Posts By Gerald Santoro
Location
New Jersey
Phone: 732-241-4015
Posts
The $8,000 first-time homebuyer tax credit is set to be extended until April 30, 2010.
If you have been thinking about doing an FHA Streamline Refinance in New Jersey, you should be aware of the changes that are coming very soon. FHA has released these changes which will go into effect as of November 17th, 2009: 1) Borrower must have made at least 6 payments on the loan being refinanced [...]
Many areas of New Jersey are eligible for the USDA 100% Home Purchase Loan. It is still possible to buy a primary home in New Jersey with No Money Down
First Time Homebuyer Tax Credit – Frequently Asked Questions New Jersey First Time Homebuyer Tax Credit is scheduled to end on November 30th. If qualified, a First Time Homebuyer can receive up to $8000 as a credit on their 2009 Federal Tax Return. Time is running out! Here are some additional FAQ: What is a [...]
The $8000 First Time Home Buyer Tax Credit is available for anyone who has not owned a home in the last 3 years and may be used as a down payment in certain situations. To use the $8000 tax credit as a down payment, it will need to be set up as a soft second [...]
HUD announced that effective for any FHA case number assignment on or after April 1, 2009 the max LTV for cash out refinances may not exceed 85%. The good news is that HUD is implementing it on a temporary basis while it analyzes the performance of these loans and the industry to determine whether it [...]
Buying a New Jersey home vs. renting is a big decision that takes careful consideration, however, the rewards of home ownership are significant. For many years, purchasing New Jersey real estate has been considered an extremely profitable investment. It is an achievement that offers a sense of pride, financial stability and potential tax advantages. Since [...]
Homeowners were lent a hand this week by the Obama Administration’s newest effort to help families remain in their homes. The ‘Making Home Affordable program was created to help as many as 9 million homeowners who want to stay in their homes, but are struggling with their finances. As with most legislation of this type, [...]
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