Tucson Mortgage & Real Estate Blog http://www.tucsonmortgageblog.com tucson mortgage and real estate information Mon, 09 Nov 2009 16:53:53 +0000 http://wordpress.org/?v=2.7.1 en hourly 1 TucsonMortgageBloghttp://feedburner.google.com Tucson Mortgage Weekly 11-9-09 http://feedproxy.google.com/~r/TucsonMortgageBlog/~3/PrZwGxjcjxY/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-11-9-09/#comments Mon, 09 Nov 2009 16:53:53 +0000 Todd Abelson http://www.tucsonmortgageblog.com/?p=826 Brought to you by Todd Abelson and Tyler Ford of Sunstreet Mortgage - Tucson, AZ

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]]> http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-11-9-09/feed/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-11-9-09/ House & Senate Pass Tax Credit Extension! http://feedproxy.google.com/~r/TucsonMortgageBlog/~3/mbZM8q0IcNI/ http://www.tucsonmortgageblog.com/house-senate-pass-tax-credit-extension/#comments Fri, 06 Nov 2009 16:38:50 +0000 Todd Abelson http://www.tucsonmortgageblog.com/?p=817 It looks as though the First Time Homebuyer Tax Credit will be extended into 2010! It has passed both the House and the Senate and awaits a signature by President Obama. Here are some details:

First, the tax credit extension: contracts for home purchases must be signed by May 1, 2010 with the closing date on/before July 1, 2010. A full 7 month extension!

Second, a new provision for current homeowners has been added: up to $6,500 as long as they have owned their current homes for at least five years. The credit is for primary residences only.

Third, increased income limits: for single filers is now $125,000. For married or joint filers, the new limit $225,000.

Fourth, a new maximum purchase price limit of $800,000.

These changes are all HUGE and can only help the Real Estate industry. Current estimates from the National Association of Realtors reveal that up to 350,000 additional homes may be sold in 2009 due to the existing tax credit. WOW!

All we need now is for the JOB MARKET to improve.

For these and all other mortgage information, call Todd Abelson & Tyler Ford at Sunstreet Mortgage in Tucson Arizona!

]]> http://www.tucsonmortgageblog.com/house-senate-pass-tax-credit-extension/feed/ http://www.tucsonmortgageblog.com/house-senate-pass-tax-credit-extension/ Tucson Mortgage Weekly 11-2-09 http://feedproxy.google.com/~r/TucsonMortgageBlog/~3/D1tnXfnuy6o/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-11-2-09/#comments Mon, 02 Nov 2009 16:33:31 +0000 Todd Abelson http://www.tucsonmortgageblog.com/?p=811 Brought to you by Todd Abelson and Tyler Ford of Sunstreet Mortgage - Tucson, AZ

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]]> http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-11-2-09/feed/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-11-2-09/ Extension of $8,000 Homebuyer tax credit? http://feedproxy.google.com/~r/TucsonMortgageBlog/~3/j_v34-D8Elo/ http://www.tucsonmortgageblog.com/extension-of-8000-homebuyer-tax-credit/#comments Thu, 29 Oct 2009 17:57:53 +0000 Todd Abelson http://www.tucsonmortgageblog.com/?p=802 The on-again, off-again extension of the $8,000 First time Homebuyer tax credit may be on again as both the House and Senate have passed versions of an extension. One version appears to extend it to Military personnel only, while another version offers it to everyone but has a declining credit each quarter over the next 12 months.

The next step is for a Conference committee to resolve the differences whereby a joint version will be voted on by both houses.

While I am hopeful an extension to the existing program will be voted on and passed, I am not holding my breath!

We at Sunstreet Mortgage, LLC in Tucson Arizona continue to close loans on-time to meet our customer’s needs.

Call Todd Abelson & Tyler Ford of visit our website at www.TucsonMortgages.com

]]> http://www.tucsonmortgageblog.com/extension-of-8000-homebuyer-tax-credit/feed/ http://www.tucsonmortgageblog.com/extension-of-8000-homebuyer-tax-credit/ Tucson Mortgage Weekly 10-26-09 http://feedproxy.google.com/~r/TucsonMortgageBlog/~3/bP19Itz4VsM/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-26-09/#comments Mon, 26 Oct 2009 15:37:38 +0000 Todd Abelson http://www.tucsonmortgageblog.com/?p=798 Brought to you by Todd Abelson and Tyler Ford of Sunstreet Mortgage - Tucson, AZ

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]]> http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-26-09/feed/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-26-09/ Tucson Mortgage Weekly 10-19-09 http://feedproxy.google.com/~r/TucsonMortgageBlog/~3/XPtI_BDiTrU/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-19-09/#comments Mon, 19 Oct 2009 16:02:36 +0000 Todd Abelson http://www.tucsonmortgageblog.com/?p=790 Brought to you by Todd Abelson and Tyler Ford of Sunstreet Mortgage - Tucson, AZ

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]]> http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-19-09/feed/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-19-09/ Tucson Mortgage Weekly 10-4-09 http://feedproxy.google.com/~r/TucsonMortgageBlog/~3/-wNJ0Wj_e3o/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-4-09/#comments Tue, 06 Oct 2009 14:11:30 +0000 Todd Abelson http://www.tucsonmortgageblog.com/?p=783 Brought to you by Todd Abelson and Tyler Ford of Sunstreet Mortgage - Tucson, AZ

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]]> http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-4-09/feed/ http://www.tucsonmortgageblog.com/tucson-mortgage-weekly-10-4-09/ Damiana Cohen shares her experience working with Todd Abelson http://feedproxy.google.com/~r/TucsonMortgageBlog/~3/Hzdo171G5ww/ http://www.tucsonmortgageblog.com/damiana-another-happy-homeowner/#comments Wed, 30 Sep 2009 00:41:07 +0000 Todd Abelson http://www.tucsonmortgageblog.com/?p=762 This is SURELY a “Hat trick” (that’s 3 goals for all non-hockey fans!)

                      “I wouldn’t go to anyone else!”

]]> http://www.tucsonmortgageblog.com/damiana-another-happy-homeowner/feed/ http://www.tucsonmortgageblog.com/damiana-another-happy-homeowner/