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Tag Archives: first time homebuyer tax credit
Homebuyer Tax Credit Extended & Expanded: Not just for First Timers Anymore!!
Congress voted Thursday afternoon November 5, 2009 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. The tax credit for both programs (first-time … Continue reading
Posted in Home Buyer Resource Tagged cincinnati first time homebuyers, Cincinnati Real Estate Agent, Cincinnati Realtor, first time homebuyer tax credit, first time homebuyer tax credit cincinnati, first time homebuyer tax credit expanded, move up buyer tax credit, realtor in cincinnati, tax credit renewal Comments Off
May Home Sales Continue 2009 Climb, Off 14.6% for the Yea
CABR released the following press release about May Home Sales in Cincinnati. Home sales locally continued their upward climb last month, as Realtors sold 1,658 units. That’s a 19.8% improvement over April’s sales activity. The average sale price in May … Continue reading
HUD Reversal: $8,000 First Time Homebuyer Tax Credit Clarification
I wanted to clarify the information that was released by HUD since the information they released last week was very generic. What I found out is that the proceeds of the $8,000 tax credit can only be used toward downpayment … Continue reading
Pending Home Sales Rise for Third Month in a Row
RISMEDIA reported record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking … Continue reading
Posted in Cincinnati Real Estate Tagged cincinnati first time homebuyers, Cincinnati Home Sales, cincinnati home sales increase, Cincinnati Real Estate, Cincinnati Real Estate Agent, first time home buyers, first time homebuyer tax credit, midwest home sales, National Association of Realtors 2 Comments
Homebuyer Tax Credit Questions Answered
Frequently Asked Questions About the Home Buyer Tax Credit As a follow up to my Guidance for the First time homebuyers entry a couple of months ago, I found a link to answer most of the questions buyers have about … Continue reading
Posted in Cincinnati Real Estate, Home Buyer Resource Tagged American Recovery and Reinvestment Act of 2009, cincinnati first time home buyers, cincinnati home buyers, Cincinnati Home Sales, Cincinnati Real Estate, Cincinnati Real Estate Agent, Cincinnati Realtor, first time home buyers, first time homebuyer tax credit, Guidance for the First time homebuyer, homebuyer tax credit, homebuyer tax credit questions, Pricing your home in cincinnati, real estate in cincinnati, selling your home in Cincinnati, tax credit eligibility, using tax credit, who qualifies for 2009 tax credit 5 Comments
$8,000 Tax credit cannot be used for down payment
The Arizona Republic ran a story about the fact that Federal officials on Monday reversing an earlier decision to allow first-time home buyers to use an $8,000 tax credit to borrow the down payment on a home. Lenders, home builders … Continue reading
Guidance for the first time homebuyer
If you are a first time homebuyer, here are a few guidelines for you to start to consider if you are thinking of buying a home in the next 6 months to a year. There are several steps to the … Continue reading
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