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Timing is everything for many first-time buyers today. For those who purchase a home this year, the tax credit is for 10% of the purchase price, up to $8,000. Those who have owned a home in the past three years aren’t eligible. Buyers also have to meet eligibility requirements regarding income; the current credit begins to phase out for ...
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Buyer Beware: If you buy a REO property, don't forget that foreclosure voids structural home warranties. I see several homes on the market that the foundation is not up to par - if you buy this home, how will it be repaired and what will it cost? We have to make sure you check with a structural engineer and you have ...
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