Archive for January, 2010

If you want to sell your home in the spring you may want to list now.

January 10th, 2010 by admin


Depending on where you live in the country you may need to list your home now if it is your goal to sell in the spring.  Your local real estate agent will provide you with information on your local market and specifically the average days on the market a home is sitting until it receives [...]

If my dad owns a home and helps me buy my first home do I qualify for the first time home buyer tax credit?

January 7th, 2010 by admin


First time home buyers who qualify can receive up to $8,000 if they purchase a home prior to April 30, 2010 or are under contract to purchase a home by the April date and then close by June 30, 2010.
 
 
If a parent already owns a home but cosigns on a loan for their son or [...]

Can I receive the first time home buyer tax credit if I buy a short sale?

January 5th, 2010 by admin


Houses being sold as a short sale make up a significant portion of listing inventories across the country.  Buyers want to know if they can still receive the first time home buyer tax credit if they buy a short sale.
 
The answer is yes as long as the house is a detached or attached home, condo or [...]

I am not ready to talk to a lender but I do have questions about FHA home loans.

January 4th, 2010 by admin


If you are not ready to talk to a lender but you have questions about FHA home loans you can visit the HUD FHA Resource Center where you can find a wealth of information designed for the consumer.   The FHA Resource Center has information that includes:
 

Types of FHA loans available
Steps to buying a home
Loan qualification answers
Available [...]

The next 4 months are prime time for selling your home.

January 3rd, 2010 by admin


Home owners need to be aware that the next 4 months are prime time for selling their home.  Why?  The reason has to do with money, up to $8,000 in some cases.  First time home buyers have a tax credit incentive available if they buy a home prior to April 30, 2010 and anyone who [...]

If you have been renting for the past 3 years you could receive $8,000 if you buy in 2010

January 2nd, 2010 by admin


If you have been renting for the past 3 years you could receive $8,000 if you buy before April 30, 2010.  First time home buyers that qualify are eligible to receive up to $8,000 simply by purchasing a home this year.
 
Renters who are tired of their living arrangements and would like to own their very [...]

IRS provides information on the homebuyer tax credit.

January 1st, 2010 by admin


IRS provides information on the homebuyer tax credit.

Rhode Island Offers Free Homebuyer Information

January 1st, 2010 by admin


Rhode Island Housing is offering free classes to Rhode Island residence that provides educational information on buying a house.  The Housing’s goal is in helping residents afford a “safe and healthy home“.
 
To this end free homebuyer classes are now available in January and February 2010 throughout the State.  these classes are geared towards helping buyers understand the process [...]