First Time Home Buyers

Found 50 blog entries about First Time Home Buyers.

There is a federal stimulus law for first-time home buyers that offers $8,000 in tax credit. This credit is better than a deduction because you can get it even if you don’t owe taxes. As with most federal things the fine print is so crazy complex that it is hard to figure out. This is unfortunate because if makes it hard for people to take advantage of these great benefits. Don’t miss out on this amazing opportunity just because it’s complicated.

To qualify for the credit you have to be a first-time homebuyer. The IRS considers you a first-time homebuyer if you (and your spouse, if you’re married) have not owned any other home in the past three-years. You also have to purchase your home between April 8, 2008 and Dec. 1, 2009. That means you can still

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There is a federal stimulus law for first-time homebuyers that offers $8,000 in tax credit. This credit is better than a deduction because you can get it even if you don't owe taxes. As with most federal things the fine print is so crazy complex that it is hard to figure out. This is unfortunate because if makes it hard for people to take advantage of these great benefits. Don't miss out on this amazing opportunity just because it's complicated.

To qualify for the credit you have to be a first-time homebuyer. The IRS considers you a first-time homebuyer if you (and your spouse, if you're married) have not owned any other home in the past three-years. You also have to purchase your home between April 8, 2008 and Dec. 1, 2009. That means you can still

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The housing burst has been blamed on the ability to buy homes with 0 money down. As the politicians blame the mortgage industry for giving away loans with no money down. The lenders create rules so that you need money down. Now the economy is doing worst so the politicians create funds for Free money to put down on a home. Well today, I can help anyone buy a home owner occupied for as little as 0 money down. Is the cat chasing its on tail? Possibly, but the early bird is going to get the worm today.

Although it seems to be intriguing, I will continue to have fun helping people grab the free money. We know of an accounting company that can help buyers use the $8000 tax credit as a source of down payment on a home. We also have a government grant here in

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A lot of people are asking me about the new $6,000 Grant.

Here are the basics:

The Home Run Grant offers $6,000 to home buyers who purchase a never-occupied residence in Utah.

The grants are available on a first-come, first-served basis.

There are only 1,600 grants left and they’re going fast. The approximate number of remaining grants will be posted on the UHC web page at http://www.utahhousingcorp.org/.

Home buyers must meet the following income restrictions to be eligible:
Single person, $75,000
Married couple, $150,000

Home Run applications are submitted through a home buyer’s mortgage lender.
Here is a free application: Loan Application

You do NOT have to be a first time home-buyer

The $6,000 CAN be combined with the new $8,000*

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A lot of people are asking me about the new $6,000 Grant.

Here are the basics:

The Home Run Grant offers $6,000 to home buyers who purchase a never-occupied residence in Utah.

The grants are available on a first-come, first-served basis.

There are only 1,600 grants left and they're going fast. The approximate number of remaining grants will be posted on the UHC web page at http://www.utahhousingcorp.org/.

Home buyers must meet the following income restrictions to be eligible:
Single person, $75,000
Married couple, $150,000

Home Run applications are submitted through a home buyer’s mortgage lender.
Here is a free application: Loan Application

You do NOT have to be a first time home-buyer

The $6,000 CAN be combined with the new $8,000*

1,588 Views, 0 Comments

The skinny for all buyers:
The details still aren’t readily available on this money but you do have a chance to get pre-approved now. You can apply for an approval here: Application

Buy a new home and you can receive a free $6,000. There are many awesome deals right now, but once May comes around many of the new homes at great pricing will be eaten up and off the market. The people who move now will be getting the best deals. There are some restrictions to the grant money. If you are joint filing, your income can’t exceed $100,000. For single filing the income limits are at $75,000.

Double, even triple dipping for 1st time homebuyers.
With the $6,000 Utah grant money, the govenrment’s tax credit of $8,000 and a 1st time home buyer grant of $5,000 1st

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The skinny for all buyers:
The details still aren't readily available on this money but you do have a chance to get pre-approved now. You can apply for an approval here: Application

Buy a new home and you can receive a free $6,000. There are many awesome deals right now, but once May comes around many of the new homes at great pricing will be eaten up and off the market. The people who move now will be getting the best deals. There are some restrictions to the grant money. If you are joint filing, your income can't exceed $100,000. For single filing the income limits are at $75,000.

Here is a link to the basic information about the grant: $6,000 Utah Grant

Double, even triple dipping for 1st time homebuyers.
With the $6,000 Utah grant money, the

1,024 Views, 0 Comments

Watch Out! Buyer Just Lost $2,000 when backing out of buying a home! It Happens to Many Buyers!

Ouch! No one wants to lose money when backing out of a home. It happens often where the buyer’s financing doesn’t go through, they lose a job, or they get buyer’s remorse about buying a property and back out. There are many different reasons why a buyer may back out of buying a home. However, there are keys to keeping your earnest money. Please remember this disclosure. Im not a lawyer. Im a real estate broker. The law is clear for real estate brokers to be in charge of the earnest money. There are rules that we have to abide by regarding earnest money.

What is Earnest Money? Earnest Money is a deposit you put down on a home. The amount shows how willing

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Free Grant Money up to $10,000

The federal government gives away free money. Everybody has seen that on TV. Most people just dont know where to go or how to get it and what the qualifications are.

The Qualifications:

1. Must be a first time homebuyer. (Meaning you cant have owned any homes within the past 3 years.)

2. Must be within a certain income bracket depending on how many people are in your household. (Sorry, dogs and pets dont count.)

How many are available? Why dont more people know about it?

Every year our relationship with the bank and government has been granted only 5 grants per year. My clients are always gobbling them up. Since there arent very many, not very many people know about it. Right now, I am filling out 3

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When is it the right time to sell your home and buy another one so you can make the most money?

Many people are asking this. Well, let's go over some numbers. Say you have a $200,000 home to sell right now in the Salt Lake Valley. We would have to go over statistics for your specific home and neighborhood but for an example we will just go with a safe number. Right now the odds of selling your home in your neighborhood is 25%. What about the odds of selling a home in a neighborhood where there are $400,000 homes? The odds will drop to about 2%. As you can see there is more demand in the neighborhood currently where you are selling and less demand in the area that you want to buy. This means two things. You are selling high....and buying low.

SHOULD

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