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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
For those who have made a home in Florida and are considering a move to a new Florida home, one of the most important things to be aware of is the newly enacted Property Tax Portability Amendment. So just what is Property Tax Portability? A new Florida law allows residents that are moving from one [...]
Keeping Your Real Estate Equity In Tact During a Sale With 1031 Exchanges presents a wide variety of opportunities from taking advantage of the 1031 exchange technique provided by the real estate code. In a 1031 tax free exchange a real estate investor can sell an appreciated property and invest the sale proceeds in a [...]
Whether you’re investing in an ocean front condo or set of multiplex condo units you’ll find many advantages in properties managed through a condo association. A condo association can be a very valuable asset to both full-time and part-time owners, taking the pressure of building maintenance and upkeep off your shoulders, and turning it instead [...]
6 pristine St Augustine Florida waterfront lots zoned multi-family are now available at short sale pricing dramatically below the outstanding bank loan. Working with the lender and developer, Cranewoods Realty has now listed these AAA located parcels at less than 25% of the actual cash invested in the lots due to a pending bank foreclosure. [...]
FOR MORE INFO CONTACT:
Andrew Howe
Jacksonville FL: 904.758.3434
Cincinnati OH: 513.257.0749
AHowe@cranewoods.com
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