2009 First-Time Home Buyer Tax Credit

Bringing the Dream of Homeownership Within Reach

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time buyers.

“Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission.”

Appraising Fredericksburg TX Homes

Real estate appraisals are a key part of a real estate transaction when there is a lender involved.  Mortgage companies have every interest in making sure that the property for which they are considering a loan, holds enough value in case of non-payment.  Until recently, lenders involved in Fredericksburg Texas home sales have primarily employed the services of local appraisal professionals. Now however,  lenders are responding to the current economic climate in a way that can complicate even a simple transaction.

Appraising Real Estate in Fredericksburg TX

In Fredericksburg TX, as in many parts of the US, the real estate industry is making major adjustments to the recent events in our economy.  Property valuation has become less certain and both buyers and sellers are scrutinizing information sources to make real estate decisions.  They want to better understand the effect of these economic undulations on our local real estate market here in Fredericksburg TX.