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stimulus bill: Retiming the New Buyer's Tax Credit Will Turn Thinkers into Denver Home Buyers - 05/15/09 06:04 PM
If you wanted to buy a Denver home and someone said to you, "Here's $8,000 to help you out!" what would your first response be? I'm betting it would be, "Great! Thanks! Can I use the $8,000 on my down payment? Currently, the answer is "No!" but that may be changing.
On May 12, 2009, Secretary of Housing and Urban Development Shaun Donovan, speaking before several thousand Realtors at the Realtors Midyear Legislative Meeting and Trade Expo, told the group that this would change for FHA borrowers. FHA-approved lenders would be able to "monetize" the credits through short-term bridge loans so … (1 comments)
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stimulus bill: An Energy-Efficient Gift from Your Uncle Sam - 03/27/09 10:09 AM
Even if you aren't thinking of refinancing or modifying your mortgage under the President's new housing plan, you can still get some cash from Uncle Sam. You can qualify for a tax credit by making your home more energy efficient or converting your home power supplies to renewable forms of energy. These include wind, solar, geothermal (from the earth), or fuel-cell technology.
How can you take advantage of the tax credit and make your home more energy efficient at the same time? You can receive up to $1,500 in credits for adding or replacing windows, doors, roof insulation, heating and cooling … (0 comments)
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stimulus bill: A Real Credit to Spur Home Sales - 02/20/09 05:34 PM
There are many great reasons to buy a home in Denver, but the recent stimulus bill has just given homebuyers 8,000 more reasons to act now. In the new stimulus bill signed by President Barack Obama on February 16, 2008, first time homebuyers can claim up to $8,000 or up to 10% of the value of the home as a tax credit. The hope is that potential buyers who are deliberating whether to buy now or wait for possible future declines in housing prices will take the plunge.
The amount is less than the $15,000 originally proposed, but unlike the "$7,500 … (0 comments)
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Marianne Bandy, CRS, CDPE, GRI
Parker,
CO
More about me…
Denver Homes - The Bandy Team - RE/MAX Pros
Address: 9200 E. Panorama Cir. , Suite 140, (near SW corner of I-25 & Dry Creek Rd.), Englewood, CO, 80112
Office Phone: (303) 746-7799
Cell Phone: (303) 746-7799
Email Me
News and information related to living in Douglas County and Parker, Colorado. Go to our website at http://www.BandyHomes.com to search all homes and real estate for sale in Parker and the entire Denver metro area. Save your searches & favorite properties, make notes, get email alerts of new Denver listings matching your criteria. Virtual tours, mapping, multiple photos of Denver properties.
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