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Entries Tagged as 'Tax credit for first time home buyers in Macomb County MI'

Waiting for clarification from FHA and HUD- The 1st time home buyers tax credit & down payment money

May 15th, 2009 · 1 Comment · 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

Goodness, what a whirlwind this week has been with information and mis-information alike.
Some of you may have read elsewhere that the first time home buyers tax credit from the Federal government is now being allowed to be given upfront so that a home buyer could use it for the down payment on their home:  Not [...]

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Answering a couple of reader questions about the 1st time home buyers tax credit

May 11th, 2009 · 1 Comment · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, tips for home buyers

This past week I received 3 email inquiries about the (up to) $8000 first time home buyers tax credit and even though I responded to the people who asked the questions via email, I realized that the questions they asked are ones that I’m sure many others have questions about.
If I buy a HUD home [...]

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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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There *is* an expiration date to the 1st time home buyers tax credit

March 22nd, 2009 · No Comments · Tax credit for first time home buyers in Macomb County MI

I’ve talked to three people this past week who are semi-interested in purchasing a home and for various reasons (job security, apartment leases, wedding dates, etc) are concerned that they may miss out on the $8000 first time home buyers Federal tax credit.
Yes, there is an expiration date. When this tax credit was created within [...]

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If I owned a home 4 years ago how can I be a first time home buyer? Some clarity about the $8000 tax credit

March 1st, 2009 · 2 Comments · Tax credit for first time home buyers in Macomb County MI, first time home buyers, tips for home buyers

Brian Powers, a real estate agent in Chesterfield Township, brought up a good point about the $8000 home buyers tax credit that was recently passed by President Obama.
He and I both feel that this tax credit would be less confusing to future home buyers in Macomb County MI and elsewhere if they would stop referring [...]

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The first time home buyers tax credit - revised explanation

February 20th, 2009 · 4 Comments · Tax credit for first time home buyers in Macomb County MI, first time home buyers, macomb county MI, tips for home buyers

When the Economic Stimulus bill was signed by President Obama it contained a revision to the 1st time home buyers tax credit.
2 key points: The credit is now worth up to $8000 and it does not have to be paid back unless you sell the home within 3 years of the purchase.
Please click [...]

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