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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

$8,000 tax credit for first time home buyers can now be used as a downpayment!

Tony Marks with Marks and Marks Mortgage just informed me of a great benefit for those looking to purchase a home this year! "We all want to enable FHA consumers to access the tax credit funds when they close on their home loans so that the cash can be used as a down payment." United […]

Posted in: Financing and Mortgage News, Home Buyer Tax Credit Tagged: Downpayment Assistance Program, New Home Buyer Tax Credit

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

St. Pete Times article explains how to buy a 180K home for 121K

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 […]

Posted in: Downpayment Assistance, Financing and Mortgage News, First Time Home Buyers, First Time Home Buying Advice, Foreclosures and Bank Owned, Housing Bill and Tax Credits, Tampa Real Estate Statistics Tagged: current housing market in tampa florida, How to Buy Foreclosures, Investing In Real Estate, New Home Buyer Tax Credit, When is a good time to buy?

New 2009 Home Buyer Tax Credit Info-Tampa, Fl

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 […]

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, First Time Home Buyers, How does the tax credit work, New Home Buyer Tax Credit

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