Jul

23

Time ticking away on $8000 First-time Homebuyer Tax Credit

Posted by Stacey McCarthy under For Buyers, General Information

Today is July 23. If you want to buy a home and still qualify for the $8000 First-time Buyer Tax Credit start looking today. Not next week, not next month. Today.

Why? One reason is lenders need an additional 15 to 30 days to close loans since lending rules have changed.

Here’s the gist:It may take you longer than two months to find the home you like and negotiate a fair price. Then it will take an additional two months to get to settlement. If you wait to long to start looking, you may either:

1. End up settling for something you didn’t want or a price you didn’t want.

2. Not make the December 1, 2009 deadline for settlement.

As of today, there’s only 4 months and one week left!!!!!

So get going! Search for homes for sale online by map

Information about the $8000 First-time Buyer Tax Credit 2009

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Jun

10

Mortgage Rates going up (just like gas prices) << PhillyandBucksBlog.com

Posted by Stacey McCarthy under For Buyers, General Information, Loans

Just wanted to get out a quick note to everyone.  With rates going up and up you may want to ask your clients to check back in with me to re-run their prequal.  If the clients were on the border line with their prequal it may knock them out now with the rates the way they are right now.

Lisa Sozio
Mortgage Consultant
Wells Fargo Home Mortgage
M7578-011
2365 Pasqualone Blvd
Bensalem, PA  19020
215-801-2949 Tel
215-801-2949 Cell
866-495-0709 Fax

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May

28

Use $8000 Tax Credit for Settlement in PA

Posted by Stacey McCarthy under For Buyers, General Information, Loans

Exciting $8000 First-time buyer tax credit news!

With only 6 months left to qualify for the $8000 First-time Homebuyers Tax Credit in the American Recovery and Reinvestment Act, the Pennsylvania Housing Finance Agency (PFHA) is making that money available for settlement now. Participating lenders can give first-time buyers who qualify up to $8000 in a “bridge loan” called TAC (Tax Credit Advance Loan) when using a Keystone Home Loan Product.

Traditionally, the Keystone Home Loans have been significantly higher than FHA or conventional loans, however on Tuesday, PHFA announced they were dropping rates to 5.375%. The TAC loan will need to be repaid by June 30, 2010 after the credit comes in their tax return, but it’s a great way to get into a house for those first-time buyers without much cash. HUD is also working on a tax credit advance loan program that can be used with conventional and FHA loans.

Email sellwithstacey@comcast.net if you know someone interested in getting $8000 to buy a home. Tax credit expires December 1, 2009.

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May

19

Free Movies for Kids starting June 2009 in Langhorne

Posted by Stacey McCarthy under For Buyers, General Information, Lower Bucks

Regal Theaters provides this service and best of all it’s FREE! 
10AM each Tuesday and Wednesday 
Tickets are exclusively available on the day of the show. First-come, first-served seating is limited to theatre capacity.

Oxford Valley Stadium 14
403 Middletown Blvd
Langhorne ,PA 19047
215-750-3381

 

Search homes for sale in Langhorne

 

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