tax credit: 73 days and counting for the tax credit - 02/18/10 01:56 AM
Are you eligible for the $6500 tax credit? We covered the details in December, so take a look if you want to check. There are 73 days and counting left to get an accepted offer.
You must have an accepted offer in place no later than April 30 and close on the home no later than June 30 in order to qualify for this tax credit.

New $6500 Tax Credit for Current Homeowners … (2 comments)

tax credit: First tim home buyer's tax credit extended and expanded - 11/19/09 04:42 AM

(All the details on the expanded and extended homeowner's tax credit as explained by the CEO of Coldwell Banker, Jim Gillespie)
President Obama has signed the extension of the First Time Home Buyer's Tax Credit. This is exciting news because this bill also expanded the parameters of the Tax Credit, allowing for larger income maximums of the people receiving the credit.
Move Up Buyers are also considered in this tax credit. People who have lived in and owned their primary residence for at least 5 years are now eligible for a Move Up Credit of $6500.
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tax credit: First Time Home Buyer's Tax Credit Questions - 06/02/09 03:50 AM
When in doubt, go to the source.  There is so much confusion and misunderstanding about the first time home buyers tax credit these days.  I know that if I am unsure if buyers will qualify, the people to ask are the mortgage lenders and tax professionals. 
This set of scenarios and answers is from Steve Bechtolt, vice president of residential lending here at Wisconsin Community Bank in Monroe. Steve and the people at WCB are very helpful, and I would not hesitate to recommend any of them to buyers looking for financing.
First-Time Homebuyer Credit: Scenarios
Q. If a single … (1 comments)

tax credit: On the tax credit, down payment issues and - 05/26/09 10:43 AM
As the old saying goes, if it sounds too good to be true, it probably is.  I've been hearing a lot of talk around here lately about the $8000 tax credit and using it for a down payment on a home.
Earlier this month, there was a lot of horn tooting excitement because it was announced that it would be possible to use the anticipated tax credit refund as collateral for a short term loan which could then be used as a down payment for a FHA mortgage. This was thrilling news for many first time home buyers out there, and … (3 comments)