Archive for the ‘Tax Credits’ Category
Home Buyer Tax Credits
The Home Buyer Tax Credit
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If you are interested in qualifying for a home buyer tax credit you better hurry! Time is running out for the APril 30, 2010 deadline to have a contract in place. The deadline is for contracts only and closing must take place by the end of June.
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Happy House Hunting! Call or [...]
Home Buyer Tax Credit Extension
The congress has extended and expanded the 2009 home buyer tax credit. This is great news for buyers who have been on the fence about buying a home. The new home buyer tax credit allows for home buyers to get the credit as long as they have a contract for purchase on or before April [...]
The First Time Home Buyer Guide – How to Purchase Real Estate
The Process of Buying Real Estate
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Decide you are ready to buy your first place. You are not behind on your bills, have some money saved, and have a steady job. You are ready to start investing in your future and maybe plant some roots. Remember: to qualify for the 2009 first time home buyer tax [...]
2009 Tax Credit Bridge Loan
The 2009 tax credit can be used to help pay closing costs on a home loan. This can be done by through a bridge loan that will be repaid either monthly or when you file your taxes. The bridge loan can help with closing costs up to 10% of the home sale price with a [...]
Columbia SC Condo For Sale
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Thinking about moving to Downtown Columbia, SC? If so, consider 5-Points. 5-Points is a great village like area full of restaurants like Saludas, pubs, shops and boutiques like Wish, and cafes like Gourmet Shop. 5-Points is within walking distance to the University of South Carolina. A Place on the Greene, a mid-rise condo building, is [...]
Columbia SC Real Estate 100% Financing Options
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Last week it was announced that the 2009 first time home buyer tax credit could be used as a down payment. The next day all information about this new down payment method was removed from the HUD website. 100% financing for Columbia SC real estate came and went in the blink of an eye. All [...]
Down Payment Assistance For First Time Home Buyers
Down payment assistance is back! The Federal Housing Administration is going to permit home buyers to use the $8,000 tax credit as a downpayment. This is great news to the many first time home buyers who can’t afford the 3.5% down payment required for a FHA loan. The Columbia SC Real Estate market offers homes [...]
2009 Home Buyer Tax Credit – Simplified
The 2009 homebuyer tax credit simplified:Â
    – Must be 1st time home buyer.
      (defined as someone who hasn’t owned a house in 3 years)
    – The credit is for 10% of sales price
      ( not to exceed $8,000)
    – Must close on the home between 1-1-2009 and 11-30-2009.
    – The home must be your primary residence.
    – [...]
