Congress voted this afternoon to extend the $8,000 First-time Homebuyer Tax Credit and created an additional $6,500 credit for existing property owners looking to sell their home and buy another.
Today’s House vote was 403-12 in favor of the bill after the Senate approved the measure in a 98-0 vote Wednesday night. The legislation now moves [...]
Archive for the ‘Info for Sellers’ Category
Homebuyer Tax Credit Extended and Expanded!
Posted in Info for Buyers, Info for Sellers, Market Updates, tagged homebuyer tax credit, tax credit on November 6, 2009 | Leave a Comment »
State of Ohio Bond Money Rates for First Time Homebuyers
Posted in Info for Buyers, Info for Sellers, Mortage, tagged cincinnati ohio real estate, cincinnati real estate, first time homebuyer state of ohio bond money, state of ohio bond money, state of ohio bond money rates on March 4, 2009 | Leave a Comment »
STATE OF OHIO BOND MONEY
For the First Time Home Buyers
5.625% for loans without 2.5% assistance grant
6.125% for loans with 2.5% assistance grant
5.375% for Ohio Heroes without 2.5% assistance grant
5.875% for Ohio Heroes with 2.5% assistance grant
Good only through Aug. 3, 2009
The Tax Credit also applies for these Loans.
Call: Charlene Fay w/ RE/MAX Elite for your [...]
Tax Credit Passes
Posted in Info for Buyers, Info for Sellers, Mortage, tagged cincinnati real estate, homebuyer tax credit, tax credit for homebuyers on February 19, 2009 | 1 Comment »
Guidelines for Home Buyer Tax Credit
Tax credit has been increased to $8,000.
Homes have to be purchased between January 1, 2009 and December 31, 2009.
No repayment/recapture clause for homes sold after 36 months of
occupancy and ownership.
1.The Tax Credit is for home buyers (either spouse if filing jointly)
who have NOT owned a principle residence during the three-year [...]
Homebuyer Tax Credit
Posted in Info for Buyers, Info for Sellers, Mortage, tagged cincinnati real estate, economic stimulus, first time homebuyers tax credit, homebuyer tax credit, tax credit for homebuyers on February 13, 2009 | Leave a Comment »
Compromise Agreement Reached on Economic Stimulus
The Senate and House Conference reached an agreement yesterday on the economic stimulus package legislation. Congressional leaders hope to officially unveil the measure sometime today.
Homebuyer Tax Credit
The homebuyer tax credit has been modified yet again and according to
reports is as follows:
· $15,000 tax credit has been reduced to $7,500 (or [...]
New FHA Requirements
Posted in Info for Buyers, Info for Sellers, Mortage, tagged fha down payment assistance, fha loans, first time homebuyer loans, loan requirements for fha loans on October 15, 2008 | Leave a Comment »
As volatility in the financial market continues, offering a product that meets the needs of first-time homebuyers has become increasingly difficult. The ability to obtain capital to continue our programs is severely limited. Despite recent rate increases, program volume has continued at a pace that can not be sustained. It has become evident that down [...]
Real Estate Agent Interview Questions
Posted in Info for Sellers, tagged questions to ask a real estate agent, real estate agent interview questions on July 2, 2008 | Leave a Comment »
I have found that more and more people are interviewing multiple agents these days, and it really takes an experienced and knowledgable agent to really sell homes in a tough market like the present. What I have compiled are a list of specific questions that you should ask every agent in order to get the best representation of your [...]
HUD-1 Settlement Statement Explained
Posted in Info for Buyers, Info for Sellers, tagged HUD-1 explained, settlement statement explained on June 12, 2008 | 1 Comment »
Closing your home should be exciting, and once you understand the process and how it works, it can be!
What I have done below is broken down each line with a detailed description of the HUD-1 Settlement Form. Once a closing date has been established, a HUD will be sent to you for review, and this way it makes it [...]
Top 10 Selling Mistakes
Posted in Info for Sellers, tagged cincinnati market values, Selling Mistakes on June 10, 2008 | Leave a Comment »
Before you decide to sell your home, be sure to review these Top 10 Selling Mistakes that may keep you from getting the most money out of your home.
1. PRICING TOO HIGH: It’s no secret, price is everything. Overpricing does more to discourage buyers than any other single factor. When you overprice, you put your [...]
