Joe Knows Mortgages » first time homebuyer tax credit

There Is Still Time To Take Advantage Of Government Incentives!!

Joe Harris — Tue, 16 Mar 2010 18:11:28 +0000

It is a great time to be involved in the Real Estate industry; home prices are great, interest rates are at historic lows, and there are still government incentives to purchase a home. The government incentives are set to expire, and you will need an executed contract by the end of April to take advantage of the tax credit. There is still time to get in on this once in a lifetime deal, so do not delay, act now!

Has the Brevard County Real Estate Market hit Bottom?

Joe Harris — Mon, 15 Feb 2010 16:13:14 +0000

Welcome to the first market data report for Brevard County Real Estate of 2010. While 2009 turned out to be a good year for both the reduction in inventory, and sales of existing inventory, it also proved to be the year of lending changes, and bottoming out prices. With 2009 in the distant past, we now get our first glimpse into the new decade for 2010.

Interest rates have only one way to go!

Joe Harris — Wed, 18 Nov 2009 20:55:42 +0000

Let me make a statement, and I hope you truly digest what I am about to say: the interest rates on mortgages here in Brevard County, Florida are about 1/8% off of their lowest levels in history. That means that if you qualify for a mortgage, you could potentially get a better rate on your loan than just about anyone in history. With interest rates and home prices as low as they are, people should be lining up to buy homes. However, these rates have only one way to go, and we are headed there soon.

First Time Homebuyer Tax Credit Extended Into 2010!

Joe Harris — Fri, 06 Nov 2009 21:09:52 +0000

First Time Homebuyer Tax Credit Extended Into 2010! Plus…A New Tax Credit for Certain Existing Home Owners! It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009. In addition to extending …

First Time Homebuyers, The Clock is ticking!

Joe Harris — Wed, 02 Sep 2009 19:10:54 +0000

Uncle Sam wants you to buy a house! If you are a first time homebuyer, he is even willing to give you an $8000 tax credit to do so. Time is ticking awayâ€¦this deal only lasts through November of 2009. With rates still low, many properties to choose from that are aggressively priced, it really is the time to take advantage of the deals and get $8000 from Uncle Sam.

What a great time to be a first time home buyer!

Joe Harris — Wed, 15 Jul 2009 15:48:47 +0000

Did you know that if you have not owned property in the last 3 years that you are considered a first time homebuyer? That means that you may be eligible for the $8000 first time homebuyer credit if you purchase a home before December 1st, 2009. The program is fairly simple: ·Must be first time …