Sentences with phrase «homebuyer tax credit a»

First Time Homebuyer Tax Credit A non-refundable tax credit based on an amount of $ 5,000 and worth up to $ 750 for 2009.

We also offer the exclusive Homebuyer Tax Credit, which may allow you to reduce your federal taxes by up to $ 2,000 per year.

Assistant Treasury Secretary Michael Mundaca stated that, despite its problems, the homebuyer tax credit helped to spur more than 2.5 million new home purchases and helped to stabilize the housing market.

Our economists note that, in general, the share of such homes rose steadily during the latest recession, with the exception of the period in which the homebuyer tax credit was active.

Plus, with MI Homes new promotion The Power of 8, first - time buyers have an even greater advantage: $ 8,000 in options on top of the government's first - time homebuyer tax credit, which is ending soon.

NAR is pushing for a lame - duck session of Congress to make conforming high - cost loan limits of $ 729,750 permanent and to eliminate the repayment requirement in the first - time homebuyer tax credit.

Debbi Burright knows just how powerful the first - time homebuyer tax credit can be.

Purchase activity remains subdued and within the narrow range we have seen since the expiration of the homebuyer tax credit in 2010,» said Michael Fratantoni, MBA's Vice President of Research and Economics.

Together with the revised December number, this is the best pace of single - family starts since April 2010, when the homebuyer tax credit was active.

«Some new - home sales that would have happened this March were likely pulled forward as a result of exceedingly good weather conditions across much of the country in February, when we recorded the quickest sales pace since the end of the homebuyer tax credit,» notes Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «The bottom line is that builders in many markets are reporting more interest among prospective buyers, with the main sticking points for sales right now being access to credit for builders and buyers, and problems with obtaining accurate appraisals.»

Late last night, the United States Senate passed an extension of the Homebuyer Tax Credit closing deadline.

Orlando Regional REALTOR ® Association Chairman of the Board Kathleen Gallagher McIver noted, «The homebuyer tax credit helped stabilize the market by creating a surge of home sales during the spring buying season,» said Gallagher McIver.

According to estimates by the National Association of Home Builders, the Administration's homebuyer tax credit will stimulate 160,000 home sales across the nation - 101,000 of which will be first - time buyers who will receive the credit.

Purchase activity remains subdued and within the narrow range we have seen since the expiration of the homebuyer tax credit in 2010.»

Shaun Donovan Announces recovery acts homebuyer tax credit can immediately help thousands of first time homebuyer to buy a home.

In general, with the onset of the Great Recession, the share of such homes rose, with a dip during the homebuyer tax credit period.

WASHINGTON - Speaking to the National Association of Home Builders Spring Board of Directors Meeting, U.S. Housing and Urban Development Secretary Shaun Donovan today announced that the Federal Housing Administration (FHA) will allow homebuyers to apply the Obama Administration's new $ 8,000 first - time homebuyer tax credit toward the purchase costs of a FHA - insured home.

In fact, the last time numbers were even close to this was in April 2010 when the federal homebuyer tax credit was set to expire.

DONOVAN ANNOUNCES RECOVERY ACT»S HOMEBUYER TAX CREDIT CAN IMMEDIATELY HELP THOUSANDS OF FIRST - TIME HOMEBUYERS TO BUY A HOME FHA plan will stimulate new home sales and help stabilize housing market

Beyond these great features, explore below for specifics about our two main mortgage products, Home Flex and Home Preferred, as well as our Home Start Homebuyer Tax Credit Program.

We offer low downpayment requirements, down payment assistance (up to 3 % cash to help with downpayment and closing costs), the homebuyer tax credit (HBTC)(Must be a first - time homebuyer or buying in a targeted community) and low - and no - mortgage insurance options;

With the onset of the Great Recession, the share of built - for - rent homes rose, with a dip in the share during the homebuyer tax credit period.

The Homebuyer Tax Credit is not a one - time credit.

With the onset of the Great Recession, the share of built - for - rent homes rose, with a dip in the percentage during the homebuyer tax credit period.

The Home Start Homebuyer Tax Credit Program (HBTC) makes homeownership more affordable for first - time homebuyers.

To find out more about the Home Start Homebuyer Tax Credit Program, check out our Program Brochure and Fact Sheet.

If you have questions about the Homebuyer Tax Credit, you will find the answers here.

The Homebuyer Tax Credit can decrease the federal income taxes you owe, thereby boosting your take - home pay, which may help you qualify for a mortgage and make your mortgage payments.

Eliminate the repayment feature of the first - time homebuyer tax credit and expand it to all buyers.

RISMEDIA, November 11, 2009 — Like many first - time homebuyers across the country, Jen Bond and Matt Huisking were motivated to get off the sidelines and into the real estate market when the First - Time Homebuyer Tax Credit was enacted in early 2009.

RISMEDIA, December 17, 2009 — Coldwell Banker Real Estate LLC announced the findings from a new survey that looked at how the recently expanded federal homebuyer tax credit, which opened up the credit to existing homeowners, might impact the economy.

The extended homebuyer tax credit gives us something to talk about as well as a way to shine as Realtors while educating our clients,» concludes Vanderblue.

«The first - time homebuyer tax credit has been a great tool to get prospective buyers off the fence,» says Vanderblue.

In the spring, we waited to see how the end of the federal homebuyer tax credit would impact sales.

You've probably heard that the federal first - time homebuyer tax credit was extended to those who close escrow by June 30, 2010; however, you may not be aware that many homebuilders are offering even m...

The first time homebuyer tax credit really does offer a great opportunity for buyers.

The initial homebuyer tax credit was available for qualified purchases with a binding sales contract in place on or before April 30, 2010 and closed by September 30, 2010.

Therefore, 2010 was the last year in which the First - Time Homebuyer Tax Credit was available to all taxpayers.

Not taking advantage of programs that help you buy a home, such as the government's homebuyer tax credit of up to $ 8,000.

Tax Tip # 8: If you claimed the First - Time Homebuyer Tax Credit when you bought the home, there are special rules that apply to the sale.

The expiration of the first - time homebuyer tax credit surely didn't help matters.

Many families are taking advantage of the federal homebuyer tax credit to buy a new home so this is a great time for Fannie Mae to offer some additional help,» Terry Edwards, Executive Vice President of Credit Portfolio Management, said in a statement.

Even in the face of astounding low mortgage rates including a shrinking jumbo spread (current best rates in your area), housing just isn't moving the dial and many investors fear with the expiration of the new homebuyer tax credit and a recent report outlining a massive drop in credit scores of Americans this year, we're looking at a new leg down in housing, which could crush Financials again, especially in the loan loss bucket.

First - time homebuyers taking advantage of the first - time homebuyer tax credit dominated Realtors» business during the third quarter, accounting for more than half the transactions of 21 percent of Realtors.

Let's re-start the first - time homebuyer tax credit.

Add this credit to the $ 7500 first time homebuyer tax credit and you get at least 8000 reasons to buy this year if you can swing it.

How can I apply for the Homebuyer Tax Credit?

Please note that in order to receive the Homebuyer Tax Credit you must reserve your MCC with us prior to your loan closing.

In order to receive the homebuyer tax credit, it must be reserved with us before you close on your new home.

To apply for a Homebuyer Tax Credit, contact a Participating MCC Lender or have your lender contact us.