Tax Credit
As part of its plan to continue the stimulation of the U.S. housing market Congress passed new legislation that: Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers...
View ArticleFHA-New Rules Tough on Low Credit Scores
The Federal Housing Administration will raise the minimum down payment for its least credit-worthy borrowers, the agency announced Tuesday. The change is among a number of major changes the FHA is...
View ArticleDown Payment Assistance
Is now the time right for you to become a home owner? With super low home prices, government incentives and exciting new financing programs from the Nevada Rural Housing Authority (NRHA), this may be...
View ArticleNevada Rural Housing Down Payment Assistance
The Nevada Rural Housing Authority has a program called “Home At Last” that offers a free cash down payment grant equal to 3% of loan amount (buyers need a total of 3.5% for an FHA loan right now)....
View ArticleTax Credit Deadline Approaching Quickly
The expiration date of the up-to-$8,000 tax credit requires first time home buyers to be under contract for a home no later than April 30, 2010, and to be closed no later than June 30, 2010. The same...
View ArticleShort Sale Escrows and the Tax Credit
I am often asked by clients if they will get the tax credit since they have not closed escrow and it’s April 30th. You have until June 30th to close escrow in order to get the tax credit. Today,...
View ArticleHome At Last (TM) Program Details
Home at Last™ Bond Program Now is the time to become a homeowner. Home prices are super low, interest rates are awesome and there are excellent programs to help you with your home purchase downpayment....
View ArticleCommon Ways to Hold Title To Your Real Estate Property
There are several different ways you may choose to hold title to your property. Each has advantages and disadvantages. When considering which option is best for you, think about how the ownership...
View ArticleWhy Should I Buy A Home Instead of Renting?
Home prices in our area are so low right now that it makes sense to buy rather than renting. Most financial advisors will tell you, now is “the” time to buy. Here are a few thoughts to consider:...
View ArticleHomePath Financing Is A Great Way To Go Now
HomePath Financing is a fantastic way to buy a Fannie Mae owned home right now. Reno and Sparks have many Fannie Mae owned homes on the market. First time homebuyers are in a great position to...
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