Posted on February 1st, 2010, by DHW
The extended housing tax credits are set to expire soon. Buyers must have a signed contract on or before April 30, 2010. The transaction must close by July 1, 2010. There are additional extensions available to certain armed service, intelligence service and foreign service personnel.
DHW asks: Will you take advantage of the housing [...]
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Posted on February 1st, 2010, by DHW
The Treasury unveiled new changes to the Home Affordable Modification Program (HAMP) that could streamline the process for homeowners.
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Posted on January 29th, 2010, by DHW
WASHINGTON, DC – The U.S. Department of Housing and Urban Development and the U.S. Consumer Product Safety Commission (CPSC) today issued guidance on how to identify the presence of metal corrosion, as well as other indicators of problem drywall in homes. The guidance takes into account visual signs of [...]
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Posted on January 17th, 2010, by DHW
The IRS released its long awaited tax rebate form 5405 for buyers who closed on a home after November 6, 2009.
DHW asks: Will you use the new form 5405 to requisition your tax credit?
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Posted on January 17th, 2010, by DHW
A great post by seekingalpha.com
History can give us guidance in fixing our real estate crisis.
“Faced with his own foreclosure-nightmare, Julius Caesar came up with a decisive and practical means to cure the solvency crisis which was at the heart of that real estate meltdown. Caesar decreed…that all mortgage interest would be canceled. Thus, all mortgage payments [...]
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Posted on January 14th, 2010, by DHW
From The Orange County Register
“The Fed’s San Francisco unit noted housing in the West is “largely stable” in its 1st “Beige Book,” of 2010 — it’s a Federal Reserve Board report on regional economic conditions that’s done eight times a year.”
Read the entire article.
DHW asks: Do you think the housing market is beginning to stabilize?
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Posted on January 13th, 2010, by DHW
Despite being in New Jersey, the New Jersey housing market is showing signs of improvement, reports The Star Ledger.
DHW asks: Do you think the New Jersey housing market can survive in New Jersey? Yeah, we didn’t think so.
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Posted on January 13th, 2010, by DHW
From The Florida Times-Union
“Jacksonville City Councilman John Meserve has been suspended by the governor, just hours after he was charged with a third-degree felony of conducting real estate transactions without a license.” John Meserve is a former mayor of Atlantic Beach, FL.
DHW asks: Do you think Meserve is the only public official practicing real estate [...]
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Posted on January 13th, 2010, by DHW
The new RESPA handbook is now available on HUD’s website. Homebuyers will find it an interesting read.
DHW asks: Do you find the new RESPA changes helpful?
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Posted on January 13th, 2010, by DHW
Buyers hoping to take advantage of the housing tax credits will need to have a written, binding contract in effect by April 30, 2010. Buyers will have until July 1, 2010 to close.
There are exceptions for certain armed service, intelligence service and foreign service personnel.
DHW asks: Will you take advantage of the housing tax credits?
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