From the category archives:

First time home buyers in Palm Beach Gardens Florida

Down Payment Assistance Nobody Knows About

by Rodney Forbes on June 29, 2009

With the real estate market in south Florida still trying to recover, so much attention has been given to the $8000 First Time Home Buyer Tax Credit. It certainly has helped with getting many buyers off the fence to take advantage of affordable home prices and low interest rates. So much attention has been given […]

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Mortgage Crisis Spreads to “Safe Borrowers”

by Rodney Forbes on June 2, 2009

Until now most people considered the problem with foreclosures and short sales to be limited to certain areas and mostly “sub-prime” loans. With layoffs and bankruptcy in big companies like the auto industry, the mortgage problem is spreading to (up ’till now) safe borrowers. The mortgage crisis is spreading and hitting new heights: Borrowers with […]

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Falling Property Values Could Mean Tax Hikes

by Rodney Forbes on June 1, 2009

Just when you thought it was difficult enough to deal with falling real estate property values for the last couple of years, now the local governments are having to figure what to do about the fall in tax revenues from property taxes. Palm Beach County’s property values plummeted about 13.5 percent this year, creating a […]

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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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Meet the Pushy Realtor

by Rodney Forbes on May 22, 2009

Hopefully you never have to meet this guy! We can do better. If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and […]

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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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Pending Home Sales Continue to Increase

by Rodney Forbes on May 21, 2009

This video from the National Association of Realtors highlights the continuing increase in pending sales for the US. In the real estate industry this index is seen as a leading index of the market to come WARNING: Videos with economists are not full of special effects and sexual content! But they are informative. Just get […]

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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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