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$7500 Tax Credit For 1st Time Buyers

Friday, 23 January 2009 22:38 Jeffrey Luzadas

Congress recently approved a tax credit for first-time home buyers that can be worth up to $7,500. Another welcome provision of the Housing and Economic Recovery Act of 2008. Often 1st time home buyers are challenged to save enough money for a down payment and closing costs, which is around 7% on an aggressive program. Now possibly $7500.00 of that seed money can come from the Federal Government via the IRS.

Give Thanks This Thanksgiving for a Foreclosure Stop During the 2008 Holidays

Thursday, 27 November 2008 01:24

I'm sure some of you might enjoy 2008 with a little bit of breathing room when it comes to your distressed home loan situation. Starting today, November 26, 2008, Fannie Mae and Freddie Mac have agreed to put a temporary hold on pending foreclosures and evictions.

Average San Diego Home Buyer Scenario, By-The-Numbers

Thursday, 20 November 2008 21:08

A lot of my real estate network is always asking me about what the market is like and how much can they afford. I'd like to put this scenario up so that everyone can gauge their affordability, depending on their income.

Beneficial October Changes For VA Loans

Tuesday, 04 November 2008 02:03 Pictures

WASHINGTON -- Veterans with conventional home loans now have new options for refinancing to a Department of Veterans Affairs (VA) guaranteed home loan. These new options are available as a result of the Veterans’ Benefits Improvement Act of 2008, which the President signed into law on October 10, 2008.