January 2009 Podcast – Ann Arbor $7500 Buyer Credit Update from Washington
Ann Arbor Real Estate Podcast & $7500 Buyer Credit Update
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January 2009
This month’s edition covers Ann Arbor real estate market activity and then we’ll discuss recent market trends and strategies for getting the best loan possible.
The economic Stimulus Bills in the House and Senate were marked up yesterday to delete the repayment provisions of the First Time Buyer Credit! This makes it a $7,500 gift from Uncle Sam! Based on some calculations I ran yesterday, this means that using FHA financing, Uncle Sam covers the entire down payment on homes up to $215,000! The Senate bill also extends the termination date out until September, 2009. Find out more at our Buyer Seminar Feb 10th. We look forward to helping more of our first time Buyers close and take advantage of this. Please call if you have any questions. ..
Related Links
The Ann Arbor Real Estate Podcast | Click here
Visit our website to listen to previous podcasts
Loans, Mortgages and Finance Options | Click here
Do some research to find the BEST loan
Current Local Market Conditions | Click here
See what is going on in the Ann Arbor Market
Kathy Toth & Team: Ann Arbor Area Real Estate Experts
Keller Williams Realty
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January 29th, 2009 at 7:51 AM
[...] $7500Tax Credit is turning into a gift from Uncle Sam. This is a significant piece of regulation to boost the housing market, which has been signed into [...]
March 2nd, 2009 at 8:23 PM
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