Our team has been working diligently to provide you, our faithful readers, and our buyer clients with helpful information regarding the first time home buyer tax credit. Remember, it was extended from a few months ago and now expires at the end of April! (Note: Under the new law, an...
Buyers
To Rent Or To Buy? That Is The Question.
Many first time home buyers — and even some folks who have owned in the past and are currently renting — are just unsure about whether or not they should purchase a home. It is important to weigh your options before purchasing because it is likely the largest purchase you...
How Much Money Do You Need To Purchase A House?
When first time home buyers begin thinking about purchasing a home, their first thought is usually, “Can I afford it?” or “Do I have enough money?” These are valid questions, and do need to be answered before you begin your home search. The first step in the process of purchasing...
How To Claim Your Home Buyer Tax Credit
Tax season is here, and will be gone before we know it! If you used the first time home buyer tax credit in 2009, or are thinking about claiming the extended tax credit this year, you’ll want IRS Form 5405. For a full set...
Rehab That House With The FHA 203(k) Loan Program
The Federal Housing Administration (FHA) has a loan program for rehabilitating homes and communities called the 203(k) Loan Program. Better known as a “Rehab Loan.” This program is meant to encourage new home ownership, rehabilitation of neighborhoods, and communities. One advantage of this program is that “buyers can focus on...
Neighborhoods Near James Madison University (JMU)
James Madison University (JMU) is a large — and positive — factor in the economy of Harrisonburg and the surrounding area. JMU currently offers 68 undergraduate degree programs, 30 master’s programs, approximately 18,000 students, and a land mass of 696 acres of campus with 108 buildings. Many students live off...