tax credit info: Want to Take Advantage of the Tax Credits?? MUST ACT NOW!!!! - 01/05/10 06:09 AM
If You Want to Take Advantage of the Tax Credits……
You Need to take action now (rates WILL be going up!) Tax Credit Expires April 30, 2010, must be under contract by then, with a closing by June 30, 2010 Average closing take around 45 days, which occurs after we find the home and make the offer. The time will go by quickly!! Contact Molly for a free tax credit qualification consultation (just a couple simple questions) Receive a Homebuyer’s Guidebook from Molly, outlining the home buying process Start shopping for a lender and loans Obtain a pre-approval FUN PART…..we start … (1 comments)

tax credit info: Do you Qualify for any of these Tax Credits?? - 12/15/09 06:54 AM
Wondering if you qualify for any of the Tax Credits? I can help you! I am offering a Free Tax Credit Qualification Consultation to help people take advantage of this credit while we can. There are many items to these credits, that some may not even be aware of.
For example, the $6500 credit can be used by any homeowner that lived in their home for 5 consecutive years out of the last 8....meaning if you sold your home 2 years ago, have been renting since, and now are purchasing a home before April 30, 2010 you qualify for the $6500 … (0 comments)

tax credit info: Tax Credit info for Co-borrowers - 12/11/09 09:43 AM
IRS Sets New Rules for Tax Credit
The IRS has spelled out guidelines for eligibility for the home buyer credit when co-borrowers purchase a property. When a home-owning parent of an adult child co-signs for a mortgage and both names appear on the note, the IRS says that under some circumstances, the first-time home buyer can qualify for the whole amount. The IRS says the parent doesn’t qualify for any portion of the credit, but if the child hasn’t owned a home during the three years preceding the current purchase and can qualify based on income, he or she can be … (2 comments)