Time is running out to take advantage of the $8000 tax credit for qualifying purchases of a home before Dec. 1, 2009. That sounds like several months right? No reason to get in a hurry… Well with additional delays in almost all forms of mortagages right now the days of the 30 contract to close [...]
Proposed Cap & Trade Legislation Impacts Real Estate
by Jeremy on July 3, 2009 in Buyers, new homes
With the House narrowly passing HR 2454 (American Clean Energy and Security Act) consumers and contractors need to be keenly aware of how the proposed regulations will impact all of us. Luckily the bill is heading to the Senate where many (optimistically) predict it will die a slow and painful death- Let us hope so! [...]
$8000 tax credit used for closing costs?
by Jeremy on June 6, 2009 in Buyers
The $8000 tax credit for eligible first time home buyers may be used to cover part or all of the Buyer’s FHA closing costs according to the National Assoc. of Realtors. We’ve been receiving small bits of information about this over the past couple of weeks, I haven’t posted much of it because I have [...]
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