It’s a much-anticipated move that, for some reason, has taken a lot longer than most expected it would, but it’s being reported that the Senate has approved an extension (and modification) of the Home Buyer Tax Credit, which many believe will continue to drive the housing market upward, aiding in an overall economic recovery. Now, […]
Home Buyer Tax Credit Form
October 19, 2009 by
Several of our buyer clients who’ve purchased a home the past few months qualify for the Home Buyer Tax Credit, so it just seems natural to make the 5405 form readily available for you all. Please be sure you consult your tax adviser if you’re not completely sure about your qualifications or how to file […]
Supply and Demand – In Your Favor?
September 25, 2009 by
It’s a simple factor in market economics… supply and demand dictate pricing. As demand increases, so will prices if supply doesn’t keep up. As demand decreases, so will prices if supply doesn’t follow suit. As supply increases, prices will drop if demand doesn’t keep up. As supply decreases, prices will skyrocket if demand doesn’t drop. […]
It's 'Parade of Homes' Time!!
September 23, 2009 by
Whether you’re a house-junkie like me, a casual looker, or a serious buyer in the market for a new home, the next couple of weeks are designed just for you! Get out and enjoy the hard work our local builders have put into designing, building, and furnishing their showcase homes for this year’s Parade of […]
Home Buyer Tax Credit Push Still On
September 16, 2009 by
Home Builders, Realtors and Bankers continue to urge Congress to extend the home buyer tax credit, and from what I see day-to-day, there’s no shortage of would-be buyers who’d like to see it happen, but will it? Isakson’s legislation would extend the program through the end of 2010, almost double the credit to $15,000 and […]
Finance the Purchase AND Renovation of Your Next Home
August 31, 2009 by
In today’s lending climate, it’s tougher and tougher to find ways to borrow the money for renovation of a home, but contrary to popular belief, the programs are still out there. The FHA 203(k) program is one such option. For more information on how you can buy and renovate a house, just get in touch […]
Trade Your $8K Tax Credit for Lower Interest Rate?
August 31, 2009 by
The Party’s Almost Over! I’ve been telling would-be home buyers for several weeks that if they want to take advantage of the home buyer tax credit, NOW is the time to pull the trigger, or they’re in danger of missing the November 30th closing deadline. As a result of this looming deadline, we’re seeing a […]
Will Obama Extend the 2009 Home Buyer Tax Credit into 2010??
August 20, 2009 by
This question gets the award for the most asked question of August 2009. I’d assume it’s because the clock is ticking on those who haven’t found a house yet and they’re worried that they’re going to miss out. Well, I can’t tell you if the tax credit will get extended or not, but what I […]
TBW Ceases Mortgage Operations – Will This Affect Your Loan Approval???
August 6, 2009 by
In case anyone’s wondering if the closing of Taylor, Bean & Whitaker is for real and should be taken seriously, here’s a copy of their official press release: Take special note of the following statement: REGRETTABLY, TBW WILL NOT BE ABLE TO CLOSE OR FUND ANY MORTGAGE LOANS CURRENTLY PENDING IN ITS PIPELINE. This is […]
BEWARE – Another Big Lender Just Fell
August 5, 2009 by
In news that’s sure to further rattle an already-unstable mortgage industry, the Federal Housing Administration (FHA) today suspended Taylor, Bean and Whitaker Mortgage Corporation (TBW) of Ocala, Florida. FHA and Ginnie Mae are imposing these actions because TBW failed to submit a required annual financial report and misrepresented that there were no unresolved issues with […]
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