The Federal Tax Credits Blog

Posts Tagged ‘velux skylight tax credit certification’

Question: What should i pay for my house?

I am considering buying the home that I have been renting. He wants $60,000 for the home. It is a 3-2 manufactured home built in 2000. The tax value of the home is $32,000. He wants to give me no credit for the rent that I have paid, nor the deposits that I paid before mving in. He wants $8,500 down with payments of $696 per month. The house has 2 skylights that leak, the master bath tub leaks, the sliding glass door leaks, and there is a leak in the laundry room. The floor by the sliding glass door needs to be replaced. Three months ago he offered us the house at $55,000, $7500 down and $549 per month. Should we take the offer as the first offer is off the table.

Answer: The real estate market is coming back and deals will be harder to find. Get an independent appraisal for the property and a building inspection. Offer him $60k or 80% of the appraised price(whichever is lower) on the condition he fixes all the problems before you sign.

Jason Alderman: When Does Home Remodeling Make Financial Sense?

My wife and I survived two major home remodeling projects and we’ve got the battle scars to prove it. Like most people feeling cramped for…

Recovery: Home Energy Credit (ASL, Captions & Voice Over) – June 09