HOPE real estate tax incentive still alive for potential buyers

The Missouri state program offers up to $1,750 in combined tax, energy efficient improvements for new homeowners. The Missouri Housing Development Commission is still offering up to a $1,250 credit in real estate tax benefits for qualified buyers through the Home Ownership Purchase Enhancement (HOPE) program. Earlier this year the commission set aside $15 million … Continued

Down payment assistance makes home ownership easier

Homebuyers can take advantage of a variety of tax credits to choose the perfect home. An array of financial assistance for home purchase is available for qualified buyers in just about every income level. Of course there’s the $8,000 tax credit for first-time buyers and $6,500 for repeat buyers, which expire on June 30, but … Continued

First Time Homebuyer Tax Credit Extended

First Time Homebuyer Tax Credit Extended Into 2010! Plus…A New Tax Credit for Certain Existing Home Owners! It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009. In addition to extending … Continued

The Right Time to Buy a Home Is Now

Passage of the American Recovery and Reinvestment Act of 2009 is a step in the right direction to help the housing market begin the recovery process. Now, it’s up to potential homebuyers to take that first step too. The $8,000 tax credit couldn’t come at a better time. Late winter and spring are the prime … Continued