Archive for March, 2009

Your Real Estate Professionals

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Another Record Low Set for Long-Term Mortgage Rates This Week
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.85 percent with an average 0.7 point for the week ending March 26, 2009, down from last week when it averaged 4.98 percent. Last year at this time, the 30-year FRM averaged 5.85 percent. The 30-year FRM has not been lower in the life of Freddie Mac’s weekly survey, which dates back to 1971 for the 30-year FRM. FULL STORY->

It’s Time to Get Moving on Your Taxes

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It’s Time to Get Moving on Your Taxes By: Richard Chapo

- If you haven’t already started getting ready to file your taxes, now is definitely the time. Yes, it is that time of year again. April 15th is just around the corner and that means tax filing time.

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First-Time Home Buyer Tax Credit

Congress Enacts Bigger and Better
Home Buyer Tax Credit

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A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.

Learn how you can take advantage of
this $8,000 tax credit to buy the home of your dreams. 
 

 

First-time home buyers who purchased a principal residence on or after April 9, 2008 and before January 1, 2009 may qualify for a $7,500 tax credit. Click here for more information.

Home Technologies & Green Designs Helping Builder Profits

Updated: March 25, 2009

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Home Technologies & Green Designs Helping Builder Profits
Despite the current economy and decline in the housing market, builders have not abandoned home technologies, according to new findings in the 7th Annual State of the Builder Technology Market Study released by the Consumer Electronics Association (CEA). The study found that a majority of builders remain committed to home technology and recognize its importance in marketing new homes. According to the CEA, consumer desire for electronics helped preserve builder revenue in the current housing market. FULL STORY->

How a Foreign National Can Buy Real Estate in America

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How a Foreign National Can Buy Real Estate in America
By [http://ezinearticles.com/?expert=Maria_Gudelis]Maria Gudelis

Opportunities for real estate investment for foreigners is wide and varied in the United States. It doesn’t matter where you’re from and what currency you’d be using to purchase a property, you have a property waiting for you.

There are generally three kinds of real estate investment available to foreigners. These investments include the commercial estate investment and residential property investment. Residential properties are further classified into single family properties, apartments or condominiums and recreational properties. Regardless of what kind of real estate you are interested in, there are all sorts of tax ramifications, financing options and legal requirements that you have to deal with.

Why Should You Invest in the U.S. Real Estate Market?

 

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