credit will be extended past the Dec 1st deadline.  Realtors are campaigning to ask Congress to extend the credit for one year. As a Realtor,  I can assure you that the $8,000 first-time homebuyer tax credit has definitely been a success.  Homebuyer interest and housing sales increased […]

Posted in: Home Buyer Tax Credit, Housing Bill and Tax Credits Tagged: First Time Home Buyer Tax Credit, home ownership tax credit

Buyers Face Roadblocks for Dec 1st deadline of homebuyer tax credit-Tampa, Fl

Decision Time Draws Near for First Time Buyer’s Credit While the economy continues to show signs of improvement and many housing markets are beginning to heat up, scores of would-be buyers are still waiting on the sidelines for further positive housing trends. But for first-time buyers, time is running short on the federal government’s $8,000 […]

Posted in: First Time Home Buyers, Home Buyer Tax Credit, Housing Bill and Tax Credits Tagged: Deadline for tax credit, First Time Home Buyer Tax Credit, First Time Home Buying Advice

Home Buyer Tax Credit Down Payment Update

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 […]

Posted in: Downpayment Assistance, Financing and Mortgage News, First Time Home Buyers, Home Buyer Tax Credit, Housing Bill and Tax Credits Tagged: First Time Home Buyer Tax Credit, Tax Credit as downpayment

First Time Home Buyers getting GREAT deals-Tampa, Fl

Hello readers:  I’m posting an article that was in The Tampa Tribune a couple weeks ago. Shannon, the reporter from the times, called me for an interview!  I highlighted the article where she quotes what we disscused regarding the housing market in Tampa Bay. By SHANNON BEHNKEN | The Tampa Tribune Published: March 27, 2009 Joseph […]

Posted in: First Time Home Buyers, First Time Home Buying Advice, Home Buyer Tax Credit, Home Sales Statistics 2009, Housing Bill and Tax Credits, Tampa Housing Market, Tampa Real Estate Market News & Updates Tagged: Best Deals in Tampa, First Time Home Buyer Tax Credit, First Time Home Buyers, Median Sales Price Tampa, Tampa Tribune Article Housing Market

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