Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit Question: Existing homeowner credit: Must the new house cost more than the old house? Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will …
Tax Credit For Home Buyers
The Senate has voted last night (11/4) to extend and expand a popular tax credit for homebuyers that was scheduled to expire Nov. 30. The House is expected to schedule a quick vote on the bill as early as today 11/5 as part of a package that also extends unemployment benefits for people out of …
Perhaps It’s Time We Slow Down
Washington, DC Metro Station on a cold January morning. A man with a violin plays six Bach pieces for about 45 minutes. During that time approx 2 thousand people passed through the station, most of them on their way to work. After 3 minutes a middle-aged man noticed there was a musician playing. He slowed …
Search MLS Listed Homes For Sale
With so many sites out there on the web these days what is the easiest way for you to search the MLS and find that perfect property? One way you could do it it jump from site to site and log in several times a day or night to see what’s new or you could …
Rockford Real Estate Market Update
As we fast approach Halloween, 2010 is just around the corner. The real estate market has not felt quite as fast to most homeowners and many questions are still flying around about how Rockford really sits overall. I took some time this morning and gathered the latest market statistics for Rockford and here they are: …
Basic Info On The $8,000 Tax Credit
Many people are still wondering what the $8,000 tax credit is all about so we have put $8,000 tax credit by Derrick Monroetogether a quick Q&A of the most common questions. Q: What type of home purchases qualify for the first time home-buyer credit? A: Any home located within the United States that is a …
Do You Need To Do A Short Sale
Are you “sdrawkcab” in your mortgage? Being backwards or upside-down in a mortgage is a simple reality in today’s market for many people. With the boom, high risk loans and weakly founded appraisals at an end coupled with the economy many homeowners are in the same boat looking at negative equity. If you’re not going …
How To Hire The Right Realtor
So you’re finding yourself looking to sell a property and now you’re looking for that perfect agent to represent you and your equity. You’ve come to the right place for straight unbiased answers. Not all agents are created equal. Just like any other business in the world you have those who make things happen, those …
Home Buyer Tax Credit Extension & Changes
Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit Question: Existing homeowner credit: Must the new house cost more than the old house? Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will …
Minneapolis Market Update September 2009
The single-family detached homes market segment is rapidly approaching a balance. There are currently 6.3 months of supply available in that segment compared to 8 & 11.7 months in the townhome & condo market respectively. In the lower price ranges of the single-family detached segment things are actually now extreme seller’s markets, with only 2.3 …