Real Estate Reflections
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4 Bdr Home in Flower Mound - Saltwater Pool & Spa
Stimulus for First Time Home Buyers & Current Home Owners Passes Both Houses of Congress
First-time home buyers (FTHBs) have been getting tax credits of up to $8,000 since January as part of the economic stimulus package. But with that housing program scheduled to expire at the end of November, the House voted to extend it into the spring - and to expand it to many people who already own [...]
Senate Votes to Extend First Time Home Buyers Credit AND Adds Credit for Other Buyers
Check out this article in the Washington Post about extending the First Time Home Buyers Credit and adding a $6,500 credit for buyers who have lived in their home 5 consecutive years out of the last 8. http://www.washingtonpost.com/wp-dyn/content/article/2009/11/04/AR2009110404564.html?hpid=topnews
First Time Home Buyers - 3 BDR Home - Lewisville Texas
Looks Like We?ve Been Investing our ?Talents? Wisely
Looks like we’ve been investing our “talents” wisely in the economy. Here is an article, “Last Week in the News”, contributed by Indoo Kapoor, Loan Officer Prospect Mortgage, 469-363-6092 Existing home sales rose 9.4% in September to a seasonally adjusted annual rate of 5.57 million units from 5.1 million units in August. The increase was largely [...]
First Time Home Buyer Credit Extension Considered by Congress
As the first-time homebuyer tax credit is set to expire on Nov. 30, 2009, government officials are considering ways to extend the $8,000 tax credit to many military personnel, if not to all first-time home buyers. As of last week, the U.S. House of Representatives voted ?unanimously to extend a first-time homebuyers? tax credit for overseas [...]
Good News! Commercial Loans Available!
Until recently, commercial loans were pretty tough to come by. But I am happy to say, that now I am receiving emails looking for projects to lend on. That is certainly a sign of us pulling out of this recession. While job losses lag a recession econcomy by 6-8 months (meaning job losses continue for 6-8 [...]
The Real Estate Market is Picking Up in Flower Mound
We are starting to see an increase in activity in the Flower Mound real estate market. More listings, more sales on the residential side and more leases on the commercial side. Loans are still hard to come by and take longer to process, but we are seeing more activity and that’s a great start to [...]
First Time Home Buyer - Stimulus Package
A tax credit of up to $8,000 is now available for qualified first-time home buyers (or anyone who hasn’t owned a home in the last 3 years)purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to [...]
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