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home buying: Stimulate your home purchase in 2009 - 03/01/09 09:53 AM

As stimulus package was signed into law this past Wednesday, speculation about the housing provisions in it ceased. During the course of congressional negotiations we went from a $15,000 tax credit to nothing, and everywhere in between.
The simple facts Under the $787B recovery package, first time homebuyers (that make less than $75,000/year) are eligible to get an $8,000 tax credit that does not require repayment, if they purchase a primary residence from January 1st, 2009 through December 31st, 2009. The credit is refundable - If the annual tax liability is less than the credit, the taxpayer will receive the difference in a … (1 comments)

home buying: Buying a New Home? Check the builders inventory - 05/05/07 01:59 PM
If you've ever gone shopping to Wal Mart or somewhere and have seen (or bought) a 50-pack box of Kleenex that was on special for $4.99, this post will make a lot of sense to you. Home builders, just like grocery stores have inventories and when those inventories age, meaning when those already built homes sit on the market awhile, the builder will do the same thing: deep discount them. Unlike supermarkets, builders have additional reasons to discount their homes. Usually, the type of financing the builder gets from their bank to construct new homes is very closely related to how … (0 comments)

 

Erion Shehaj - Houston Real Estate Broker

Houston, TX

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Signature Real Estate

Address: 2640 Fountain View Suite 226, Houston, TX, 77057

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Cell Phone: (713) 922-2702

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