Let’s face it, for those of us who are first time homebuyers or our upgrading to another home, the tax credit has been very helpful. But how exactly do you get that money?

I just received an email today that states exactly what is needed…

If you’re a first time homebuyer, go to the IRS website and download Form 5405. You’ll include it with the rest of your documents when you go to file... Full Story

If you’re a first time homebuyer, things can be pretty confusing right now. With the tax credit deadlines, who qualifies, new F.H.A. standards, etc. there’s a lot to keep up with.

Just recently the Federal Housing Administration announced they are going to be increasing the mortgage insurance premium on F.H.A. insured loans. The new premium will be 2.25%, a .5% increase from what it was before.

In addition to the insurance premium, beginning this summer... Full Story