The 2009 First-Time Homebuyer’s Tax Credit passed by Congress this year just might be the best financial opportunity available to qualified home buyers in a generation. The new credit is retroactive to January 1, 2009. Unlike the 2008 package, this is not a loan. Eligible first-time buyers receive an $8,000 tax credit from Uncle Sam…
Tag Archive: financing
Facing Foreclosure? Modify Your Loan! Alternatives to Foreclosure in Westchester County, NY
You’ve probably been hearing an awful lot about loan modifications. It seems like in this economic climate, the subject is popping up everywhere. Though I’m based in Westchester County, NY, helping distressed homeowners wade through the climate of the current recession is what I do. Though my area sweeps Rochelle to Portchester and a hundred…
The Obama Bail Out Means Loan Modifications For Westchester County, NY
Housing Bailout at $275 Billion Obama Plan Would Fund Loan Modifications, Cover More Losses at Mortgage Titans: The plan, which could cost as much as $275 billion, will enable as many as five million homeowners who have little equity in their homes — or even owe slightly more than their homes are worth — to…
Looking for a Distressed Property In Westchester County, New York? Two Things You Need To Know
You can’t turn the television on without commentary about how it’s the end of the world in real estate. Everyone is talking about prices coming down, down, down, down. The market may have a ways to go, but a lot of investors are starting to think that it’s at or near the bottom, and coming…