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Mt. Hood First Time Home Buyers

Saturday, February 6, 2010

by Liz Warren

If you have not owned a home for the past three years you qualify for potenitally receiving $8,000 tax free from the Feds and getting the lowest interest rates in over 60 years for your mortgage!

Where to start? Get in touch with a lender to see if you can qualify to purchase a home! Do it now! Most buyers with a credit score of 620 and above will have no problem in qualifying. There are many loans for our area that may work for you. There's the USDA loan with zero down payment-yes our area from Brightwood, Welches, and Rhododendron qualify for this program! There's also FHA which will require a 3.5% downpayment.

Here are some homes that may work for the first time homebuyer. Click on the home for additional details on that property and you can visit this page for details on the program.

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Mt. Hood First Time Home Buyers

Thursday, November 5, 2009

by Liz Warren

If you want a complete wrap up of the new changes, READ THEM HERE.

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Mt. Hood First Time Home Buyers

Sunday, September 20, 2009

by Liz Warren

Daylight is burning!!!!

Looking for that first home? Time is running out to take advantage of the $8,000 tax credit. Many sales are taking six to eight weeks to close. In order to get the credit by the dead line, you need your home to close by November 31, 2009!

Selection is great and you can't beat today's interest rates!

Here is more information on the first time buyer tax credit.

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Mt. Hood First Time Home Buyers

Thursday, September 10, 2009

by Liz Warren

Take advantage now for the first time home buyer credit of $8,000! Time is running out with this program expiring November 30th. You would probably need to be in escrow by September 30th to meet this deadline. Beyond that, you risk not getting your purchase closed in time.

The National Association of Realtors is trying to get this tax credit extended. It has spurred the home sales of summer all across the country. Once this tax credit is gone, and if interest rates go up, we will see an increasingly slow market returning with foreclosures still coming in, this could reduce sales and increase competition for sellers.

NAR is trying to get a $15,000 tax credit for ANYONE who purchases a home but will this happen? Stay tuned. This could help the move up buyers and help price ranges over $250,000.

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Mt. Hood First Time Home Buyers

Mt. Hood Area First Time Home Buyers

Sunday, February 15, 2009

by Liz Warren

If you are ready to purchase your first home in the Mt. Hood area from Welches, Government Camp, Rhododendron to Brightwood, you should take advantage of this updated First Time Homebuyer Tax Credit. Here is the revised edition!