firsttime homebuyers: SOME SIMPLE TIPS TO EASE THE CONCERNS OF BUYING A HOME FOR FIRST-TIME HOMEBUYERS
- 01/17/11 01:50 PM
The first step in the homebuying process is to find out what you can afford to pay for a house, condo or co-op. This will depend on the amount of cash you have available for a down payment, your credit, income, assets and overall financial situation. Mortgage qualification is easier for buyers who work as employees whose income can be easily verified. Self-employed individuals or buyers with income from investments may find the qualification process more difficult. A wrinkle in the financing end of the homebuying process is that it's not as easy to get a preapproval letter from your mortgage … (0 comments)
firsttime homebuyers: Five Mistakes Home Buyers Make
- 10/26/10 04:15 AM
Even in this market, buyers can get tripped up. Here are a few do's and don'ts for first-timers. Good advise for first-time buyers http://online.wsj.com/article/SB10001424052748703579804575441472748516734.html?mod=WSJ_HomeAndGarden_LEFTTopNews … (2 comments)
firsttime homebuyers: A Little-Known Loan Program for Fixer-Uppers
- 10/17/10 01:49 AM
Good article in the NY Times Real Estate section regarding 203K Loans and how underutilized they really are: http://www.nytimes.com/2010/10/17/realestate/mortgages/17mort.html?_r=1&ref=realestate
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firsttime homebuyers: From the Experts: A Good Time To Buy A Home
- 11/24/09 12:47 PM
From the Wall Street Journal The federal home buyers tax credit, set to expire in July, and low mortgage rates make the next six to nine months a good time to buy a house, if you plan to live in it, real estate economist Ken Rosen tells Stacey Delo. (Nov. 23) http://online.wsj.com/video/a-good-time-to-buy-a-home/4EC8E035-FC62-418C-9904-7B20F0ABEF64.html … (1 comments)
firsttime homebuyers: Homebuyer Tax Credit Measure Backed by Administration
- 10/29/09 06:51 AM
GOOD NEWS FOR HOMEBUYERS!The Obama administration endorsed plans to extend an $8,000 tax credit for first-time homebuyers, saying it is helping stabilize the nation’s housing market.The tax break, enacted earlier this year as part of an economic stimulus package, has “brought new families into the housing market and contributed to three consecutive months of rising home prices,” Treasury Secretary Timothy Geithner said today in a statement. The tax break will expire Nov. 30 unless Congress intervenes.Senate Democrats have announced plans to extend the credit until April 30 while expanding it to include higher-income Americans and some who already own homes.For more … (2 comments)
firsttime homebuyers: ATTENTION FIRST-TIME HOMEBUYERS: Take Advantage of a $8000 Tax Credit
- 05/06/09 01:52 PM
ATTENTION FIRST-TIME HOMEBUYERS: Take Advantage of a $8000 Tax Credit The government is giving first-time home buyers an $8,000 tax credit for buying a home in 2009. Prices have dropped, interest rates are low and inventory is high, making now a smart time to buy. I?d be happy to tell you about the tax credit or anything else you may like to know about buying your first home. If you can imagine it, we can do it. FHA, VA, Conventional, Jumbo, Fannie Mae and Freddie Mac-and dozens of other ways to help you unlock the doors to your new home. Before … (0 comments)
firsttime homebuyers: For Some, It's Finally Time to Dive Into Housing Market
- 02/11/09 02:53 AM
Good article in today's WSJ. I can say this definitely comprises most of the buyers I am working with right now.... --------------------------------------------- By MARY PILON For years, even as her friends bought huge houses in the expensive Phoenix market, Elizabeth Child remained a renter. But in January, the airline customer-service agent and her boyfriend closed on their first home. The three-bedroom, two-bath house, complete with granite countertops and a pool, had been listed for $340,000 in late 2007, but the couple bought it for $220,500. "Six months ago I didn't think I would own a home," says Ms. Child, 27 years … (0 comments)
Welcome to my blog. As an agent of Realty Executive Elite Homes, I focus on helping buyers and sellers who are interested in buying or selling homes in Denville, Mountain Lakes, Boonton, Rockaway and the surrounding area. I specialize in local townhome communities such as Berkshire Hills Condo and Townhomes in Denville, Spruce Edge Towhomes in Mountain Lakes, Hunting Ridge in Parsippany, and single-family homes in Denville, Mountain Lakes, Boonton and Rockaway. I also assist sellers who need an experienced agent who can help them with a short sale of their home, or investors who are looking to buy investment properties.
The first step in the homebuying process is to find out what you can afford to pay for a house, condo or co-op. This will depend on the amount of cash you have available for a down payment, your credit, income, assets and overall financial situation.
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