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 N Quincy [...]
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 and [...]
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 home [...]
$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 [...]
Northern VA and Washington, DC, Market Update – October 2009
October 30, 2009 by Katie Wethman · 5 Comments
NOTE> See updates to this post and final details on the first time home buyer credit here.
Breaking news about the first time buyer credit! According to MSNBC, CNN and other sources, senate leaders have reached a tentative deal to extend and expand the $8000 home buyer tax credit. First timers will continue to qualify [...]
First Time Home Buyer Class – Scheduled in Arlington
September 1, 2009 by Katie Wethman · 2 Comments
Are you one of the estimated 53% of buyers in 2009 who will be buying for the first time?
Then register for a free first time home buyer seminar at Arlington Central Library – see www.newhomebuyerclass.com for dates and more info.. As with our other classes, there is absolutely no cost or obligation to [...]
FHA to Allow $8000 Tax Credit to be Used as Downpayment
May 14, 2009 by Katie Wethman · 1 Comment
Update 5/29: HUD reversed course today on its initial plan to allow homebuyers to use the $8000 credit towards a downpayment. Instead, the credit may be “purchased” by FHA approved lenders (and credited at closing), to pay for additional closing costs. While this decision may be helpful, it won’t [...]
First Time Home Buyer Class – Scheduled in Arlington
December 1, 2008 by Katie Wethman · Leave a Comment
Note> For the most recent schedule of dates for 2008 and 2009, please visit the First Time Home Buyer class page at my website. Classes will be held in Montgomery County, DC, Arlington, and elsewhere in Northern Virginia.
The first classes of 2009 are now scheduled at Arlington County Library. As in the past, there [...]
