Video Highlights: Mortgage interest rates compared to last month and last year The impact of professional staging on selling a home Staging tips for homeowners Special Edition – Updated 2009 Homebuyer Tax Credit: Video Highlights: Revised requirements for first time buyer tax credit Requirements for new existing homeowner tax credit Homes that qualify for the [...]
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 [...]
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 [...]
Since 2007, Missouri shoppers have been able to purchase Back-to-School items without paying sales tax during the first weekend in August. This year, the sales tax-free holiday is this weekend, Friday August 7 – Sunday August 9. What Can you Purchase Tax-Free? The sales tax exemption is limited to: Clothing – any article having a [...]
by Karen Goodman on September 14, 2008
in Buyers
A few days ago I told you why it is a great time for home buyers to purchase a home. In addition, people that are currently renting and have not owned a home in the last 3 years have an added benefit for buying a home now. In an effort to spur growth in the housing market, the government is offering a $7,500 [...]
In today’s market, buyers are choosing to be conservative as they decide what to spend on their next home. However, buyers often forget to consider the impact that taxes can have on their final costs. I’ve often been asked by buyers how much their taxes will be for a particular home. Unfortunately, determining how much the taxes will be for any [...]