ARCHIVED BLOG POSTS
2009
1
Comments
Thought it might be interesting to look at what was happening when people refinanced their home green is the financing the loan was before they refinanced the red is the financing product they moved to when looking at the chart the thing that jumps out is the move toward 30year fixed rate financi...
11/29/2009
1
Comments
HERE IS THE INTERNAL REVENUE SERVICE GUIDANCE ON THE THE TAX CREDITS AVAIABLE First-Time Homebuyer Credit Extended to April 30, 2010; Some Current Homeowners Now Also Qualify IR-2009-108, Nov. 24, 2009 WASHINGTON - A new law that went into effect Nov. 6 extends the first-time homebuyer credit f...
11/24/2009
The Economic Status of the Home Building SectorWithout a doubt, businesses in the home building sector, including related companies in construction supply, home furnishings and other elements of the construction sector, are experiencing the most painful economic downturn since the Great Depressio...
11/23/2009
2010 HIGH COST AREAS LOW INCOME HOUSING TAX CREDITS Section 42(d)(5)(C) of the Internal Revenue Code defines a Qualified Census Tract as any census tract or equivalent geographic area in which at least 50% of households have an income less than 60% of the Area Median Gross Income (AMGI). Section...
11/22/2009
2
Comments
BELOW ARE NEW RULES FOR GETTING FHA FINANCING IN A CONDO PROJECT V. Project Eligibility Requirements The following requirements apply to all Condominium Project approvals: 1. Minimum number of units: Projects must consist of two or more units. 2. Insurance Coverage: Projects must be covered by ...
11/22/2009
2
Comments
Most people believe that the hardest part of starting and maintaining a successful business is finding the right product or service. In reality, this is hardly ever enough; it is simply the starting point. To be truly successful, you need to see your business through your customer's eyes. What do...
11/21/2009
1
Comments
WASHINGTON, D.C. (November 19, 2009) - The delinquency rate for mortgage loans on one-to-four-unit residential properties rose to a seasonally adjusted rate of 9.64 percent of all loans outstanding as of the end of the third quarter of 2009, up 40 basis points from the second quarter of 2009, and...
11/20/2009
Single taxpayers or those married filing separately generally can exclude up to $250,000 of the gain from the sale or exchange of a home ($500,000 for married taxpayers filing jointly). This exclusion may be taken once every two years if the taxpayers have owned and used the property as a princi...
11/19/2009
2
Comments
just want to alert you. recently i have had two properties posted on Craig's list for rent at way below market rent. the scammer indicated they needed to leave the country and wanted to find some one to care for their home while they gone for a couple of years. the reason for the lower rent was t...
11/17/2009
0
Comments
the market is moving into it's normal holiday season decline in activity. since the first time buyers have been in full force and the first half of November was quite busy. i thought i would rune the nubers for mid month. No great suprises inventory has started it "normal" yearly decline through ...
11/17/2009
Rainmaker
368,782
368,782
Howard Sumner
Your Real Estate Source, Your Results Solution!!
Service Areas
Real Estate Resources
Recent Posts
Real Estate Market Trends
8 months ago
Real Estate Market Trends
almost 8 years ago
Real Estate Industry
almost 8 years ago
The Most Current Information on the Real Estate Market in Billings Montana
From a Top Performing Realtor, in Billings Montana, Yellowstone County