Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
As part of its major housing legislation, H.R. 3221, Congress created a tax credit to provide an incentive for first-time homebuyers. The $7,500 credit will be available for the purchase of a principal residence on or after April 9, 2008 and before July 1, 2009. This first blog post will address common questions. A second post will follow with my thoughts on the tax credit… The Basics Who qualifies for the new tax credit? Only
With rising food prices, growing your own vegetables at home is a good way to reduce your expenses. Vegetable gardening is rewarding on many fronts, reducing your food bill is just one benefit. You’ll get to spend time outside in the fresh air, get some exercise, have better tasting food, and make the world a little greener. One of the downsides of vegetable gardening is that you may spend a lot of time loving and
 The ‘burbs have attracted entire generations of Americans looking for their own little piece of paradise. A small plot of land where they can plant a garden or put up a swing set. Play fetch in the yard with the dog or catch with the children. A nice little neighborhood and good clean fresh air. They were willing to travel a little further to their jobs, in many cases suffering through brutal traffic. And they
Time for an update on mortgage rates! As has been written in this space before (here and here), mortgage rates are currently being driven by inflation expectations. The Federal Reserve has been focused on supporting the economy by lowering short-term interest rates at the expense of the dollar, which is one cause of inflation (another major one being the huge demand for oil/energy in China). The graph on the left compares mortgage rates for 30 year fixed
Few words are spoken with as much disdain as ‘McMansion.’ I’ll admit to criticizing a property with the term on occasion, though I’m not one of those people who could wax poetic about the evils they represent. In fact, I recently discovered that I had trouble even defining the term while I was talking with a local builder/developer about a project in which he may participate. After mentioning the main value drivers in the finished