Archive for November, 2009
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Updates on Federal Tax Credit Extension, Part II
A little further clarification on the Federal Tax Credit for the purchase of a home: For First Time Home Buyers Maximum price for the purchased home is $800,000. New home must be the principle residence of the buyer(s) for the next three con
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Rockrose is Blooming at The Foothills
Brookfield is proud to announce the start of construction for the first new neighborhood at our Master Planned Community "The Foothills". The new neighborhood will be known as "Rockrose" and will offer new single family homes from approximately 2,10
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HUD Does It Again! Part III
Following up on my September 18th post, we now know what HUD plans to do with the Condominium Approval Process ... or do we? On November 6, 2009, HUD issued two (2) new Mortgagee Letters, specifically 2009-46A and 2009-46B. Mortgagee Letter 2009-
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Updates on Federal Tax Credit Extension
The President did sign the bill on November 6th that extends the First Time Home Buyer Tax Credit and creates the new Move-up Home Buyer Tax Credit. The National Association of Realtors was a leading force in pushing for this legislation. They put
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The Federal Tax Credit WILL BE Extended!
The US Senate and the House of Representatives have voted on an extension of the Federal Housing Tax Credit, with a new twist! The passage of H.R. 3548 provides for an extension of the existing first-time home buyers tax credit of $8,000 AND provide
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