Currently viewing the tag: "$8000 tax credit"

100 Days Left To Claim The Homebuyer Tax Credit

On January 20, 2010 By

There’s 100 days remaining to claim the extended and expanded the First-Time Home Buyer Tax Credit program.

The expiration date of the up-to-$8,000 tax credit has been pushed forward to spring, requiring homebuyers to be under contract for a home no later than April 30, 2010, and to be closed no later than June 30, [...]

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Supplies Plummet – Housing Rapidly Rebounding

On December 1, 2009 By

We’ve been talking about this for months now and the data is growing to support the theories from earlier this fall.

Data:

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First-Time Home Buyer Tax Credit – Expanded and Extended

On November 6, 2009 By

The First-Time Home Buyer Tax Credit program has been extended and expanded.

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$8,000 Tax Credit Ends Sooner Than You Think

On October 1, 2009 By

The $8,000 First-Time Home Buyer Tax Credit program expires November 30, 2009 — seemingly 60 days from today.

I keep seeing it on blogs, hearing it on CNN, and reading it in the paper.

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IRS Releases 10 Facts about the First-Time Homebuyer Credit

On September 18, 2009 By

The IRS’ monthly tax tip email was directed at the First-Time Homebuyer Credit.  Here’s an excerpt:

Ten Facts about the First-Time Homebuyer Credit

Many taxpayers who purchase a home this year will qualify for an $8,000 federal tax credit. The refundable first-time homebuyer credit is a major tax provision in the American Recovery and Reinvestment [...]

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Chicago Mortgage Rates at Opening Bell

On September 9, 2009 By

We’re flat on the day.  There isn’t much economic news on tap for the week so the driving factors for mortgage rates are likely to be the Treasury auctions and anything that anyone from the says.

Treasury:  The 3-year auction went okay yesterday and [...]

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September 1 – Chicago Mortgage Rates Improving

On September 1, 2009 By

Rates Improving

Mortgage rates are improving as the stock market sells off.   With the clock ticking on the $8,000 Tax Credit, there are more homes pending sale than we’ve seen in two years and mortgage rates are nearing 2009 lows [...]

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FAQ: IHDA Home Start $8,000 Federal Tax Credit for First-Time Homebuyers

On August 31, 2009 By

When must Home Start loans close by?

These must close on or before November 30th.  There are no guarantees that the tax credit will be extended on a federal level nor are there any guarantees that IHDA would continue the program if the federal tax credit is extended.

What is the minimum down payment?

The [...]

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August 27, 2009 – Chicago Mortgage Rates

On August 27, 2009 By

Rallying Today

After getting crushed by a wave of good news at the opening bell, mortgage rates have rallied to get back to flat on the day.  Most of the selling pressure was related to the Fed comments that they [...]

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Home Prices under pressure to rise as inventory plummets

On August 27, 2009 By

I think we can find at least one reason why builder confidence is soaring — look at this new graph.

New Home Sales posted another winning month, now at four in a row and the best [...]

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