Category Archives: first time home buyer credit, real estate minnesota
Local Real Estate News
Wednesday, May 19th, 2010
More good news about the housing market!
The tax credit has come to an end and the housing market is reaping the rewards. The April median sales price has gone up 11% compared to April 2009. Thanks Pioneer Press for reporting about the positive turn in the … Continue reading
Orginal Story:More good news about the housing market!
Posted in Twin Cities Housing Statistics, Twin Cities Real Estate, first time home buyer credit, real estate minnesota
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Tuesday, March 3rd, 2009
Revised first time homebuyer tax credit and what it means for sellers?
The President just signed the new stimulus package, officially called the American Recovery and Reinvestment Act of 2009. In addition to raising FHA loan limits the first time homebuyer credit changed for the better. If you purchase a home between … Continue reading
Posted in 8,000 tax credit,, first time home buyer credit, real estate minnesota
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Wednesday, January 28th, 2009
Change to the $7500 tax credit?
In a previous blog I talked about the first time home buyer tax credit of $7,500. It is called a tax credit but it is really a 0% interest installment loan given by the federal government, which you repay $500/year … Continue reading
Orginal Story:Change to the $7500 tax credit?
Friday, December 12th, 2008
What could you do with $7,500?
Yep that’s what I said $7,500. The US Government will be giving first time homebuyers a $7,500 tax credit. Well sort of a credit, you will have to repay $500/year for 15 years. This is one of many ways the … Continue reading
