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IRS Releases Instructions on how to Claim Homebuyer Tax Credit

Dennis Norman

Today the Internal Revenue Service released a new form that eligible homebuyers must need to use to claim the first-time homebuyer credit this tax season, along with instructions and guidelines for other documentation that must accompany your tax return.

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Foreclosures and Short Sales Dominated the U.S. Housing Market in 2009

It’s not surprising, that according to Zip Realty foreclosures and short sales dominated the U.S. housing market last year and were the driving force for the real estate roller coaster ride of 2009.

Zip Realty broke down what they considered were the nine major real estate stories for 2009 and they are:

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Using the MLS to find cash buyers for your foreclosures, REO’s and short sales

By: Dennis Norman

I just did a post to a real estate investors blog about a video by Steph Davis, the Tampa-based bartender turned wholesaler, on how investors can use the MLS to locate cash buyers for their “flip” deals.  While doing this, I realized many agents may find this information useful as well.  With a [...]

First-time homebuyer credit provides tax benefits to 1.4 million familes to date according to the IRS

By: Dennis Norman

Dennis Norman

“I’m from the IRS and I’m here to help you.”

Yeah, sure.

Actually, in this case the IRS is trying to help. The IRS has a website and has even published a video on YouTube to help first-time buyers and potential buyers understand the first-time home buyer tax credit as well as [...]

Green building information and resources for real estate agents and brokers

Dennis Norman

As green building gains in popularity and buying a green home grows in importance with buyers, agents and brokers need to be knowledgeable and informed about green building and green homes.

So what is “green building”? The Environmental Protection Agency (EPA) defines green building as the practice of:

Increasing the efficiency with which buildings and their [...]

Having problems with commissions on short sales?

Dennis Norman

By:  Dennis Norman

Short sales are on the rise.  Yesterday I did a post on an investor blog on short sales in which I cited stats showing short sales in the first quarter of 2009 were up over 200% from a year ago.

While the increase in short sales has created a market niche for [...]