Home Buyer Tax Credit - Possible Pitfalls - 08/23/10 12:32 PM
Home Buyer Tax Credit - Possible Pitfalls
Recently, I read some articles pertaining to homeowners who took advantage of the Home Buyer Tax Credit and then sold that home within a short amount of time. The common thread was that the homeowner seemed unaware that selling the property, within three years from initial purchase, could result in a significant unexpected tax bill. As real estate professionals, we need to be aware of potential future consequences relative to the Home Buyer Tax Credit so that we can advise our clients to seek professional guidance should the situation call for it.
I believe that during the … (3 comments)

FHA Loans: Gaining Popularity - 08/18/10 04:26 PM
FHA Loans: Gaining Popularity
Working as a real estate broker with Integrity Residential Brokerage, I've noticed a significant increase in buyers utilizing FHA loans.  FHA Loans are mortgages issued by lenders and insured by the Federal Housing Administration (FHA). This federal government insurance gives lenders some assurance that they will be repaid if the borrower defaults. Even with the popularity of FHA loans, many buyers do not understand the potential benefits of these loans. Below, are some frequently asked questions about FHA Loans.
Are FHA Loans Only For Low Income Borrowers?  The good news is FHA loans are available to everyone. There are no income restrictions. Similar to most … (3 comments)

 
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Catherine Condon - Pepperell MA Homes - Middlesex County - Hillsborough County

Pepperell, MA

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Short Sales - Integrity Residential Brokerage

Address: Pepperell MA 01463, Townsend MA 01469, Groton MA 01450, Westford MA 01886, Hollis NH 03049, Brookline NH 03033, Dunstable 01827, Middlesex County, Hillsborough County , Pepperell, MA, 01463

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