Many first time home buyers have just 18 more days to participate in the $8,000 federal tax credit program. But there’s a one year extension of the program for some members of the military and certain other federal employees. Service people qualify if they are: members of the uniformed services, Foreign Service and members of [...]
As the First Time Home Buyer Federal Tax Credit Program winds down, other programs are cropping up to help home buyers. Here’s one for people wanting to buy a home in Portland or any other part of Oregon. Oregonians looking to buy their first home may qualify for an assistance grant from the Home Sweet [...]
Q: Hey Tim, one of my clients asked me about using one of those debt relief companies you see on TV. What do you think? A: Anne, I’d tell your client to beware of so-called debt services as advertised on TV! Here’s why: Any promise of “Instant” debt relief is likely to be a scam, [...]
Right now, as the Portland real estate market continues to stabilize, there are unique opportunities for home buyers and home sellers. It you’re trying to time your purchase for the bottom of the market, now is the time. And see below why you might want to time your sale for the bottom of the market [...]
The federal government is giving away money to home buyers. Do your part. Stimulate the economy. Receive what may be a once in a lifetime income tax credit when you buy your first home or as an existing home owner, buy another home. If you need more info, please give me a call. I can [...]
Buyers take notice. It’s time to act. Prices are down, interest rates are down, and many analysts feel we are near or at the bottom of the market. The good points: Prices in October still moved downward. This month’s figures show a lower average sold price (2.3% lower) than September’s figures. Yet the median price [...]
Avoid the crowds. If you’re looking to buy in our “reduced price” home market, these next couple of months are perfect for three reasons. 1. Those first time home buyers going for the $8000 tax credit are mostly in escrow by now so they can close by the Dec 1 deadline for the credit. 2. [...]
Portland’s improving real estate market continues into July. We continue to see good news in the real estate market with the July ’09 stats that are just out. There were 8.6% more closed sales in July ’09 over July ’08 and pending sales were also up 8.3% over last July’s numbers. That means August’s numbers [...]
As the sun came out in June, the Portland real estate market started to finally brighten also. There are signs of good news in the Portland area housing market. June 2009 pending sales were up 8.4% over June 2008. It’s the first time since December ’06 that pending sales were higher than the same month [...]
So many people have asked me how the federal $8,000 tax credit works. Basically it’s a once in a lifetime opportunity to buy your first home and get paid by the government. Here are some highlights. What is it? It’s a gift from the federal government to all you first time home buyers. It’s goal [...]
