homes in lafayette: Homebuyer Tax Credit to be Extended and Expanded!
- 11/06/09 03:27 AM
Breaking News: Homebuyer Tax Credit Set to be Extended and Expanded! Earlier this week, the U.S. Senate unanimously passed an extension and expansion of the homebuyer tax credit. This morning, the House of Representatives approved the agreement reached in the Senate by a vote of 403-12. The bill has now passed both chambers and is awaiting the President's signature, which could be as early as tomorrow! Below is a summary of the new modifications in the extension and expansion of the tax credit:
1) The $8,000 tax credit will be extended and available for first-time purchases before May 1, 2010.
homes in lafayette: Homes in Lafayette and West Lafayette - List of Foreclosures, Short Sales and REO Properties
- 02/04/09 12:23 PM
Foreclosures/REO Properties and Short Sales are in every price range now. There are more and more homes coming on the market today that are considered a short sale property or a foreclosed property. Borrowers are often are given a grace period to avoid the foreclosure process, often 2-3 months. The borrower may opt to sell the property during this pre-foreclosure stage if they can't make up their missed mortgage payments. This is typically the best time to strike a deal, as home owners are looking for ways to avoid foreclosure. If the home is purchased during this time frame it is (0 comments)
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