South Tampa Realtor
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 […]
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 […]
Hello readers: I’m posting an article that was in The Tampa Tribune a couple weeks ago. Shannon, the reporter from the times, called me for an interview! I highlighted the article where she quotes what we disscused regarding the housing market in Tampa Bay. By SHANNON BEHNKEN | The Tampa Tribune Published: March 27, 2009 Joseph […]
GOP Plan Aims to Expand Home Buyer Tax Credits By Renae Merle Washington Post Staff Writer Wednesday, March 25, 2009; House Republican leaders plan to unveil a housing package today that would increase the tax credits available for home buyers and would direct law enforcement to crack down on mortgage fraud. Under the proposal, borrowers […]
Should you buy now? Discounts look favorable in Tampa Housing Market-2009 Here’s a column from today’s St. Petersburg Times: It’s actually the most cut and dry, easy to understand article that I’ve seen. It explains all the ways you can use today’s Tampa Real Estate Market, Low Interest Rates and the National Home Buyer Tax Credit to your […]
The American Recovery and Reinvestment Act of 2009 ENHANCED HOME BUYER CREDIT Who Qualifies?: Anyone who has not owned a home for the preceding three years. That means you may still qualify for the incentive even if you and your spouse owned a home more than three years ago. How Much?: The incentive calls for […]
Get Money into the Financial System Quickly: The summary below presents all the bill’s provisions, condensed into some general subject headings. Many of these provisions are likely to survive in whatever legislation comes next. The credit markets are nearly frozen. Lenders can’t lend because they are receiving no payments on existing loans. The legislation allowed […]
The frequently asked question about the new federal tax credit for first time home buyers is “does it have to be repaid”? The answer isn’t exactly a cut and dry and yes or no. What the government has defined as a first time home buyer is misleading in my opinion. It’s actually a big bonus because it really isn’t […]
Ballast Point- Tampa, Fl This is the best news article I found that outlines the details of the new Housing Bill and what it will mean to first time home buyers, as well as, homeowners facing possible foreclosure. Our Tampa Real Estate market will see a huge impact from this new law, as many people […]
On July 11th, the Senate voted 63 to 5 to approve the legislation. As a result of your efforts, HR 3221 creates affordable housing opportunities by setting loan limits up to $625,500 for Fannie Mae, Freddie Mac and FHA, and will stimulate housing demand with a temporary $7,500 home ownership tax credit. The bill also […]
