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tax credit: 2009 First Time Homebuyer's Tax Credit Information- Hurry before it's too late! - 07/08/09 02:17 PM
If you are a First-Time Home Buyer or haven't owned a home in the previous 36 months, you may be eligible for an $8000 1st Time Home Buyer Tax Credit!  You must close on your home purchase by November 30, 2009.  Check out the information provided below or contact Cheryl Powell with Remax Gold  at 704-363-8902 or cherylpowell@remax.net for more details.
Considering the bargain list prices on many homes, record low interest rates and the $8000 1st-Time Homebuyer Tax Credit... now is one of the best times ever to buy a new home.  Hurry before prices increase, interest rates rise and the Tax Credit … (4 comments)

tax credit: $8000 tax credit as downpayment... HUD says program NOT killed! - 05/21/09 11:58 AM
According to my lender sources and The Arizona Herald article "HUD says bridge-loan program hasn't been killed", HUD is still moving forward with a plan to let first-time homebuyers use the currently available tax credit of up to $8,000 as collateral for "bridge loans" to cover the down payment on FHA insured mortgages.
According to the article, HUD spokesperson Brian Sullivan stated that the program details haven't been finalized and would not say when the bridge-loan program would be initiated, or whether it would be substantially different from what originally was announced.
Let's all keep our fingers crossed that this program will be … (9 comments)

tax credit: HUD withdraws option to use $8000 tax credit as down payment... at least for now - 05/19/09 12:07 PM
There's been a lot of buzz in the real estate and mortgage industries about FHA allowing home buyers to use the $8000 tax credit as a down-payment.  However, in this case the government giveth and the government taketh away!
Tuesday May 12, 2009, in an address to several thousand REALTORS® gathered at "The Real Estate Summit: Advancing the U.S. Economy," at the 2009 REALTORS® Midyear Legislative Meetings & Trade Expo in Washington, DC, HUD Secretary Shaun Donovan said that FHA was going to enable home buyers to access the $8,000 tax credit at closing, so the funds can be used as a down payment.  This was to … (0 comments)

 
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Cheryl Powell- SFR,ABR,Broker,Realtor- Remax Executive - Concord NC Real Estate

Concord, NC

More about me…

RE/MAX Executive - The Powell Team

Address: 7752 Gateway Lane, Suite 204, Concord, NC , 28027

Office Phone: (704) 979-7028

Cell Phone: (704) 363-8902

Email Me

I provide professional real estate services to Buyers and Sellers in Greater Charlotte NC, including Concord, Harrisburg, Kannapolis, Mooresville, North Charlotte, Salisbury & their surrounding areas. My specialties include: Resale Homes & New Construction - Relocation - 1st Time Buyer Programs - Investments - Foreclosures - Short Sales. I have the experience, knowledge and dedication that it takes to get the best results. Contact me anytime to discuss your real estate needs! ActiveRain Real Estate Social Network


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