Home affordability is at an all-time low due not only to the drop in home prices but also to the continuing low interest rates. Nevertheless buyers are still not flocking to our office to buy property.
If it weren’t for bad news, we’d have no news at all! –this is my feeling lately. … economists said “the housing market likely will not recover until 2013.”
As we drive around our county (Mason WA) we see suspicious houses that are not on the market, but are empty and…
At first glance I got real excited, thinking that my clients would be able to use the $8000 tax credit from the American Recovery and Reinvestment Act (ARRA) of 2009 up front for their down payments.
Continue reading about Looking at the HUD $8000 Tax Credit Deal
Lenders are having a harder time putting together loans for purchasing homes. .. I keep going back in my mind to the Christmas movie we see every year: “It’s a Wonderful Life.”
We get questions about the $8000 tax credit all the time. Here is a very brief summary on how it works:
Continue reading about Another Look at the Recovery Tax Credit
Since our county is approved for USDA loans, and we are now using them more, all the real estate professionals in the county are on the fast track to learn more about them.
First, there is an interesting bit of news making the rounds that the $8000 tax rebate will be made available to first time buyers at the closing of their transaction, rather than on tax day.
Continue reading about Looking at the News on Taxes, and Other Things
Just read an article about loan modifications, and what has been happening. … it makes no sense to make a loan payment even more impossible to pay unless you want the person to fail.
Tax day is coming! It seems that April 15th always pops up a little sooner than we expect it. … I am no tax expert, and got these tips from others who seem to know what they are talking about. You probably need to check these things out for yourself.
