UPDATED – November 7th, 2009 **It is LAW – signed by Obama on Friday**! The Florida First-Time Home buyer Tax Credit may soon be known as the Home Buyer Tax Credit… being opened to non-first time buyers for the first time. As you have likely already read on My FHA Mortgage Blog – the Florida [...]

Andrea Tlumacki was one of the “action takers”.  With the deadline of the $8000 First Time Home Buyer Tax Credit looming – it is important to have a game plan.  Many folks are focused on the Nov. 30th deadline.  Okay… but many are not “reverse-engineering” the calendar in order to determine milestones that one needs [...]

As covered on Fox 35 News: Email Chris your questions now. The government’s $8000 First-Time Home Buyer Tax Credit available for Lake Mary Real Estate expires Nov. 30 — a short sixty-ish days from now. When you consider that in the “New World” of Lake Mary Real Estate financing, closings can take up to 45-60 [...]

If you plan to use Orlando’s First-Time Home Buyer Tax Credit program, time is running out.  The program expires November 30, 2009 and closing on a home can take 45 – 60 days. That leaves you less than 100 days from today to find a home and go under contract. The $8000 First-Time Homebuyer Tax Credit [...]

Orlando Mortgage rates are suffering through another volatile week, causing problems for mortgage rate shoppers and Orlando home buyers. After falling Monday and Tuesday, mortgage rates surged Wednesday and Thursday.  The momentum higher appears to be carrying into the weekend, too. There are several data-related reasons for the mortgage market’s spastic activity this week: Unemployment [...]

FHA plan will stimulate new Orlando home sales and help stabilize Orlando housing market Today, while speaking to the National Association of Home Builders, U.S. Housing and Urban Development [HUD], Secretary Shaun Donovan announced that the Federal Housing Administration (FHA) will indeed allow homebuyers to apply the $8,000 first-time homebuyer tax credit toward the purchase [...]

The country’s, including Orlando, mortgage rates rose by 0.625 percent yesterday [Wednesday] – Ouch! Yes, you read it right. Zero-point-six-two-five percent. The surprise surge in pricing started shortly after 1:00 P.M. ET, then continued all the way until the market’s closing. It was the sharpest one-day surge in mortgage rates in recent history. Perhaps ever. [...]

  A revolution’s time is realized when considerable change benefits the masses. If there is any question if the time is right for a mortgage revolution, then you haven’t been paying attention.   There has been a lot of speculation and even more commentary on how we have landed in the predicament we find ourselves [...]

Being an FHA licensed Longwood mortgage company, we at Trinity Mortgage feel honored to offer our First-Time Home Buyers with Longwood Government-backed FHA programs that can truly provide for the American Dream of home ownership. With low down payment requirements, competitive mortgage interest rates, flexible credit history guidelines, and common sense underwriting practices, FHA mortgage [...]

Phew – I am sure glad the last blog-post subject line had a question mark in it! Guess what disappeared… the mortgagee letter that was on HUDs website about this ability to “use the $8000 First Time Home Buyer Tax Credit” – yeah… its gone! As of today you can not use the tax credit [...]