Stimulus

May 20, 2012

Bank of America Offers Up to $30,000 to Some Short Sale Sellers

Bank of America says it will provide up to $30,000 in relocation assistance to some borrowers who can't pay their mortgage. They want to work with the borrowers to obtain a preapproved short-sale price before submitting purchase offers.

To be eligible for the program and payment Short sales ...

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June 15, 2011

Need help with closing costs, Fannie Mae is offering up to 3.5% in closing cost assistance for HomePath properties

Fannie Mae's Homepath program just got better. They are offering up to 3.5% in closing cost assistance for HomePath properties beginning June 14 through October 31, 2011.

There are presently 16 homes and condos available for this program

Here are the Eligibility Details

  • Buyers and/or selling agents (the ...
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Jan. 30, 2011

FHA extends the suspension of the “anti-flipping” rule for another year.

FHA just extending the suspension of the “anti-flipping” rule for another year. This means that FHA (Federal Housing Administration) is now interested in helping low down payment borrowers, including investors who want to “fix up” foreclosures and bank owned homes, and in turn help out local communities burdened by these ...

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Dec. 14, 2010

HAFA - Help for Troubled Homeowners - Pre-Approved Short Sales

In an attempt to help people who owe more on their homes than they can sell for the U.S. government is making an effort to help homeowners who find themselves in a financial situation where they can no longer afford to pay their mortgages. The Government has initiated a ...

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July 7, 2010

There is still a Tax Credit available for First Time Homebuyers

tax-credit Yes it's true the $8000 tax credit for first-time home buyers has gone away.

But there is a little-known federal income tax credit for home buyers that can help you buy a home. It's called the Mortgage Credit Certification program MCC for short.

Mortgage Credit Certificate, is a ...

Posted in General, Mortgages, Stimulus
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March 1, 2010

Bellingham Wins $350,000 EPA Grant as Climate Showcase Community

Bellingham has just been awarded an  EPA grant as a Climate Showcase Community (CSC). The goal of the grant is to assist communities establish and implement climate change initiatives that will help reduce carbon emissions. 25 awards where given to 450 applicants.  Bellingham will use the grant funds to provide ...

Posted in General, Stimulus
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Nov. 6, 2009

The New Improved Home Buyer Tax Credit is Here

The home buyer tax credit ,which is part of a larger bill that also extends unemployment benefits. has been approved by both houses of Congress and signed by President Obama.

First-time home buyers are still eligible for tax credits of up to $8,000. Buyers will now have to sign a ...

Posted in General, Stimulus
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Oct. 30, 2009

Senate Approves $8,000 Tax Credit

The Senate has agreed to extend the popular $8,000 tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers who have owned their current homes for at least five years. The present tax credit is about to expire at the end of November.



Senators ...

Posted in General, Stimulus
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Oct. 22, 2009

What is the $8000 Tax Credit?

The $8000 first time buyer tax credit has gotten a lot of attention in recent months. If you're reading this, you probably already know that, I guess. You are obviously capable of operating a computer and navigating the internets... So, if you are curious about the $8000 tax credit ...
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Oct. 14, 2009

House Extends Tax Credit to Overseas Military for One More Year

The US House of Representatives unanimously voted to extend the $8,000 first time home buyers tax credit for an additional 12 months to anyone in the military, the Foreign Service, and employees of the intelligence community on official extended duty service  who has served overseas for three months in 2009. The ...

Posted in General, Stimulus
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