Singles benefit more from housing tax credit – video
Posted on March 3rd, 2010, by DHW
News video regarding home buyer tax credit.
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Tags: buyer, Housing, housing tax credit, single, singles, tax credit
Archive for the ‘housing tax credit’ Category
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Housing tax credits – 58 days to go!
Posted on March 3rd, 2010, by DHW
Homebuyers have 58 days to obtain a written, binding contract to qualify for the housing tax credits. First-time buyers and buyers who have not owned a primary residence for the past 3 years qualify for an $8,000 tax credit (or 10% percent of the sales price, whichever is less) so long as they are under [...]
Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, Housing, housing credit extension, realtors, tax credit, worker homeownership and business assistance act of 2009
IRS releases new tax rebate form for recent home purchases
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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Tags: $6500, $8000, form 5405, housing tax credits, irs, tax credit
Game clock: Housing tax credits expire in 107 days
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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Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, housing credit extension, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
Tax Credits: extra perks for armed service and foreign service personnel
Posted on December 30th, 2009, by DHW
Press release explaining housing tax credits benefits for the armed service, intelligence service and foreign service personnel (National Association of Realtors).
“SAN DIEGO – Nov. 13, 2009 – According to the National Association of Realtors@ (NAR), the recent homebuyer tax credit extension expands benefits for the U.S. military.
Armed service, intelligence service and foreign service personnel on [...]
Tags: $6500, $8000, armed services, foreign service, Housing, housing credit extension, intelligence service, tax credit, tax credit extension, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
Tick-tock, Housing Tax Credits expire in 153 days
Posted on November 28th, 2009, by DHW
Before you know it, we’ll be saying goodbye to the beloved housing tax credits that brought new life to sales markets around the country. Here are some helpful links for first-time buyers seeking an $8,000 tax credit and for those taking advantage of the $6,500 tax credit.
The $8,000 Tax Credit (this link is provided by [...]
Tags: $8000 tax credit, 6500 tax credit, housing tax credit extension guidelines, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
Will expanding the housing tax credits beyond first time homebuyers contribute to housing inventory woes?
Posted on November 15th, 2009, by DHW
The Capital published an intriguing article addressing the potential side-effects of expanding the housing tax credits beyond first time homebuyers. The article raises some fair questions with regard to existing homes needing to be liquidated so that current homeowners can take advantage of the housing tax credits now afforded to them. The Capital article focuses on [...]
Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, buyers, congress, extension, first time buyers, first time homebuyers, home buyers, home sales, home seller, homebuyers, Housing, housing credit extension, housing inventories, housing inventory, housing news, inventory, Obama, president barack obama, President Obama, Real Estate, real estate news, Sales, seller, tax credit, tax credit extension, The Capital, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
Realtors forecast uptick in home prices 2010
Posted on November 14th, 2009, by DHW
Lawrence Yun, chief economist for the National Association of Realtors, predicted on Friday that home prices will rise in 2010. If his prediction holds true, home prices will see their first increase in four years.
Yun pointed to the current price-income ratio of 2.4 as evidence of pent-up demand in the market. The price-income ratio accelerated [...]
Tags: $6500, $8000, $8000 tax credit, 2010, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, buyers, extension, first time buyers, first time homebuyers, home buyers, home prices, home sales, home seller, home values, homebuyers, Housing, housing credit extension, housing news, housing prices, housing report, national association of realtors, price income ratio, Real Estate, real estate news, realtors, Sales, seller, tax credit, tax credit extension, us home prices, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
Critics be damned. Home sales up, prices down
Posted on November 10th, 2009, by DHW
Critics of the Housing Tax Credit were quieted, if only briefly, when the National Association of Realtors (NAR) released data for third quarter home sales. According to the trade group, home sales increased by nearly 6% over this same time last year. Despite the spike in sales, prices have fallen more than 11% during the [...]
Tags: $6500, $8000, $8000 tax credit, 177900, 2009, 2010, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, bottom, Builders, buyers, congress, down, extension, first time buyers, first time homebuyers, foreclosure, foreclosures, home, home buyers, home prices down, home prices down sales up, home sales, home sales data, home sales up, home sales up prices down, home seller, home values, homebuyers, Housing, housing bottom, housing credit extension, housing inventories, housing inventory, housing news, housing prices, housing report, housing sales data, housing tax credit, inventories, inventory, lender, loan, mortgage, nar, national association of realtors, Obama, president barack obama, President Obama, price, Real Estate, real estate news, realtor, realtors, Sales, sales data, short sale, short sales, tax credit, tax credit extension, third quarter, up, VA compromise sale, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
DesperateHouseWise Update
Posted on November 7th, 2009, by DHW
DesperateHouseWise.com added a new page to its site. Modification Center offers helpful information for homeowners seeking a loan modification or refinance. Find information about Making Home Affordable and local foreclosure prevention events. You can even find a free, HUD-approved housing counselor.
DHW also added Housing Tax Credits. This page provides in-depth information regarding the recent extension and [...]
Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, and Business Assistance Act of 2009, bill h.r. 3548, buyer, buyers, counslor, fannie mae, first time buyers, first time homebuyers, foreclosure, foreclosure prevention, guidelines, h.r. 3548, home, home buyers, home owner, home owners, home seller, homebuyers, homeowner, homeowners, Homeownership, house, Housing, housing counselor, housing news, housing report, housing tax credits, lender, loan, loan modification, loan modification letter, modification center, mortgage, Obama, President, president barack obama, President Obama, Real Estate, real estate news, refinance, seller, tax credit, tax credit extension, Worker, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009