From the monthly archives: June 2010
Looks like parts of the Senate are still trying to extend the deadline for the home buyer tax credit closing date by attaching it to the unemployment benefits bill affecting hundreds of thousands of laid-off Americans
[ July 1, 2010; 6:30 pm to 8:00 pm. ] Many homeowners in today’s market find themselves upside-down in their homes. For some, a short sale is the solution, but there are many questions a homeowner should ask – and get the answers to – before entering a short sale agreement: How does a short sale differ from a foreclosure? How does a short sale impact my credit standing? Is there a waiting period before I can purchase my new home?
[ August 3, 2010; 4:00 pm to 10:00 pm. ] This year’s Night To Unite in Burnsville takes place on Tuesday, August 3rd. Neighborhoods are encouraged to take this time to meet and socialize with their neighbors.
There has been a lot of talk about whether or not the government will extend the tax credit closing deadline beyond June 30, 2010.
Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments on home purchases and refinancings.
Mortgage company Freddie Mac said today that the average rate for 30-year fixed loans sank to 4.69 percent, from 4.75 percent last week.
A report from CoreLogic, showed home prices in the U.S. increased by 2.6 percent in April, the second consecutive monthly increase; and noted home prices also increased on a year-over-year basis.
I told this woman (we’ll call her Elna) that she could possibly qualify for a low fixed mortgage interest rate of 4.75%, and receive up to $15,000.00 in down payment and closing cost assistance using Dakota County Bond
The Senate on Wednesday approved a three-month extension, giving buyers until Sept. 30 to close, but it’s attached to another bill that still has to be passed by the House.
The extension would apply only to buyers that met the April 30 deadline to have signed purchase contracts in hand.
The tax credit is worth up to $6,500 for repeat buyers and up to $8,000 for first-time buyers.
I’m going to say it again, because its important to hear. THERE IS STILL MONEY AVAILABLE TO HELP YOU GET INTO YOUR FIRST HOME! I can’t stress this enough, there are programs available to help you get down payment and closing cost assistance. Actually, lots of programs! Lets take a look at the information for first time homebuyers looking to purchase real estate in Dakota County:
The City of Savage, Minnesota was recently ranked one of the Top 10 Best Affordable U.S. Suburbs by MSN.com. Savage, located in Scott County, just south of Minneapolis is a great town located in the heart of the Twin Cities southern suburbs. Below is an excerpt
Watch this video for information on the upcoming First Time Home Buyer Class
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