The Benefits of Homeownership
The benefits of homeownership are undeniable, some even consider it to be the “American Dream”. Buying your first home can provide financial and emotional security, a sense of belonging, and an opportunity to build equity. Here at the …
Multiple Offers: Rising Above the Crowd
If you’ve been looking to buy a home in the Portland Real Estate market in the last few months, you may have had first hand experience with a home with multiple offers. If you’re one of the many people …
FHA Bridal Registry Gift Funds No More
A few weeks ago I found a reference to an 1997 HUD directive for the creation of FHA Bridal Registry Gift Fund accounts. Google was little help in uncovering what the in-and-outs about the program. There are lots …
Obama Signs Home Buyer Tax Credit Closing
It should come as no surprise the President Obama signed the legislation that extends the Home Buyer Tax Credit closing period to September 30th. This extension does not open up eligibility to anyone that wasn’t already in a …
Is the Home Buyer Tax Credit Extended?
Is the Home Buyer Tax Credit Extended? No. The Senate approved a proposal yesterday to extend the CLOSING period of the tax credit from the current June 30th to September 30th. If you weren’t eligible for the credit …
Home Buyer Tax Credit By The Numbers
The Home Buyer Tax Credit expires tomorrow: $8000- amount that qualified first time home buyers are eligible for $6500- amount that qualified repeat home buyers are eligible for $7500- amount that first time buyers were eligible for in …
Home Buyer Tax Credit Time Lines
There is no sign that the $8000 First Time Home Buyer Tax Credit or the $6500 Tax Credit are going to be extended. If you want to take advantage of either you must have an accepted offer by …
Short Sales and the Home Buyer Tax Credit
June 30th, 2010 is 93 days away (8,035,200 seconds for fans of Rent). Lack of indicators, to the contrary, make us believe that you have until then to close any contract that allows you to take advantage of …
Five Weeks Left for Home Buyer Tax Credit
On November 7th, 2009 the First Time Home Buyer Credit was extended and expanded to provide a $6500 credit to existing homeowners that qualify under a set of rules. The Credit was set to expire November 30th. It …