No ratings
Posted on:
Nov 5, 2009
$8000 First Time Home Buyer Tax Credit Extended and Expanded: Questions and Answers
**$8000 First Time Home Buyer Tax Credit Extended and Expanded: Questions and Answers**
With the extension and expansion of the $8000 first time home buyer tax credit, lots of our readers are happy. But some are rather angry. Some of the people that would have benefited from the expansion of the tax credit have purchased homes and won't get the benefit of the tax credit. Others want clarification to see if they will qualify for the "new and improved" home buyer tax credit.
No ratings
Posted on:
Nov 5, 2009
Low Appraisal Caused By Declining Home Values Results In Change To Loan Refinance Terms
**Low Appraisal Caused By Declining Home Values Results In Change To Loan Refinance Terms**
If you apply to refinance your loan and get quoted terms, can you force the lender to abide by those terms? What if your property received a low appraisal? What if declining home values caused your home value to drop below what you owe on your current mortgage? And what if you decide not to go forward with the loan refinance, can you get your application money back?
No ratings
Posted on:
Nov 5, 2009
Unpaid Property Taxes Found One Year After Land Contract Signed
**Unpaid Property Taxes Found One Year After Land Contract Signed**
Land contract -- also known as installment contracts for deed -- are complicated documents. If you are not careful, you could end up in a mess. Some issues that can lead to problems in a land contract are title issues, including unpaid real estate and property taxes. But unpaid taxes could be the lesser of some of the title problems you can encounter using a land contract. This reader found unpaid property taxes from years earlier about a year after entering into the land contract.
No ratings
Posted on:
Nov 5, 2009
Ilyce Glink Show Notes - November 1, 2009
Ilyce Glink Show Notes - November 1, 2009. How has the credit crisis and recession changed you and your spending habits? I want to hear from you. Free books and ebook deal. This week, our latest ebooks, on investing in real estate, will be released on ThinkGlink.com as will our podcasts from our How to Profit From Foreclosures event. Sign up for our free weekly newsletter to get the latest information, discounts and deals.
Posted on:
Nov 1, 2009
Title Insurance May Solve Encroachment Issue
**Title Insurance May Solve Encroachment Issue**
If you are buying a home and find out you may have a title problem, you should talk to the title insurance company to determine if the title problem can be insured over by the title insurance company. Many real estate properties have minor title insurance problems that are small enough that the title insurance company may be willing to give you peace of mind with coverage under the title insurance policy.
No ratings
Posted on:
Oct 31, 2009
Winterize Your Home And Get A Tax Credit
Winterize Your Home And Get a Tax Credit. The IRS has advised taxpayers that the Expanded Recovery Act Tax Credit will help homeowners winterize their homes so they can save energy and save money at the same time. But the IRS cautions homeowners to check the tax credit certification before they buy winterizing tools.
No ratings
Posted on:
Oct 29, 2009
$8,000 Tax Credit: Administration Calls on Congress To Pass $8,000 Tax Credit And Other Pro-Housing Measures
$8,000 Tax Credit: Administration Calls on Congress To Pass $8,000 Tax Credit And Other Pro-Housing Measures. The White House supports three pro-housing measures including the extension and expansion of the $8,000 tax credit, continuing an expansion of the loan limits, and support for the Housing Trust Fund. These pro-housing measures were announced by Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan at a press conference Thursday morning.
No ratings
Posted on:
Oct 29, 2009
Taylor Bean and Whitaker Trouble: Continued Mortgage Bankruptcy Hearing Update
**Taylor Bean and Whitaker Trouble: Continued Mortgage Bankruptcy Hearing Update**
Mortgage borrowers are scrambling for answers as their funds have been frozen; What do you do if you receive letters from two different mortgage servicing companies claiming that each one of them is going to service your Taylor Bean and Whitaker loan? We've received an update and past court documents from the United States Bankruptcy court detailing Taylor, Bean Whitaker trouble.
No ratings
Posted on:
Oct 22, 2009
$8,000 First Time Home Buyer Tax Credit: Trying to Buy and Inherit a Home At The Same Time
**$8,000 First Time Home Buyer Tax Credit: Trying to Buy and Inherit a Home At The Same Time**
The first time home buyer has all kinds of restrictions: income, how long you must live in the home, how long you couldn't have owned a home and who can sell you the home. There are even restrictions on whether you can qualify for the $8,000 first time home buyer tax credit if you plan to rent the home or receive the home by inheriting it.
No ratings
Posted on:
Oct 21, 2009