Home Warranties Help Limit Real Estate Risk Spring has sprung and that garnishes an increase in activity in the real estate market. Buyers are out and about seeing properties and sellers are getting their homes ready for the market. These can be exciting and anxious times for the people on both sides of the transaction […]
Home Inspections Can Make or Break the Deal
Home Inspections Can Make or Break the Deal Match a willing seller with a qualified buyer, a loan approval and an acceptable appraisal and you would think a successful closing is a given. But too many seemingly solid contracts fall apart unnecessarily because of a misunderstanding of the property inspection. But, that does NOT have […]
New Legislation Introduced to Remove Marriage Penalty
New Legislation Introduced to Remove Marriage Penalty Legislation was recently introduced by Representative Eliot Engel (D-NY17) that would amend the Internal Revenue Code of 1986 eliminating the so called “marriage penalty” from the Home Buyer Tax Credit. The current guidelines require both spouses to have the same exact ownership history in order to claim the […]
Federal Home Buying Support Still Wanted
Federal Home Buying Support Still Wanted According to a new poll by the National Association of Home Builders (NAHB), Americans remain strongly committed to federal support for home buyers. Roughly 68 percent of those polled said the government should continue to support housing, and 65 percent believe the government should be doing more to keep […]
Buying Houses in Foreclosure
Buying Houses in Foreclosure Buying a house in foreclosure can be the deal of a lifetime or a risky proposition. Potential home buyers are attracted by homes advertised as foreclosures available at rock-bottom prices. These ‘would-be-homebuyers’ hope to win the lowest bid and purchase a home, sometimes having never seen or inspected the home. This […]
The Government Wants out of the Housing Market
The Government Wants out of the Housing Market The US federal government is looking to get out of the housing market whether we are prepared for it or not. Actually, the scheduled date of the fed pull out has been narrowed down to be within a few months time. By this happening there will be […]
First Time Home Buyer Program Can Save You Money
First Time Home Buyer Program Can Save You Money If you’re renting a home, you probably can’t wait for the time when you can get a place that belongs to you. Now, thanks to first time home buyer programs, it is easier to buy your first home than you may think. First time home buyer […]
Repeat Home Buyers Need to Act Fast
Repeat Home Buyers Need to Act Fast We’ve written about this subject a couple of times before, but it bears repeating now. Repeat home buyers need to act fast to capitalize on the expanded tax credit. This past November, Congress elected to expand the home buyer tax credit to repeat buyers after seeing the success […]
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