Archive for 'First Time Home Buyers'
What is Needed to Claim the Tax Credit?
All of you new homeowners in Arlington, VA out there that took advantage of the first-time homebuyer tax credit are probably wondering what is needed to claim the tax credit. I hope your Realtor® has informed you as they should have. There is no reason for you to struggle for that information. If you haven’t [...]
Full StoryHomebuyer Tax Credit Surprising Facts
Time is running out for those that want to take advantage of the first-time homebuyer tax credit. Most of you buyer’s out there just know that there’s $8,000 involved. Well here is the fine print that you may not seen. Not saying that the credit isn’t good, just giving you the “other” info that no [...]
Full StoryTop 10 Smartest Cities to Buy a Home
Everyone wants to obtain the American Dream by starting a family and owing a home. Of course, you have to take into consideration the spread between what you would spend on renting a place and what you would pay for a mortgage. The premium to buy is much lower than the 15 year average in [...]
Full StoryFHA Waives 90 Day Flipping Rule
HUD Secretary Shaun Donovan announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. In an effort to speed the resale of foreclosed properties to new owners, HUD has decided to waive the 90 day flipping rule. They are hoping that this will bring [...]
Full StoryInterest Rates Predicted to Rise in 2010
Along with just about everything else like food prices, energy prices, and taxes, interest rates are predicted to rise to 6% by end of 2010. The end of the Federal Reserve program that buys mortgage-backed securities will drive rates higher because the private buyers will demand more return than the Fed.
It’s funny because those who [...]
