Connecticut Home Mortgages, CT FHA Loans, CT VA Mortgage Loans, CT First Time Home Buyers - 10/29/09 10:23 PM
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FHA Loans - Buying a Home using a FHA Loan...............................................................................
The FHA loan program was created to … (0 comments)

Tax Credit For Home Buyers, First Time Home Buyers and Well as those who owned a home for 5 years or more - 10/29/09 07:16 PM
Updated Information
According to the Associated Press, Senators have agreed to extend the tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers.
Reportedly, Senators agreed to extend the existing tax credit for first-time homebuyers while offering a reduced credit of up to $6,500 to buyers who have owned their current homes for at least five years.
The tax credits would be available to buyers who sign sales agreements by the end of April 2010. They would have until the end of June to close on their new homes.This is a preliminary report, details and conditions … (0 comments)

Are you seeing more activity in home sales? - 10/28/09 06:30 PM
We all know the $8K federal tax credit has helped move some houses but are you seeing other buyers (non first timers) buying?  The past 3+ months house prices have been on the upswing, home sales are increasing and it appears that houses are moving much quicker ( at least around here).
I have been buying foreclosed homes, doing a total renovation and selling them for the past 2 years and I am seeing houses move much quicker than say 10-12 months ago.  I have my hand on the pulse daily since I am always looking for a deal.
It appears … (1 comments)

Finding time to do anything these days is tough! - 10/27/09 08:51 PM
It was not too long ago that I spent countless hours here on activerain, chatting, blogging, commenting etc. Then along came Jillian! wow how life has changed (for the better). All of my active rain time has gone all but away for now at least.
I wonder how I had time to do all I use too do. I would not trade it for all the money in the world!
20 Months later and my little Yankee fan is getting ready to see her first world series championship go to the New York Yankees!

 
Leo Namiot
Connecticut First Time … (3 comments)

First Time Home Buyers Tax Credit To Be Extended - 10/27/09 08:32 PM
The U.S. Senate worked on working out a vote on Tuesday to extend a popular tax break for home buyers that has helped lift the housing market out of its worst slump since the Great Depression,
At day's end there were a few different idea's/plans on the table. "We're close to being able to finish things up," Johnny Isakson, R-Ga., the leading Senate advocate of the home buying credit, said early Tuesday afternoon. "I think we've got a good solution."
This is great news for the housing market which has been on an upswing the past few months.
Those of you who missed … (7 comments)

 
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