Chat about Macomb County MI real estate & Homes for sale search site

Edited January 12th , 2012.   The author of the article referenced below has decided to take his blog article down.  I am thankful he did that, since he didn’t allow any comments on his blog to address the outrageous claims he made in a public manner. Perhaps dumbfounded isn’t the right word.  Outraged.  Incredulous.  Shocked.  [...]

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I hate to be a nag (even my hubby doesn’t call me a nag , yet I find myself having to do so today. Because of recent calls from people asking if the federal First Time Home Buyers tax credit will be extended again it reminds me to remind you!   There has been NO word [...]

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Last year when the first time home buyers tax credit was close to expiring we heard talk about it being continued.  And it was.  This time around however there isn’t even a whisper of that happening. Please, if you are at all considering buying a home to take advantage of the up to $8000 in [...]

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One of the common misconceptions for home buyers (and some real estate professionals) is that the first time home buyers tax credit is $8000 for all buyers. When reading the fine print of the IRS form 5405 there is an entry line to fill out asking for the smaller of 2 items:  $8000 or 10% [...]

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After much back and forth, and preliminary hype about the extension of this tax credit, we can now confidently write to our local consumers about this bill being signed by the President. The 1st time home buyers tax credit HAS been extended, and there is also a tax credit for those who already own a [...]

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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 [...]

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If you have been out and about looking at homes for sale in the Macomb County area then you surely have noticed that the number of homes on the market that are foreclosures (bank owned) is less than what it was a few months ago. Part of the reason for this lower number of bank [...]

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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 [...]

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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 [...]

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One of the questions that I’m asked about the First Time Home Buyers tax credit is: “Can I get the money back to me quicker?” The good news is yes, you can. If you qualifty for the 1st time home buyers tax credit you can simply amend your already completed 2008 income tax return. You [...]

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