Tax Credit

by Grant Hammond|May 22, 2009May 22, 2009|FHA, Freddie Mac, Home Buyers, HUD, NAR, Tax Credit

At last week’s NAR Mid-Year Conference in Washington, HUD Secretary Shaun Donovan, said that the Federal Housing Administration (FHA) is going to permit its lenders to allow home buyers to...

Nashville Tax Assessment Reappraisal Deadline

by Grant Hammond|May 11, 2009May 11, 2009|Home Values, Nashville, Nashville Appraisals, Tax Credit

This article entitled “Reappraisal review deadline nears” appeared in the Tennessean on May the 10th, 2009. The author is Jenny Upchurch:"Property owners in Davidson County can get an informal review...

Real Estate Market Boosted by First Time Buyers

by Grant Hammond|May 6, 2009May 6, 2009|Foreclosures, GNAR, Home Sales, NAR, Nashville Real Estate, Tax Credit

The National Association of REALTORS (NAR) says over 50 percent of March’s home sales were tied to first-time buyers, many of whom snapped up foreclosed homes and other distressed properties....

Another Tax Credit for First Time Home Buyers

by Grant Hammond|May 5, 2009May 5, 2009|Home Buyers, Nashville Homes, Tax Credit

Earlier this year, Congress passed the American Recovery and Reinvestment Tax Act of 2009 (”2009 Tax Act”). In division B, Title I, Section 1006, there is a provision for a...

First Time Home Buyers Tax Credit Explained

by Grant Hammond|February 24, 2009February 24, 2009|Home Buyers, Tax Credit

First Time Home Buyers - $8,000 first-time home buyers (or if you have not owned a home in 3 years) tax credit for qualified home purchases in 2009. This tax...