Posts tagged as:

Tax Bill

Home Buyer Tax Credit 2010 FAQ

November 10, 2009

Question: Must the new house cost more than the old house?
Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will qualify for the $6500 credit.

Question: I am an existing homeowner. On October 25, 2009, I signed a contract to purchase [...]

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Buyer’s Delight – Tax Credit Additions | Extensions

Home Buyer Tax Credit November 9, 2009

If you were buying a home and rushing to close by Nov. 30th, you can now breathe a sigh of relief.  Let’s go over what’s happened and the rationale.

First Time Home buyer tax credit of $8,000 extended to April 30th, 2010 – NEW WRINKLES

If you are under contract by the 30th, you can still get [...]

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TAX CREDIT – LAST MINUTE CRAM GUIDE

Thumbnail image for TAX CREDIT – LAST MINUTE CRAM GUIDE October 21, 2009

Got a lot of folks asking me a bunch of questions about the $8000 First Time Home buyer tax credit, so I thought I might try to answer it here.
Only 2 Weeks?  I though it was until Dec 1st.
Right! Unless you have cash, it’ll likely take your lender about 30 days to work through [...]

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$99 A Month for 12 Months – Not a Gimmick Thanks to $8,000 Tax Credit

8000 tax credit June 30, 2009

You might have read the headline and thought, oh no!  This is another one of those funky loans that change over time.  Nope.  It’s not a special loan, it’s another way to think about the $8,000 tax credit.  If you take a $125,000 home’s payment of roughly $750.00 a month at 6% interest rate (fixed [...]

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In Depth Video On 2009 Tax Credit

April 27, 2009

I was planning on doing a video myself, but my company beat me to it. I thought this was a great video that explains the 1st time home buyer tax credit.

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Tax Credit FAQ – Part 2

December 30, 2008

If you’ve talked me at all, you’ve probably heard about the $7,500 Tax Credit that first time home buyers get.  I posted a pretty good FAQ on it earlier (Tax Credit Will You Get It) , but I’ve come across 2 additional questions I thought it would be worth sharing.  Keep in mind all of [...]

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Do you Twitter?

October 16, 2008

Just a little note to remind folks that I’m pretty much jumping into to becoming a social media guru.  I want to be the one on the internets for all your real estate needs, so be sure to follow me @JarvisTeam .
I’ll be posting some follow up to the tax credit in the coming days.  [...]

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$7,500 Tax Credit – Are you going to get it?

October 16, 2008

On July 30th Pres. Bush signed a major housing bill (HR 3221) into law.  As part of the bill, Congress created a new, temporary tax credit to provide some incentive to buy a home.  Here’s a quick check list to see if you qualify:

Bought and CLOSED after April 9th, 2008
YOU MUST CLOSE BEFORE JULY 1st, [...]

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