Due to recent confusion , here is how the FHA $8000 tax credit plays out according to the best of my knowledge and research. Effective date- Good thru Dec. 1, 2009 Amount of credit– lesser of of 10% of the home bought or $8000 Eligible property- Any single family residence (including condos), provided it will [...]

Island County FHA loan limits have dropped to $316,250 in 2009 for a 1-unit. This coincides with statewide decreases across the board, with the exception of Chelan and Douglas Counties. What does mean to buyers looking to purchase in Island County?  There are plenty of awesome deals under that $316,250 mark so don’t despair. Rates [...]