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New Jersey, NJ First-Time Home Buyer Tax Credits – Special Rules for the Military

New Jersey, NJ First-Time Home Buyer Tax Credits – Special Rules for the Military

We all know what great sacrafices the members of our U.S. military make each day.  Missing out on the first-time home buyer tax credit should not be one of them.  Thankfully, Congress has acknowledged the unique circumstances affecting qualified service … Read More

USDA Loans in NJ? It’s Not a FHA Mortgage, But It May Better – Zero Down Payment

USDA Loans in NJ? It’s Not a FHA Mortgage, But It May Better – Zero Down Payment

While FHA has been hogging all the headlines (no pun intended) another little known loan program has been gaining in popularity.  For over 60 years, the USDA (Unites States Department of Agriculture) has been guaranteeing loans for farms and rural … Read More

Looking for Real Estate in Harleysville Montgomery County, PA? Don’t foget about FHA!

Looking for Real Estate in Harleysville Montgomery County, PA? Don’t foget about FHA!

For those looking to take advantage of the newly extended Home Buyer Tax Credit there are a few things that you should consider. 1.  FHA is one of the best options available for qualified buyers without a lot of money … Read More

Tax Credit for Homebuyers signed Today!

Tax Credit for Homebuyers signed Today!

First Time Homebuyer Tax Credit Extended Into 2010! Plus…A New Tax Credit for Certain Existing Home Owners! It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. … Read More

House votes to expand home buyers’ tax credit in New Jersey and across the country!

House votes to expand home buyers’ tax credit in New Jersey and across the country!

House votes to expand home buyers’ tax credit hoping to stimulate the housing market even more in New Jersey and across the country. Congress gave final approval Thursday to support the housing market by extending and expanding the First Time … Read More

Complacency Can Cost Residents of Harleysville & Montgomery County Pennsylvania

Complacency Can Cost Residents of Harleysville & Montgomery County Pennsylvania

Definition of Complacency: self-satisfaction especially when accompanied by unawareness of actual dangers Source: Merriam-Webster online dictionary   We are once again experiencing a convergence of events that make this one of the best times to consider buying or refinancing your … Read More

FHA Down Payment Requirement Could Increase to 5%

FHA Down Payment Requirement Could Increase to 5%

If you are planning on buying a house and taking advantage of FHA’s low down payment requirement of 3.5%, you may want to do it now. Last year, the minimum down payment requirement for FHA loans was increased from 3% … Read More

Update on Delaware FHA Condo approval process

Update on Delaware FHA Condo approval process

FHA had originally planned to eliminate spot approvals on Condos in Delaware and nationwide effective October 1, 2009.  The new process would require the lender to approve the condo.  FHA has decided to delay this until November 2, 2009.   This … Read More

Tampa FHA Mortgage Update: Want the Tax Credit? Better Act Fast!

Tampa FHA Mortgage Update: Want the Tax Credit? Better Act Fast!

Tampa FHA mortgage borrowers looking to take advantage of the tax credit need to hear the following two words loud and clear… GET CRACKIN’!   The current $8,000 First-Time Home Buyer Tax Credit is set to expire November 30th. As it … Read More