First time home buyers: time running out on 2009 credit

(ARA) – Are you considering taking the plunge and buying your first home? If so, you’re not alone. Across the country, owning a home still represents the American dream for many and the opportunity to buy your first home couldn’t be better.
Declining home prices, increasing numbers [...]

(ARA) – Homeownership and green improvements will be more affordable for more Americans in 2009, thanks to several provisions in the American Recovery and Reinvestment Act. The changes will put more money in taxpayers’ pockets and allow homeowners to save thousands of dollars over the next several years.
The First-time Homebuyer Credit has been extended and [...]

(ARA) – Smaller is apparently better in the minds of many homebuyers looking for the right deal in the prolonged decline of the housing market.
What’s more, it looks like simple is better too, as more homeowners are focusing on simpler exterior elements with an emphasis on durability and sustainability, according to the American Institute of [...]

(ARA) – With the revised first-time homebuyer federal income tax credit currently in effect, now is the perfect time to consider making that big purchase, your first home.
“Buying a home is one of the biggest financial commitments a person can make, but first-time homebuyers and qualified return buyers are in an ideal position to take [...]

(ARA) – As temperatures heat up, so does the housing market. “For Sale” signs adorn lawns across the country.
But given the current economy, does this mean that it’s a good time to buy for first-time homebuyers? For Eric Wright, assistant director of admissions at Brown Mackie College – Louisville, who has more than 12 years [...]

(ARA) – You found your dream deal on a foreclosed home, but will that great price tag come with a different kind of higher cost? Buying a repossessed property, short sale or a home offered at a bargain price — because of its condition — can mean you’re assuming much higher risks.
Repossessed and short sale [...]

(ARA) – Motivated sellers, builders offering deep discounts and incentives, historically low mortgage rates, plenty of inventory and fierce competition for qualified borrowers –it’s actually a great time to be buying a house. If your credit score is good, you’re in an even better position to negotiate the loan on the home of your dreams [...]

Millions of homeowners are, or soon will be, facing significantly higher mortgage payments as more than $140 billion in adjustable rate mortgages reset throughout the remainder of 2007. Another $380 billion are scheduled to reset higher in 2008.
In times past, many of these consumers simply would have refinanced their mortgage. But many are now finding [...]