Frederick Co Real Estate Headlines
January 4, 2010
Tax Credit Extended and Expanded!
November 9, 2009
Great news if you are planning on buying or selling a home by next spring - the First-Time Home Buyer Tax Credit has been extended and expanded. GREAT NEWS! The First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers is extended until April 30, 2010. EVEN BETTER! Now current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010 may receive a credit of up to $6,500 when purchasing a new or existing home between November 7, 2009 … [Read more...]
New Energy Efficiency Disclosure Law
October 31, 2009
Montgomery County has added another requirement for home sellers... After January 1, 2009, Home Sellers must supply prospective Buyers with copies of the past 12 months of their electric, gas and heating bills OR they must complete a usage history form for the past 12 months. Sellers must also supply buyers with additional information on energy efficiency and audits. So, if you are planning on selling your home in the next year or so, you may want to keep this in mind and … [Read more...]
Home Buyer's Credit Extension
October 31, 2009
UPDATED NEWS HERE! The First Time Home Buyer's Tax Credit appears likely to be extended into the first quarter of next year. An article in the Washington Post notes that: The Senate has reached a broad bipartisan consensus on extending a lucrative tax credit for first-time home buyers beyond the Nov. 30 deadline and expanding it to include some current homeowners, according to the Senate's Democratic leader. Under the plan, people buying their first home would receive an $8,000 tax credit … [Read more...]
Mid Atlantic Real Estate Market Update
October 31, 2009
Learn more about the Mid-Atlantic real estate market with this video commentary created especially for consumers. This video discusses highlights from the 3rd Quarter Trend in Housing Report: The State of the Region's Housing Market. … [Read more...]
First Time Homebuyer Tax Credit (2009) FAQ
September 16, 2009
UPDATED NEWS HERE! Time is running out on the First Time Homebuyer Tax Credit!! The current conventional wisdom is that there is only a 50% chance that Congress will renew this tax credit. Below are the highlights of the plan: Tax Plan Highlights: The tax credit is for first-time home buyers only. The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000. The tax credit does not have to be repaid. (different from the 2008 version!) The credit is … [Read more...]
