Dave Voight's (dvoight) Blog

Homebuyers have until April 30th 2010 to find a home and get it under contract in order to qualify for the homebuyer's tax credit. If they can do that by midnight on Friday, April 30th, they will likely be eligible to qualify to pick up a check from the Federal government for up to $8000. But, on...

When selecting a home inspector, you should definitely not go with the cheapest inspector.  There are home inspectors in the Metro Atlanta area that charge anywhere from $150 per inspection and up.  In my experience, every home inspector that I have seen that charges less than $325 has not been g...

As of May 29th, 2009, you may now use the $8000 First Time Home Buyers Tax Credit toward your closing costs or additional down payment with an FHA loan.  See article below for the exact press release statement. U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan Announces New FHA Loa...

Governor Sonny Perdue signed House Bill 261 in May providing an $1,800 tax credit on home purchases in Georgia during the next six months. The Georgia tax credit takes effect on June 1, 2009 and is available on single family residences including condos.  The amount of the credit is $1800 or 1.2 p...

You are ready to buy a house, where do you start?  Your first step in your home search should be to contact a lender, unless you are a cash buyer.  This is extremely important for a number of reasons.  They will be the ones to let you know about the current programs, how much money you will need ...

When you purchase your next property, it is very important to look at the school districts.  A home that is located in a school district with poor test results or rankings, will typically sell for less than if the same home were located in a good school district.   If you purchase a home in a goo...

Section 121 of the IRS tax documents allows you to exclude the gains you make on the sale of your principal residence if you meet the following criteria. You must own and occupy the residence for 2 of the last 5 years. This is available only once every 2 years. You can exclude up to $250,000 in g...

The $8000 tax credit for first time home buyers is a significant incentive to purchase a home. This is a credit not a deduction, which means it directly reduces the taxes owed - dollar for dollar.  This gives the new home owner directly as much as $8000 cash in the pocket at tax refund time. The ...