Entries from November 2008

November 21, 2008

Housing & Recovery Act: Tax Credit For First-Time Homebuyers

First time homebuyers purchasing a new or pre-existing home may be eligible for a tax credit up to $7,500* for a married couple filing jointly or a single individual, or $3,750* for a married couple filing separately.
To Qualify:

Loan must close on or after April 9,2008 and before July 1, 2009
Property type must be a single [...]

November 19, 2008

Loan Limits Set to Adjust – ACT NOW!

The best time to purchase your new home is before the end of 2008 while the temporarily increased loan limits are still in effect. What does this mean to you? A lower interest rate! Conforming loans commonly have rates as much as 1.25 percentage points lower than jumbo loans – and that adds up to [...]

November 18, 2008

Thank You

The eagerly anticipated Real Estate Top 200 rankings were announced November 7, 2008 at the National Association of REALTORS®’ Annual Convention in Orlando, FL.
The Creig Northrop Team of Long & Foster Real Estate, Inc took home top honors ranking # 2 in Sales Volume by a Team, as well as # 3 in Transaction Sides [...]