Monday, March 22, 2010

Time is Running Out on "Homebuyer Tax Credit"

The "Extended" Homebuyer Tax Credit will soon run out. First Time Buyer and Existing Homeowners must be under contract by April 30, 2010 to take advantage of this tax credit, for more information Click Here !  Don't let time run out on you !

Monday, March 15, 2010

USDA MAY BE RUNNING SHORT !

For anyone who may have a current buyer that plans to use USDA financing, USDA expects to exhaust their supply of money to fund loans sometime in April.
• Listing agents: inform your sellers promptly.
• Selling agents, talk to loan originators ASAP to determine current loan status.
• Prepare buyers for possibility of seeking alternate financing.
• As always, consult your Lending Institution and Broker/Manager first!