Your 1st Step to home ownership BLOG

FHA PROPERTY FLIPPING - FHA requires that: a) only owners of record may sell properties that will be financed using FHA-insured mortgages; b) any resale of a property may not occur 90 or fewer days from the last sale to be eligible for FHA financing; and c) that for resales that occur between 91...

  Home Buyer Tax Credit Extended, Expanded & Enhanced! Effective December 1, 2009 Its part of the HR 3548 Bill called Worker, Homeownership & Business Assistance Act of 2009-Section 11. Read the highlights-but always refer your clients back to their tax advisor for specific questions or unusual ...

BIG NEWS - TAX CREDIT- First Time Home Owners and Current Home Owners getting CREDIT as SENATE PASSES 85 to 2 and the House voted 403-12!! Obama's signature is the last stop! QUICK READ: The bill would extend and expand the $8,000 homebuyer tax credit through April 30, 2010. The bill would also ...

Using the $8000 First-Time Homebuyer Tax Credit As a Down Payment Great news for first-time home buyers. This week, Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development stated that the Federal Housing Administration (FHA) is now going to permit it's lenders to allow ho...

As of Feb 25, 2009 you can get the $8000.00 tax credit when filing your 2008 tax returns. As long as you purchase your home after Jan 01,2009 through December 1, 2009 What You Need to Know About the $8,000 First Time Home Buyer Tax Credit Who Qualifies for the Tax Credit?  Never owned a home Have...

This entry is specific to the Gulfport Mississippi Community along with Realtors and Builders that service that area; however, I believe it is necessary to point out some facts.  MOST IMPORTANTLY, THIS PROGRAM WHICH GRANTS $50,000 TO QUALIFIED APPLICANTS HAS BEEN A FABULOUS OPPORTUNITY TO ACCELER...

We in the housing industry have a great opportunity to work toward the "Green Agenda".  Since I had a first hand experience with Katrina, building homes that withstand higher winds, insulating features that both strengthen a home and lower the use of heating/cooling are a necessity.  We can help ...

MORE AND MORE REASONS.... TO PURCHASE YOUR FIRST HOME TODAY! Congress Enacts Bigger and BetterHome Buyer Tax CreditA tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike th...

Congressional Desk March 05, 2009 Making Home Affordable Program Will Offer Help to Up to 9 Million HomeownersWashington, DC - Congressman Wm. Lacy Clay (D) Missouri, praised the Obama Administration´s announcement of detailed guidelines for the "Making Home Affordable" program. The President´s ...

More and more lenders are making it a requirement for home buyers to attend a buyers education class, to help ensure that they fully understand the steps they are about to take. Purchasing a home is a major change in your life and we want to help prepare you for what's to come. Before, during an...