Home Buyer Tax Credit

National Flood Insurance & Tax Credit Extension Approved!

FROM:       NAR Government Affairs RE:         Tax Credit Closing Date Extension/Flood Insurance Extension DATE:       30 June 2010 After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place … Continue reading National Flood Insurance & Tax Credit Extension Approved!

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5 Great Tips for first time homebuyers-Tampa, Fl

Timing Couldn’t Be Much Better for First-time Homebuyers– Be Sure You Make the Right Moves By Rae Catanese, PA Prudential Tropical Realty-Tampa, Fl First-time homebuyers dominated the U.S. real estate market in 2009, accounting for roughly half of all residential transactions, according to the National Association of REALTORS®. That trend is likely to continue well … Continue reading 5 Great Tips for first time homebuyers-Tampa, Fl

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Home Owner Move-Up/Repeat Home Buyer Tax Credit FAQ

The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April … Continue reading Home Owner Move-Up/Repeat Home Buyer Tax Credit FAQ

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Exisiting Home Owners qualify for a home owner tax credit

Home Owner Move-Up/Repeat Home Buyer Tax Credit FAQ The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 … Continue reading Exisiting Home Owners qualify for a home owner tax credit

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NEW Home Buyer Tax Credit Extension-What you NEED to know!

If you are looking to use the first time home buyer tax credit, here is the information on changes and the extension. I’ve also posted links to a spreadsheet that provides more details on changes to the tax credit.   Please take the time to read over the Frequently Asked Questions document as well.  Please let … Continue reading NEW Home Buyer Tax Credit Extension-What you NEED to know!

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CNN Reports-Senators agree to extend home-buyer tax credit

Here’s an update on the home buyer tax credit which is hopefully going to be EXTENDED until June 2010.  This will make a big impact on Tampa Real Estate, since many buyer’s have now run out of time to purchase a home by Dec. 1st.  Glad to see they are working on extending it! WASHINGTON — Senators … Continue reading CNN Reports-Senators agree to extend home-buyer tax credit

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Realtors Tell Congress to Extend Tax Credit-Tampa, Fl

There is no official news that the tax credit will be extended past the Dec 1st deadline.  Realtors are campaigning to ask Congress to extend the credit for one year. As a Realtor,  I can assure you that the $8,000 first-time homebuyer tax credit has definitely been a success.  Homebuyer interest and housing sales increased … Continue reading Realtors Tell Congress to Extend Tax Credit-Tampa, Fl

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Free Home Buyer Seminar at IKEA in Tampa

First Time Home Buyers Seminar @ IKEA “$500 certificate for closing costs to anyone that attends”   Hosted by: Transcontinential Lending Group Price: FREE Infact we are giving away $500 dollars for attending   Date: Tuesday, September 15, 2009 Time:  7:00pm Location: IKEA Ikea Tampa, FL  - www.ikea-usa.com 1103 N. 22nd Street, Tampa, Fl 4 reviews, … Continue reading Free Home Buyer Seminar at IKEA in Tampa

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Buyers Face Roadblocks for Dec 1st deadline of homebuyer tax credit-Tampa, Fl

Decision Time Draws Near for First Time Buyer’s Credit While the economy continues to show signs of improvement and many housing markets are beginning to heat up, scores of would-be buyers are still waiting on the sidelines for further positive housing trends. But for first-time buyers, time is running short on the federal government’s $8,000 … Continue reading Buyers Face Roadblocks for Dec 1st deadline of homebuyer tax credit-Tampa, Fl

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Home Buyer Tax Credit Down Payment Update

Friday the St. Petersburg Times stated that Governor Christ signed a bill to allow for the First Time Homebuyer Credit to be used as down payment and I am getting numerous emails regarding the details so I wanted to take a moment and update everyone.  FHA announced today that it will allow the First Time … Continue reading Home Buyer Tax Credit Down Payment Update

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$8,000 tax credit for first time home buyers can now be used as a downpayment!

Tony Marks with Marks and Marks Mortgage just informed me of a great benefit for those looking to purchase a home this year! "We all want to enable FHA consumers to access the tax credit funds when they close on their home loans so that the cash can be used as a down payment." United … Continue reading $8,000 tax credit for first time home buyers can now be used as a downpayment!

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