Tips for Couples Buying Their First Home Together
December 12, 2011 by Katie Wethman · Leave a Comment
Buying a home means starting a new phase of your life. It’s big, it can be scary, and it’s tough to make decisions. Add a second person into that mix and it can be overwhelming! Here are a few tips to get started if you and a significant other are buying your first home together: [...]
Is the First Time Home Buyer Credit Coming Back?
August 30, 2010 by Katie Wethman · Leave a Comment
With the precipitous 27% drop in July housing sales, the first time home buyer credit is getting renewed interest from some heavy hitters in Washington, including Secretary of Housing and Urban Development Shaun Donovan, according to The Hill. Though admitting that just one month of numbers was too little data to say whether the credit [...]
Free First Time Home Buyer Seminar in Arlington
August 26, 2010 by Katie Wethman · Leave a Comment
Monday, September 20, 2010 from 7:00 – 8:15 Arlington Central Library 1015 N Quincy St 2nd floor meeting room Ballston (Orange Line) Though there is no cost to attend, you must contact us to register for the First Time Buyer Class since seating is limited and so that materials are available. Educating Home Buyers to Enable [...]
Is the $8000 First Time Home Buyer Tax Credit Going to Be Extended?
April 16, 2010 by Katie Wethman · Leave a Comment
Alas, my crystal ball is in the shop. But I CAN tell you the same thing I recently told the Washington Examiner about the upcoming expiration of the credit: the administration and Congress are under a lot more pressure now to control spending than they were this time last year. Last year it was all [...]
Single Women as Home Buyers
February 13, 2010 by Katie Wethman · Leave a Comment
Single working women are poised to become a financial powerhouse: single women between 25 and 30 are earning more than single men, and women’s earned income is growing faster, according to www.womenhomeowners.com. Even coming out of the current recession, women are positioned better: 82% of job losses affected men, according to the New York Times. [...]
Free First Time Home Buyer Class in Arlington, VA
February 8, 2010 by Katie Wethman · Leave a Comment
Are you a first time buyer thinking of starting your search? Low pries, historically low interest rates, and the $8000 tax credit have many people in our area wondering if it’s time to buy. Join us for a free educational session at Arlington County Library. Wenesday, March 3 7:00pm – 8:15pm Arlington County Library 1015 [...]
Is Buying a Home One of Your 2010 New Year’s Resolutions?
December 27, 2009 by Katie Wethman · Leave a Comment
Get started by attending a free, no obligation first time home buyer class at Arlington Central Library on January 26 at 7:00 pm. Our first time home buyer classes are educational sessions designed to give an overview of current market conditions and the home buying process. We cover a recap of the market, current trends [...]
VHDA Loans Allow Financing of Down Payment
December 15, 2009 by Katie Wethman · Leave a Comment
The Virginia Housing Development Authority has extended its Homebuyer Tax Credit Plus program to match the deadlines of the Federal First-Time Homebuyers Tax Credit. VHDA’s program lets borrowers use a second mortgage to finance up to 5% of the sales price (enough to cover FHA’s 3.5% down payment requirement) by using the $8000 first time [...]
Why is the $6500 home buyer tax credit important?
November 15, 2009 by Katie Wethman · 2 Comments
By this time, most people are aware of the extension and expansion of the $8000 first time buyer tax credit, and many even know about the new “category” of “first time buyers” who are eligible for a $6500 credit. You can read more details here. Income limits were raised (previously $75,000 AGI for a single [...]
$8000 First Time Home Buyer Extension and New $6500 “Move Up” Buyer Credit Details
November 6, 2009 by Katie Wethman · 1 Comment
It’s officially passed the House and Senate, and is now awaiting the President’s signature. Along with the extension of the $8000 First Time Buyer credit (now applies to any buyer under contract by April 30, 2010 and settling by June 30, 2010), there is now a new credit category: long-time residents of the same principal [...]
