First Time Homebuyer- The $8,000 First Time Homebuyer Tax Credit from the U.S. Government has been extended! But before you wait too long- this tax credit is scheduled to go away April 30, 2010- so time is of the essence in getting pre-approved for your financing, being referred to a Realtor, and finding your new home. Rates are also near record lows and so are home prices- if you are not a homeowner right now you should call right away to take advantage of this unique opportunity. You do not ever have to repay this First Time Homebuyer Tax Credit- and you can use it for whatever you like (home improvements, savings, furniture, paying off existing debt, etc.).
Move Up Buyer- Congress approved an addition to the First Time Homebuyer Tax Credit with this most recent extension and now allows up to $6500 in a tax credit for those who buy and close on a home of higher value than what they currently or recently have owned. Time is also of the essence for this program as it is also scheduled to expire April 30th. If you are looking to sell your existing home- call the Bill Oliver’ team and they will arrange for a complimentary property valuation analysis and professional counseling on the listing of the sale of your home. Due to the First Time Homebuyer Tax Credit mentioned above- there is good demand for buyers of homes on the lower end- which might still allow you to sell your home if you price it properly.
Refinancing opportunities still exist. If you have an adjustable rate mortgage or a fixed rate mortgage with over a 6% interest rate- you should immediately complete the attached Mortgage Fitness Check Up for a complimentary analysis to see can save you money. In many instances, by structuring the loan properly, may even be able to help you skip up to two monthly payments to recover your closing costs.
Cash Out or Debt Consolidation loans- If you have consumer debt that is not secured by your home and have equity in your home- you should complete a Mortgage Fitness Check Up to see if a debt consolidation or cash out loan would provide you financial benefits. Basically, if we have debt- we want to have it against our home so that it is tax deductible. Generally, home loans are also at much lower interest rates and more favorable payments. You may also want to consider a cash out refinance for home improvements.
Columbia SC VA Mortgage Loans, Columbia SC – Bill Oliver, a VA Loan Specialist. Cendera Funding is ready to serve your mortgage needs in Columbia, Forest Acres, Lexington, West Columbia, and Irmo South Carolina. Our experienced loan officers have all the right tools to make sure that you get the right mortgage loan for your short and long term financial needs. We strive to exceed your expectations on every transaction. (803) 719-5072 or (803) 454-3418
Columbia SC Mortgage Loans FREE REPORTS when looking for Mortgage Loan. 7 Things You Should NOT Do When Applying For A Home Loan, Top Questions You Must Ask Before Applying for a Mortgage How to Finally Stop Renting And Own A Home Of Your Own, Important Terms You Must Know Before Obtaining A Mortgage, Checklist of Items Lenders Need To Approve Your Loan Application, 12 Secrets To Lowering Your Homeowner Insurance Cost Your Agent Doesn’t Want You To Know, Money & Time Saving Tips For Successful Move, Tested and Proven Strategies For Building A Better Credit Record Faster and Easier, 3 Quick Tips For Repairing Your Credit Report, and The Dangers of Identity Theft and How to Protect Yourself! as well as VA Eligibility Requirements, and VA Rates.
