Tweet Winter Haven First-Time Homebuyers interested in receiving their $8,000 from the US Government should be on the lookout for form 5405, better known as the First-Time Homebuyer Credit Form. As is often the case with tax-related paperwork, this tax credit form contains a mere 10 fields yet is accompanied by 3 pages of instructions….
Tag Archive: Winter Haven FL
Owning vs. Renting Your Winter Haven, Florida Home: What are the Real Costs?
TweetA commonly repeated statement among real estate and mortgage professionals here in Winter Haven and elsewhere is that — before a true housing recovery can begin — the cost of financing a home versus renting one must return to historical levels. If this is true, then hold on to your hats, folks – as…
The $8,000 Tax Credit – What Winter Haven, Florida Homebuyers Need to Know
TweetI’ve received a lot of questions about the recent stimulus package and the $8,000 “First-Time Home Buyer” tax credit that is part of it. There are many scenarios and questions about who does and who does not qualify… and even the term “First-time home buyer” is not entirely correct! Here are some of…
How The Stimulus Bill Indirectly Lowered Winter Haven Mortgage Rates
TweetPresident Obama signed the American Recovery and Reinvestment Act of 2009 into law Tuesday in Denver, Colorado – and stock markets fell near their November 2008 lows. In case you’re still wondering… the two moves are related. With each new stimulus; with each potential jumpstart of the economy, Wall Street questions whether the federal push…
Winter Haven, Florida Weekly Mortgage Update: February 17, 2009
TweetWinter Haven mortgage rates improved last week as the entire country waited with anticipation for a strong, government-led stimulus plan. Unfortunately, things turned south with equal speed as the stimulus package’s efforts fell short of expectations. Neither Uncle Ben Bernanke, nor Mr. Geithner, nor Congress gave markets what they wanted. Between Monday and…
Winter Haven Florida Housing Report for January 2009
TweetHousing prices continue to fall throughout the Polk County region, and Winter Haven’s January stats show this to be the case for our town as well. Average sold prices have decreased to $114,306 ($68.30 per sq.ft.) a decline of 10% from the previous month and a sharp drop of 30% for the month of…
Stimulus Package Gives Winter Haven Home Buyers and Homeowners a Boost
TweetNow that Congress has come to an agreement on the $789 billion stimulus package , and President Obama is set to sign in into law – current Winter Haven, Florida home buyers and homeowners should pay special attention to what the new law has in store. The package contains two benefits related to housing. The…
Weekly Winter Haven Mortgage Rate Report: February 9, 2009
TweetLast week we learned that the US employment outlook continues to look even bleaker than we’d feared. However, despite the bad news, there were a few signs of life regarding the economy here in Winter Haven, Florida and across the nation. However, the pulse of our economy remains lower than we’d like, and in…
Weekly Winter Haven Mortgage Rate Report: February 2, 2009
TweetHi folks, Kevin Sandridge here with your Weekly Mortgage Report. The initial outlook for this week is a bit stormy for the housing market here in Winter Haven, Florida and across the nation. Consumer confidence tanked to an all-time low last week, and 100,000 American workers were handed pink-slips, each playing a role in adding…
Winter Haven Mortgage Rates Climb Higher – Is China to Blame?
Winter Haven, Florida mortgage rates may climb higher thanks to Geithner’s statement that China may be manipulating its currency.
