More Homebuyer Tax Credit Q & A

Question:  Regarding the existing homeowner credit, must the new house cost more than the old house?
Answer:  No.  For example, individuals who move from a high cost area to a lower cost area and meet all eligibility requirements will qualify for the $6500 credit.

Homebuyer Tax Credit Questions & Answers

Question: I owned my home for 10 years, but sold it 2 years ago and have been renting since.  If I purchase a home, will I be eligible for the $6500 tax credit if I meet all the other eligibility tests?
Answer: Yes.  Because you lived in the home for more than 5 consecutive years of [...]

Tax Credit Extended AND Expanded!

We just got the word and we are thrilled!  Now first time buyers have  we have until April 30th 2010 to close on thier first house and still recieve the credit.  Remember those who have not owned in the last three years are considered first time buyers.    First time buyers still get $8,000 or [...]

Did You Know???

Did you know that you can search the Northwest Wyoming Board of REALTORS Multiple Listing Service from our website?  That’s right! Many years ago the MLS provided the buyers with the convienence of working with one agent to find the property they were looking for.  Well now it’s happening on line as well. The online [...]

Great News on the Housing Front!

You heard it here first!
Affordable loans will continue to be available to Wyoming’s first time home buyers.  We will continue to keep you updated as further details become available to us.  This short-term initiative may prove to be exactly what we need here in Wyoming to get us through until the housing and bond market [...]

Extension of the $8000 tax credit?

We have mentioned the First-time home buyer tax credit here on the blog several times.  This credit expires on November 30th 2009 so you will have to close on your home on or before that tax to claim that credit.  I realize this is a touchy subject but all things political are.  Right now the [...]

Why Attend Convention?

I have recently returned home from my annual trek to the Wyoming Association of REALTORS  annual convention and trade show.  The 7 hours I spent alone in the car gave me plenty way too much time to think.  I was thinking about a generalization brought to my attention by one of the convention instructors.  Members [...]

What’s a Market Analysis?

What’s a Buyer’s Market

Home Inspections

You found the house you want to buy! You know what you liked about the house, it has the right amount of bedrooms, you like the kitchen, love the back yard the list goes on and on. But it’s what you can’t see by just walking through the house and property that might be even [...]