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first time buyers: The Best Time to Plant a Tree - 11/08/09 01:03 AM

The Best Time to Plant a Tree   visit www.mikenastri.com
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first time buyers: Explaining Mortgage Payments to First Time Home Buyers - 06/15/09 01:51 AM
After a First Time Buyer recently received their lender's package my phone rang.   They had questions.  How do we build equity when it appears that all we are paying is interest on our mortgage?   As I began explaining the way the banks set up the amortization schedule it occurred to me that many buyers must have these same questions.  Even though they are explained by their mortgage specialist, they might not be clearly understood. The chart below shows 30 years of payments on a $100,000 mortgage.  The red is the interest and the green is the principal.  At 6.5 … (5 comments)

first time buyers: $8000 Tax Credit for First Time Home Buyers - 03/01/09 08:55 PM
First Time Home Buyers Tax Credit is a Wonderful Opportunity for New Buyers
The Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers.Homes must be purchased on or after January 1, 2009 and before December 1, 2009 for Buyers to be are eligible. Check this out on the NAHB Site and follow their links to see all that might apply for your circumstances.Tax CreditFrequently Asked QuestionsOther Provisions in the LawAdditional Buyers Resources   

 
Franklin TN - Area and Market Report Index 
The opinions expressed by The Activerain Network and it's members and those providing comments are theirs alone, and … (3 comments)

 
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