Shopping for a Condo? Ask These 4 Questions before You Buy

By John Bendall | Published: February 19, 2010

Shopping for a Condo? Ask These 4 Questions before You Buy Condominium homes have always been, and will likely always be, an efficient and economical route to becoming a first-time homeowner. They can offer the comfort, prestige, and even luxury appointments that apartment living may lack, often at a cost that is not much different … Continue reading Shopping for a Condo? Ask These 4 Questions before You Buy

Posted in Central New Jersey Real Estate, home buyer help, RE/MAX Classic Group in New Jersey, real estate market | Also tagged , , , | Comments closed

Do you Want to ‘Move-Up’? The Clock Is Running!

By John Bendall | Published: December 29, 2009

While you’ve probably heard a lot in the media about the government’s efforts to rejuvenate the housing market with the first-time home buyer tax credit, you might have missed the fact that the most recent expansion of the legislation also includes a $6,500 credit for current homeowners who want to purchase a new home…commonly referred to as “moving up.”

Posted in Central New Jersey Real Estate, home buyer help, Information about Central New Jersey, New Jersey home owner help | Also tagged , , | Comments closed

Top 5 Facts You Need to Know about the Expanded Home Buyers Tax Credit

By John Bendall | Published: November 27, 2009

On November 6, President Obama signed the Worker, Homeownership, and Business Assistance Act of 2009 into law, extending and expanding the important home buyer tax credit, and thereby providing many Americans with just the break they need to buy a first home or move up to a new home.

Posted in Central New Jersey Real Estate, home buyer help, homeowner help | Also tagged , , | Comments closed

It’s finally official: 1st time home buyer tax credit of $8,000 can be used towards purchase costs!!!

By John Bendall | Published: May 29, 2009

DONOVAN ANNOUNCES RECOVERY ACT’S HOMEBUYER TAX CREDIT CAN IMMEDIATELY HELP THOUSANDS OF FIRST-TIME HOMEBUYERS TO BUY A HOME FHA plan will stimulate new home sales and help stabilize housing market WASHINGTON – Speaking to the National Association of Home Builders Spring Board of Directors Meeting, U.S. Housing and Urban Development Secretary Shaun Donovan today announced … Continue reading It’s finally official: 1st time home buyer tax credit of $8,000 can be used towards purchase costs!!!

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$8000 1st time Homebuyer Tax Credit Cannot be used for Downpayment as of 5/14/2009

By John Bendall | Published: May 19, 2009

The secretary of HUD made an announcement Monday and a HUD/FHA letter was published on the website Monday night stating the the $8000 could be used for upfront down payment (although the mortgage letter was vague at best and has been removed from the site). BUT……..the new director of HUD pulled that Mortgagee letter Thursday … Continue reading $8000 1st time Homebuyer Tax Credit Cannot be used for Downpayment as of 5/14/2009

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Tax Credit Can Be Used for Down Payment !!!!

By John Bendall | Published: May 13, 2009

1st Time home buyers can use $8,000 tax credit for down payment

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