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First Time Buyers

Yesterday I showed you the portions of Gary Keller’s Vision Speech from the 2010 Keller Williams Family Reunion which focused on the U.S. housing market and economic trends. Gary also spent time discussing the results of the National Association of Realtors (NAR) 2009 buyer/seller survey. I’ve read the entire NAR report, and Gary did a [...]

   

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Selling Condos Just Got Harder

by Karen Goodman on February 5, 2010

in Homeowner Tips,Sellers

Getting a loan to purchase a condo has always been harder than getting a loan to purchase a home. Lenders want to know that they will get their money back if they must foreclose on the property at some point in the future. If they think there is a good chance that the value will [...]

   

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How College Students can Get the $8000 Housing Tax Credit

by Karen Goodman on December 10, 2009

in Buyers

Avoid Paying Rent for Your College Student Child: Instead of paying rent to someone else for up to 4 years (or more!) while your child attends a St. Louis area college or university, you should consider purchasing a property where your child can live instead. Your child can invite a few friends to move in [...]

   

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UPDATE: The deadline for getting an accepted contract for this tax credit has passed. In order to get the tax credit, buyers needed to be in an ACCEPTED contract by 4/30/10 and close on that contract by 6/30/10. The new Housing Tax Credit should spur housing sales through the winter and spring. Normally, home purchases [...]

   

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The new and improved housing tax credit has just one step left before it will be officially approved. The current 1st Time Buyer Tax Credit expires on November 30. The new bill has now passed the Senate and the House, and is slated to be signed by the President today. Tax Credit Basics: 1st time [...]

   

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First Time Buyer Tax Credit Claims by State

by Karen Goodman on October 24, 2009

in Market Conditions

Many real estate organizations are fighting to get the first time buyer tax credit extended. Currently, the credit is scheduled to expire on November 30, 2009. There are bills in congress attempting to extend the bill, but nothing has passed at this point. To read up on the efforts to extend the bill, visit Jay [...]

   

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