First Time Homebuyer Mortgage Credit Certificate Program

Mortgage Credit Certificate (MCC) Program How Does it Work? If you apply for an MMC loan / mortgage you are eligible for 20% of your annual mortgage interest as a direct federal tax credit, resulting in a dollar for dollar reduction of your annual federal income tax liability. The remaining 80% of your annual mortgage.. read more →

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House Extends Deadline to Sept. for Homebuyer Tax Credit

The U.S. House of Representatives voted to give homebuyers who qualified for a federal tax credit more time to settle on their pending purchases. read more →

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First-Time Homebuyer Credit: Military and Certain Other Federal Employees

Hawaii First Time Homebuyer Credit for Military Extended to 2011 There are new benefits for members of the military and certain other federal employees: Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. Thus, an.. read more →

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First-Time Homebuyer Credit Extended

First-Time Homebuyer Credit Extended and Includes Existing Homeowners For the first time, long-time homeowners who buy a replacement principal residence may also claim a homebuyer credit of up to $6,500 (up to $3,250 for a married individual filing separately). They must have lived  in the same principal residence for any five-consecutive year period during the eight-year period.. read more →

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2009 First-Time Home Buyer Tax Credit

2009 First-Time Home Buyer Tax Credit The National Association of REALTORS website lists basic rules and information for the first-time home buyer’s tax credit. Since a transaction typically takes 45 days to close, time is running out! The 2009 First-Time Home Buyer Tax Credit is a great way to get started in your Hawaii Home!.. read more →

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2013 Military BAH Rates in Hawaii

2013 Military Housing Allowance (BAH) Rates in Hawaii Military Housing Allowance (BAH) for Hawaii If you’re thinking of buying OR selling a home anywhere in Hawaii (or the US), call me at 808.723.0900 or send an email by clicking here or to frank@hawaiihome.biz.  I moved 18 times while on active duty, so I know what a PCS.. read more →

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Hawaii First Time Home Buyer – Federal Programs

Federal Government Home Buying Programs Federal Housing Administration (FHA) FHA Loan for Purchase or Refinance on Principal Residence FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. FHA loans have historically allowed lower income Americans to borrow money for the purchase of a home that they.. read more →

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2012 Military Housing Allowance (BAH) Rates for Hawaii

2012 Military Housing Allowance (BAH) Rates in Hawaii Military Housing Allowance (BAH) for Hawaii ** 2012 Military Basic Housing Allowance (BAH) for Hawaii (NOW Available) ** UPDATE 12/15/2011 (Click Here for pdf version of 2012 BAH Component Breakdown for All Locations, click on pdc-archive then pdf) or below for calculators. If you’re thinking of buying.. read more →

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800,000 Federal Government Workers Await Word on Shutdown and Furcation

Nationwide 800,000 Federal Employees and Thousands of Contractors Could be Furloughed Government shutdown 2011: Will I get paid? What will be open? What can I expect? The Office of Personnel Management (OPM) has created a document to address some of the questions that I know must be on your mind.  The document can be accessed.. read more →

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BAH Hawaii 2011

2011 Military Housing Allowance (BAH) Rates for Hawaii Military Housing Allowance (BAH) for Hawaii Below are the rates of tax-free housing allowance (Basic Allowance for Housing, or BAH) that are provided to enlisted, warrant officer and officer military personnel (with dependents) who are authorized to reside off base at government expense in the state of.. read more →

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3 Steps for Hawaii First Time Home Buyers

You’ve decided to purchase a home and take advantage of the Extended Home Buyer Tax Credit. Here’s what you have to do to get your benefit: read more →

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2010 Military Housing Allowance (BAH) Rates for Hawaii

2009-2010 Military Housing Allowance (BAH) Rates for Hawaii Military Housing Allowance (BAH) for Hawaii Below are the rates of tax-free housing allowance (Basic Allowance for Housing, or BAH) that are provided to enlisted military personnel (with dependents) who are authorized to reside off base at government expense in the state of HAWAII , for calendar.. read more →

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2009-2010 Military Housing Allowance (BAH) Rates for Hawaii

Military Housing Allowance (BAH) for Hawaii Below are the rates of tax-free housing allowance (Basic Allowance for Housing, or BAH) that are provided to enlisted military personnel (with dependents) who are authorized to reside off base at government expense in the state of HAWAII, for calendar year 2009 and 2010. Many military members have the.. read more →

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