…the agreement could extend the existing credit to June 30, 2010. The current credit is scheduled to expire November 30 of this year. A new credit of up to $6,500. could be available to ALL* homebuyers who have owned and lived in their current residence for a consecutive five-year period in the past eight years. The agreements additionally raised the income limits to $125,000 for single taxpayers and $250,000 for joint taxpayers…
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Consumer Confidence
The confidence of the American consumer regarding near-term and longer-term expectations rose sharply in August, following less-than-exciting data the prior two months. A more confident consumer is a key to longer-term U.S. economic performance as consumer spending still represents two-thirds of all U.S. economic [...]
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What was the movie line – We’re mad as hell and not going to take it any more*? Earlier this year the Kansas City Royals lost a game in Cleveland when a ball hit by the opposition [...]
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It is most frustrating to find the perfect place, negotiate an offer everybody’s happy with and not qualify for the needed financing. The best way to avoid frustration is to qualify for a mortgage through [...]
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Buying a house, whether your first or your fiftieth, can be an exhilarating process. A house must stand on it’s ‘own two feet’ in a marketplace that is always competing for customers. You make a house a home. [...]
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Recent unemployment and price reports have fueled inflation fear and consequently talk of new interest rate hikes by the federal reserve have surfaced in the media. Higher interests affect the economy in many ways not [...]
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To quote from the approved KCRAR (Kansas City Regional Association of Realtors) approved Residential Estate Sale Contract , an Unacceptable Condition is Any Condition identified in a written inspection report prepared by an independent qualified inspector of buyer’s [...]