Will the $8000 first-time home buyer’s tax credit be extended?

Robert Freedman of Realtor Magazine recently sat down with Linda Goold, The National Association of Realtors’ director of tax policy, and Samuel Whitfield, an NAR legislative representative to discuss the possibility of an extension.  The tax credit has been, in Freedman’s words,  ”the economic recovery’s workhorse.”  To date, over  1.4 million households have used the [...]

New Improvements to Tax Credit

Of DOW JONES NEWSWIRES – 06/12/2009

WASHINGTON (Dow Jones)–A tax credit currently limited to certain first-time home buyers would expand dramatically under legislation introduced by U.S. Sen. Johnny Isakson, R-Ga.
Under the legislation, any buyer of a home – not just first-time home buyers – would be eligible for a tax credit worth 10% of the purchase [...]

Extremely Cheap Money for Home Buyers

Getting a mortgage in the 3’s! Yes; it is possible as many builders are enticing prospective buyers into pulling the trigger buy buying down their interest rates from an already incredibly low 4.5%.

How to Buy a Foreclosure

Do your homework! Buying can be strenuous enough and buying a foreclosure takes it to another level.