On 10/9/09, the House of Representatives voted 416 to 0 to pass the Service Members Home Ownership Tax Act of 2009 [1] which extends the current $8,000 first-time home buyer tax credit for another 12 months for members of the military, Foreign Service,
Read More...
Buying a foreclosure or bank owned home often is appealing to buyers trying to stretch their dollars. It’s finding a good one can that can be a challenge. Many banks don't want to advertise their homes negatively as "bank-owned" because
Read More...
A study of 24 million credit files by national credit bureau Experian and consulting company Oliver Wyman has shown that home owners with high credit scores are 50 percent more likely to deliberately walk away from a mortgage than lower-scoring borrowers.
Read More...
If you’re trying to sell your home, it goes without saying that you want to generate as much interest among potential home buyers as possible. So how do you make your house stand out — especially in this foreclosure-saturated market where
Read More...
$8,000 Home Buyer Tax Credit at a Glance · The tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior
Read More...