Tag Archive

Homebuyers have greater interest in home inspections

By Kim Shindle

About 90 to 95 percent of Pennsylvania homebuyers accompany the home inspector when purchasing a house, according to Kathleen Kuhn, president of HouseMaster, a home inspection company. »

President Obama signs homebuyer tax credit bill

By PAR Staff

The law extends the present $8,000 tax credit for first-time home buyers through April 30, 2010. Current homeowners are eligible for a $6,500 tax credit through April 30, provided they have lived in the home they are selling, or have sold, as the principal residence for five consecutive years during the past eight years. »

Call for action: Extend and expand the Homebuyer Tax Credit

By Meghan Tinkham, e-PRO

The first-time homebuyer tax credit is having a positive impact on the real estate market recovery. As the expiration date for this successful program looms, Congress needs to hear about the positive impact this program has had and ask them to extend it, and expand it, so that REALTORS® can continue to see the... »

Podcast: REALTORS® can help homebuyers with PHFA financial programs

By Samantha Elliott Krepps

Kate Newton of the Pennsylvania Housing Finance Agency, speaks to PAR's Samantha Krepps about loan options for homebuyers. »

IRS site reliable source for homebuyer tax credit

By Susan C. Wright, e-PRO

As a recent first time homebuyer, I was personally very excited to learn about the expanded 2009 first time homebuyer credit. Back in the spring, while going through the process, there was very little information available. We received conflicting or little information from all parties involved in the transaction process and ended up having... »

First-time homebuyer tax credit can be used as down payment for FHA-insured loan

By Samantha Elliott Krepps

The first-time homebuyer credit provides a maximum available credit of $8,000 (for homes purchased in 2009) for either a single taxpayer or a married couple filing a joint return, but only half of that amount for married persons filing separate returns. The full credit is available for homes costing $75,000 or more. »

FHA allowing homebuyers to use $8,000 tax credit as down payment

By Meghan Tinkham, e-PRO

HUD Secretary Shaun Donovan provided good news yesterday for first-time homebuyers at NAR's Midyear Legislative Meetings in Washington, D.C. »

Podcast: Homebuyer tax credit

By Samantha Elliott Krepps

Speaker: PAR External Communications Specialist Samantha Krepps »

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