The Federal Tax Credits Blog

Posts Tagged ‘bridge-loan’

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Ways to Wealth: Some in the military still may qualify for big home buyer credit

There is still time to take advantage of this wonderful tax rebate.

The Mortgage Encyclopedia: The Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls, Second Edition $13.66 The bestselling one-stop guide to mortgages—updated for the post–housing crisis market! The Mortgage Encyclopedia demystifies all the various mortgage terms, features, and options by offering clear, precise explanations. Fully updated to address the new realities introduced by the housing crisis of 2007, The Mortgage Encyclopedia provides not just a complete description, but als…

Get Your $8000 Homebuyer Tax Credit NOW $9.95 Are You Deadlocked? Can’t get the cash together to buy a house? Can’t buy a house until you get your $8000 tax credit? Many people are in this Catch-22. Help has arrived! Just in the nick of time Bob Longoria, a real estate dealmaker for 40 years, will help you put your deal together in the order it will work for you. Bob shows you how to get the cash flowing to buy your house! Access assets you d…

Question: Where do I find a lender that will do a bridge loan so I can use the home buyer tax credit upfront?

The US Dept of Housing and Urban Development is allowing FHA-approved lenders to develop bridge loan products that would enable a first time home buyer like me to use the home buyer tax credit upfront to cover closing costs. However, I have yet to find a lender that is participating in this.
Please be sure to proofread your answers before submitting them. It is always hard for me to understand what you are trying to say if it is full of bad grammar.

Answer: Many lenders are working on it. Most do not have their systems ready to make use of the program yet.

Clairvest Reports Fiscal 2011 First Quarter Results

TORONTO, ONTARIO–(Marketwire – 08/10/10) – Clairvest Group Inc. (TSX: CVG – News ) today reported results for the quarter ended June 30, 2010. (All figures are in Canadian dollars unless otherwise stated). Clairvest’s book value was at $291.6 million or $18.28 per share, at June 30, 2010, compared with $18.32 per share at March 31, 2010. The decrease in book value per share was attributable to …

The Mortgage Encyclopedia: The Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls, Second Edition $13.66 The bestselling one-stop guide to mortgages—updated for the post–housing crisis market! The Mortgage Encyclopedia demystifies all the various mortgage terms, features, and options by offering clear, precise explanations. Fully updated to address the new realities introduced by the housing crisis of 2007, The Mortgage Encyclopedia provides not just a complete description, but als…

Get Your $8000 Homebuyer Tax Credit NOW $9.95 Are You Deadlocked? Can’t get the cash together to buy a house? Can’t buy a house until you get your $8000 tax credit? Many people are in this Catch-22. Help has arrived! Just in the nick of time Bob Longoria, a real estate dealmaker for 40 years, will help you put your deal together in the order it will work for you. Bob shows you how to get the cash flowing to buy your house! Access assets you d…

BRIDGE LOANS BRIDGING THE GAP REAL ESTATE BRIDGE