Did You Know: Police Officers, Firefighters, EMT’s and Teachers are able to purchase HUD Good Neighbor homes for a discount of 50% off list?
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Welcome! You’ve come to the right place for your weekly list of HUD “GNND” homes.
Skip the frustrating search engines. Here at IAmAGoodNeighbor.com, only the homes that are within the immediate D/FW [...]
IAmAGoodNeighbor.com is produced by Ashley Myers, a Realtor with Manning & Company brokerage.
Manning & Company is a full service residential brokerage specializing in REO.
Established in 1995, M&C is dedicated to providing complete services for Buyers, Sellers and Institutional resellers and offers a full range of services in buying or selling your home, condominium or investment [...]
If you’ve given the thought of purchasing a home any consideration, you probably know a little something or have at least heard of the First Time Buyer Tax Credit. The Worker, Homeownership, and Business Assistance Act of 2009 extended the tax credit of up to $8,000 for qualified first time buyers as well as authorized a tax [...]
The 203-K loan program is dedicated to the pursuance of home ownership and improving communities. If you’ve given some consideration to opening your search to homes that need a little bit of TLC, this could be the loan program for you!
Offered by many Lenders, this loan type is especially helpful for those that are considering [...]
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Welcome! You’ve come to the right place for your weekly list of HUD “GNND” homes.
Skip the frustrating search engines. Here at IAmAGoodNeighbor.com, only the homes that are within the immediate D/FW Metroplex are listed weekly. No searching, no hassle.
Use the links at the Right for this weeks available Good Neighbor Next Door homes.
IAmAGoodNeighbor.com is produced by Ashley Myers, a Realtor with Manning & Company brokerage.
Manning & Company is a full service residential brokerage specializing in REO.
Established in 1995, M&C is dedicated to providing complete services for Buyers, Sellers and Institutional resellers and offers a full range of services in buying or selling your home, condominium or investment property. As a small boutique firm, we cater to individuals and their specific home needs.
If you’ve given the thought of purchasing a home any consideration, you probably know a little something or have at least heard of the First Time Buyer Tax Credit. The Worker, Homeownership, and Business Assistance Act of 2009 extended the tax credit of up to $8,000 for qualified first time buyers as well as authorized a tax credit of $6,500 for repeat home buyers.
Here are some things to be aware of:
First Time Buyers:
Repeat Buyers:
In both cases, the homes cannot be priced above $800,000.
Tax credit is offered to singles whose adjusted gross income is not more than $125,000 and married couples with adjusted gross income of not more than $225,000. Tax credit phases out at those amounts and is not available for singles whose income is above $145,000 and couples whose income is above $245,000.
Military Personnel:
Members of the Military, U.S. foreign service, and employees of the Intelligence Community have an extra year to take of the tax credit. If on a period of official extended duty, the deadlines extend to April 30, 2011 and June 30th, 2011.
With the extension, you have plenty of opportunity to begin your search for the perfect home. But why wait?! Get started in your search today by contacting me for more information and assistance in finding the perfect home for you. Bottom line? Rates are low, houses are cheap and you’re getting a tax credit.
Note: Guidelines of the Good Neighbor Next Door program supersede Tax Credit eligibility. Claim your piece of home ownership and beat the deadline to take advantage of this extension. Click to visit the Federal Housing Tax Credit Website brought to you by the National Association of Home Builders.
The 203-K loan program is dedicated to the pursuance of home ownership and improving communities. If you’ve given some consideration to opening your search to homes that need a little bit of TLC, this could be the loan program for you!
Offered by many Lenders, this loan type is especially helpful for those that are considering a Good Neighbor Next Door Home. With many of the homes offered through the Program, rehabilitation and upgrade expenses can be costly.
As with other FHA loan programs, the 203-K Loan allows for:
But many things set the FHA 203-K Home Loan program apart, including:
Click here to read an article about how the FHA 203-K Home Loan has worked for buyers. Contact me if you are interested in speaking with a 203-K Loan Representative or feel free to contact Mina Fuertes with Wells Fargo Home Mortgage at (972) 393-4435.
Ashley Myers is a Realtor and Foreclosure Specialist with Manning & Company Real Estate. Having grown up in the Metroplex, her knowledge of homes in the area is extensive.
"As a young professional, it is my job to seek the latest information about the changing market. I'm in constant pursuit of the newest information and stand as a loyal representative for you, the Buyer."
Ashley Myers
Ashley@ManningAndCompany.com
(972) 978-3109
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