Scott Real Estate Blog

Please call Scott at 817-703-1165 to start your new house search. Even if you do not qualify, it is a great time to sell because your house will probably be sold to someone who does qualify.$8,000 First-time Home Buyer Tax Credit at a GlanceThe $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS ...

Tax Credit Key to Market in 1st Quarter 2010This important incentive is helping to stabilize the housing market in communities all across the country. Extending and expanding the home buyer tax credit will enable even more families to take advantage of current low interest rates and affordable prices to invest in their future through ...

From the Wall Street Journal…. Summary: 1.       Raise Upfront Mortgage Insurance Premium from 1.75% to 2.25%.  In 2008, the UFMIP was raised to 1.75% from 1.50%.2.       Riskier borrowers will be required to make larger down payments – increase from present ...

As we begin 2010, home buyers have something to look forward to and more importantly, take advantage of—the extended and expanded home buyer tax credit. Originally created in 2008, the home-buyer tax credit has evolved from a $7,500 credit, which had to be repaid by the home buyer over the course of 15 years, to an $8,000 tax credit with no ...

Please call Scott at 817-703-1165 to start your new house search.  $8,000 First-time Home Buyer Tax Credit at a GlanceThe $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to ...