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Tag Archives: first-time homebuyer tax credit

What is Needed to Claim the Tax Credit?

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 [...]

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Homebuyer Tax Credit Surprising Facts

Homebuyer 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 [...]

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Interest Rates Predicted to Rise in 2010

Interest 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 [...]

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Take Advantage of the Tax Credit Extension

Take Advantage of the Tax Credit Extension

Typically, around this time of year the cold air, cozy fireplaces, decorating of the tree, and gift giving slows down buyers home searches.  This winter, however, may be different because of the first-time homebuyer tax credit extension.  The traffic at www.PortfolioRS.com surged on November 5th when Congress approved the tax credit extension.  Those buyers out [...]

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Tips to Buying a Foreclosure

Tips to Buying a Foreclosure

By now you’ve probably heard here and there that someone you know has purchased a foreclosure at a great price.  As we come to a close of 2009, there isn’t much inventory to choose from like there was 6 months ago.  The first-time homebuyer tax credit has been extended and there are more buyers searching [...]

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