Posts tagged as:

Mortgages

Will the First-Time Homebuyer Tax Credit be Extended?

by Linda Johnson on October 28, 2009

With November 30th speeding toward us, many home buyers are wondering and asking, “Is the tax credit going to be extended?”  The tax credit has no doubt given a boost to the housing market this year, but will it continue?

waiting 

Will it be changed to include more home buyers?  There are many questions being asked, and many buyers who have not secured a signed purchase agreement on a home yet are

waiting anxiously to see if they will stay in the market or get out.  The latest information is indicating that there may be a vote coming up as soon as the end of this week. 

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What is the Best Mortgage for Me and Why Do I Need to be Pre-Approved?

April 30, 2009

So you have determined that you are ready to buy a home.  You pay your bills on time, you have established a budget, you have a job that can be verified and has some security.  That’s a lot to think about, isn’t it?  Yes, but if you are not comfortable doing these things, you should [...]

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Buy a Home and Get a Tax Break!

December 29, 2008

The Housing and Economic Recovery Act of 2008 authorizes a tax credit up to $7,500 for qualified first-time home buyers purchasing a home on or after April 9, 2008 and before July 1, 2009.  Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.  [...]

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Show Me the Money for a Minneapolis Home!

November 3, 2008

Credit Crunch! Global Financial Breakdown! Collapse of Wall Street! These headlines are extremely frightening if you are thinking of buying a home in the Minneapolis area any time soon. Where’s the money? The national credit crisis and the stock market worries have led to the perception that it is nearly impossible to obtain a mortgage. [...]

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