One of the most common questions I’ve been getting lately is ‘How do I get down-payment assistance?’ Well, if you’re in Edmond, Oklahoma City, or other areas in the OKC metro, there are a couple of ways to answer this: First, there’s the $31M bond money available to first-time homebuyers. Secondly, AND THIS IS BIG, […]
For The Non-First-Time-Home-Buyers
April 29, 2009 by
When the new $8,000 Tax Credit was announced, I heard a lot of frustration from my clients who aren’t first-time home buyers.. and rightfully so.. but we had a lot of conversations about the ‘trickle-up’ effect it would have on them. In other words, even though their pocketbooks didn’t directly benefit from the new credit, […]
More Goodies for 1st-Time Home Buyers in OK
April 19, 2009 by
Several months back I heard someone declare that down-payment assistance programs were dead and we’d never see them again. Well, apparently, that someone was wrong. As of the end of this month, there will be about $31M available to first-time home buyers in Oklahoma in the form of special bond money, at 5.83%, and down-payment […]
Need Some Tax Relief?
March 15, 2009 by
We’re exactly one month away from the dreaded day… Tax Day! Are you aware that if you don’t currently own a home, you may qualify for an $8,000 credit on the return you’re about to file for 2008?! What does that mean for you? If you owed $1,000 and you qualify for this credit, you […]
Home Buyers Incentive – NEW TWIST
February 25, 2009 by
About a week ago, I told you about the new version of the Home Buyer Tax Credit, and at that time I had an idea of how this could REALLY be a benefit to someone thinking about buying a home, especially if he/she didn’t have a lot of cash for down-payment or closing costs. I […]
Home Buyer Tax Credit Re-Invented
February 18, 2009 by
Well, it’s been brewing for a couple of weeks, and the final pieces are in place for the new Home Buyer Tax Credit. While it’s not as far-reaching as I’d hoped for, and there are plenty of questions about whether this measure will really do enough, here are the nuts & bolts of the new […]
Storm Shelters On My Mind
February 14, 2009 by
Storm Shelters On My Mind Originally uploaded by rhukill Since Tuesday’s bout with Mother Nature, there seems to be a lot of my clients with storm-safety on their mind, which in turn has me taking extra-special notice of things like you see here. This huge underground storm shelter is one of the perks of a […]
Housing Stimulus 2.0 – Is It The Solution?
February 5, 2009 by
A little over a week ago, I mentioned that Congress was hinting at sweetening the home buyer tax credit a bit, and it appears now that we’re a few steps closer to such a measure, as the Senate voted unanimously to add an improved Home Buyer Tax Credit to the proposed stimulus plan. While this […]
Congress Sweetening The $7,500 Home-Buyer Tax Credit?
January 27, 2009 by
Since it was announced in late 2008, the $7,500 home-buyer tax credit has received mixed reviews, mostly because as it currently stands, it has to be fully repaid in 15 years. So basically, it’s an interest-free loan (not such a bad thing in itself), rather than a true tax credit. Good news though… apparently, the […]
Edmond Real Estate – Keep it in Perspective
January 21, 2009 by
With average home prices in our area of the country being so affordable, it’s easy to lose sight of how good we really have it here in Edmond and Oklahoma City. Since we haven’t experienced the extreme appreciation some parts of the country have, we’ve also been sheltered from the dramatic downhill slides in pricing. […]
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