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 Colorado Springs Real EstateAnnouncements
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The Truth Behind 7 Short-Sales MythsDenying fallacies and gaining expertise can help anyone to do with distressed property. READ MORE.. Latest Articles
Extended Tax Credit for MilitaryMembers of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. Thus, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2011.READ MORE... Taxpayers Seeking Homebuyer Tax Credits, Refunds Must File Paper- February 25, 2010 As reported by Realty Times, electronic filing will not be allowed for homeowners filing for the home buyer tax credit. The new filing rules are an effort to ward off a repeat of 90,000 taxpayers who fraudulently claimed the credit, according to the U.S. Treasury. All taxpayers (first-time and move-up buyers) seeking a credit or refund must use the new IRS Form 5405 and submit it with additional closing documents as listed on the Form 5405. READ MORE... Mortgage rates climb over the 5 percent mark As reported by MSNBC.com, rates for 30-year home loans rose above the 5 percent threshold for the first time in three weeks, but remained near historically low levels.READ MORE... One in Four Homeowners Are Underwater- February 25, 2010 A national research company reports that nearly 25% of home loans across the country are larger than the actual value of the home financed. Fortunately, it also found that about 50% of the homes with a mortgage still hold positive equity. Also in the article, the Amherst Securities Group cautions that over $150 billion in Option ARM mortgages - which allows borrowers to pay less each month than what is required to pay off a loan, thus increasing the mortgage balance - are set to readjust over the next two years.READ MORE... 7 ways to improve your home's sell-ability In a tough real-estate market, it’s more essential than ever that your home stand out, but in the right way.READ MORE... Money 101 – 10 things you need to know about buying a home. Some things to keep in mind when your considering buying a house.READ MORE... View More Articles... Website Resources
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