federal housing tax credit

...included in the Housing and Economic Recovery Act

The Federal Housing Tax Credit is for first-time home buyers (and anyone who hasn't owned a home for 3 years) and will provide a $7,500 tax credit for those individuals earning up to $75,000 or married couples with a combined income of up to $150,000 per year.

Housing and Economic Recovery Act

Information posted on Senator Chris Dodd's Website

Here's a link to a summary of the Housing and Economic Recovery Act legislation (pdf format)

The Mortgage Relief Fund

Five banks in New England have joined together to help eligible homeowners throughout New England to refinance their home loans into fixed rate loans. The banks include:

Citizens Bank, Sovereign Bank, TD Banknorth, Webster Bank and Bank of America

Combined, the banks have committed $125 million in funds to create the Mortgage Relief Fund. Click here for their Web site and details on eligibility and the program.

Having trouble making your mortgage payments? Here's an excellent organization that may be able to help via their free counseling services...

Homeownership Preservation Foundation

1-888-995-HOPE
(24 hrs. per day / 7 days per week)

Short Sale (an option to possibly forego foreclosure)

The Skinny on the Short Sale

The Skinny on the Short Sale (pg 2)

Video Real Estate Weekly News Update

Real Estate Update

National News

Real Estate Outlook - Prices stabilize.<Be sure to visit weekly for the latest real estate outlook topics of interest.>

Washington Report: What if Fannie and Freddie Need Capital Infusions? <Be sure to visit weekly for the latest Washington Report being discussed>

Investor Report: Investment Affordability <Be sure to visit weekly for the latest real estate Investor Report!>

Real Estate Outlook: Pending Sales Jump <Be sure to visit weekly for the latest real estate outlook and real estate-related questions & answers.>

Investor Report: Hidden Tax Pitfall. <Be sure to visit weekly for the latest real estate outlook topics of interest.>

Mortgage Advice

Mortgage Moment: When To Cancel Property Insurance.<Be sure to visit weekly for the latest real estate mortgage topics of interest.>

Mortgage Moment: Family Originated Mortgages. <Be sure to visit weekly for the latest mortgage news and helpful tips being discussed>

Mortgage Moment: Paying Your Mortgage Online. <Be sure to visit weekly for the latest mortgage news and helpful tips being discussed>

Foreclosure Relief Comes To Washington. <Be sure to visit weekly for the latest foreclosure news and helpful tips that may help you avoid foreclosure.>

Mortgage Moment: Negative Amortization. <Be sure to visit weekly for the latest mortgage news and helpful tips being discussed>

Real Estate Q&A

Ask Realty Times: Easement by Prescription <Be sure to visit weekly for the latest real estate questions & answers.>

Ask Realty Times: Appraisals.<Be sure to visit weekly for the latest real estate questions & answers.>

Ask Realty Times: What is an ARM? <Be sure to visit weekly for the latest real estate questions & answers.>

What are "PFC" and "POC"? <Be sure to visit weekly for the latest real estate questions & answers.>

Where Can I Find a New Mortgage? <Be sure to visit weekly for the latest real estate questions & answers.>

Video Real Estate Weekly News Update

Real Estate Newsletter & Daily News

Daily Real Estate News

Real Estate Monthly Newsletter &
Daily News

MichaelConkeyREALTOR.com

Video Real Estate Weekly News Update

Here are some examples of real estate topics that have been covered over the past months:

Top 10 Tax Breaks, On The House Battle of the Warring

Housing Price Indexes Smoothing The Rough Road To

Refinancing Going Green: Easier Than You May Think

Understanding How Federal Reserve Rate Cuts Work

A Buyers Market. So, When Are You Going to Buy?

Don't Let Home Heating Wear Out Your Wallet

Safeguarding Your Mortgage Application Takes Commonsense

Important Facts That Will Affect Real Estate Pricing Over The Next 20+ Years

New ID Theft Study Points to Strangers

Pricing as Much Art as Science

Could Your Closets Be Turning Off Buyers?

Back To Basic Home Buying Skills

Nailing Down Housing Costs

It's A Good Time For A Home Inspection...

Daily Real Estate News

CTRealEstateService.com

MichaelConkeyREALTOR.com

mikeconkey.MLSpulse.com

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