limerick: 1st Time Homebuyers, Now What?
- 03/03/09 07:47 AM
By now everyone has heard of, whether you agree with it or not, the stimulus package signed into law by our new President. Included is the $8000 tax credit for first time homebuyer's that NO longer needs to be repaid as long as it is your principal residence for at least 3 years. I want to get more into what the steps first time homebuyers will go thru, but before doing so, here are the basic terms of the tax credit at a glance: -Tax credit is for 1st time buyers only-Credit does not have to be repaid as long as … (0 comments)
limerick: Real Estate is on Sale
- 04/23/08 06:30 AM
I attended a conference last week and found some of the comments shared there to be quite compelling. The best comment I have heard regarding the current real estate market was made by Terry Watson, one of the funniest speakers I have ever heard. He made a great point saying that when department stores, or wherever you shop for consumer goods, have sales we are lined up at the door hours before the store opens and then we beat each other up just to get that product that is on sale. Yet when Real Estate is on sale everyone tends to … (2 comments)
limerick: Collegeville and Philadelphia Area Home Prices Remain Steady
- 10/23/07 08:05 AM
A recent article in the Philadelphia Inquirer has helped to ease the concern area homeowners have had about the local Real Estate market. The article entitled: What Is Your Home Worth? The region's housing market is healthy despite national troubles appeared in the Sunday September 23 edition and was written by Real Estate writer Alan J. Heavens. Readers will find the following findings in first few paragraphs of the story: "Observers of the local real estate market say the eight-county Philadelphia region has so far managed to dodge the crashing prices that have beset some other major U.S. metropolitan areas....an Inquirer … (0 comments)
By now everyone has heard of, whether you agree with it or not, the stimulus package signed into law by our new President. Included is the $8000 tax credit for first time homebuyer's that NO longer needs to be repaid as long as it is your principal residence for at least 3 years. I want to get more into what the steps first time homebuyers will go thru, but before doing so, here are the basic terms of the tax credit at a glance:
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