Currently viewing the tag: "Tax Credit"

The extended and expanded first time home buyer tax credit ends in just 7 weeks.

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The economy’s improving but lending standards are not. Nationally, banks are making mortgage approvals harder to come by. Underwriting guidelines are tightening.

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First time home buyers win on the latest Existing Home Sales report. The reason is very simple: We’re going on nearly a year where the housing information was generally positive. We’re hearing more about multiple offer situations and seeing more competition for the most desirable homes.

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The expanded version of the home buyer tax credit endThe expanded version of the home buyer tax credit ends on April 30, 2010. To meet the requirements, you must be under contract by April 30th and closed by June 30th. There’s 100 days left to claim it.

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The real estate web community has been buzzing following announcements at a federal level that would create vehicles to allow homebuyers to access the $8,000 as part of their closing.

Great news–In the next few weeks, the Illinois Housing Development Authority will be releasing [...]

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