first time buyer tax credit: $8,000 FIRST TIME BUYER TAX CREDIT - CHECK RECEIVED !!!! - 05/30/09 08:33 AM
Sheldon Neal an agent in New Jersey shares a first time home buyer tax credit check... buyer closed "last month."
Via Sheldon Neal ~ That British Agent ~ Bergen County NJ (Bergen County, NJ - RE/MAX Real Estate Limited):
This is an actual check from one of my First Time Buyers who bought a home last month, and immediately filed his 2008 tax return - which he had already filed an extension for - and this week received the above check !
... before his home purchase, his return was going to give him a refund of approximately … (0 comments)
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first time buyer tax credit: $8,000 First Time Homebuyer Tax Credit - Approved by FHA/HUD 5-29-09 - But buyer BEWARE !!! - 05/29/09 01:41 PM
Believe me if I knew of a local lender who was telling the story to buyers I'd be linking to them or Re-Blogging their content.
I got back from an appointment to see this on ActiveRain.
Nothing in my mailbox from local lenders but maybe they are spreading the word to buyers directly.
This is from Jeff Belonger a lender in New Jersey.
Buyer Beware you can NOT use the tax credit for downpayment. Read Jeff's post:
EDIT Comments have been disabled by the author
comment on Jeff's blog!
Via Jeff Belonger -- The FHA Expert.com -- FHA Loans -- … (2 comments)
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first time buyer tax credit: Columbus First time buyers take your $8,000 up front... EDIT - 05/12/09 02:26 PM
Edit It's NOT happeing...
Or your "up to $8,000." (It is a 10% tax credit.)
First Time Home Buyers Tax Credit
Breaking News from the National Association of REALTORS® Mid Year meetings:
"The biggest news was HUD Secretary Shaun Donovan’s announcement that funds from the $8,000 First-Time Home Buyer Tax Credit would be available for FHA financing, which would permit home buyers to monetize their tax credits for down payments. He promised additional details about this in his keynote address. Stay tuned for more info!"
A loan up front? Stay tuned to this blog as more … (5 comments)
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first time buyer tax credit: Columbus First Time Home Buyer Tax Credit - income limits - 05/09/09 05:51 AM
Columbus First Time Home Buyer Tax Credit - More Real Advice Tax Credit Income Limits
Who is eligible?
Single buyers with incomes up to $75,000 and married couples with incomes up to $150,000 are eligible to receive the maximum tax credit.
From the National Association of Realtors
"If the Buyer(s)’ Income Exceeds These Limits, Can He/She Still Get a Credit?Yes, some buyers may still be eligible for the credit.The credit decreases for buyers who earn between $75,000 and $95,000 for single buyers and between $150,000 and $170,000 for home buyers filing jointly. The amount of the tax credit decreases … (3 comments)
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first time buyer tax credit: Buying a home, it's about time - 04/10/09 09:39 AM
Buying a home is all about timing
Finding that home is all about timing
Purchasing the home is all about timing - the *CBR real estate purchase contract is about time
How long is that offer open to the seller. How soon you will close on the home. When you will have that pre-approval letter. When you will have your financing appproved. When you will do any inspections you feel are necessary before closing on the home. The drop dead time that the seller is going to know that you have released the inspection contingency in your contract after you … (3 comments)
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first time buyer tax credit: Could you use an extra $8,000? - 04/05/09 07:10 AM
Important information about the economic stimulus package.
Lesser of 10% of cost of the home or $8000 tax credit All principal residences (single family, condo, fee simple townhouse) are eligible Refundable Income limit of $75,000 ($150,000 for couples) First time home buyer (someone who has not owned a principal residence in 3 years) Can use local or state revenue bond financing as well, MCC OHFA No repayment (homes purchased after January 1, 2009) Recapture (if home is sold within 3 years) Ends December 1, 2009 Effective January 1, 2009 Central Ohio is very affordable.
The image is an ecard from … (5 comments)
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first time buyer tax credit: New OHFA Incentive to lend Up to 3% of the Sales Price in Anticipation of the 8,000 Federal Stimulus. - 03/19/09 02:33 PM
More about the Federal Stimulus plan and a new OHFA program from a NE Ohio lender.
This is a Re-Blog of information provided by Cleveland area mortgage expert, Tim Bradford of American Midwest Mortgage.
The OHFA program does not start until 3/30/2009.
Via Tim Bradford (American Midwest Mortgage):
This is a pre announcement about a program that OHFA will have available effective March 30, 2009. The short and sweet is that OHFA will be lend Qualified Buyers up to 3% of the Sales price in anticipation of the buyer recieving the Federal Tax Credit Stimulus as part of the … (0 comments)
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