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 […]
How to Get the 2009 First-Time Home Buyer Tax Credit
July 23, 2009 by
These days we do a lot of talking about the Federal Home Buyer’s Tax Credit, mostly because the clock is ticking and, believe me, this is NOT a time to procrastinate! One of the questions I’ve heard a lot lately is ‘How do I get the tax credit?’ While the answer is really pretty simple, […]
Home Buyer Tax Credit Qualifications
June 17, 2009 by
We get a lot of questions about who does and doesn’t qualify for the Home Buyer Tax Credit, so why not put it out here for everyone to find? While there’s a lot of talk about Congress making some modifications in the future, this is a thorough resource for information about the Tax Credit as […]
Don't Let Time Run Out On You!
June 13, 2009 by
If you’re a Home Buyer planning to take advantage of the Home Buyer Tax Credit, it’s time to kick things into high gear! As you may or may not know, one of the requirements to qualify for the $8,000 tax credit as it stands right now is to close on your home no later than […]
Need Down-Payment Assistance??
May 12, 2009 by
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, […]
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 […]
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