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February 2009 - Posts

As an update to a previous post, details are now in on the First Time Home Buyer Credit in the Economic Stimulus Bill (formally called The American Recovery and Reinvestment Act of 2009).  The bill was signed into law on Tuesday, February 17th.   Here’s an overview of the provisions in the bill that will benefit First [...]
In reading and trying to stay updated on what details that have been made available on the Economic Stimulus package that has apparently been negotiated and agreed, it appears that the proposed $15,000 Home Buyer Tax Credit was a casualty.  Sort of.  The overall cost of this credit would have been $35 billion. In its place, a more modest proposal was [...]
Beyond the usual “how’s the real estate market?”  …I’m being asked more real estate related questions than ever.  Is this a good time to buy?  How do you buy a foreclosure?  Is it hard to get a mortgage?  Are homes selling … How long would it take to sell my home?   There is curiosity, confusion, and myth-information.   Myth-Understanding [...]