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One thing that seemingly became lost in the hullabalooo about the ending of the first time home buyers tax credit is this:  Our active duty military members will not miss out because they are serving our country and away from home.  The tax credit is available to them upon their return. Military members and some [...]

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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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I’m a wee bit aggravated this morning with all of the blog articles and other social media posts that are stating “It’s approved!”. The extension to the first time home buyer tax credit is not signed yet, so please please PLEASE don’t put all your eggs in one basket thinking this is the case. As [...]

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I dislike pressuring people, especially home buyers.  If you would ask my previous clients they’d be apt to say that I’ll talk them out of purchase rather than talk them in to one. That being said, if you are thinking about buying a home solely to take advantage of the first time home buyers tax [...]

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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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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 [...]

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