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Take advantage of $8K tax credit before it’s gone - Jul 30, 2009
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July 30, 2009
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Take advantage of $8K tax credit before it’s gone

Time is winding down to take advantage of the $8K first-time home buyer tax credit. If you’re looking to buying your first home, you must be signed, sealed and delivered with escrow closed by November 30th! It generally takes 45-60 days to close a transaction, and if you are considering a short sale, the process will take even longer. So get to it!

Find everything you need to know on Trulia Voices – from the basic requirements to how it works.

Basics on $8K tax credit: Who, what, expiration?
4 Months Left to Get $8K Home Buyer Tax Credit
Written by Dream Town Realty, Broker in Chicago, IL
The $8,000 first-time buyer tax credit program ends in just four short months. That means buyers need to be CLOSED on their homes by NOVEMBER 30th in order to receive the tax break. What is the home buyer tax credit? It is a tax refund for 10% of…
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$8,000 tax credit : 6 things you need to know
$8,000 tax credit – available as a down payment – 6 things you need to know
Written by Carl Medford, Agent in Fremont, CA
While I normally refrain from cutting and pasting news into this post, the following news update from the National Association of Realtors “Realtor Magazine”, May 12, 2009, deserves to be posted in its entirety… Here are my thoughts: 1. On the surface, COOL. REALLY GOOD NEWS...
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What do you think - should the credit be extended? 
Q: Should the $8,000 federal tax credit be extended?
Asked by Heather Fernandez, Home Buyer in San Francisco, CA
There is currently a lot of political bickering about whether or not the tax credit should be extended beyond the current Nov 30 deadline, if it should be granted to all home buyers (not just first-timers) and if the amount of the credit should be increased. What do you think?
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See what others are saying about the $8K tax credit.
  
House of the week | Celebrity mansion in Sherborn, MA?
House of the week
$7,900,000 / 5bd / 6ba / 9,562 sqft
A long private driveway adds a bit of suspense to this home. Rumored to be a potential celebrity mansion – this nouvelle arts home is loaded with extensive detailing and the highest quality craftsmanship. When not busy entertaining guests in the billiard room, enjoy some quality self reflection in the meditation room or while looking at your view of the Farm Pond. Did we mention the detached guest house?
Learn how to protect your home from the wind
 
Celebrity home sightings | Get your superficial fix here

Karl Rove, former Bush II advisor, is selling his Washingtonian abode, complete with a fully stocked library and patio
$1,585,000
5bd / 4ba / 4,529 sqft

Pop culture icon Cher has re-listed her Italian Renaissance-style Malibu mansion which overlooks the Pacific Ocean
$41,000,000
7bd / 9ba / 13,126 sqft

Actor Justin Long, with his thick eyebrows and friendly smile, has once again listed his private oasis 
$1,245,000
2bd / 2ba / 1,334sqft
Advice & opinions | Get insightful, fast, FREE advice on home buying & selling
Question of the week

Q: Short sale dilemma… who can help?
I’m looking for a good Samaritan who is willing to offer me some free advice on how to proceed on a short sale issue…
Asked by Jack, Home Buyer in Elk Grove, CA
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Real estate eye candy | Trulia picks
What would you do with three bedrooms?

With three bedrooms, there's plenty of space for the kids, guests and maybe even that meditation room you've secretly always wanted. And it doesn’t stop there. The perks get even sweeter with these three homes - hang out in the gourmet kitchen, solar heated pool or hot tub. Check them out!

Plano, TX
$360,000
3bd / 2.5ba / 3,408 sqft
Calculate mortgage

Sarasota, FL
$326,900
3bd / 2ba / 2,250 sqft
Calculate mortgage

Cincinnati, OH
$229,000
3bd / 3.5ba / 2,216 sqft
Calculate mortgage
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