The question that always comes up at the settlement table or a few weeks after closing is, “What are the tax benefits that I get now for owning a home?” As much as I would like to help my clients out and provide top notch service, I am not a bona fide tax professional. I [...]
Read More ...Category: First Time Home Buyers
Buying a home can be an intimidating experience if you are not well prepared. Your Realtor® should supply you with the knowledge you need to be comfortable in every situation. Here are 5 common and costly mistakes that the uninformed buyer make: Ignoring their Credit Score: Lower score borrowers pay thousands of dollars in increased [...]
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All of you new homeowners in Arlington, VA out there that took advantage of the first-time homebuyer tax credit are probably wondering what is needed to claim the tax credit. I hope your Realtor® has informed you as they should have. There is no reason for you to struggle for that information. If you haven’t [...]
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Time is running out for those that want to take advantage of the first-time homebuyer tax credit. Most of you buyer’s out there just know that there’s $8,000 involved. Well here is the [taxcred] fine print that you may not seen. Not saying that the credit isn’t good, just giving you the “other” info that no one else has.
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