So you are looking at buying a house and taking on a mortgage? Well, then we are in the same boat. I love looking at all the wondrous mortgage calculators that are available on the internet. Saves me quite a bit of time of trying to create my own amortization schedule, not that it is…
Category Archives: Mortgages
Should You Sell Your House in This Market?
During the process of hunting for our first house, I got to thinking about the difficult position many Americans are in with the declining value of their homes. In ways, it seems to be a great time to purchase a home if you have the ability to qualify for a loan. Then it hits me,…
Details Scarce on Compromised Homebuyers Credit
When I came home from work tonight I thought about the post I intended to write, about the new details regarding the homebuyers tax credit after the Senate and House of Representatives agreed to a common stimulus package.Unfortunately, the text of this compromise is not available to the public. Instead, I will take a second…
Opinion: Realtors the Biggest Benefactor of $15,000 Homebuyer Tax Credit
I’ve posted two articles so far on the proposed $15,000 Homebuyer Tax Credit: The first outlines my initial discoveries… My second outlines my deep digging… A lot of posts around the web have talked about how the credit will get home purchases moving again, which it will. What they don’t say, however, is the net…
Opinion: $15,000 Homebuyer Tax Credit is Too Good to be True
As a potential new, first-time homebuyer I have taken great interest in the proposals included in the proposed stimulus package – in particular as it relates to incentives to purchase homes. After spending a great deal of time reviewing the proposed $15,000 Homebuyer Tax Credit I have reached the conclusion that it is NOT really…
