8000 tax credit as a down payment: Deadline Approaching for Tax Credit - 09/15/09 04:34 PM
The deadline is approaching for first time home buyers to take advantage of the 2009 1st Time Homebuyer's $8,000 Tax Credit.
The American Recovery and Reinvestment Act of 2009 has an incentive for first-time buyers to purchase a home. The credit is equal to 10 percent of the cost of the home, up to a maximum credit of $8,000.
The tax credit ends on December 1, 2009 and requires that the real estate closing happen by November 30, 2009.
With an "average" loan approval time frame of 45 days, you will want to have a home under … (1 comments)

8000 tax credit as a down payment: Tax Credit toward purchase of FHA Home - 06/04/09 01:39 PM
From the FHA Press Release:
"Currently, borrowers applying for an FHA-insured mortgage are required to make a minimum 3.5 percent downpayment on the purchase of their home.
Current law does not permit approved lenders to monetize the tax credit to meet the required 3.5 percent minimum down payment, but, under the terms of today's announcement, lenders can now monetize the tax credit for use as additional down payment, or for other closing costs, which can help achieve a lower interest rate.
Buyers financing through state Housing Finance Agencies and certain non-profits will be able to use … (0 comments)

8000 tax credit as a down payment: First-Time Homebuyer Credit - 06/02/09 11:09 AM
Wondering if you qualify for the First-Time Homebuyer Credit?
Here is a link to the IRS First-Time Homebuyer Credit Form 5405.
From the IRS Form 5405 ...
Who Can Claim the Credit:
In general, you can claim the credit if you are a first-time homebuyer.
You are considered a first-time homebuyer if:
You purchased your main home located in the United States after April 8, 2008, and before December 1, 2009.
You (and your spouse if married) did not own any other main home during the 3-year period ending on the date of … (0 comments)

8000 tax credit as a down payment: First-Time Homebuyer Tax Credit Loan Programs - 05/22/09 03:57 PM
The National Council of State Housing Agencies has additional information on HFA First-Time Homebuyer Tax Credit Loan Programs.
From the website: "The American Recovery and Reinvestment Act of 2009 provided a federal income tax credit for first-time homebuyers of ten percent of the sales price, up to a maximum of $8,000, for the purchase of a new or existing home. The tax credit is available to qualified homebuyers who purchase a home before December 1, 2009.
To help buyers that need down payment and closing cost assistance when purchasing a home with the tax credit, a number of … (0 comments)

 
Jim Starwalt, Better Agents, Better Results (Better Homes and Gardens Real Estate Star Homes) Rainmaker large

Jim Starwalt

Better Agents, Better Results

Grayslake, IL

More about me…

Better Homes and Gardens Real Estate Star Homes

Address: 783 Barron Blvd, Grayslake, Il, 60030

Office: (847) 548-2625

Email Me

Contact Me Interested in selling your home? Contact me to get a professional estimate. Jim Starwalt Call: (224) 627-7581 My Grayslake Real Estate Listings on Zillow Real estate services, comments and advice for home buyers and sellers in the Northern Illinois area including Lake County and McHenry County. Jim Starwalt REMAX Center See Jim Starwalt's listings Get this widget Illinois Mortgage Rates 30 Year Fixed 15 Year Fixed 5/1 Adjustable Mortgage Rates on Zillow Jim Starwalt


Listings
22670 grass lake antioch front 1
$214,900
4 br, 2 ba, 2,034 sqft
Looking for your own private country oasis? This lovely historic farm home of...
Ar 1 front 1
$309,000
4 br, 3½ ba, 2,625 sqft
You've been looking for more room? See this spacious home with numerous upd...
Ar front 1
$309,900
4 br, 4 ba, 3,613 sqft
This beautiful home is just 2 blocks to the lake and close to the desirable C...
Ar front new 1
$260,000
3 br, 2 ba, 2,436 sqft
This beautiful ranch home is brand new and ready for move in! You'll love the...
Ar front 1
$259,000
4 br, 3.1 ba, 2,442 sqft
Include this home on your must-see list! Everything is new! Offering a beauti...
Ar front april 1
$424,999
4 br, 2.1 ba, 3,735 sqft
You must see this beautiful house with a great backyard! Enjoy relaxing after...
Ar front 1
$214,999
4 br, 2½ ba, 2,160 sqft
Your dream home is here! This beautifully updated home is move in ready. You’...
Ar front new 1
$275,000
5 br, 3 ba, 2,318 sqft
This gorgeous Craftsman style home is easy to fall in love with! With a great...
Ar front 1
$234,900
4 br, 2.1 ba, 1,628 sqft
This beautiful home is just what you've been looking for! Move-in ready! You'...
Ar new front 1
$324,000
3 br, 2.2 ba, 1,986 sqft
Gorgeous luxury townhouse is still brand new and ready for move in now! You'l...
Ar front 1
$439,990
4 br, 3.1 ba, 3,115 sqft
Absolutely fabulous and beautifully decorated 4 bedroom, 3.1 bath home in the...
Ar front 1
$700,000
4 br, 3 ba, 3,295 sqft
Libertyville Luxury! You must see this gorgeous home, located in the highly r...
Ar front 1
$324,900
4 br, 2.1 ba, 2,528 sqft
Shows like a model home! This move-in perfect home reflects caring owners. Wi...
Ar front 1
$282,200
4 br, 2.1 ba, 2,357 sqft
You’ll easily fall in love with this gorgeous home! Beautifully updated throu...

Links

Archives

RSS 2.0 Feed for this blog

Credit Card Processing