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Entries Tagged as 'first time home buyers'

1st time home buyers tax credit expiring soon - here are some tips to help hurry along your purchase

September 22nd, 2009 · No Comments · Up to $8000 1st time home buyers tax credit, first time home buyers, macomb county mi real estate market

I’m one of the real estate professionals here in Macomb County that does not believe there will be an extension to the Federal first time home buyers tax credit.  Too much money has been spent in the last year with less money coming in.  The Federal government has to put a stop to it soon, [...]

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Are foreclosures the only good “deal” in Macomb County? Not by a long shot..

September 13th, 2009 · No Comments · Up to $8000 1st time home buyers tax credit, first time home buyers, macomb county mi real estate market, tips for home buyers

“I only want to see foreclosures”
I had an interesting conversation with a caller yesterday the other day and  thought I would share it with all of you.  I’m hoping that by sharing it and putting it out to the public that other potential home buyers will see it, and understand the very real aspect [...]

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MSHDA Down Payment assistance programs for home buyers in Macomb County MI

September 8th, 2009 · 2 Comments · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, fha mortgages and first time home buyers, first time home buyers

MSHDA (Michigan State Housing Development Authority) has some new
programs to help first time home buyers with their down payment
assistance.   I talked with Michelle Cyplik of Paramount Bank in Rochester
MI about these programs just before the Labor Day weekend, and we are
going to get together at the end of this week to talk more in depth [...]

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We’re getting down to crunch time - there *is* a deadline for the 1st time home buyers tax credit

July 29th, 2009 · No Comments · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, first time home buyers, macomb county mi real estate market

I wrote this article the other day and published it on my first time home buyers blog, and then decided to add it here.  (Something I don’t normally do - I don’t like to duplicate content as it appears to be spammy. )
This is so important though that I broke one of my own rules. [...]

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Affordable condos for sale in Shelby Township MI - taking advantage of the first time home buyers tax credit

July 24th, 2009 · No Comments · Up to $8000 1st time home buyers tax credit, first time home buyers, macomb county mi real estate market, shelby township mi

One of the questions that I was recently asked by a Macomb County caller was if the 1st time home buyer tax credit could be used with the purchase of a condo and not a single family home.
The answer is a resounding yes. A condo is a home.   Just because there are common areas [...]

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A helpful timeline for those wanting to take advantage of the First Time Home Buyers tax credit

June 29th, 2009 · No Comments · Up to $8000 1st time home buyers tax credit, first time home buyers, macomb county mi real estate market

First time home buyers: Important dates to keep if
you are purchasing a home this year.

August 1st: Start your pre-approval process with your mortgage
lender and begin to gather the documents that you will need (pay stubs,
past 2 years tax returns, last 90 days of bank statements, cancelled checks
showing rental payment history if applicable)
September [...]

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The 1st time home buyers tax credit - another misconception addressed for Macomb County MI home buyers

June 28th, 2009 · No Comments · Tax credit for first time home buyers in Macomb County MI, first time home buyers, macomb county mi real estate market

Last week I heard from a gentleman who is thinking about not renewing his apartment lease and taking advantage of the first time home buyers tax credit.   In his inquiry he wanted to know if he purchased a home for $40,000 if he still would recieve all of the “$8,000″.
The answer is no. He would [...]

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A warning to first time home buyers wanting to use the $8000 tax credit –

June 7th, 2009 · No Comments · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, first time home buyers, macomb county mi real estate market, tips for home buyers

—You better start looking now.
I hate it when I sound like a “salesperson” (no offense to sales people intended) but things are going to get crazy-busy here in Macomb County during the months of September and October.
Already we are experiencing signs of what is going to come hurdling at us like an avalanche:

Multiple offers on [...]

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$300,000 house & the $8000 first time home buyers tax credit?

April 3rd, 2009 · No Comments · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, first time home buyers

Thank you Julie for allowing me to answer your question here for the home buyers from Macomb County to read.
Julie sent me an email and asked: “If my husband and I buy a home that is in the $300,000 price range, is that too high of a purchase price to take advantage of the 1st [...]

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If I ask if you are working with an agent there is a reason for my question..

March 31st, 2009 · No Comments · first time home buyers, macomb county MI, tips for home buyers

…and the reason I ask is that I’m not just being nosey.
I know callers can be put off by that question but there is an honest to goodness  reason why I ask if you have an agent that is working for you.  It’s called buyers agency and in Michigan for quite some time agency relationships [...]

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Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.