The bill now being considered offers first-time homebuyers a tax credit of up to $8,000 if they buy homes between Jan. 1 and Dec. 1, 2009. Those who haven’t owned a home in the last three years will qualify as first time buyers. Additionally, existing homeowners could get a tax credit of up to $1,500 [...]
Entries Tagged as 'Real Estate'
Update: Tax credits for home buyers and homeowners
February 12th, 2009 · 4 Comments · Green, Real Estate, Taxes
Homeowner bailout? What can we expect?
February 10th, 2009 · No Comments · Economy, Real Estate
On Tuesday (2/10/09), Treasury Secretary Timothy Geithner is expected to reveal the administrations plans for the $350 billion remaining in the financial industry bailout package. The federal government wants to set aside between 50 and 100 billion dollars of the money to address the foreclosure crisis, but exactly how that money will be spent remains [...]
Big stimulus money for Texans
February 10th, 2009 · No Comments · Economy, Real Estate, Texas
The State of Texas stands to receive an extraordinary amount of money in the federal stimulus package. How big? Well for some programs, the infusion money will surpass the states annual share of appropriations. Some of the monies, about $270 million, are to be set for clean water infrastructure, which is more than twice what [...]
Best time to buy…
March 6th, 2008 · No Comments · Real Estate
CNNmoney.com just released an article stating it is the best time to buy a home in more than 4 years. With the high amount of foreclosures and surplus of houses on the market, the value of homes is dropping rapidly leaving many homes undervalued. Just a few days ago my husband showed me another article [...]
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Happy New Year
February 6th, 2008 · No Comments · Real Estate
It is a new year, and I am excited to see what happens with the Dallas real estate market in 2006. Amazingly, 2007 ended up being a relatively stable market for Dallas and Collin Counties. The market has slowed down, but housing prices are up. And with the drop in the interest rates, there is [...]
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What is a short sale?
September 12th, 2007 · 3 Comments · Real Estate
Did you know if you are behind on your mortgage, have little or no equity, and have a pretty good reason for these late payments, you can get your lender to cover the commissions and closing costs to sell your home? It is called a short sale, and with an experienced Realtor, many can avoid [...]
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Why do sellers pay so much commission?
September 10th, 2007 · No Comments · Real Estate
In a market with so many houses, real estate agents need to do much more to get their listings noticed. Most of the marketing required, like websites or publications, cost money. If your agent is holding open houses and truly marketing your listing, it makes a huge difference in how much viewing traffic you get. [...]
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Dallas Still Growing Strong
August 31st, 2007 · No Comments · Real Estate
With all the talk about the collapsing real estate marketing and mortgage troubles, many people might be scared about buying or selling, but if you look at the data about the Dallas market, there is no reason to be scared. The truth is real estate was artificially inflated by investors, and now we are just [...]
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