Remodeling Lancaster – Homeowner Tax Credits You Can Claim this Year!

Welcome Back Readers!   This is the first in our new Remodeling Lancaster Columns by Guest Columnist Mike Blank with MBC Building and Remodeling, LLC ! If you live in Central PA and you have ever wondered who you could trust to provide quality remodeling and handyman repair services, look no farther than Mike Blank.  From Decks to Kitchens, Additions to Painting, repairs needed to sell a home, if it needs done at your house Mike can either make... Read More

FHA Allows for Loan Modifications for Homeowners Who Haven’t Yet Missed a Payment

Welcome Back Readers!  It was a busy week last week in the real estate world, the Lancaster County PA Real Estate Market is moving quickly.  I apologize for the shortage of posts recently due to this but you can expect a little more consistency in the coming weeks.  I wanted to start of  this week with a nice change announced by HUD last Friday. Until HUD made this change to the rules for FHA loans, in order to qualify for a loan modification,... Read More

It Isn’t a Question of “If” Waiting Will Cost You, but Rather “How Much?”

Waiting.  Sometimes a wise strategy, sometimes a foolish one.  When it comes to home buying, waiting will surely cost you.  There are a number of reasons why, but before I go into that, let’s get one thing clear…. if you aren’t in a positions to buy, if you truly can’t afford it, don’t do it.  But if you are unsure, if you are “thinking about it”, if you are planning to “start looking” in... Read More

HUD Secretary Donovan woke up this morning and got himself a gun……

… and he plans to use it to take out the US Housing Market! I know, very dramatic.  Maybe even a little uncalled for.  On the other hand, there is really no other way to describe how potentially dangerous the policy changes that  HUD Secretary Donovan is proposing this week.  What are those changes? Read More  Read More

The numbers are in and they’re…… not that bad!

I know, I know, not the most inspiring title but seriously, when we look at market statistics in today’s ecnomy not that bad is pretty darn good!  Read on to find out more! Read More  Read More

It’s Back! PHFA Allows Buyers to use the First Time/Repeat Buyer Tax Credit to Close!

It’s official!  Today, Pennsylvania Housing Finance Agency (PHFA) announced that it has allocated funding in the amount of $5,000,000 for the continuation of their Tax Credit Advance (TCA) program!   This is a limited time offer, so take note, once they run out of money it will be too late, so you need to move now if you want to take advantage of it!  Read further for details! Read More  Read More

A Whole New World – Why the New and Expanded Tax Credit May Save the US Economy!

This past Friday, President Obama signed into law H.R. 3548.  This bill, at it’s heart a bill to extend unemployment benefits {which, by the way, is being completely overlooked as the critical step it was to help the unemployed workers in this country, but that’s a topic for another day (see, I’m overlooking it too!)} contained a roundly supported amendment to Extend and Expand the First Time Home Buyer Tax Credit that was set... Read More

Home Buyer Tax Credit Passes House 403-12!

With a quick and resounding “Yes” vote, the House today passed HR3548, extending and expanding the Home Buyer Tax Credit!  All we need now is for President Obama to sign the bill into law! Read More  Read More