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House Bill 1523 to Shorten Foreclosure Process to 90 Days

Thinking of Living for Free?  New Law to Expedite Foreclosures…. By SHANNON BEHNKEN | The Tampa Tribune A controversial bill in the legislature would speed up foreclosures in Florida and remove the process from the court system. “This would have a profound and dramatic change on the foreclosure landscape,” said John Byrne, a Tampa lawyer […]

Posted in: Foreclosures Tampa, Housing Bill and Tax Credits Tagged: Foreclosures Tampa, Housing Bill

New Home Buyer tax credit proposal could strenghten housing market

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 […]

Posted in: Downpayment Assistance, Home Buyer Tax Credit, Housing Bill and Tax Credits Tagged: Closing Costs Credit, Housing Bill, New Home Buyer Tax Credit, Tax Credits

Summary of housing bill and how it will effect you. Tampa, Fl

  Get Money into the Financial System Quickly:  The summary below presents all the bill’s provisions, condensed into some general subject headings. Many of these provisions are likely to survive in whatever legislation comes next. The credit markets are nearly frozen. Lenders can’t lend because they are receiving no payments on existing loans. The legislation allowed […]

Posted in: Housing Bill and Tax Credits Tagged: Housing Bill

How does the first time home buyer tax credit REALLY work?

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 […]

Posted in: Downpayment Assistance, First Time Home Buyers, Housing Bill and Tax Credits Tagged: First Time Home Buyer Tax Credit, First Time Home Buying Advice, Housing Bill

Housing Bill Set to Become Law – How will this effect you?

Ballast Point- Tampa, Fl This is the best news article I found that outlines the details of the new Housing Bill and what it will mean to first time home buyers, as well as, homeowners facing possible foreclosure. Our Tampa Real Estate market will see a huge impact from this new law, as many people […]

Posted in: First Time Home Buyers, Housing Bill and Tax Credits Tagged: Downpayment Assistance Program, First Time Home Buying Advice, Housing Bill, Tax Credits

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