Contract in hand, more time to settle

The Senate passed an amendment that extends the first-time home buyers $8,000 tax credit by three months IF you already have a contract in hand. The U.S. Senate voted on Wednesday to give homebuyers another three months to settle on their contracts and take advantage of a popular tax credit that sparked a rush of [...]

Florida Developer Announces Sellout of Award Winning Jacksonville Historic District Loft Project

Florida real estate Developer Cranewoods Development announced that the remaining lofts in its award winning Riverside Historic District loft project in Jacksonville, The Chelse Lofts, were sold to a South Floida investment group. The Chelsea has won awards for historically compatable construction and design. Jacksonville, FL (PRWEB) March 25, 2010 — Florida real estate developer Cranewoods [...]

Receivers and Receivership

Here’s a good resource if your real estate development or investment runs into some trouble and you or your lender think you may need a court appointed receiver. A court appoints a receiver only after both sides of the litigation are given an apportunity to give input upon the specific receiver and the goals of [...]

The VA Purchase Loan Has Many Advantages

Buying a house but not sure what you’re going to use to finance the purchase given today’s climate in the mortgage market? If you’re a veteran or active duty military, then you must consider a VA Loan, a benefit thanks to your service to the United States. A VA Loan is a great option for [...]

Tax Credits working for Homeowners, First Time Buyers and the Economy

A recent study and market analysis show the extension of the first-time home buyer tax credit and the addition of  credit for existing homeowners is working for our economy. But the credits are set to expire in April and interest rates are beginning to rise from their near historic lows so the time to buy [...]

Fannie Mae helping Florida’s condo market

Due to Florida’s great weather, abundance of beautiful coastal properties, it’s livability for residents, and attraction to retirees and vacationers, Florida has always had more condominiums than almost every other state in the country. Unfortunately, in the recent downturn, what’s considered a plus by many has become caught up in the economic turmoil like everything [...]

Prices to bottom, rates to raise but still a Buyer’s Market

Real Estate is seeing historically low prices, especially in the luxury and near luxury market.  Prices are at or extremely near the lowest they will ever be but mortgage rates are beginning to rise and aren’t expected to return to the low rates we’ve seen over the last few years. Here is a very good article [...]

$8,000 First Time Homebuyer Tax Credit Explained

The first-time homebuyer credit is a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. For homes purchased in 2008, the credit operates like an interest-free loan because it must be repaid over a 15-year period. The credit was expanded in 2009 for homes purchased in 2009, increasing the [...]

Groups Investing in Real Estate

One of the developing trends in real estate is investing as a group in real estate. Some of the best investments can be found in oceanfront homes, beachfront and oceanfront condominiums and contemporay lofts. The advantages of investing in real estate as a group include: Spreading the investment between several people to minimize cash outlay [...]

The Tax Loss Carry Back and what it means to Real Estate Investors and Buyers

The Tax Loss Carry Back attached to the Unemployment Benefits Bill recently passed by congress and signed by the president has gotten little press but it may have great impact. First off, it will have the intended influence on stabilizing the Commercial Real Estate (CRE) market by helping potentially tens of thousands of mid level [...]

  • Page 1 of 2
  • 1
  • 2
  • >