Economic Times Are Changing: How Can You Save Money In Your Home?

In regards to your home, most money-saving ideas cost money to implement. Over time, most homeowners come to accept this inevitable fact of home ownership. That being said, there are some things that are relatively inexpensive that you can do to save money. The best part of them is that the cost can be recovered very quickly, which leaves [...]

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927 Snowy Owl

Stero with surround sound in basement, alarm system, fenced yard with gate, gorgeous landscaping

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United States Senate Approves $15,000 Tax Credit For Home Buyers

If you decide to purchase a home within the next year, you will be entitled to a $15,000 tax credit, thanks to an amendment written by Georgia’s Senator Johnny Isakson. This amendment to the economic stimulus bill will be available to any home buyer within a year of it’s enactment. Homebuyers will be entitled to claim a [...]

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New Tax Credit to Watch

If you haven’t heard of the Housing and Recovery Act of 2008, listen up! It’s old news! There’s been a $7500 tax credit in place for all first time home buyers since the bill passed last year in April. It will expire in 2009. If you want some assistance getting moved in your new home, … Continue reading New Tax Credit to Watch

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Research Is Suggesting That Large Homes May Become A Thing Of The Past

Recent data is showing that homes being built today are smaller than they were in the beginning of 2008. In the third quarter of 2008 median home size was 2,090 square feet, down from 2,629 square feet in the second quarter of 2008. With housing prices dropping and the economy weakening, homeowners may be looking at homes [...]

Posted in Consumer News, First-time Homebuyer, National Association of Homebuilders | Comments closed

Be Aware That Freddie Mac Has Introduced New Fees And Has Increased Others

Since home prices have continued to fall, Freddie Mac has determined that they are at a heightened risk of many more mortgage defaults and claims.  They report that there may be even more of a housing price decrease in 2009. In light of this news they have increased several fees and added new ones. One of their new fees is a 0.75% fee [...]

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