Reno Mortgages 
Information regarding Mortgages in Reno Real Estate
There are currently 2 blog entries related to this category.
Senate Extends Tax Credit for another 3 months
Thursday, June 17th, 2010 at 12:10pm. 118 Views, 0 Comments.
The key here is you have to have been in contract by April 30 of this year. If you were, they are giving you until September 30 of this year to close and take advantage of the $8000 tax credit for first time home buyers and $6500 credit for homebuyers who are buying a new primary residence.
The first tax credit that was to expire June 30 of this year has caused some back log with buyers trying to meet that deadline. This new deadline to September 30 should give everyone some breathing room.
Read the Reuters Article lining out the details of the extention.
Love it or Hate it, the Stimulus Bill Definitely has Some Positives for Home Buyers
Monday, February 23rd, 2009 at 11:15am. 331 Views, 0 Comments.
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The following article was written by Stephanie Hanna, Platinum 1st Mortgage It doesn’t really matter what side of the political fence you sit on, there’s no denying that the new stimulus bill offers good news for potential home buyers. The way I see it, there are two specific portions of this bill that impact buyers most directly: - Increased tax credit benefit for first-time homebuyers. Let me first define a first-time homebuyer because the government’s definition is probably different than what you’re thinking. If you have not owned a principal residence in the past three years, you are considered a first-time homebuyer. |
If you fit that bill and you purchase a home between January 1, 2009 (yes, it is retroactive) and December 31, 2009,…
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