The first time buyer credit has been extended .
The contract must be entered into by April 30th 2010 with the closing being by the end of June 2010.
There also is a $6500 credit for move up buyers who have been in their homes 5 of the last 8 years.
Adrian Rogers wisdom
http://randallmelchert.com/2009/07/11/adrian-rogers-on-prosperity/
For the first time buyer time is getting shorter than they realize.
As of this time the tax credit expires and homes must be "funded" by November 30th. In New Mexico there is a closing and hopefully the funding is the following day. The bank gets the documents from the closing and has a chance to re examine them. If everything has gone well they release the funds and we have "funding".
There is a ...
It is time for the city of Albuquerque to honor its committments and complete Unser. For information and to sign a petition go to http:www.unserbuild.com
Balloon Fiesta is set for October 3 to the 11th. To go to their site click
www.balloonfiesta.com
Time may be running out for the first time home buyer tax credit. New homes must close and fund by Novenber 30th. So most properties should probably be "out of the ground" in prder to egt in on time. A word to the wise.
HUD has just announced the change in FHA guidelines that the qualifying amount up to $8,000 tax credit can be monetized and used for the 3.5% down payment and any additional closing costs beyond that amount.
This lets the first time buyer purchase with less out of pocket expenses. With low interest rates and low home prices ,this is definitely the time to buy!
With new energy saving windows being encouraged by tax incentives, it is a good time to review some cleaning tips.
Do not use a razor blade on stubborn spots. There is a very thin coating of metal on the glass and the blade could scratch the finish. Also do not use ammonia based cleaners as this can leave a film. Also do not use Lime deposit dissolving cleaners for the same reasons.
Sourced from ...
When you go car shopping beware. If the salesperson takes your license and makes a copy . Car dealers will use that information to pull your credit . They may try with different lenders.
It has happened that a person trying to shop for a car can have 22 inquiries on their report . These are considered a ding and can lower your score.
Then when you go for a mortgage your score is lower than it might ...
The Federal buying up Fannie Mae and Ginny Mac bonds has pushed interest rates below 5% for some borrowers. For simple calculation at 4.70% $1,000 dollars borrowed equals a $5.00 monthly payment for principle and interest. So a $200,000 loan would have PI of $1,000.00
