By: Rae Haining | 2010-03-29 | Real Estate With all the recent interest in The First Time Home Buyer Tax credit, this article details what it is and how it effects you. This offers Buyer's guidance into what their benefits in the Nashville TN home sales market will be according to the recent new Federal guidelines. read more
By: Gladeya Smith | 2011-03-07 | Business As part of the American Reinvestment and Recovery Act (ARRA) of 2009 signed into law by President Obama, many programs were initiated with the aim to improve the housing market. read more
By: Ceci Valenzuela | 2010-03-31 | Real Estate This article contains information about the first time home buyer tax credit program. This article specifically explains how the tax credit works and how you can take advantage of this government offer to assist home buyers with a down payment for the purchase of a home. read more
By: Matt Kurtz | 2010-03-31 | Real Estate A federal housing tax credit is available to first-time home buyers. Home purchases made between January 1, 2009 and December 1, 2009 qualify for the credit. The "purchase date" is the date when closing occurs. For purposes of the tax credit, a "first-time home buyer" is a buyer who has not owned a principal residence during the three-year period prior to the purchase. For married taxpayers each spouse must satisfy the three year rule in order to qualify for the credit. read more
By: Gurmit Singh Toor | 2010-03-30 | Real Estate Taxpayers who qualify for the first-time home buyer credit and purchase a home this year (before Dec. This special feature can put money in first time buyers' pockets right now rather than waiting another year to claim the tax credit. Taxpayers are urged to consult a professional to determine the tax consequences of a sale. read more
By: Marcy Ruberto | 2010-03-30 | Real Estate Have you been asked by your clients about the First Time Home Buyer Tax Credit? As a mortgage professional, you can build trust and loyalty with your clients if you have a basic understanding of the tax credit and how it can impact their decisions when applying for a loan. read more
By: Luis Mispireta | 2010-04-03 | Real Estate First time home buyer tax credit facilitates the purchase of a home for a new home owner but requires the understanding of the original tax credit and the modification by the American Recovery and Reinvestment Act. Here we will explore these elements and see how it can be used to hel you complete your purchase. read more
By: Blair Zeno | 2010-03-27 | Real Estate If you are buying a home in Phoenix AZ this year you may qualify for the first time home buyer $8000 tax credit. Initially, the first time home buyer $8000 tax credit was designed as a refundable tax credit on a buyers tax returns. Now, a new HUD initiative allows a qualifying first time home buyer to receive these funds upfront to be used as a down payment or money towards closing. read more
By: Ki Gray | 2010-03-30 | Real Estate There is a provision in the Housing and Economic Recovery Act of 2008 that allows first time home buyers the ability to receive a credit on their taxes of up to $7,500 for purchasing a home. There is also a provision in the American Recovery and Reinvestment Act of 2009 that expands this tax credit for qualified first time home owners. The provision is called the first-time homebuyer credit. read more
By: Carlos Montes | 2010-03-27 | Real Estate The beauty of this particular credit is the flexibility of the purchase options. In addition to the standard single-family home unit, this tax credit covers a lot of residential real estate. read more
By: Albert Arouh | 2010-03-26 | Real Estate Time is running out first-time home home buyers to take advantage of a $8,000 tax credit. Losing this program will have a definite impact on future housing sales. The program expires on 12-01-2009. Is there enough time and interest for Congress to save the program? read more
By: Randy Rodenhouse | 2010-04-01 | Taxes This article explains the $8000 home buyers tax credit and how you can take advantage in 2009. You should be able to answer the following questions when you are done reading this article. Who can take advantage of the tax credit? How long is this opportunity good for? How much tax credit will you get? Are there income limits for who is qualified to participate? Does the tax credit need to be repaid? What is meant by refundable? Can you claim your tax credit in 2008 tax return? read more
By: Cindy Morus | 2010-03-29 | Real Estate First time home buyers can get up to an $8,000 refundable tax credit courtesy of the Federal government's Housing and Economic Recovery Act of 2008 and expanded in 2009. So, what does it all mean? read more
By: Simon Parks | 2010-03-30 | Real Estate The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. We are past the half way point towards that expiration date! read more
By: Andrew Stratton | 2010-03-31 | Real Estate If you have put on hold your plan to own a home because of the economic recession, you have reason to cheer now. There is a new $8000 tax credit plan for the first-time home buyers. But are you eligible for it? read more