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Jeremy Salemson

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, writes about trends in the real estate market affecting local buyers and sellers.


Realtor sees tax credit boosting home sales

Realtor Doris Vaughan of Keller Williams sees the homebuyer tax credit as the biggest incentive to sales in the Triangle.

Doris Vaughan's advice for buyers and sellersWATCH VIDEO
Doris Vaughan's advice for buyers and sellers



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Fannie Mae offers an option for those facing foreclosure

Fannie Mae's Deed for Lease program is available to those who may not qualify for other mortgage modification programs. Here is how it works:

Deed for Lease program is foreclosure optionWATCH VIDEO
Deed for Lease program is foreclosure option

 



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Tax credit should push home sales

The extension and expansion of the home-buyer tax credit should motivate buyers in 2009 and beyond.

Facts about the home-buyer tax creditWATCH VIDEO
Facts about the home-buyer tax credit



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Treasurer: N.C. on right road for recovery

Janet Cowell, treasurer of North Carolina, says her office is managing the state pension fund to be ready for economic recovery. In a recent interview, she also mentions a pet project -- the Student Debt Tour -- and advocates for more financial education.

State Treasurer Janet Cowell WATCH VIDEO
Jeremy interviews state treasurer

 



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Tax Credit Extension Update

Welcome back to the written page! We’ve been offering our weekly data for Today in Real Estate in video format over the past couple of months – but since we’ve already shot the video for this week and we have breaking news – I thought I would go old school for you again.

It looks as though the Tax Credit for Housing has been extended into 2010. As of writing time – 7am Friday morning – The President had not yet signed the extension into law. It has passed both the house and the senate so his signature seems to be a formality at this point. Let me give you the details on the extension – if you noticed I did not title it the first time home buyer extension – and that was intentional in that one of the big changes to the tax credit is that additional homeowners are now eligible for the credit as well.

So here are the details…
1. The eligibility pool has changed – first time home buyers (those who have not owned...



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