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  • First Time Home Buyer Tax Credit extended & expanded

    Good news as of this afternoon 11/06/09. The President signed the bill to extend and expand the buyer credit. Now even current home owners can benefit from it. Here are the details. TAX CREDIT OVERVIEWWho Gets What? First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may ...
    Posted to Paul Dumke (Weblog) by 336112 on November 6, 2009
  • Tax Credit for Homebuyers

    Tax Credit for Homebuyers First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit.  Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to money in your hand, as opposed ...
    Posted to Paul Dumke (Weblog) by 336112 on February 18, 2009
  • Aviod Foreclosure!

    Behind on your mortgage payments? Don`t be ashamed. Many hard working Americans are facing loosing thier homes this year. So many of them had ways out, but did not seek the help of a trained professional to guide them properly. Many went to Bankruptcy Attorneys who instructed them to file a BK. This only prolonged the pain and ...
    Posted to Paul Dumke (Weblog) by 336112 on March 18, 2008
  • Refinance options

    Thinking about a cashout refinance? You may want to look into whats available today, as Fannie and Freddy continue to tighten the reins. Many options are here today and gone tomorrow, and if the trend continues, many will not be able to cashout without stellar credit and retained equity. Questions?  
    Posted to Paul Dumke (Weblog) by 336112 on March 4, 2008
  • Home Mortgage Warning

    Home Mortgage WarningHello all! This is just a quick note to warn potential borrowers about those online or mailout mortgage deals that look sooo good. In most cases the rate/fees offered suddenly change before closing because of "unforseen issues in your credit, income, or assets, or other. Typically the borrower has already paid some ...
    Posted to Paul Dumke (Weblog) by 336112 on February 15, 2008