Recent Posts Tagged With 'tax advantages'

• Extension of $8000 Tax Credit--Now Also $6500 for Repeat Buyers

  Posted on Saturday October 31st, 2009 at 17:23 in tax advantages, first-time buyer programs

  The United States Senate passed a resolution on October 29th to extend the $8,000 first-time homebuyer tax credit originally set to expire on November 30. Once the Senate officially votes on the bill it will move to the House of Representatives, whic...

• $8,000 Tax Credit is Once Again a Help With Costs for 1st Time Buyers

  Posted on Tuesday June 2nd, 2009 at 11:04 in tax advantages, fha, first-time buyer programs

  There has been much confusion in the past several weeks about using the credit for a down payment, as HUD announced a tax credit but then rescinded the offer. Now, the latest information from HUD (May 29th) is now that the $8000 tax credit for FHA b...

• Back to Reality--No Using the $8000 Tax Credit for Down Payment

  Posted on Monday May 18th, 2009 at 20:03 in tax advantages, down payment assistance

  This has already been addressed in many other quarters, but just for the record, I'm including it here: Apparently, the HUD letter ML 09-15 has been rescinded as of last Thursday morning because it violated a federal law effective as of October 1, 20...

• California's New Home Tax Credit for $10,000

  Posted on Thursday May 14th, 2009 at 16:41 in tax advantages

  Announcement from California Association of Realtors: (NOTE: As of this morning, well over half of the $100,000,000 funds for a new home purchase are now committed, although not paid out. Buyer must close escrow, and then apply with 7 days after clo...

• First Time Buyers: $8,000 Credit May be Used as an FHA Loan Down Payment

  Posted on Wednesday May 13th, 2009 at 18:32 in tax advantages, fha, first-time buyer programs

  First-time homebuyers: Get the fast road to your $8,000 tax credit. Shaun Donovan, secretary of Housing and Urban Development (HUD) announced on May 12 that Federal Housing Administration (FHA) will allow its FHA lenders to allow homeowners to use th...

• More Demand, More Sales--More Sales, More Buyers and Sellers

  Posted on Tuesday April 21st, 2009 at 15:22 in tax advantages, capital gains

  In spite of the billions of dollars spent and given away to Freddie Mac, Fannie Mae plus numerous other banks and institutions, in spite of the many government loan modification programs and federal homeowner help programs, loan streamlining programs...

• Brief Explanation of New Buyer Tax Credit

  Posted on Monday March 2nd, 2009 at 13:22 in tax advantages, for buyers, rent vs. buy

  Buyers have until November 30, 2009 to take advantage of this credit. As you may know, not everyone who buys a home in 2009 qualifies for the new $8,000 Federal Tax Credit for a home purchase. Here is the qualification criteria: Buyers must be a firs...

• More on Tax Credits and Tax Savings for the Energy Efficient

  Posted on Wednesday February 25th, 2009 at 19:18 in tax advantages, energy efficiency

  Follow the link to this article for more about tax credits in the Stimulus Bill for being energy efficient, i.e., tankless and solar water heaters!...

• Vacation or Second Homes

  Posted on Wednesday August 22nd, 2007 at 10:21 in tax advantages, seniors, second home, 1031 exchange

  Sometimes, actually a lot of times, people think they don’t have the ability or resources to accomplish a certain goal, and then it truly becomes unattainable. A timely quote for this might be, “People don't plan to fail; they fail to plan.” (...