The following information was released by the IRS on 11/25/2009 as Tax Tip 2009-13:
If you are in the market for a new home, you may still be able to claim the First-Time Homebuyer Credit. Congress recently passed The Worker, Homeownership and Business Assistance Act Of 2009, extending the First-Time Homebuyer Credit and expanding who qualifies.
Here [...]

You may have heard that the first-time home buying tax credit was extended through April 30 next year, and that it now includes a credit for some non-first-time home buyers also.  For details on the extension and who is eligible, visit the IRS website.
This is great news if you fall into the eligible groups and [...]

I wrote about this credit’s expiration some time ago, (you can see this post for the original article) – and as anticipated, this past week Congress has opted to stretch out the expiration date for 7 months, through June 30, 2010.  Briefly, this credit provides up to $8,000 in credit for first-time homebuyers who [...]

Newspapers have reported increasing house sales during several of the last few months. Real estate industry has taken this as a sign that we are at the bottom of the housing market and that things are improving.
Some experts feel this is more of a mirage than the real bottom. Real estate prices are dependent upon [...]

Stocks and bonds are good, but real wealth comes from owning property. Or so my father always claimed. Of course, he grew up on a cotton farm where the more land you had, the more cotton you could plant and the more money you could supposedly make. But some years the price of cottonseed and equipment repair and extra hands to pick the cotton ate up all that extra money. [...]

Many financial planners – including me – will tell you that market timing is not a good idea.  But that doesn’t mean that we should all bury our heads in the sand and ignore opportunities.  It’s a fine line, but there is a difference.
One example is the current mortgage rate environment.  Look at whether it makes sense to refinance your mortgage while rates are still low.  Whether you want to lower your payment, stretch out your payments over a longer time, or let a lower rate so you can get …