| 15 November 2009
With all the talk about tax credits in the news, David and Heath talk extensively about the ins and outs of the extension and expansion of the home-buyer tax-credit. Some of the topics Heath and David covered include: Who qualifies under the newly extended tax-credit? Can you buy from a family-member? How much income can you make and still qualify?
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The current first-time home-buyer was set to expire on November 30,2009. However it was recently extended and now many existing home owners can take advantage of a $6500 tax-credit. Listen in to learn everything you need to know about this great opportunity for new and existing home-buyers.
RELEVANT LINKS:
WSJ: The Lowdown on Home-Buyer Tax Credits
Homebuyer Tax Credit for Individuals on Qualified Extended Duty Service
General Rules/How Does a Tax-Credit Work?
In the second half of the show, we played a portion of one of our most popular Family Money Essential Series: All About Buying a Home. (Not Yet released on our website)
Now that you are armed with the information you need to know regarding the home-buyer tax-credit, listen in as Heath and David talk about the home buying process.
Some of the topics covered in this portion of the show include:
Heath and David provide a detaiiled explanation on these topcis:
- What are the types of financing aviailable in today's mortgage market?
- What causes interest rates on home loans to go up or down?
- What you need to know when shopping for the best deal on your home loan.
- The importance of using a qualified Real Estate professional.
- Home Inspections and Appraisals
- And much more!!!!
