buyer tips: You've Got 15 More Days To Use The First-Time Home Buyer Tax Credit - 10/05/09 07:00 PM
The government's First-Time Home Buyer Tax Credit program expires November 30, 2009 - a scant 60 days from today.
Considering it can take up to 60 days to close on a home.....
To read the full article, please visit: http://www.brokeragentsocial.com/BobPhillips/blog/3172/
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buyer tips: 7 Valuable Tips For First-Time Home Buyers - 09/21/09 02:58 PM
The housing market has taken a drastic turn since the foreclosure crisis in 2008. Here are seven pieces of wisdom from economists and financial planners for anyone considering a home purchase today:
The smartest way to purchase a home is to put 20 percent down on a fixed-rate, 30-year (or less) mortgage.
Do
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buyer tips: Tax Credit Changes - 09/21/09 02:48 PM
The first major change to the $8,000 home buyers tax credit began moving through Congress last week, giving hope to first time buyers of an extension of the program before it expires Nov. 30.
House Ways and Means Committee chairman, Congressman Charles Rangel, a New York Democrat, combined several smaller
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buyer tips: Parkwood Ranch Home In Mesa, AZ For Sale - 06/15/09 06:10 PM
Wonderful Starter Home! Features Split Floor Plan, Large Rooms, Decor Paint, Upgraded Lighting, Beautiful Eat-In Kitchen Features Granite Counters, Mahogany Stained Cabinets, Tile Floors, Huge Master Tub & Master Bay Window. Excellent Corner Lot Features Large Private Lot With North/South Exposure & Within Walking Distance To Parks. Sellers Loss Is Your
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buyer tips: Housing Rebound Is On The Rise - 06/09/09 05:58 PM
Sales are the uproar for the economic housing situation this week.
Residential sales and pending sales are adequately increasing and a rebounding real estate market could soon start stimulating the economy.
Even Federal Reserve Chairman Ben Bernanke told Congress last week that essentially the worst is over, the housing market is stabilizing, and we're heading
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buyer tips: Perfect Time To Steal A Deal On Vacation Property - 05/05/09 02:31 PM
Although the market is at a record lows, right now is a fantastic time to purchase a second home in a vacation paradise at a great price, if you can afford it.
Since there are a significantly small amount of people that have the ability to spend money on this kind of
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buyer tips: March 2009 Market Conditions Report - 04/23/09 12:39 AM
The Phoenix metro area's strong seller market from 2005 has gone to a complete reversal, going from boom to bust. However, 2009 is promising to be a year of recovery with many positive signs in market. The large amount of supply has created a buyer's market with record inventory levels. That
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buyer tips: The $8,000 Tax Credit - 04/10/09 06:27 PM
I'm sure you have heard about the $8,000 tax credit for those first time homebuyers. Are you eligible? How do you claim it? Here are a few tips to see if this tax credit is for you.
According to the National Association of Home Builders, you must have purchased a home
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buyer tips: Fed Plans Spark Drop In 30 Year Rates - 04/03/09 06:40 PM
Freddie Mac has reported that the average interest on a 30-year mortgage fell from 4.98 percent to 4.85 percent in less than a week. This drop in interest rates resulted in a 38-year low. This decrease has made housing incredibly affordable. The average price of a home is $172,000, making the mortgage payment
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buyer tips: Survey Says "Now Is A Good Time To Buy" - 03/30/09 05:15 PM
Despite the current concern of the economy, 78% of potential first-time home buyers say that now is a great time to buy a home.In early March, Century 21 hosted a survey for potential first-time home buyers. Of the 1,000 prospective U.S. first-time home buyers surveyed, 68% think now is a better time to buy rather than
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buyer tips: Decreased 30-year rate at 4.89% Increases Mortgage Application Submissions - 03/20/09 01:29 PM
The submission of mortgage applications increased last week when interest rates decreased, fueling refinancing activity.
The average rate for traditional, 30-year fixed-rate mortgages dropped from 4.96% to 4.89% in only a week, according to the MBA report.
The average rate for 15-year fixed-rate mortgages dipped from 4.54% to 4.52% in a week. One-year adjustable-rate
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buyer tips: Why To Buy A Home Now - 02/19/09 02:13 PM
If you are currently renting and debating if you should buy a home, you should consider what best selling author, David Bach, says, "The average homeowner is worth 35 times more than the average renter."
David Bach suggests that renters start saving part of their paycheck every month to help accumulate a down payment.
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buyer tips: January's Residential Highlights - 02/04/09 07:56 PM
The number of homes that sold in Maricopa County in January 2009 was nearly 58% higher than in January of 2008 AND was nearly identical to the number of sales in January 2007!! January saw a 13% increase in the number of properties going under contract over December and compared to January of
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buyer tips: Shop Carefully for Home Warranties - 01/27/09 05:48 PM
Home warranties are supposed to calm buyers nerves and usually do. However, what if ultimately the buyer feels cheated by the insurer? The policy could be more trouble than it is worth.The most important point to consumer satisfaction, in regards to a home warranty, is picking a reputable insurer and reading the fine print. Although
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buyer tips: First-Time Home Buyer Tax Credit - 01/08/09 05:38 PM
All homebuyers that purchased their first home in 2008 can take an income-tax credit on their purchase. The first-time home buyer tax credit was passed earlier this year in Congress.To be considered a first time home buyer, the term is used very loosely. In order to obtain this tax credit, the
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buyer tips: Buyers Being Lured to 100% Loan Program - 12/23/08 12:37 PM
Home buyers are learning about available 100% financing loan programs offered by the United States Department of Agriculture. There are two 100% financing loans available, which are VA loans and the Rural Home Loan program.
The Rural Home Loan program allows no-money-down purchases. A borrower can seek up to 102 percent when a mortgage insurance policy is included. Eligibility
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buyer tips: Mortgage Rates Plunge to Record Lows - 12/23/08 12:11 PM
Freddie Mac reports that the 30-year fixed mortgage rate fell to 5.17 percent down from 5.47 percent last week, which is the lowest it has been since the survey's inception in 1971, in response to the Federal Reserve's cut in the federal funds rate to near zero.Interest on 15-year fixed loans has also
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buyer tips: 6 Key Facts About the First-Time Buyer Tax Credit - 11/13/08 09:45 PM
There seems to be a lot of confusion regarding the $7,500 home ownership tax credit that the federal government created earlier this year as part of the Housing and Economic Recovery Act. So here is my version to help explains the benefits and why this is a great deal. They don't call
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buyer tips: Testimonials: What Our Short Sale Clients Are Saying - 11/12/08 06:26 PM
This is a follow up to our rebuttal of Catherine Reagor's Short Sale article in the Arizona Republic. We are closing 100% of our short sales and why? Because I am a Certified Distressed Property Expert, one of the first agents in Arizona to receive this special designation. And what does
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buyer tips: Lease-To-Buy May Be Good Option - 09/15/08 11:33 AM
Many people who are struggling to get mortgages are finding comfort in a growing trend: lease-options. This is a contract that allows renters to lease the property and, at the end of their lease, have the option to buy the home.
Hopeful buyers with poor credit are finding the rent-to-own option
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