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real estate: A Systematized Approach to Home Buying. - 12/14/09 12:12 AM
No matter how you look at it, buying a home is a major investment. For many home buyers, it can be an even more expensive process. They fall prey to some of the many common and costly mistakes, which trap them into either paying too much, losing out to another buyer on their competitively priced dream home, or, worse, buying the wrong home for their needs.
A report titled "9 Buyer Traps and How to Avoid Them" discusses the 9 most common and costly of these home buyer traps, how to identify them, and what you can do to avoid … (3 comments)
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real estate: Some Advantages of Buying a New Home or an Existing Home. - 12/13/09 07:21 PM
When shopping for your home, you'll discover that most homes on the market are resales. Yet, one out of four home buyers purchase a new home. Both new homes and resales offer advantages. Before you make a decision, let's COMPARE THESE POINTS!
New Homes:
1. Offer innovative use of space and style.
2. Greater energy efficiency.
3. A choice of options and upgrades.
4. Everything is new and modern.
Existing Homes:
1. On the average, are less expensive.
2. Frequently offer more square footage, for the same price.
3. Often are in an established neighborhood with mature landscaping, and a greater … (2 comments)
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real estate: Government $8,000 Housing Tax Credit. - 12/13/09 07:08 PM
The best part of the Government's $8,000 Housing Tax Credit is that it is a TAX CREDIT, not a deduction. Unlike deductions, such as mortgage interest. a first-time home buyer that qualifies (has not owned a personal home in the past 3 years) will receive $8,000 (or up to 10% of property's value, if less than $80,000), even if they don't owe that much in taxes! You will not need to pay this back as long as you live in the home for 3 years.
There are income limits for qualifications and partial credits for high income households. The government has extended … (0 comments)
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real estate: Buying a Foreclosure. - 12/13/09 04:08 PM
A foreclosure home can make for a great investment. Here are a few items to consider when shopping within this special market:
1. The process is usually faster and less challenging than the short-sale process, and, in many cases, foreclosures offer a better deal than do short-sales.
2. Foreclosures are generally priced very well, many times below market value. Locally, foreclosures in good condition are selling close to asking price and, when multiple offers occur, ABOVE asking price! A home in good condition will often bring multiple offers, so be prepared to pay at least the bank's asking price.
3. Generally, … (0 comments)
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real estate: Quick and Easy Home Staging Ideas! - 12/13/09 03:59 PM
Simply placing your home on the market at a competitive price is not enough to attract an offer. The home has to have appeal. The look and "feel" of your home will generate a greater emotional response than any other factor. Prospective buyers react to what they see, hear, feel and smell, even though you may have priced your home to sell.
Home staging is part science, part art and part psychology. Home buyers tend to judge a home within the first 8 seconds of a showing, so making a quality first impression can mean the difference between getting multiple bids, … (2 comments)
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real estate: The Time is Right for "Moving Up"! - 12/13/09 03:46 PM
Currently, there are some very good real estate buys on the market. For clients like you, this is the perfect time to move! There are several reasons for this:
While as a Seller your house may sell for less than you had hoped, on the flip side of the transaction, you'll reap the rewards as a Buyer. For example, let's assume your current house has decreased in value from a high of $150,000 to a current market value of $120,000 for a 20% decrease, or a $30,000 loss. If you purchase a home for $200,000 and apply the same 20% decrease … (0 comments)
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real estate: What Gets You More "Bang for Your Buck"? - 12/13/09 03:31 PM
Just the thought of remodeling makes homeowneres start dreaming of a hefty return on their time and effort. However, these projects often result in merely bringing the property up to current market standards, as opposed to making the home stand out from the competition. Therefore, it's crucial to take on such a project with realistic expectations. While meeting market standards will definitely help you as far as getting your house sold, the overall increase in value may be less than you hoped for when you started thinking of remodeling.
So what remodeling projects bring the greatest return? Heating and cooling a … (0 comments)
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real estate: Good Financing is Still Available. - 12/13/09 03:16 PM
Although the lending environment has tightened up, there are still several options available for "no money down" loans.
VA Financing. If you qualify for VA financing, you will be able to receive 100% financing.
Rural Housing.If you want to buy a home in Santa Rosa County or certain parts of north Escambia County, you may qualify for a USDA Rural Housing loan with 100% financing.
FHA Financing. Anywhere you choose, an FHA loan has a 3% down payment requirement. If you do not qualify for one of these loans, or you want to buy a home outside the Rural Housing parameters, you … (0 comments)
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real estate: What Steps Can You Take to Sell Your Home? - 12/13/09 02:49 PM
If a home fails to sell, it is usually due to a problem in one or more of these four major areas:
1. Teamwork. The relationship between you and your Realtor should be a full partnership, where vital feedback from both buyers and other Realtors is shared. Open and honest communication should be encouraged, so you have the information necessary to make educated decisions.
2. Pricing. Pricing your home correctly is the most important factor in successfully selling your home. The "right" price depends on market factors, competition and the condition of your home. If your home is either overpriced or … (0 comments)
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real estate: Adorable Milton, FL Home! - 12/13/09 02:10 PM
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real estate: Upscale Commercial Building - Awesome Income Potential! - 12/13/09 02:07 PM
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real estate: Country Living at its Finest! - 12/13/09 02:03 PM
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real estate: No More Neighborhood Squeeze! - 12/13/09 02:01 PM
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real estate: Live in the Heart of Pensacola. - 12/13/09 01:58 PM
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real estate: Spectacular, Golf Course Home in Stonebrook Village, Pace, FL! - 12/13/09 01:56 PM
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real estate: First Time Home Buyer Alert - This One is Perfect! - 12/13/09 01:52 PM
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real estate: Wonderful Place to Build A Dream Home! - 12/13/09 01:48 PM
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real estate: Priced Like You Get the Pool for Free! - 12/13/09 01:43 PM
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real estate: Fabulous Floor Plan - 12/13/09 01:39 PM
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real estate: A Lovely, Quiet Neighborhood - 12/13/09 01:36 PM
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Kathy Batterton
Pace,
FL
More about me…
RE/MAX Infinity CDPE, E-PRO, GRI
Office Phone: (850) 995-0030 x 33
Cell Phone: (850) 377-7735
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