Official Carleton H. Sheets^® Website

First, there was last year's $7,500 credit to first-time homebuyers ... the problem was that it really wasn't a credit at all. It was considered a loan and had to be paid back.

This year's "up to $8,000 tax credit" to first-time homebuyers seemed to be an improvement on last year's credit because it didn't have to be paid back. The catch was that some potential homebuyers were excluded

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As an investor, I'm excited about the new initiatives and incentives from Washington that I've been reading about the past week or so ...

1. First, and most recently, the Obama administration will be announcing new measures to expand its housing program. These measures are expected to encourage lenders to accept a short sale (if offered) or a deed in lieu of foreclosure when presented, rather

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The new stimulus package proposed by President Obama has finally been passed, amidst much discussion between the House and the Senate, and between the Republicans and Democrats on Capitol Hill. The details of the package continue to emerge.

The New York Times reports that the bill includes a large amount of tax cuts and tax breaks. Many of these will have a nice, positive impact on those

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Going green isn't just for new construction---just as tax cuts aren't geared toward the low and middle class any more. People of all incomes are using "green" initiatives to save money and for less negative effects on the environment. 

And now, with new tax cuts approved by Congress on October 3, the IRS is offering "bigger and better" tax credits for energy-efficient and

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