Back in November of 2009, President Obama signed into law the the Worker, Home Ownership, and Business Assistance Act of 2009. Included in this law was a special provision for qualified service members, members of the Foreign Service of the U.S., or an employee of the intelligence community. Also included are military members on official extended [...]
An eligible New Jersey homebuyer may request from the IRS a tax credit of up to $8,000 or 10% of the purchase price for a home for First Time Home Buyers or up to $6500 for repeat buyers.
You’ve heard the expression “Once in a Blue Moon”. The definition means “very rarely; infrequently,Never” according to Wiktionary. You get the idea…a very rare event! What does that mean to Virginia FHA homebuyers? Virginia FHA homebuyers have been experiencing that “Once in a Blue Moon” convergence of ideal circumstances when it comes to buying a [...]
Time is running out for Rhode Island Home Buyers to take advantage of the 2010 Tax Credit.
Only 50 days remain for a California home buyer to obtain a purchase contract to qualify for the $8000 tax credit. Mark your calendars for April 30th, 2010 as the last day to have your offer accepted on a home. You would then have 60 days to complete the transaction, June 30th, 2010, to remain [...]
As most of you know, all buyers must have a fully executed agreement of sale on a property by April 30, 2010 and close by June 30,2010 to be eligible for either of the tax credits. These dates are extremely important but there are a few other pending changes that are creating an even greater sense of urgency for people looking to buy homes right now.
First-time home buyers looking to purchase a home in Rhode Island, are eligible for up to 10% of the home’s purchase price, up to the maximum $8,000 tax credit just for buying a home. The latest stimulus package signed by President Obama makes these credits available to first-time home buyers on homes purchased between January [...]
South Florida Home Sales Jump Led by Miami-Dade Single family home and condominium sales were up across the board as all of South Florida beat the national numbers reported the National Association of Realtors today in terms of percentage increase in units sold for the month of December on a year over year basis. Media [...]
Maryland is changing it’s FHA guidelines on April 5th 2010. and here are 3 important changes you need to know about. The new Maryland FHA upfront mortgage insurance premium (UFMIP) will be 2.25% for all purchase and refinance loans up from 1.75% Maryland FHA seller contributions will be cut in ½. You will be limited to a [...]
Jodi Peterson, Management Analyst, Springfield Community Development and Housing, announced today that the Springfield Home Ownership Program (SHOP) is out of funds until July 1, 2010. The SHOP program provides down payment and closing cost assistance to low to moderate income borrowers for the purchase of their first home in Springfield Oregon. More about the program is available here.
*This is not an offer to lend. 
Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
