Real Estate

Homeowners were worried they may be disqualified from claiming the first-time or repeat homebuyer tax credit when the original June 30 deadline seemed to be unchanging and, due to closing difficulties, many homeowners believed they would be unable to meet the timeframe given to claim the credit. However, the extension of the tax credit...
Read more »

The Department of Housing and Urban Development and the Treasury Department recently released a report, known as the Housing Scorecard which, is set to outline certain housing market recovery initiatives and success that has been seen over the past months. Many homeowners have been struggling and, due to unemployment, the housing market has suffered...
Read more »

Homeowners have been having a great deal of difficulty over the past months meeting their monthly mortgage payments and, obviously, as a result the housing market has been struggling as well. However, efforts that have been launched by the Obama Administration, like the Making Home Affordable Program’s home loan modification plan and efforts from...
Read more »

Homeowners who may be in a financial position to do so might be able to take advantage of low mortgage interest rates that are currently being offered when homeowners refinance their home loan. Over the past months, many homeowners use refinancing as a way to get a lower monthly mortgage payment on their home...
Read more »

Senior citizen homeowners often seek a reverse mortgage for a variety of reasons later in life. For many, a reverse mortgage can be an excellent way to obtain money from one’s home later in life and homeowners use these mortgages to make a variety of purchases, pay bills, improve their home, or in some...
Read more »

Many home buyers were delighted when the home buyer tax credit was extended, which now allows home buyers until September 30 to close on their home so that they may claim the first-time home buyer tax credit for $8000 or the repeat home buyer tax credit for $6500. Thousands of homeowners were worried they...
Read more »

The home buyer tax credit for first-time home buyers and repeat home buyers has been extended until September 30, 2010 in order to assist home buyers who were unlikely to meet the June 30 deadline to close on their home. Various mortgage and housing problems caused delays for some homeowners and there were reports...
Read more »

Mortgage relief may be available for Gulf Coast oil spill victims who have their mortgage with Fannie Mae or Citigroup. Both of these mortgage institutions have made claims that they may reduce or suspend mortgage payments for homeowners who have been hurt by the oil spill in the Gulf region. Many homeowners have made...
Read more »

The first-time home buyer tax credit and repeat homebuyers tax credit were both extended as many home buyers were going to be unable to meet a June 30 deadline to close on their home. Both tax credits have been helpful in getting more buyers into the housing market and there was concern that with...
Read more »

The first-time home buyer tax credit and repeat home buyer tax credit were extended due to the fact that many potential homeowners who had signed a contract for a home by the deadline of April 30 were unable to meet the June 30 deadline to close on their home. Various mortgage difficulties prevented homeowners...
Read more »