first time home buyer: Tax Credit Q & A - 11/16/09 07:33 PM
Congress has passed new legislation that extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. Also expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April … (3 comments)
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first time home buyer: Home Buyer Tax Credit - The 'new and improved' version just unveiled! - 11/06/09 10:19 AM
So with much fanfare we have the 'new' tax credit that should be signed shortly by the President. This post was written by Claudette Millette from Ashland MA and I think that this post gives most of the guidelines that you will need.
So the deadline for this tax credit … (2 comments)
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first time home buyer: 10 Commandments Home Buyers Must Follow - 10/25/09 01:25 PM
Great advice in this post from Chantel Saucier on what NOT to do when you are looking for a home! Sometimes first time home buyers decide on that new couch with catastrophic results.
Via Dr. Chantal Saucier (Keller Williams Realty Acadiana):
These 10 Commandments home buyers must follow may seem … (4 comments)
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first time home buyer: FHA Appraisals - 10/21/09 02:16 PM
FHA Appraisal Requirements
Effective for all case numbers assigned on or after January 1, 2010, the validity period for all appraisals on existing and proposed and under construction properties will be 120 days. This change aligns FHA’s requirements pertaining to the validity of an appraisal with current industry practices. This is a … (3 comments)
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first time home buyer: Selecting A Home Inspector - Northwest Suburbs of Chicago - 10/13/09 03:39 PM
You should always do a home inspection both with existing homes and with new construction! Never give up your rights to an inspection to move along a sale without thoroughly thinking of the consequences. For REO's and foreclosures you can do the inspection before making that offer.
But Lyn ...... that … (6 comments)
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first time home buyer: Is it FHA Approved? Not all subdivisions accept this financing - 10/10/09 05:34 PM
To obtain a FHA mortgage on a condominium, the project must be FHA approved. Prior to these changes, there were two ways a condominium could be FHA approved: (1) full project approval, and (2) “spot” approval. Full project approval means that FHA has already done the approval on the entire project … (2 comments)
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first time home buyer: Average Closing Costs in Illinois - 09/22/09 07:03 PM
Average Closing Costs per State 2009
The survey was done by Bankrate and Illinois ranked 43rd out of the states for costs. The average costs for the loan origination was $1279 for the mortgage portion and $1207 for title charges, etc. The total would be $2486. Quite respectable compared to other … (3 comments)
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first time home buyer: $8000 First Time Home Buyer Tax Credit - Let me help you think outside the box! - 09/15/09 11:53 AM
$8000 first time home buyer tax credit could be used for:
6 months of mortgage payments! Smooth sailing for 6 months!16 months of association dues! That's a year and a half of no lawn mowing and laying by the pool!22 months of your car payments! OR … (6 comments)
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first time home buyer: Streamwood Illinois - Down Payment Assistance for First Time Home Buyers - 08/25/09 01:30 PM
WHERE CAN YOU PURCHASE A HOME?
The Program is available in these Cook County communities and all unincorporated Cook County areas only.WESTBedford Park, Bellwood, Bensenville, Berkeley, Berwyn, Bridegview, Broadview, Brookfield, Burbank, Burr Ridge*, Cicero, Elmwood Park, Harwood Heights, Hillside, Hinsdale*, Hodgkins, lndian Head Park, Justice, La Grange, La Grange Park, Lyons, … (5 comments)
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first time home buyer: Cook County Downpayment Assistance - ADDI - 08/21/09 12:27 PM
DOWNPAYMENT ASSISTANCE FOR FIRST TIME HOME BUYERS
This is a notification that Cook County is accepting qualified applications to the ADDI Program for first-time home buyers. Funding for the program is limited and will be awarded until the funds are depleted. Please note that the program guidelines (below) are subject to change.WHAT IS THE … (2 comments)
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first time home buyer: Illinois Home Start Loan Program - First time Homebuyers tax credit - 08/11/09 12:44 PM
The Illinois HOME START Loan Program for First Time Homebuyers
The Illinois HOME START Loan Program is designed to help first time homebuyers achieve the dream of homeownership affordably. The HOME START program offers homebuyers two loans: the HOME START 30 Year Fixed Rate Loan and an optional HOME … (0 comments)
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first time home buyer: Open Letter to First Time Home Buyers - 08/11/09 10:02 AM
First time buyers - Do you know the clock is ticking? A great opportunity that could help you financially on your taxes awaits you. What do I have to do you ask? Close on a home by November 30th, 2009.
Thinking of purchasing a home in the Schaumburg Illinois area? … (3 comments)
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first time home buyer: 2009 HomeBuyers Tax Credit - "More" Common Questions & Answers - 07/14/09 10:39 AM
Great post that will answer all your questions about the Home Buyers Tax Credit. This is from a real estate agent from Tucscon, AZ Gabrielle Rhind. Answers to your questions plus the links.
Enjoy!
Via Gabrielle (Kamahele) Rhind (Tierra Antigua Realty, Tucson AZ Real Estate Agent):
COMMON QUESTIONS AND ANSWERS TO THE … (0 comments)
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first time home buyer: Roselle Illinois Homes - $8000 Buyer Tax Credit - 06/06/09 05:16 PM
Lyn Sims (847)230-7324 at RE/MAX Suburban
I proudly serve and sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, … (0 comments)
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first time home buyer: Hoffman Estates Illinois - $8000 Tax Credit - 06/06/09 04:51 PM
Lyn Sims (847)230-7324 at RE/MAX Suburban
I proudly serve and sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, … (0 comments)
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first time home buyer: The Price of Procrastination - Schaumburg Homes - 06/05/09 08:36 PM
Procrastination can cost you alot more than you think. This wonderful post is additional food for thought on why coupled with great prices and low interest rates, now really is the time to buy.
Sitting on the fence can be costing you more than you know! Please call me with … (2 comments)
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first time home buyer: What are buyers interested in? What are they looking for? - 04/07/09 03:03 PM
What are buyers interested in?
What are they looking for?
This is a
summary from a poll used from a virtual tour company
about providing extra features with tours like panoramic views, moving
of furniture, changing colors of walls, etc. The market is
surely going to … (7 comments)
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first time home buyer: Buyers Agent - How to pick one! Schaumburg Homes for Sale - Schaumburg Illinois - 03/02/09 04:16 PM
What does it cost me to have you
as my buyers agent?
ZERO -
NADA - ZIP - ZILCH
Choosing an
agent can be confusing, especially when there are so many
to choose from. Among questions about an agent's experience, local
market knowledge credentials. Here are nine … (0 comments)
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first time home buyer: Schaumburg Homes for Sale - Why won't you believe me? Interest rate statistics - 01/31/09 11:05 AM
Why won't you believe
me?
Now is really a great
time to buy a home and here's why. Interest rates have
not been lower since 1963! That's right - 1963, and here's
the chart to prove it that I'm not making this stuff up.
Getting into your … (6 comments)
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first time home buyer: Schaumburg Illinois Homes - FREE Home Buyers Seminar on January 20th 2009 - Lyn Sims (847)230-7324 REMAX Suburban - 01/07/09 03:09 PM
Free First-Time Homebuyers Seminar
Did you pay someone else's mortgage payment again last month! Like your Landlords!
Start down the road to financial freedom today! Register today for our First-Time Homebuyers Seminar on January 20, 2009 at the Schaumburg CRC (Community Rec Center, 505 N. Springinsguth Rd, Schaumburg, IL) from … (1 comments)
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