Michael Dunn - Blog - Michael Dunn

Recent Blog Posts by Michael Dunn
30 Days and Counting on Home Buyer Tax Credit Less than 30 Days and Counting on Home Buyer Tax Credit Last November, the government expanded and extended the new Homebuyers Tax Credit. According to the program, first-time homebuyers are eligible for a tax credit of 10% of the purchase price of the home, with a maximum credit of $8,000. And some current homeowners looking to purchase a home can receive a credit up to $6,500. Although military ... Posted by Michael Dunn @ 8:12 AM on 04/07/2010		More
How to get the extended Home Buyer Tax Credit You’ve decided to purchase a home and take advantage of the Extended Home Buyer Tax Credit. Here's what you have to do to get your benefit:1.Close on your home purchase between November 7, 2009 and April 30, 2010, or have a binding written contract by April 30, 2010 and close by July 1, 2010.2. Decide whether to: •• apply the credit to your 2009 tax return, filed on or before April ... Posted by Michael Dunn @ 11:56 AM on 03/08/2010		More
Foreclosure Prevention Has Aided 116,00 The federal foreclosure prevention program has helped about 12 percent of borrowers who applied for help since the plans were announced a year ago, the Treasury Department says.About 1 million borrowers initiated the application process, and as of January, about 116,000 home owners--12 percent--had their loans modified. But administration officials say another 76,000 applications have been approved ... Posted by Michael Dunn @ 1:19 PM on 02/18/2010		More
Currently own a home but want to get a tax credit for selling it and buying another? Who is eligible to claim the $6,500 tax credit?Qualified move-up or repeat home buyers purchasing any kind of home are eligible to claim this credit. What is the definition of a move-up or repeat home buyer?The law defines a tax credit qualified move-up home buyer (“long-time resident”) as a person who has owned and resided in the same home for at least five consecutive years of the eight ... Posted by Michael Dunn @ 2:35 PM on 01/04/2010		More
Loan Modifications Hit Credit Scores #fb Applying for a mortgage modification and being in a months-long trial period can devastate a home owner’s credit score.Under the government plan, troubled borrowers can have their mortgage payments reduced to 31 percent of their pre-tax income. They are first put in a trial modification for several months to test whether they can meet the requirements of the new mortgage.Borrowers ... Posted by Michael Dunn @ 4:48 PM on 12/31/2009		More
Obama Proposes Cash for Caulking President Obama proposed a program Tuesday that would reimburse home owners for installing energy-efficient appliances, windows, and insulation.Under what has been dubbed “Cash for Caulking,” home owners would get a 50 percent rebate on items like energy-efficient air conditioners, heating systems, washing machines and dryers, refrigerators, replacement windows, and insulation up to $12,000, ... Posted by Michael Dunn @ 5:02 PM on 12/10/2009		More
Senate Approves Tax Credit Extension The Senate yesterday passed legislation to extend the $8,000 home buyer tax credit to May 1, 2010, for first-time buyers and add a $6,500 tax credit for repeat buyers if they've lived in their home for five of the past eight years. Home prices are capped at $800,000. The legislation was included in a bill to extend unemployment benefits and is expected to be passed by the House today or tomorrow. President ... Posted by Michael Dunn @ 1:38 PM on 11/05/2009		More
1 Step Closer to possibly extending the Home Buyer Tax Credit Senators have struck a deal to extend a popular tax credit for home buyers beyond those buying their first house, Senate Majority Leader Harry Reid's office said Wednesday. Legislators also have agreed to extend the tax credit through the end of April, according to a Reuters report. An $8,000 credit for first-time home buyers is set to expire at the end of November. Under a compromise reached by senators, ... Posted by Michael Dunn @ 5:23 PM on 10/30/2009		More
President's Neighbors Trying to Sell #fb President Barack Obama’s next-door neighbors in Chicago, Bill and Jacky Grimshaw, are trying to sell their house. Matt Garrison of the Matt Garrison Group, which listed the property, would not specify the listing price. He said the sale price will ultimately be determined by “the Obama factor.”The 17-room brick home located in the Hyde Park neighborhood last sold in 1973 for $35,000. ... Posted by Michael Dunn @ 11:15 PM on 09/14/2009		More
Pending Home Sales on a Record Roll (National News) Pending Home Sales on a Record Roll Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading of 94.6 in June, and is 12.0 ... Posted by Michael Dunn @ 9:50 PM on 09/01/2009		More
New Welcome Home Magazine out!! CHECK OUT THE NEW WELCOME HOME MAGAZINE COVER!! Call or email me and i will be more than happy to mail you a copy of this magazine which contains all of our homes for sale in and around the Albuquerque area. It does not matter if you are serious buyer, just curious, just looking, live in Albuquerque or live on the other side of the country! i WILL mail you a copy of this FREE of charge to you!! ... Posted by Michael Dunn @ 8:20 PM on 08/19/2009		More
First-Time Buyers-Act Quickly, Tax Credit Expires Soon!! Contact Michael Dunn with questions or see if YOU qualify! (505) 379-5849 AbqDunn@gmail.com RISMEDIA, August 3, 2009 -The New Jersey Association of Realtors (NJAR) is encouraging those considering buying a home for the first time to act quickly, as there is very limited time to qualify for the $8,000 first-time homebuyer tax credit. As of August 1, there were only 121 days for first-time ... Posted by Michael Dunn @ 12:09 AM on 08/05/2009		More
Is Mortgage Forgiveness the Answer?? Curious as to what your thoughts on this subject are?? Please contact me with your thoughts! @AbqDunn@gmail.com (on twitter) AbqDunn@gmail.com (505) 379-5849 Some housing experts say the next logical step for helping home owners with negative equity is loan forgiveness.Home owners with no equity stake and no likelihood of having one anytime soon are increasingly likely to ... Posted by Michael Dunn @ 12:43 PM on 07/01/2009		More
Realtors Join Business Roundtable in Calling for Renewed Focus on Housing Stabilization Michael Dunn, Realtor-Do you qualify for the home buyer tax credit currently?? Contact me to find out if you do or not!! (505) 379-5849 Call or Text AbqDunn@gmail.com www.MikeDunnSellsNM.com Washington, June 10, 2009 The following is a statement by National Association of Realtors® President Charles McMillan: "NAR and our 1.2 million members applaud the Business Roundtable for its sound ... Posted by Michael Dunn @ 8:50 PM on 06/20/2009		More
Extending Home-Buyer tax Credit to ALL buyers is on the Table!! CONTACT MICHAEL DUNN, REALTOR FOR ALL OF YOUR REAL ESTATE NEEDS. BUYING A HOME, SELLING A HOME OR JUST CURIOUS ABOUT THE MARKET? I AM HERE FOR ALL OF YOUR REAL ESTATE NEEDS!! PLEASE EMAIL ME YOUR FEED BACK ON THE ARTICLE TO ABQDUNN@GMAIL.COM OR (505) 379-5849 I WOULD LOVE TO HERE YOUR OPINION!! By Lew Sichelman WASHINGTON (MarketWatch) -- Question: Is there any possibility that ... Posted by Michael Dunn @ 8:45 AM on 05/25/2009		More
U.S. to offer Incentive to Modify Second Mortgages U.S. to Offer Incentives to Modify Seconds The Obama administration is announcing incentives today for mortgages servicers to modify home equity loans and other second mortgages.Servicers must agree to modify second mortgages when the first mortgage has been modified. They must extend the term of the second mortgage and match the rate of the first mortgage. Then the government will share the cost with ... Posted by Michael Dunn @ 10:51 PM on 04/28/2009		More
Where to find help if you are facing foreclosure Here's a list of programs that are either operated by the U.S. government or have its seal of approval: To find a counselor, contact the U.S. Department of Housing and Urban Development (HUD) at (800) 569-4287 or (877) 483-1515, or go to www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm Call (888) 995-HOPE, the Homeowner's HOPE Hotline to reach a nonprofit, HUD-approved counselor through HOPE ... Posted by Michael Dunn @ 12:41 PM on 04/22/2009		More
More Money Coming Your Way!! Employers should be ready for the Making Work Pay credit by Wednesday. That means some extra take-home pay. Here's what you need to know. You're likely to see some more green in the next couple of weeks. Not only on the trees. Very possibly in your wallet, too. President Obama has asked that all employers adjust their payroll systems by Wednesday so eligible workers can start receiving the new Making ... Posted by Michael Dunn @ 12:46 PM on 04/08/2009		More
More Money Coming Your Way!! Employers should be ready for the Making Work Pay credit by Wednesday. That means some extra take-home pay. Here's what you need to know. You're likely to see some more green in the next couple of weeks. Not only on the trees. Very possibly in your wallet, too. President Obama has asked that all employers adjust their payroll systems by Wednesday so eligible workers can start receiving the new Making ... Posted by Michael Dunn @ 12:46 PM on 04/08/2009		More
More Money Coming Your Way!! Employers should be ready for the Making Work Pay credit by Wednesday. That means some extra take-home pay. Here's what you need to know. You're likely to see some more green in the next couple of weeks. Not only on the trees. Very possibly in your wallet, too. President Obama has asked that all employers adjust their payroll systems by Wednesday so eligible workers can start receiving the new Making ... Posted by Michael Dunn @ 12:46 PM on 04/08/2009		More
IRS PROVIDES FILING GUIDANCE ON FIRST TIME HOMEBUYER TAX CREDIT IRS Provides Filing Guidance on First Time Homebuyer Tax Credit The IRS has released additional information to help homebuyers understand the ways they can file to receive the homebuyer credit. It is important for taxpayers to know that they must complete the purchase and close or take up residence in the case of new construction in order to be eligible to file for the credit. Here ... Posted by Michael Dunn @ 9:41 AM on 04/04/2009		More
NM Govenor Announces Tax Credit Loan Program helping 1st Time Home Buyers with Down Payment NM Governor Announces Tax Credit Loan Program Helping 1st Time Home Buyers with Down Payment American Recovery and Reinvestment Act funding creates opportunitiesSANTA FE- Governor Bill Richardson today joined with the New Mexico Mortgage Finance Authority to urge New Mexicans to take advantage of programs that offer historic levels of assistance to first-time homebuyers."During this time of unprecedented ... Posted by Michael Dunn @ 5:26 PM on 04/03/2009		More
Questions about the $8,000.00 OR $7,500 tax Credit?? http://www.federalhousingtaxcredit.com/ Contact Michael Dunn for ALL of your Real Estate needs!! (505) 379-5849 Call or text AbqDunn@gmail.com Posted by Michael Dunn @ 12:54 PM on 04/02/2009		More
BEWARE-Scammers Target Troubled Borrowers Scammers Target Troubled Borrowers Scam artists are proliferating, attempting to make money off troubled borrowers interested in taking advantage of President Barack Obama's foreclosure-prevention plan.The firms charge fees for what they tell borrowers will be quick and effective negotiations with banks. In most cases, the firms take the home owners' money - often more than $1,000 - and do nothing. ... Posted by Michael Dunn @ 4:46 PM on 03/20/2009		More
Federal Stimulus includes $8,000.00 Tax Credit for 1st Time Home Buyers!! FAQ on Federal Plans to Stimulate the Housing Market* The following is a summary of how the real estate industry is being impacted by the current governmental actions to stabilize the economy. Q. What happened? A. On February 17, President Obama signed the American Recovery and Reinvestment Act (of 2009), totaling approximately $780 billion, which is intended to provide a stimulus to the U.S. ... Posted by Michael Dunn @ 8:55 AM on 03/07/2009		More

Your Account

Full Version

Disclaimers & Copyright

Coldwell Banker Legacy REALTORS® is a full service real estate company in New Mexico with eleven offices located in the Albuquerque Metro Area; Rio Rancho, the East Mountains, Los Lunas, Grants, and Cedar Crest. We represent buyers and sellers for New Mexico residential and investment properties such as single family homes, multi-family homes, owner occupied and investment properties, condominiums, townhouses, and 55 and over housing. Coldwell Banker Legacy services Albuquerque and the surrounding real estate markets: Northwest, Northeast, Southeast, and Southwest Albuquerque, North Valley, Corrales, Rio Rancho, Placitas, and East Mountains. We specialize in new construction, luxury, ranch and recreational real estate properties. ColdwellBankerLegacy.com is your source for New Mexico Real Estate Services. Contact one of our qualified experienced real estate agents today.

Your mortgage provider for life.

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither broker(s), agent(s) nor WhereToLive.com, Inc. shall be responsible for any typographical errors, misinformation or misprints, and shall be held totally harmless.

This site is optimized for Touch devices.