Smart Buyers
Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper.
Here’s the latest on extension of the homebuyer tax credit: http://www.google.com/hostednews/ap/article/ALeqM5hJJraNRE6DjWj2orF7SYJ12PADEAD9BPFFR01
Senate voted yesterday, House votes today … I think it will pass. A few hightlights:
not just for first-time buyers
up to $6500 for current homeowners who have owned for 5 years
up to $8k for first-timers
primary residence up to $800k
income limitations
Stay tuned.
must be under contract by April [...]
Read Full Post | Make a Comment ( None so far )Where are the deals in Austin real estate right now?
Where are the deals in Austin real estate right now? Get your wallet … they’re in the higher price brackets.
Read Full Post | Make a Comment ( 1 so far )condominium conundrum
not knowing condo rules can kill your deal
Read Full Post | Make a Comment ( None so far )Time Flies Baby: $8k tax credit … you better get in the process now
That means you should be looking at property in September which tells me you should be talking with your favorite lender and fav Realtor now.
Read Full Post | Make a Comment ( None so far )Home Warranty Coverage – What does it do for me?
The mystical home warranty. This blog tells more about general home warranty coverage, what it costs, and includes a few tricks of the trade you’ll need to know when reporting any problem to your warranty company!
Read Full Post | Make a Comment ( None so far )2009 First-Time Homebuyer Tax Credit
The above chart includes the major modifications to the home-buyer tax credit effective 2009. There are more details and requirements for the credit that are not listed but can be found at http://www.irs.gov/newsroom/article/0,,id=187935,00.html or
http://www.federalhousingtaxcredit.com/2009/faq.php
My appraisal came in low/high. ..How lenders establish loan amounts when contract and appraisal don’t match up…
Most often the appraisal comes in at the sales price. But sometimes it doesn’t.
Read Full Post | Make a Comment ( None so far )Diary of an Energy Audit
we were pretty sure our 1976 Northwest Hills home could use some efficiency improvements.
Read Full Post | Make a Comment ( 1 so far )FHA CONDO APPROVALS HALTED 10/01/2009 … New, existing and conversions all affected…
For years, as long as a condominium project was approved by HUD just once, that approval would last forever,
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