Perhaps you are considering going "For sale by owner" in Spokane Wa.
Selling a home by owner in Spokane, or anyplace else can be challenging. The latest statistics are in and the success rate is 11% of FSBO's actually sell, and a WHOPPING 85% of those are sold by Realtor's who bring the buyers.
I pride myself in having a very comprehensive marketing plan which I have in the form of a sellers pack I give potential sellers. Detailing dozens of proven marketing avenues, this professional marketing packet is available upon request to anyone thinking of selling a home in Spokane Wa.
Again, after studying the comprensive statistics recently put out by the National Association of Realtors, I feel confident that my strategy highlights the marketing that is actually working to sell homes.
There are a few things I do not do because the proof is in the pudding folks, and some forms of advertising simply do not work for sellers, and I choose to focus on the ones that produce measurable results.
In todays market, if you choose to sell for sale by owner in Spokane Wa. then I do wish you the best of luck, as long as your understand there is a 89% chance your home will not sell.
I am happy to meet with you in person and discuss my no obligation listing presentation so you know what your options are!
In my real estate experience (and life experience...) I have had countless issues with small picture issues and bumps. One way I get through them and advise my friends and clients to hang in there, is to keep the BIG picture in mind. The goal, the prize, the outcome.
When under stress, we can all get petty.
Case in point: Just last week, in the final stretch of a deal... I had to get two extensions of a closing date because of a lender who over promised and under delivered. My buyer was getting frantic and frustrated...and I asked her to visualize herself on the master bedroom balcony overlooking the mountains in her (almost) new home. She said " You are RIGHT!" I just need to get through this so I can get into my new home!
Her focus changed from the little picture to the BIG picture.
When dealing with the messy details of life, kids, work, pets, (the list is endless...) when your blood pressure starts to rise...remember the GOAL. As far as the stresses and strains of everyday details and the monotony therof, "This too shall pass". But relationships and memories are built on how you persevered, and how you make people feel, not on how you pushed your way through the small picture-ism's.
As you move through your day...your business and your unique challenges, take a moment to consider the BIG picture in each circumstance. It just might help you get through it - not only easier, but with a new found energy and appreciation for the end result.
If you are considering selling a home in Spokane, or buying a home in Spokane it has proved over time to be a far more stable market than many.
Are you a first time home buyer in Spokane Wa? Considering an investment property in Spokane?Wondering about the real estate market statistics in Spokane? I would be very happy to consult with you and provide you with monthly market updates for Spokane Wa and the area either by e-mail or snail mail.
If you are considering purchasing a home in Spokane Wa. Here is a good update on the 2009-2010 First Time Home Buyers Tax Credit. PLUS the new incentive for other qualified purchasers!
The $8000 First Time Home Buyer Tax Credit has been extended, expanded, and modified. It is no longer just for First Time Home Buyers, but it's also for Move-up Home Buyers.
There are many rules you need to know in order to comply with this credit, and yes, it truly is a credit as long as you're in the house for a minimum of three years. If you sell prior to three years, you will have to pay it back.
First Time Home Buyer means someone who has not owned a primary residence in the last three years. This means you could own an investment property and still qualify, but not a homesteaded property. If you are married and your spouse has owned a primary residence, but you have not owned one, you do not qualify for the tax credit. However, something new is that if you have a parent who has owned property and they co-sign for you, you could still qualify.
This tax credit is mostly referred to as the $8000 First Time Home Buyer Tax Credit, however, not everyone gets $8000. The number is the maximum number you are allotted for the tax credit and it's based on 10% of the purchase price, not to exceed $8000. In plain English, that means if the house you purchase is $80,000 or more, you will get the $8000. If you buy a $73,000 property, you would only qualify for $7300. Make sense?
Move-Up Home Buyers are a new category for this tax credit, and there are more rules. You must have owned a primary residence for five consecutive years out of the last eight years. That means, if you have owned a property that is currently being used as a rental, but you lived in it for five consecutive years prior to renting it within the last eight, you qualify. If you bought an investment property that you rented out a few years ago, but now currently have lived in it for five years, you qualify. Simple enough...
The Tax Credit for the Move-Up Home Buyer is limited to $6500 and not $8000. Same rules apply where it's 10% of the sales price, not to exceed $6500.
The income requirements have changed as well, and the limits are the same whether a First Time Home Buyer or a Move-Up Home Buyer. Single tax filers can receive the entire tax credit up to $125,000 whereas they can receive a partial credit from $125,001 to $145,000. Joint tax filers can receive the entire tax credit up to $225,000 whereas they can receive a partial credit from $225,001 to $245,000. Above these income limits, home buyers are not eligible for anything.
There has also been a purchase price cap added to this new law which was not part of the previous one. The cap is $800,000. That's a lot of house, but if you can afford that much house, you probably have bigger things to worry about than this small tax credit.
Of course there is a deadline for everything, and this new law actually has two deadlines you need to pay attention to. The first one is that you must be under contract with a property by April 30, 2010. The second deadline is that the property must close and fund prior to June 30, 2010. That way, no one can wait until the last minute to purchase homes and then hope they close on time. There is a two month buffer, but that actually means you only have less than six months to find a property and get an executed contract!!
The above does not cover every single rule in this new law, but the above takes care of 99% of the cases. There is a rule that you cannot buy a house from a blood relative and receive the tax credit, but you can buy a house from a step-relative and still receive the credit... and others that are very rare circumstances.
Email or call me today for further questions, and let's get you into a new house before six months come and go! The time will move faster than you think! And if you have a house to sell to be one of the Move-Up Home Buyers, we need to get that house on the market ASAP!
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
Great news! Homebuyer tax credit has been extended. Refer to information in the Notices. Some more good news, closed sales of single family homes on less than one acre including condos for October are up 15.2% over last month, 507 closed sales compared to 440 in September and up 15% over October last year. Average sales price for October was $177,072 while the median sales price was $164,900.
Year to date sales through October total 3,831 down 12.4% compared to last year. The average sales price through October is $189,589 compared to $206,976 last year while the median sales price is $170,000 compared to $184,900 last year. These numbers are down 8.4% and 8.1% year to date respectively.
The housing inventory is down 8% compared to last month and down 1% compared to last year. Year to date
new home sales total 459 through October compared to 705 last year or down 34.9%.
With the GOOD NEWS of the extension of the first time home buyers tax 8,000 tax credit and the new incentive of 6500 for other qualified buyers, I think things will come a long ways with a strong recovery!
Ahhhhhhh...Hawaii! I have lived where winter hits hard, my whole life. This makes vacations to the Tropics especially incredible. Let me share a few pictures I took while in Paradise.
A Maui Sunset taken 10/17/09
Look closely...that is me in the corner of the infinity pool at the condo overlooking Wailea. ahhhhhh
The perfect end to a great time: Dining at Mama's Fish House...incredible!
I cannot wait to return to the Islands...sometime soon!
I recently hire a dynamic duo- Spokane Wa. first "HOME DETAILERS!"
The do just that. You know- when you get your car detailed, and you get it back and wonder whose it is?!
WOW I mean this is the real deal.
PSK Renovations is the name of their company, and they are worth their weight in GOLD!
They recently perfected one of my listings, and made it look amazing. They walk through the home with the seller and Realtor, room by room, and give a bid per room. This way the seller can decide which rooms they want done, keeping their budget in mind. They will paint, remove wallpaper, clean, minimize, tweek, STAGE, and turn any home into it's best presentation.
With the overage of inventory, and 2 out of 3 homes NOT SELLING- Home Detailing is a very wise investment for the serious seller.
This lovely Victorian home sits on apx. 3/4 acre lot, with a private back yard!
Stunning River Rock Fireplace, 5 bedrooms, plus an office and 2 baths. Huge formal dining room, Updated kitchen, finished basement, and full of elegant charm!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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