The American Recovery and Reinvestment Act of 2009 offers an $8000 tax credit for first time buyers who purchase a home on or after Jan. 1, 2009, and before Dec. 1, 2009. Unlike previous tax credits for first time buyers, this one doesn't have to be repaid.
For More Information Click Here Buying a New Home? Real Estate Agents Are Your Professional Guides. Make Sure You Choose Top Experts. You might be overwhelmed by the process of buying a home. As a Top Real Estate Agent in Bergen County and Hudson County, it's my job to guide you, from beginning to end. I will take the time to go through each and every step of the buying process. Together, I will consider: - How much you can really afford. - How to qualify for a mortgage. - How much cash you should put down. - How to buy a home with little or nothing down. - What it takes to get approved for financing. What banks and other financial institutions are looking for. - How much your payments will be. - The tax advantages of buying ** - Is renting or buying better for you? Tell me about your situation below. I'll get right back to you. I offer this service FREE, with no strings attached.  ** The American Recovery and Reinvestment Act of 2009 offers an $8000 tax credit for first time buyers who purchase a home on or after Jan. 1, 2009, and before Dec. 1, 2009. Unlike previous tax credits for first time buyers, this one doesn't have to be repaid. Again, if you're new to the home buying process, ask me questions. It's my job to help. I will respond as soon as possible and there's no obligation.
Financing Your Home >Financial Help
Escalating home prices often cause many first-time buyers to seek help from their families for the down payment on a new home. If your parents are providing financial assistance for the purchase of a home, it is important that you have very clear agreements with them about the conditions under which their help will be provided.
Sit down with your parents to discuss the details of the arrangement. Is the money they are providing a gift or a loan? If it is a gift, be sure to check with your tax expert to minimize the tax implications. If your parents are loaning the money for the down payment, how will it be paid back? Will there be joint ownership with an equity-sharing agreement? Will your parents be named on the ownership papers with you? Are special documents needed?
Whatever form it takes, parents who help their children buy a home give them an incredible gift!
|
| Q |
What five basic components of a "smart home" can be controlled by technology?
|
| A |
Lighting and window treatments, security and access control, data communication, environmental/energy management, and audio/video entertainment can all be operated by a "smart home". |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERTS™ 
