tax credit: First Time Home Buyer Tax Credit - TIME IS RUNNING OUT!
- 09/25/09 05:03 PM
Here is a video that gives some important information about this credit, information that I hadn't really thought about until recently. Because I know that I hadn't thought about it, I feel it very important to share this information with any and all potential buyers - they really don't have much time remaining! If you, a friend, a client, a family member, or someone you work with is still on the fence about buying, you need to send this to them@ Click here to see the video and share with anybody you know that is contemplating on buying a home but … (5 comments)
tax credit: The Stimulus Package
- 02/13/09 10:31 AM
Today may be the day that the American Recovery and Reinvestment Act of 2009 (aka the Stimulus Package) is passed; the Senate is voting on it right now. It is anticipated that it will be on President Obama's desk to sign into law this weekend. While we don't have all of the information about this Act, here are some highlights: Contains a record-setting $10.472 billion in funding for the USDA Guaranteed Rural Housing Program to insure Rural Housing mortgages. These funds are in addition to funds the program has already received through the Continuing Resolution, as well as additional funding expected … (1 comments)
tax credit: First Time Buyer? Buy a House with NO MONEY DOWN and get the $7,500 Tax Credit for 2008!
- 10/01/08 07:01 AM
HR3221, the bill signed into law about a month ago, allows for up to $7,500 in tax credits to be given to first time homebuyers that purchase a home between August 9, 2008 and July 1, 2009. This credit will be deducted from your 2008 tax return. It does have to be paid back but it is paid back over 15 years, which would be $500 a year added to your tax liability for the next 15 years as it is interest-free when repaying it. If you couple this with a USDA Rural Housing Loan (mortgage), you can get into a property … (1 comments)
tax credit: First Time Buyer? Buy a House with NO MONEY DOWN and get the $7,500 Tax Credit for 2008!
- 10/01/08 06:54 AM
HR3221, the bill signed into law about a month ago, allows for up to $7,500 in tax credits to be given to first time homebuyers that purchase a home between August 9, 2008 and July 1, 2009. This credit will be deducted from your 2008 tax return. It does have to be paid back but it is paid back over 15 years, which would be $500 a year added to your tax liability for the next 15 years as it is interest-free when repaying it. If you couple this with a USDA Rural Housing Loan (mortgage), you can get into a property … (0 comments)
Here is a video that gives some important information about this credit, information that I hadn't really thought about until recently. Because I know that I hadn't thought about it, I feel it very important to share this information with any and all potential buyers - they really don't have much time remaining! If you, a friend, a client, a family member, or someone you work with is still on the fence about buying, you need to send this to them@;)
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