New law shifts association fees from homeowner to renter PONTE VEDRA BEACH, Fla. – July 19, 2010 – Under a new Florida law, homeowner association boards can go after renters for association fees when the homeowners fail to pay up. The law has been attracting attention in Ponte Vedra Beach and elsewhere in the Beaches […]
Suprise Drop In New Home Sales
Sales of newly constructed homes fell 3.6% in September, after five months of gains, according to a government report. NEW YORK (CNNMoney.com) — Sales of newly built homes fell unexpectedly in September after rising for five straight months, according to government figures released Wednesday. The Commerce Department said new home sales fell 3.6% to a […]
Questions & Answers The Home Buyer Tax Credit Extension
The Obama administration blessed the proposed extension of the $8,000 tax credit for first-time home buyers on Thursday as the Senate neared a compromise that would extend the credit to more potential buyers. Here’s a primer on who might be able to get the expanded credit, and what it might do for the housing market: […]
Changes For The First Time Home Buyers Tax Credit 11-5-2009
Senate leaders released more details about their compromise on the home buyer tax credit today. Among other things, the deal would give the IRS more authority to spot cheaters in advance and set an $800,000 price limit on all homes eligible for the credit. The existing $8,000 tax credit for first-time home buyers (meaning those […]
First Time Home Buyer Tax Credit Has Been Extended
A new Senate proposal will offer a first time home buyer tax credit extension to homes under contract by April 30, 2010. The former deadline was November 30, 2009. The home buyer tax credit will also be offered to people who have lived in the same home for five years, according to the proposal, which […]