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homebuyer tax credit: Important Tax info if you bought a home in 2010 - 01/17/11 08:24 AM
With 2010 behind us, there are many tax related considerations for those fortunate enough to have bought last year. From property taxes to income taxes and even home buyer tax credits- purchasing a home can have a huge positive effect on your tax bills.
Property Taxes
The start of a new year always marks the imminent deadline to file for homestead exemptions in Florida. Here in Central Florida the exemption can add up to $700/yr or more of savings, but it's important to know how and when you can file.
Each County in our area has a different procedure for filing … (6 comments)

homebuyer tax credit: USDA Rural Development loans expecting to run out of funds by late next month - 03/11/10 09:57 AM
 
Updated information- Check it out below
I normally hate titles that are meant to scare people into reading but unfortunately this time there is no exaggeration to the severity of the issue. USDA Guaranteed Rural Development loans, one of the best low/no down payment financing programs left, has recently announced they expect to be out of the funds they use to guarantee loans by late April. If no action is taken by Congress to re-appropriate more funds then it will be the next budget year, after October, before we have this financing option again.
But the Tax Credit deadline is looming
… (46 comments)

 
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Gerry Suarez Jr- Your FHA Loan Pro!

Mount Dora, FL

More about me…

Mortgage Financial Group, Inc.

Address: 725 E. Alfred St, Tavares, FL, 32778

Office Phone: (352) 742-7900

Cell Phone: (352) 516-9884

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Local information regarding Mortgage lending in Central Florida including Orange, Seminole, Osceola, Lake, Volusia and Marion Counties. Also providing up to date information on HUD and government loan programs, and first time buyer programs. I'm required to tell you I'm not acting on behalf of HUD/FHA or the US Government!


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