First-Time Buyer Tips

        First-Time Buyer Tips by Phoebe Chongchua www.realtytimes.com Published: March 23, 2012 Maybe you’ve been eyeing the real estate market and you think that you’re finally ready to purchase your first home…if so, read on to be sure you’re in the best position.   The rules have drastically changed in the real estate market. At [...]

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Maine State Housing’s Gift of Green!

$3,000 toward your first home – available to homebuyers who choose MaineHousing’s zero point mortgage. If you haven’t owned your own home in the past 3 years, you may qualify for MaineHousing’s Gift of Green: A $2,500 grant to help with the cash needed for closing, such as any required down payment, closing costs, and [...]

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Flood Insurance Update

(June 30) The Senate has passed the National Flood Insurance Program Extension Act of 2010 (H.R. 5569), an extension of the National Flood Insurance Program, until September 30, 2010. This will allow transactions to move forward. The bill is retroactive and covers the lapse period from June 1, 2010 to the date of enactment of [...]

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Tax Credit Closing Deadline Extended

Tax Credit Closing Deadline Extended (June 30) After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010 that have not yet [...]

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Maine Homes Sales Rise for Third Consecutive Month

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