Julie Johnson

Better Homes & Gardens Real Estate | David Winans & Associates

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Entries Tagged as 'Real Estate'

$8,000 Tax Credit Now Available at Closing for FHA Loans

June 9th, 2009 · 1 Comment · Real Estate, Taxes

The Federal Housing Administration (FHA) will now allow the maximum $8,000 tax credit to be applied at closing for qualified home buyers. Additionally, FHA will now allow those home buyers to use the credit to make a larger down payment (FHA still requires 3.5%), cover closing costs or to buy down their interest rate. This [...]

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Tags:$8000 tax credit·closing costs·down payment·home buyers·Real Estate

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 [...]

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Tags:foreclosures·Government bailout·Real Estate