Posts tagged as:

$8000 tax credit

Just when you thought the real estate market in the West Palm Beach area has turned the corner the FHA sets new tougher loan guidelines for borrowers. With the First Time Home Buyer Program set to expire this year and interest rates sure to increase in the future, the time to buy is now if […]

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$8000 Tax Credit to be Extended in Palm Beach County?

by Rodney Forbes on October 22, 2009

As the November 30th deadline approaches to take advantage of the federal $8,000 First Time Home Buyer Tax Credit just about everyone in the real estate business, including buyers and sellers, are hoping the credit will be extended into 2010. The tax credit has a lot to do with the turn around in the Florida […]

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Palm Beach County Real Estate…Celebrate or Wait?

by Rodney Forbes on August 31, 2009

Breaking News: Case/ Shiller Housing Index Shows Second Month In A Row Of  INCREASE IN SALES! We have been seeing continued reports of the strengthening of the national real estate market. Certainly in Palm Beach County Florida, one of the first and hardest hit areas in the country, the numbers have continued to move positive. […]

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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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$8000 Home Buyer Tax Credit Explained

by Rodney Forbes on June 30, 2009

I get asked questions every day about the $8,000 First Time Home Buyer Tax Credit. Who qualifies, what’s the income limit, when do I get the money, what can I use it for. The following article excerpt explains most of the details pretty well. According to Keystone Custom Homes, first-time buyers need to be aware […]

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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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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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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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