Anyone currently in contract and expecting to the get the $8,000 tax credit that hasn’t yet closed might be feeling a bit nervous! Welllll there is talk about extending the close date beyond the end of June. The below copy/paste doesn’t refer to it but to give you an idea… it seams that Bank of America is taking in many cases 60-75 days to process a loan (not a surprise!). Anyhow, take a peak at the below…. and if you are running close on your closing deadline; you might be able to relax! -Kristie McD.
Posts Tagged ‘Tax Credit’
Extending the Date to Close for the Tax Credit? Oh YES! Please DO!
Monday, June 14th, 2010Nationwide OPEN HOUSE Event 4/10-11! Oregon participating, especially Estacada!
Monday, March 1st, 2010
April 10th & 11th is National Realtors Open House event! If you want to see what’s out there; doors will be open… all over Portland and metro areas!! I’m excited to say that these dates coincide with the Ultimate Open House event taking place April 10th-11th & April 17th & 18th! The timing of both events is perfect for last minute home shoppers looking to benefit from the tax credit (or rebate as I call it).
Coldwell Banker CEO on Fox News: Market “what up”
Thursday, January 21st, 2010Jim talks about the credit for not only the first time home buyers but the credit for the move-up buyer as well. Interest rates are expected to rise but Jim points out that even when they reach 6% they will still be better than the rates we saw in the 80′s! I love your glasses Jim! Very Portlandy! -Kristie McD.
Link For Answers Pertaining to the Home Buyer Tax Credit….!
Monday, November 9th, 2009
This is the best place to go if you have questions regarding the tax credit extension. There are alot of questions in particular regarding the repeat home buyer… get some answers here! -Kristie McD.
So What is the Deal with that First Time Home Buyer Tax Credit?
Wednesday, November 4th, 2009
So it seems there was some progress made this week on extending the home buyer tax credit; this is great news because I have some first time home buyers that can’t close before 12/8/09 (in case I have clients reading this, no it’s not your loan unless your initials are BA- I don’t want to unnecessarily panic anyone I’m currently working with).
$8,000 Tax Credit Dissapearing? Condos & FHA Financing & More-
Tuesday, October 13th, 2009
Tax Credit Disappearing? That would be horrible for the housing market. Watch my favorite “TBWS” guys (link below). The credit has been expanded for veterans…
First time home buyers; time is running out to get your tax credit!
Saturday, September 12th, 2009
So I was discussing with a client today when she should have a home picked out, negotiated and in escrow to ensure she gets the tax credit when I realized, we’re less than 3 weeks away from what I consider a safe bet, September 30th.
Coldwell Banker’s CEO Pushing for a New Tax Credit for Home Buyers
Friday, August 7th, 2009
Jim Gillespie has appeared on several shows talking about the market…. his most prominent topic of discussion is the push for a new credit for the upward home buyer, a credit for $15,000. Although I completely agree that we need an incentive to get home buyers to purchase their next stage home (a home in the next price bracket above the first time home buyer) I disagree that it should be a set $15k. I think the smartest incentive we can offer would be one based on a percentage of the home sale; this would encourage ALL home buyers in all levels of income a reason to “make a move” (pun intended).
Still waiting to buy a home? Your ship is sailing…
Thursday, May 28th, 2009
$8,000 Tax Credit Advance… Don’t Hold Your Breath…
Friday, May 15th, 2009
The below comes directly from Bruce our blogging lender with Landover Mortgage in response to the recent announcement that the $8,000 may be available at the closing table (or at the time of purchase). To read an article on the topic: ARTICLE:CLICK HERE
Solution to the Housing Market. I agree with Jim!
Monday, May 4th, 2009
Jim Gillespie, president of Coldwell Banker was recently interviewed on Fox Business news and he said alot of great stuff (you can watch the video from the link below or just click play on the YouTube.com version under the link). In summary he suggests two things:
$8,000 Tax Credit Criteria & Scenarios
Monday, February 23rd, 2009
So many buyers are inquiring these days! I found a great write up on Money.cnn to share with you (it’s below) that goes over a few different tax (more…)
So Does This $8,000 Tax Credit Mean a Check?
Tuesday, February 17th, 2009
There’s a lot of confusion as to what exactly the Homebuyer tax credit means to the home buyer. Check out the link below but in a nutshell it means (more…)
$15k Home Buyer Tax Credit Hmmmm
Thursday, February 5th, 2009
I wanted to post on this real quick as it’s currently a hot topic in the headlines. Part of the stimulus package being proposed is a $15,000 tax credit for all home buyers, both first time and repeat home buyers. This would replace the $7,500 tax credit “loan” that is currently in effect. A big difference between this new tax credit and the $7,500 one (more…)
There is a tax credit of $7500 waiting for you
Friday, August 8th, 2008
Catch It While You Can. If you bought a home after April 9, 2008 or purchase one before July 1st, 2009.
There could be a tax credit of $7,500 waiting for you.
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