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Posts Tagged ‘Obama Tax Credit’

Breaking News | Senators Agree to Extend Homebuyer Tax Credit

October 31st, 2009 by nwarren

Christina Longo at Prospect mortgage sent me the following email this morning: Senators have agreed to extend the $8,000 first-time homebuyer tax credit originally set to expire on November 30. Once the Senate officially votes on the bill it will move to the House of Representatives, which strongly supports the extension. The Obama administration has [...]

Posted in:  8000 tax credit, My Thoughts, Tax Credit   |   Tags: , , , ,   |   No Comments

New $8000 Tax Credit Loan Program for Down Payments and Closing Costs

July 30th, 2009 by nwarren

Our good friend David Bolton over at Prospect Mortgage (one of Boston’s best mortgage brokers) just sent me an advisory memorandum from MassHousing explaining the new $8000 tax credit loan program.  I’ve posted it below and will explain some of the quick details in bullet points afterwards: “Governor Patrick announced today the establishment of a [...]

Posted in:  Boston Real Estate Market, FHA, Mortgage Market, Tax Credit   |   Tags: , , , , ,   |   No Comments

FHA Permits Use of $8000 Tax Credit as Down Payment!!

May 29th, 2009 by nwarren

Great news for first time home buyers released today!  The Federal Housing Administration (FHA) will allow home buyers to apply the Obama Administration’s new $8000 first-time home buyer tax credit towards the purchase costs of a FHA-insured home. Prior to this the tax credit was only accessible to buyer’s after filing their tax returns with [...]

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The New "First-Time Home Buyer Tax Credit"

February 17th, 2009 by nwarren

One of the major real estate related topics of the Obama stimulus bill is the first time home buyer tax credit.  While nothing is set in stone as of right now here is a rough play-by-play. The Tax Credit Right Now: -As of right now, first time home buyers who fit w/in income guidelines of [...]

Posted in:  Mortgage Market, My Thoughts   |   Tags: , , , , , , ,   |   No Comments

 
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