The Missouri Housing Development Corporation (MHDC) has a tax credit that DIDN’T expire on April 30th and Funds are still plentiful! As reported in today’s Post Dispatch, the credit isn’t being used as much as expected. The credit is $1250 for the HOPE tax credit with an additional $500 for the HOPE Energy Credit, for a possible credit of $1750.
MHDC has been a source of assistance for home buyers for a long time (starting in about 1969). The type of assistance has varied. A few years back, they offered a program for first time home buyer downpayment assistance. This hears “HOPE Program” has taken the place of the down payment plans and has shifted the responsibility from the lenders directly to the home buyer or their accountants.
Information on the HOPE Program can be found online HERE. Anyone wanting to take advantage of this plan better hurry though. While it doesn’t expire on July 1st like the federal tax credit, this credit only applies for homes purchased before 8/31/ 2010 with the forms being due by September 30, 2010
Last week a production assistant with the show “My First Place” called to let us know that the show is recording episodes this summer and fall in ST LOUIS! She found us online and wanted us to pick out some of our buyer’s to apply for the show.
For some, buying their first home is an exciting but very personal event. For many, a little attention doesn’t hurt.
What they are looking for is an energetic person or couple buying their first place to work with the show to produce a mini-documentary about the buying process. Its a really cool show, although it really tends to oversimplify the process. Not that its bad. Condensing the home buying process to 30 minutes-less commercial break time-just isn’t realistic. Some first time buyer’s look for months, then take another few months to get throught he rest of the process. Making it into a TV show requires a lot of editing.
Either way, if you’re considering buying your first home in St Louis Missouri and would like to be on the HGTV show “My First Place”, contact us online and we’ll get you all the details.
The process of finding a home for the first time can be a variety of different experiences combined into one. Having a good Realtor in St Louis to guide you through the process is what the show wants to capture. The interesting thing I’ve noticed since I’ve been in the real estate business is that people love to tell the stories about their home buying process. The thought of having a TV show made about your home buying process seems like the PERFECT closing gift to have after the fact to show friends and family and make the process easier and more fun!
St Louis real estate is our specialty! If you’re looking for real estate anywhere in the St Louis, MO area, including St Louis City, St Louis County, St Charles, Ballwin, Chesterfield, Kirkwood, Webster Groves, or one of the other areas we serve, simply click the “Search St Louis Real Estate” link at the top or bottom of this page to begin your home search