C. C. and Chris Wall Providence RI Real Estate

We were recently asked some questions by a reporter for Personal Real Estate Investor Magazine.  Since I noticed I had not posted since February (yes, its been that long) perhaps this interview will make up for it!  This will be a long post and in the interest of time, I am just going to post our answers as they were asked by the ...

This is a follow-up to my last post on the $7500 tax credit for first time home buyers which has now been revised in the new Stimulus Bill just signed by President Obama. The amount of the credit has been increased to $8,000.  Here is how it works: First time homebuyers are entitled to a tax credit of 10% of the purchase price up to a ...

It's a good time for buyers  who have waited to purchase property. Rates are now at a 4 year low on 30 year mortgages, averaging 5.47%.  The rate has not been lower since March of 2004 when the rate averaged 5.40%.   What does this mean? For borrrowers with credit scores of 740 and above, the rate is even lower, at ...