Posts with tag first-time buyers

Homebuyer Tax Credit: How to Claim It

The first-time homebuyer tax credit encouraged many buyers to take the leap in 2010. Though the deadline to close on a qualifying home purchase was Sept. 30, 2010, those buyers who did qualify now have to figure out how to collect. Kelly Phillips Erb of our sister site, WalletPop.com, did the hard work, so you don't have... Continue Reading »

Home Sales Jump 10 Percent, Still Lag 2009

The real estate market has some life after all. Existing home sales, a figure that includes single-family homes, townhouses, co-ops and condos, rose 10 percent in September as compared to August, according to the National Association of Realtors. Some cite this as evidence that the housing market is well on its way to... Continue Reading »

Home Price vs. Loan Rate: Best-Deal Secrets

Trying to determine the best time to jump into the housing market is always a bit of a gamble. But in this market, with the news see-sawing between stalled housing prices and falling interest rates, it's even harder to gauge whether today is the right day to buy a house. "There are all kinds of ways to look at it," says... Continue Reading »

First-Time Homebuyers Leap at Good Deals

Suni and Ashwin Raghu are under contract on a four-bedroom, 2.5-bath home in Long Hill, N.J.. The expectant parents, who looked at close to 70 homes in the course of their search over the past three months, were a bit surprised to find themselves at this juncture. Six months ago, says Ashwin, they didn't think they were... Continue Reading »

Buy a Home at a $100,000 Discount

Source: SmartMoney Fannie Mae and Freddie Mac need to shrink their inventories of foreclosed homes, so the two government-controlled companies are offering some amazing deals, often with down payments as low as 3 percent plus other incentives. Many of the homes are lesser properties in less-than-desirable neighborhoods,... Continue Reading »

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