Ar_home_b_search
 



first time home buyers: Tic, tok, tic, tok ... the time is running out for 8000 tax credit program by Bo Kociuba, Yukon Realtor - 03/02/10 03:41 PM

 
 
Tic, toc, tic, toc...time is running out for $8000 tax credit program.
As of today, March 2, we only have 58 days left till the expiration of the $8000 tax credit program for first time home buyers and of course $6500.00 tax credit for repeated home buyers.
It takes about 45 plus days from the time of an offer acceptance to the closing table. Not to mention that there is a lot of time needed just to find that right house. If you were thinking for some time to take an advantage of this great financial incentive this … (3 comments)

first time home buyers: First Time Home Buyers tax return forms - by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 01/16/10 03:57 PM
 
                                                     FIRST TIME HOME BUYERS TAX RETURN FORMS

 
Many people are gearing up to file their tax returns. Many of my clients are asking what forms do they need to use to file for their First Time Homebuyers Tax return. I thought about researching the subject and share few things on my blog for the simplicity of it.
Of course the best way is to seek an advice of your friendly accountant or CPA.
A taxpayer who purchased a home on or before Nov. 6 and chooses to claim the credit on an original or amended 2008 return … (5 comments)

first time home buyers: 3BR, 2BA, 2CAR move-in ready in Woodrun in Yukon Oklahoma by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 11/11/09 09:14 AM
… (8 comments)

first time home buyers: Extended Homebuyer Tax Credit signed to law today by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 11/06/09 04:37 PM
President Obama signed the Extended Homebuyer Tax Credit into law today. It is official!
In my previous blog First-time Homebuyers Credit and a provision to Extend for Move -up Buyers I mentioned that I will gather more details for you...
More people are now eligible to take advantage of the law, which includes a $6,500 tax credit for buyers who are current home owners and have lived in their home for five of the past eight years.
 
For more information and complete list of definitions for eligibility please email your request to: Bo@Okla-OK.com or you may call me direct: 405-812-1572 … (3 comments)

first time home buyers: First-time home buyers credit and a provision to extend for move-up buyers passed today! by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 11/04/09 07:21 PM
 
Today the legislation passes 85-2 to extend the first-time home buyers tax credit and a provision to extend the credit to move-up buyers! 
Such high voting makes it virtually certain that the legislation will reach President Obama for his signature this week.
The bill calls for credit to be extended by 7 months and to expire on April 30, 2010. So the first-time home buyers do not have to worry about closing on the house after the November 30th date which was the original deadline. 
The $8,000 maximum first-timer credit will continue and will be now available to couples with … (7 comments)

first time home buyers: TOP 10 LIST before you start looking for new home - by Bo Kociuba, Yukon Realtor, www.OkRealEstateSearch.com - 10/05/09 11:17 PM
TOP 10 LIST BEFORE YOU START LOOKING FOR NEW HOME...

Do an honest evaluation of your income...how much of a payment can you afford. The basic rule is to not exceed 31% of your gross income Make sure that all of your monthly bills are paid on time Revolving accounts need to be below 25% of the current high limit. Most people do not realize the credit bureau deducts for charging too much on your card Locate your last two years tax returns and W-2's ... you can not do a loan without them Locate your last two months bank … (9 comments)

first time home buyers: Scott Champlain your friend and mortgage lender...by Bo Kociuba, Yukon Realtor - 08/12/09 11:46 PM
Are you on the market to buy a new home? Or are you interested in refinancing your home? Perhaps you need to find out about  loans and which one would fit your needs the best?
Call Scott Champlain with the First American Mortgage in Yukon, Oklahoma.
Scott Champlain has been in the lending business for years. He is knowledgeable, professional and friendly. If you seek advise and consultation in order to obtain the best mortgage he is the person to turn to. Because of his extensive expertise he will  assess your situation and prompt you to act with confidence.
As a … (1 comments)

first time home buyers: Time is running out - your 8000 reasons will be gone soon! by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 08/10/09 09:08 PM
Time is running out for the new home buyers...
Your $8000 reasons to buy a new home will expire on November 30, 2009.
FIRST TIME HOME BUYERS TAX CREDIT TOP 10 LIST
Amount of Credit - 10% of purchase price, not to exceed $8,000 Eligible Property - Single family residence (principal residence) Not Refundable- Reduces or eliminates income tax liability, will receive refund for unused amount Income Limit - Single taxpayers with income up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit First Time Home Buyer - Purchaser and Purchaser's Spouse may not have … (7 comments)

first time home buyers: Market is moving - shouldn't you? It's time to get off the fence and find a new home! by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 07/31/09 07:26 PM
Buying a house for a first time or up-sizing? Either way it is the time to take some action NOW!
Why should you make a decision now? Well, let's see....
the housing market bottomed out and is already on the upswing - you can't predict the bottom until it is too late new home sales rose 11% in June existing houses sales in the Mid-West are up by 46% mortgage rates are going up - right now around 6% $8000 First Time Home Buyer credit is still available (click on the link to learn more) FHA loans are available with 3.5% … (0 comments)

first time home buyers: Tax credit can be used for closing costs, downpayment .... by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 06/02/09 10:15 PM
 
  I was just waiting for a couple of days to make sure that this  announcement wouldn't be changed - as it was the last time.
FHA approved lenders are allowed now to issue so called 'bridge loans' that will allow the first time home buyers to use the funds to:
cover their closing costs buy down their interest rate or put down more than the minimum 3.5 percent (the funds cannot be used to cover the minimum 3.5 percent). In short what it means is that the 8K cannot be used toward the downpayment of 3.5 percent. … (10 comments)

first time home buyers: 821 Raintree Mansion in River Mesa, Yukon presented by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 05/15/09 11:33 PM
… (0 comments)

first time home buyers: TAX CREDIT CAN BE USED FOR DOWN PAYMENT - use your 8K now to buy your new home. By Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 05/13/09 09:54 PM
TAX CREDIT CAN BE USED FOR DOWN PAYMENT Just finished reading the news about new announcement from HUD's secretary. In short the First Time Home Buyers will be eligible to use the available 8K tax credit toward their new house purchase as a down payment. That is great news for a lot of new buyers who are waiting to make a decision if they should act now or perhaps wait... The rates are at the lowest point and actually started creeping up..so act NOW and take advantage of the big home investment opportunity. This is a quote from NAR: "Shaun Donovan, … (0 comments)

first time home buyers: Buyer's Assistance Available in Oklahoma State by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 04/21/09 07:06 PM
State Bond funds are going to be available for first time home buyers in Oklahoma State beginning April 28, 2009. Qualified buyers can apply for 5.83% interest rate FHA/VA loan and 3.5% downpayment assistance which is required by FHA (Federal Housing Administration).
Please contact me at 812-1572 for more details.
Happy house hunting to you all!
With smiles, Bo
… (0 comments)

first time home buyers: Why going FHA is the best way? by Bo Kociuba, Realtor, www.Okla-OK.com - 04/10/09 10:44 AM
  Is going FHA really the best way?
For the last few good years FHA (Federal Housing Administration) loans were not so very popular. But this is definitely changing and the attractiveness of the loan once more is appealing to the borrower.
This financing option was born during the Great Depression out of necessity to assist the nation which was facing the greatest financial crisis. With years passing, however, this type of a loan fell out of favor because of housing prices going up and limitations on amount of money which could be borrowed.
Fast forward to today's date and … (6 comments)

first time home buyers: New house in River Mesa, Yukon, OK - 4BR, MIL plan with top ranked schools by Bo Kociuba, Realtor, www.OKla-OK.com - 03/26/09 09:58 PM
… (3 comments)

first time home buyers: 'The Road Map to Homeownership' - my first 'infogathering' with future home owners. By Bo Kociuba, Realtor, www.Okla-OK.com - 03/18/09 11:26 AM
Yesterday was our first 'infogathering' presentation for first-time home buyers  'The Road Map to Homeownership' .   It was a fun and informative evening. Since it was St. Pat's Day we had a some green on our tables in a form of shiny shamrocks but most of the participants were interested in the different kind of green - hard green in a form of money.
There is a huge need for information on the process of first time home buying. Of course, there is a great deal of data available on the Internet. However, from my observation I can definitely conclude that … (2 comments)

first time home buyers: 'The Road Map to Homeownership' - What do you need to do & how to get there? by Bo Kociuba, Realtor, www.Okla-OK.com - 03/09/09 12:04 PM
THE ROAD MAP TO HOMEOWNERSHIP
What do you need to do & how to get there?
How many times have you been thinking about becoming a HOME OWNER?  Do you know where to start? Are you familiar with the process? What are your credit and FICO scores? How to repair them? To rent or not to rent? Is timing the market wise? Do you know anything about what tax credits you may benefit from?
…. Your head is spinning with all these questions!
It is time to get serious. Think about graduating from a renter to a homeowner. Is your family … (0 comments)

first time home buyers: HOME BUYERS - TIPS TO REMEMBER by Bo Kociuba, Realtor, www.Okla-OK.com - 02/22/09 12:30 AM

Before you start your new house hunt:
Check your Credit Report and Credit Score and correct errors. What's in your Credit Report - check it for FREE Credit Report - represents your actual credit history Credit Score - is a number that is an interpretation of your credit history and how likely you are to repay your debt Don't overspend - your housing budget should be no more than 28% of you gross income Get Pre-qualified - learn how much money you can borrow and estimate the closing costs amount Make a list of what you really need in the … (4 comments)

first time home buyers: First Time Home Buyer Tax Credit Top 10 list - by Bo Kociuba, Realtor, www.Okla-OK.com - 02/21/09 09:52 PM

 
 
This is an outstanding opportunity for the First Time Home Buyers.
The Congress has signed into law the legislation providing first time home buyers with a credit of $8000!
Time is of the essence. The home purchase must happen before December 1st, 2009. This is really not a lot of time to check one's credit report, FICO Score, take care of needed repairs or corrections, find a responsible and reputable mortgage lender, shop  for most suitable financing option, finding friendly and knowledgeable Realtor, start the house search quest,  arrange for sale of a current house, include vacations, save for down payment, everyday … (5 comments)

first time home buyers: New $8000 Tax Credit - an update by Bo Kociuba, Yukon Realtor, www.Okla-OK.com - 02/12/09 07:42 PM
Well, we still don't know what is going on exactly...but from what I just recently read in the Inman New the $15K homebuyer credit cut is definitely in compromise.
The proposed Big 15K tax credit was stripped from 789 billion economic stimulus package and is headed for a vote this coming Friday, which is tomorrow.
Instead, the compromise bill is calling for $8,000 tax credit and it will eliminate the need for repayment requirement which is attached to the present bill of $7500.
In a proposed form the tax credit will pertain to first-time homebuyers - those who have not owned the principal residence in … (4 comments)

 

Find OK real estate agents and Yukon real estate on ActiveRain.