As you start looking for a new home, you definitely need all the advice and help you can get. It’s true that your real estate agent will give you plenty of information about homes and neighborhoods you’re interested in, but some people still like to do research on their own – but where do you start? Here are some sites that will help home buyers make a more educated purchase.
How much can you SAVE with today's crazy low mortgage rates? Find out now!
Tag Archives: HUD
Repaying the 2008 First-Time Homebuyer Tax Credit
Did you take advantage of the first-time home buyer tax credit in 2008? If so, you have to pay it back. I wish I was lying, but like George Washington, I can’t tell a lie. Also like George Washington, I have wooden teeth. But all the wooden teeth in the world can’t get me out of paying back this interest-free loan. If you’re in the same boat, read up on the details of this credit and the repayment requirements.
Detroit Free Press: Detroit Church Helps Build 90 New Homes
Over the past four years, Northwest Unity Baptist Church in Detroit has worked with city and state officials to get assistance and tax credits for 90 new homes. These efforts are proof that the Detroit 2.0 movement is both alive and spreading!
Homeownership Preservation
Life is full of surprises. Sometimes, events beyond our control interfere with our best intentions – like paying our bills. Luckily, there’s help for homeowners [...]
5 Common Mortgage Modification Scams
The recession has put many families in financial peril, making it easier for scam artists looking to take advantage of those in financial trouble who are seeking a way out. Scammers often target homeowners who are struggling to meet their mortgage commitment or are anxious to sell their homes. They make promises they cannot keep, such as guarantees to “save” your home or lower your mortgage, oftentimes for a fee.
New Home Sales Sink 2.2%
The U.S. Census Bureau and the Department of Housing and Urban Development announced today that sales of new, single-family homes in February fell 2.2 percent compared to January’s numbers. The report also showed there is currently a 9.2 month inventory of unsold homes on the market.
Capital Markets Update – 169,000 Jobs Cut in November
Treasuries are little changed this morning after the ADP employment report showed that private employers cut more jobs that forecasted in November, where employers cut 169,000 jobs last month.
New Home Sales Rose Slightly in Latest Report
The U.S. Census Bureau and the Department of Housing and Urban Development today announced that sales of new, single-family homes rose slightly in the month of August, increasing 0.7 % from July’s numbers.
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