ARCHIVED BLOG POSTS
2008
In the Housing and Economic Recovery Act of 2008, a new tax credit provision authorizes a $7,500 tax credit for qualified first-time home buyers. The "tax credit" is more like an interest free loan since the $7,500 has to be paid back over a 15 year period or when the home is sold. The credit is ...
07/31/2008
In the Housing and Economic Recovery Act of 2008, a new tax credit provision authorizes a $7,500 tax credit for qualified first-time home buyers. The "tax credit" is more like an interest free loan since the $7,500 has to be paid back over a 15 year period or when the home is sold. The credit is ...
07/31/2008
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The new housing bill also known as H.R. 3221, the "Housing and Economic Recovery Act of 2008" has been signed into law. Many have been asking, what does this do for the current housing market and for current and future homeowners? In the next coming days and weeks, the bill will be deciphered ove...
07/30/2008
Citinet Mortgage is an Approved FHA Lending Institution
07/30/2008
