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Ohio First Time Home Buyer Credits
Home Buying Credits for Cincinnati, Ohio Residents There are still some home buying credits available to Cincinnati residents. For those of you not familiar with the program, there are a few things to keep in mind when talking with your … Continue reading
Home Buyer Tax Credit – Closing Date Extended to September 30th.
Congress — both the U.S. House and Senate — passed the Homebuyer Assistance and Improvement Act of 2010 (HR 5623), which extends the Closing Deadline for Homebuyer-Tax-Credit eligible transactions to September 30, 2010 (instead of June 30). This extension of … Continue reading
Posted in Cincinnati Area Board of Realtors, Cincinnati Real Estate, Home Buyer Resource, Home Seller Resource, Taxes Tagged closing date, congress, congressional leaders, contracts, gap, government affairs, home buyer, homebuyer assistance, homebuyers, improvement act, june 29, Legislation, political spectrum, seamless transition, senate, tax credit, unanimous consent, vote 1 Comment
Cincinnati Spring Real Estate Market Shows Improvement
The numbers released form the Cincinnati Area Board of Realtors show that the local real estate market has improved since last year and is trending towards stability and balance. Year over year 2010 spring season has been much more active … Continue reading
Posted in Cincinnati Area Board of Realtors, Cincinnati Real Estate, Home Buyer Resource, Home Seller Resource, Real Estate Marketing Tagged 5 months, board of realtors, cincinnati area board, cincinnati spring, five months, local real estate, local real estate market, moths, Real estate market, spring real estate, spring season, tax credit 3 Comments
Pending Home Sales Surge in Cincinnati and US
Due in large part to the Federal Housing tax credit the pending home sales in April surged to a 110.9 index rating up from 104 in March. How do we know that the tax credit was the cause of the … Continue reading
The Cincinnati Real Estate Market after the Tax Credit
A number of my discussions with other real estate agents and clients have focused on the state of the Cincinnati Real Estate market after the $8,000 tax credit. The situation is very postive because there are a number of other … Continue reading
Posted in Cincinnati Real Estate, Mortgages and Finance, Property Value Tagged affordability, better homes and gardens, Cincinnati Real Estate, economy, interest rates, loans, Mortgage Rates, real estate agents, Real estate market, residential market, residential real estate, s market, tandem, tax credit, two thirds, unemployment, wages 1 Comment
EPA Issues New Lead Based Paint Regulations
At the end of April the EPA issued new regulations for contractors who work in homes built before 1978. Before 1978 paint was made with lead as a base ingredient, and therefore the EPA has issued a mandate that all … Continue reading
Posted in Cincinnati Real Estate, Contractors and Renovations, Green Living, Mortgages and Finance, Renovations Tagged bathroom renovation, cincinnati contractors, Cincinnati Real Estate, dreams, epa rules, home loans, lead based paint, lead based paint disclosure, mandate, paint regulations, real estate transactions, tax credit, underwriters 1 Comment
I Missed the $8,000 Housing Tax Credit so Should I Still Buy a Home?
In recent days I have had a few phone calls from first time home buyers asking me if they should still buy a house even though they missed the $8,000 tax credit. In some cases they could not find the … Continue reading
Posted in Cincinnati Real Estate, Home Buyer Resource, Property Value, Taxes Tagged $8000 tax credit, 6 years, fire sale, first time home, first time home buyers, gap, good deals, home values, interest rates, key point, long term investment, lower bottom, median home price, property values, real estate investment, real estate investment services, record lows, rise and fall, tax credit, time home buyers, value appreciation Comments Off
HUD Reversal: $8000 Tax Credit Can be Used Toward Downpayment
I just got new information from HUD released today May 29, 2009 that the $8,000 tax credit can be used toward the downpayment of an FHA insured home. HUD stated on their website that families can only access this credit … Continue reading
Posted in Cincinnati Real Estate, Home Buyer Resource Tagged American Reinvestment and Recovery Act, Cincinnati Real Estate, Cincinnati Real Estate Agent, Cincinnati Realtor, Downpayment and first time homebuyer tax credit, first time homebuyer in cincinnati, first time homebuyers in cincinnati, HUD, non-profit tax credit, seller funded downpayment, tax credit 6 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
July Home Sales Up in Cincinnati
Local Realtors sold 1,854 homes in July, and 11,371 the first seven months of the year. July sales represented the second best month of the year, relative to last year sales. Nationwide, July home sales seasonally adjusted were up 3.1% … Continue reading
Posted in Cincinnati Real Estate, Uncategorized Tagged Cincinnati, real estate sales, tax credit 1 Comment
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