Real Estate News - Free and Up to the Minute
The Seattle Post Intelligencer posted yesterday evening
that the FHA will allow the $8,000 tax credit (or advances against the tax credit) to be used for down payment and closing costs.
Although the details have not been totally released an are expected out of Washington by the end of the week, the desired effect of this move would be to provide buyers more incentive to buy and more of the means to purchase homes with less out of pocket expense.
More detail as they become available….
What REALTORS owe Steve Jobs There are times to talk business. There are times to whine. And then there are times to simply pay our respects. With the passing of Steve Jobs yesterday, now is one of those times.As REALTORS, we tend to be in a hurry all of the time. We are dealing with this … [Read More...]
Curtis Reddehase, a real estate broker in Austin Texas recently wrote announcing his decision regarding Listing Syndication Attack of the 50 Foot Woman movie and why his brokerage will no longer be participating in that form of marketing. Several reasons were cited, but the 2 main reasons boiled down to: 1. He doesn’t want his [...]
.!. If the $8,000 first time home buyer has proven to bring reluctant first time buyers into the market then the recently proposed $15,000 tax credit to all buyers could be a game changer. The real estate market has been in the doldrums for the past few years and with the introduction of the first time [...]
According to a Press Release by Keller Williams, KW and CitiMortgage have entered into an agreement to provide mortgages with reduced fees and a $1,500 on time closing guarantee. While this is not the first agreement of its kind in the industry, it is part of a growing trend among franchises. “Our goal is to [...]
Is the tax credit available if I buy a home from my brother?
Gregory