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first time home buyer tax credit: Orlando First Time Home Buyers - Get off the fence and Get behind it - 03/14/10 08:40 AM
Orlando First Time Home Buyers your free $8000 Tax Credit is set to expire really soon. That's right in less then 48 days the first time tax credit will expire and you will have missed out on one of the greatest home buying perks ever!
Plus if you are a move up buyer you can qualify for the $6500 tax credit but again that expires in 48 days as well. If you are on the fence now is the time to get off it and behind it instead!
 

So how do you qualify for the $8000 or $6500 tax … (4 comments)

first time home buyer tax credit: New FHA Rules Could Cost First Time Home Buyers Thousands for Waiting - 01/22/10 04:35 PM
New FHA guidelines were announced earlier this week. Over 30% of all new loans are FHA loans. One of the biggest rules I feel that will impact First Time Home Buyers is the reduction of seller contributions to buyers closing costs. Until recently a seller could give up to 6% the maximum amount of costs a buyer would every experience in closing costs. 
 
Under the new rules which will begin in late Spring or Early Summer is reducing that amount from 6% to 3%. Meaning that as a first time home buyer you would not only have to come up … (4 comments)

first time home buyer tax credit: First Time Home Buyer Tax Credit Recipients around Orlando - 01/22/10 04:13 PM
In a previous blog First Time Home Buyers are running out of time to collect the tax credit I talked about how there are now less then 100 days left in this program. What most people dont realize is that for many first time home buyers that make $50,000 or less a year receiving a free $8000 cold hard cash from Uncle Sam is like receiving a 15% increase in pay. 
 
I wanted to show you some of the First Time Home Buyers like yourself in the Orlando area that have recently closed on homes and received $8000 from the government … (16 comments)

first time home buyer tax credit: Your Running Out of Time on the First Time Home Buyer Tax Credit - 01/20/10 09:25 AM
Your Running Out of Time on the First Time Home Buyer Tax Credit. Did you know there are only 100 days left to get in on this great incentive? That's right at 11:59 pm of April 30, 2010 the tax credit will expire and the likelihood of it being extended is pretty grim.
For most first time home buyers it takes time to find the right house, you could get lucky and find the right house and get your offer accepted in just a matter of days, however for most that doesnt seem to be the case. This process can sometimes … (3 comments)

first time home buyer tax credit: Orlando First Time Home Buyers - Free $8000 for those who get off the fence - 12/13/09 09:02 PM


You have probably heard about the extension of the first time home buyer credit. 
If you are a first time home buyer and purchase prior to April 30, 2010 you can receive up to $8000 in free money.That's right free, no repayment.* Now you are probably thinking I dont want to have to wait until I file my taxes next year to get that $8000. Even better news, you dont have to.
That's right you can contact a CPA to have them amend your 2009 taxes and get you that $8000 as soon as you close on your new home. Already purchased a home this … (0 comments)

first time home buyer tax credit: Oviedo Bank Owned Home for Sale - 12/05/09 05:44 PM
Oviedo Bank Owned Home for Sale in Alafaya Woods. This bank owned home is in fairly good condition and needs just a little TLC. The bank is highly motivated and has price this home charming 3 bedroom, 2.5 bathroom 1,683 sq ft home at $126,000. Alafaya Woods is just minutes from the 417, University of Central Florida (UCF), Waterford Lakes and many shops and restaurants.
This home would be the perfect starter home for a First Time Home Buyer or an Investor. For the First Time Home Buyer purchase this home prior to April 30 and qualify for the $8000 tax … (4 comments)

first time home buyer tax credit: It's Official The First Time Home Buyer Tax Credit has been Extended - 11/05/09 03:17 PM
Orlando Home buyers you have heard it hear first. The Extension of the First time Home Buyer tax credit and addition of the move up buyer credit is official it has passed the house and senate and sits for the President to sign tomorrow. IF you want to go to my previous post to read more about the Home Buyer Tax Credit. 
 
This is great news for people selling Orlando Real Estate and Lake Mary Real Estate and for home buyers of all kinds to take advantage of the low prices, low rates and now the free money. 
(2 comments)

first time home buyer tax credit: First Time Home Buyer Tax Credit Extension - Something to be Happy About - 11/05/09 06:56 AM
Orlando & Lake Mary First Time Home Buyers have something to be happy about this morning. The First Time Home Buyer Tax Credit has passed the Senate last night with a majority vote of 98-0. Now the bill goes to the House where it could be voted on as early as today.
 
The passing of this bill is great news, but what's even better is this tax credit not only applies to first time home buyers but to home owners looking to purchase a move up home. I think this is the last little boost the housing sector needs to … (3 comments)

first time home buyer tax credit: Lake Mary First Time Home Buyers - Last weeks to get the $8000 tax credit - 09/30/09 03:51 PM
Lake Mary First Time Home Buyers have you been sitting on the fence thinking about buying, really wanting to buy so you can take advantage of the free $8000 tax credit out there. Well dont sit too much long as the deadline for the tax credit is fast approaching. Many of you know the incentive runs out on November 30, 2009
That's almost 2 months away, I have plenty of time. WRONG! The standard FHA financing deal takes a minimum of 45 days now thanks to Regulation Z. With that being said lets say you put a contract in this weekend … (0 comments)

first time home buyer tax credit: Lake Mary First Time Home Buyers - Last weeks to get the $8000 tax credit - 09/30/09 03:47 PM
Lake Mary First Time Home Buyers have you been sitting on the fence thinking about buying, really wanting to buy so you can take advantage of the free $8000 tax credit out there. Well dont sit too much long as the deadline for the tax credit is fast approaching. Many of you know the incentive runs out on November 30, 2009
That's almost 2 months away, I have plenty of time. WRONG! The standard FHA financing deal takes a minimum of 45 days now thanks to Regulation Z. With that being said lets say you put a contract in this weekend … (1 comments)

first time home buyer tax credit: Orlando First Time Home Buyers - Half-Million Dollar Challenge - Race to use your $8000 tax credit - 08/13/09 06:01 PM
Are you a First Time Home Buyer in Orlando or know one? If so you can partake in our Half Million Dollar Challenge, we are setting out to put a half million dollars back into the hands of Orlando First time home buyers! Tell your friends, family, co-workers anyone that is thinking about purchasing their first home about the Half Million Dollar Challenge and this blog. We are down to just a few final months of the $8000 Tax Credit.
So what is this Half-Million Dollar Challenge for Orlando Home Buyers? For every first time home buyer who purchase a home, … (2 comments)

first time home buyer tax credit: $8000 First Time Home Buyer Tax Credit can be used as Down Payment Assistance - 05/27/09 03:36 PM
You heard right, you can now use your First Time Home Buyer tax credit as your down payment on a home .
WHAT? I heard that you couldnt do this. Well now you can.
Beginning July 1, those who quality for the federal $8,000 first-time homebuyers tax credit will be able to apply for downpayment assistance before they close on the purchase of their home, and then repay the amount borrowed when they get their tax refund. The program will operate through local county housing administrators, though details are still being worked out
Great news for Seminole County First Time Home … (11 comments)

first time home buyer tax credit: First Time Home Buyer Tax Credit - Orlando & Lake May Buyers GREAT NEWS!!! - 05/11/09 10:54 AM
If you are a first time home buyer in and around the Orlando and Lake Mary areas there is great news for you. You probably already know about the $8,000 First time home buyer tax credit available to you if you purchase prior to Dec. 1 2009.
However here is the even better news. Until recently you could not use these funds as a down payment on a home, you would get the money after you closed and amended your tax return. Local and state government have devised a plan to allow you to borrow the $8000 upfront from the local … (3 comments)

first time home buyer tax credit: Live in Lake Mary for less then $900/mo - New Construction Townhomes - 04/03/09 06:01 PM
Have you dreamed about living in Lake Mary? Looking for new construction? 
I have negotiated a deal with a local builder who is trying to sell off their inventory right here in Lake Mary. There is a limited quantity of these units availble at this pre-negotiated price. These are NOT condo conversions and are newly built.
Community features a pool and playground, easy access to I-4, 417 and all that lake mary has to offer.
All monthly payments include (HOA, Taxes, interest, insurance and mortgage principle), all you need is $3500 to move in. With this home purchase you qualify for … (1 comments)

 
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Heather the Realtor - Orlando, Lake Mary First Time Home Buyers, Bank Owned Homes

Orlando, FL

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RE/MAX Central Realty

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Heather Unger's blog is for those looking to gather information on Central Florida's Real Estate Market including areas such as Orlando, Lake Mary, Baldwin Park, Lake Nona, Longwood, Seminole County, Winderemere, Winter Park, Thornton Park & College Park.
In her blogs you will find information on how the current and local market is for all types of buyers and sellers from first time home buyers to the luxury real estate market, where to find the next deal in new construction and bank owned properties (REO) or how to get your home sold quickly. Better yet check out her website www.HeatherTheRealtor.com.
Here you can also find her video blog showing her recent appearances on HGTV's House Hunters and other great real estate videos, plus information on local communities and areas.


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