From the category archives:

Bank Mortgage Financing in Palm Beach Gardens Florida

Another Boost to Florida Real Estate

by Rodney Forbes on June 30, 2009

Starting July 1st, qualified first time home buyers will be able to use the federal tax credit of up to $8000 as part of their up front costs for buying a home. Until now the tax credit could only be received after the buyers had closed on the home, and then filed their taxes. This […]

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First Time Home Buyer Tips

by Rodney Forbes on May 30, 2009

With all the talk of first time home buyers, tax credits, low interest rates, low home prices, etc., many people are asking if it’s time for them to make the move and finally buy. With uncertainty in the economy and housing market, it’s smart to ask some important questions as to whether it’s really time […]

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First Time Buyers….Read This!

by Rodney Forbes on May 30, 2009

If you’re a first time home buyer you need to read this. I’ve been predicting for some time now the federal government would allow the First Time Home Buyer Tax Credit to be applied for up front costs. The Federal Housing Administration rolled out details of its policy Friday that will let first-time home buyers […]

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Banks getting the short sale message finally!

by Rodney Forbes on May 22, 2009

  The following excerpt from an article in the Press-Enterprise is welcome news for people who have been trying to facilitate short sale transactions. Whether it’s the buy, seller or Realtors involved, short sales have a bad reputation when it comes to getting the sale complete. I guess the banks are finally stating to realize […]

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In a story that continues to go back and forth, it seems first time home buyers will be able to use the $8,000 federal tax credit for up front costs including down payment. Until now the tax credit could only be claimed when filing taxes. The tax credit has been partially responsible for a rise […]

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Get Your $8,000 Federal Tax Credit This Year

by Rodney Forbes on May 8, 2009

The popular First Time Home Buyer Tax Credit of 2009 has a slightly interesting twist that most people don’t know about. Even though the credit is for homes purchased by December 1, 2009, the tax credit can be claimed on your 2008 tax return! This is a great incentive for those still sitting on the […]

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Florida Real Estate: Back to the Future

by Rodney Forbes on May 2, 2009

James L Butkiewicz At the dawn of the 20th century, fewer than half of all households in the United States owned their own home. Fueled by rapid income growth during the 1920s, home ownership increased to 47.8% in 1930 from 46.5% in 1900 but then declined to 43.6% in 1940. An obstacle to homeownership at […]

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Worst is over for real estate?

by Rodney Forbes on April 30, 2009

After deteriorating relentlessly for nearly three years, the much-watched S&P/Case-Shiller Index showed a brief glimmer that plummeting home prices are at least slowing their fall. Prices are still plunging: Home prices in 20 major cities across the country have fallen 18.6% between February of this year and last, according to the index released Tuesday. That […]

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Slowing recession good for real estate market

by Rodney Forbes on April 30, 2009

The Federal Reserve on Wednesday said it see signs the recession may be easing, but warned that the economy is likely to remain weak. Against that backdrop, Fed Chairman Ben Bernanke and his colleagues left a key interest rate at a record low of between zero and 0.25 percent, and decided against taking any new […]

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Loan Mod Program Scam Alert

by Rodney Forbes on April 24, 2009

The recent law enacted by the federal government designed to help struggling homeowners stay in their homes by modifying the interest rate and/or term of the loan has spawned all sorts of bogus companies preying on unsuspecting homeowners. Many homeowners who are behind on payments are now being contacted by certain “loan modification” companies who […]

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