Posts tagged: stimulus package

Homebuyer Tax Credit: 70 days left

If you are interested in taking advantage of the homebuyer tax credit and buy a home in Northern Virginia, the clock is a-ticking. Seventy days to find your home sounds like a lot of time, but it will surely go by very quickly as you are competing with throngs of other buyers looking to cash in.

Northern Virginia Real Estate Foreclosure Auctions: Should I? Or Shouldn’t I?

You see the foreclosure notices in the local paper and you hear they conduct these auctions “at the courthouse steps”.  The courthouse isn’t the first place on your list of places you want to be. Well, it’s actually a place brimming with opportunity for Northern Virginia real estate investors.  Just take a look at how [...]

Want an $8000 Tax Credit? Buy a Woodbridge Home for Sale Now

Last November, when Congress approved an extension on the first-time homebuyer tax credit, potential homebuyers who missed the original deadline were excited. It was another chance to buy a Woodbridge home for sale and receive an often badly needed $8,000 on their tax return.

Foreclosure Alternatives: Mortgage Loan Modification

A Loan Modification is a change to one or more of the terms of a loan. For example, this could take the form of a lower interest rate, as in going from 7.5% to 5.5%. Or, it could involve extending the term of the loan, as in going from a 30 year term to a 40 year term. Whatever the case may be, the goal is to reduce the mortgage payment to one that the homeowner can manage and allow them to maintain ownership of their home.

How The Stimulus Plan Helps You Buy a Home

The new stimulus plan has given many people new hope for their housing futures.