Wednesday, July 29, 2009

$8,000 tax credit for downpayment

They came out with the $8,000 tax credit that you can use for a downpayment, however the program is limited to SHIP qualifications only.

Contact me for more info, otherwise contact the local SHIP office.However, the $8,000 as a tax credit, not tax deduction, but a real tax credit has a much broader qualification range, first time home buyer, not owned a home in the last 3 years, and some income limitations, otherwise yea, get $8,000 credit. Now thats nice..

My website with all my contact info is http://www.chadstewart.com/ Check it out or contact me with any questions.

Tuesday, July 21, 2009

The Basics: 2009 First-Time Home Buyer Tax Credit
From Realtor.org
Bringing the Dream of Homeownership Within Reach:

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time home buyers.
Here is more information about how the 2009 First-Time Home Buyer Tax Credit can help prospective home buyers become part of the American dream.
http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

Saturday, July 11, 2009

Thursday, July 09, 2009

TODAY'S TOP STORIES
All credit goes to Early Bird News for these...
Citizens insurance approves rate changes
Florida's largest property insurer approved a 10% rate hike for many customers, but a 10% rate decrease for some. Read more.
Appeals court upholds 'Save Our Homes'
Alabama residents had filed a suit alleging that it discriminates against property owners who aren't full-time residents. Read more.
Lawsuit filed against growth management bill
Local governments asked a circuit court to reject the law, saying it's an unfunded mandate that Florida law bans. Read more.
Your home's worth: Who can tell these days?
Should home value calculations consider nearby distressed property? Appraisers, real-estate agents and owners disagree. Read more.
Poll: Would-be homebuyers still cautious. More than half say they're not prepared to jump into the market, with a fear of job loss their No. 1 reason. Read more.

Tuesday, July 07, 2009

From Florida Assoc of Realtors... Tips & Info sites for home loans...

• Bankrate.com: www.bankrate.com/brm/green/mtg/mort1a.asp Good primer on different types of mortgage borrowing.

• Federal Deposit Insurance Corp.: www.mortgageinfocenter.com/tips/default.asp Offers dozens of mortgage borrowing tips over five pages.