Homeowner Bailout Plan – Good, Bad or Ugly?

February 17, 2009 by Kristin LaVanway · Leave a Comment 

As a Realtor, I get asked lots of real estate questions. The question of the day is most certainly “What do you think of the Obama’s Homeowner Bailout Plan?” And I have to say, it is not an easy question to answer. There are so many levels to the current housing situation, and [...]

First Time Homebuyer’s Tax Credit – Update

February 17, 2009 by Kristin LaVanway · Leave a Comment 

The Housing and Economic Recovery Act of 2008 authorized a $7,500 tax credit for qualified first-time home buyers – those buyers who have not owned a home in the last three years. The homes had to be purchased on or after April 9, 2008 and before January 1, 2009. Although the $7500 would be fully [...]