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shortsale: Tax Credit News for your Buyers! - 01/27/10 05:09 PM
Good news homebuyers: You can file for your $8,000 first-time buyer tax credit again.
Bad news: You  can't e-file your taxes if you want the cash. And there are long delays.
 
  Last Thursday, CNN revealed that buyers who purchased their properties after Nov. 6 were unable to claim the refund because the Internal Revenue Service had yet to release a new form and instructions. But on Friday, the IRS finally posted the new form 5405.
First-time buyers used to able to immediately file for the tax credit after Congress approved it last February as part of the stimulus program. … (0 comments)

shortsale: Navigating Short Sales! - 12/15/09 05:24 PM
Greg Olson, REMAX Suburban
You  Have Options!!
  
Navigating Short Sales: What to Do When the Sale Price Leaves You ShortIf you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your … (2 comments)

shortsale: Tips For Finding the Perfect Neighborhood!! - 12/10/09 02:46 PM
Greg Olson/REMAX Suburban
Cell (847) 977-7024
  
Tips for Finding the Perfect Neighborhood Your neighborhood has a big impact on your lifestyle. Follow these steps to find the perfect community to call home.
 
•·        Is it close to your favorite spots? Make a list of the activities - movies, health club, church, etc. - you engage in regularly and stores you visit frequently. See how far you would have to travel from each neighborhood you're considering to engage in your most common activities.
 
•·        Check out the school district. This is especially important if you have children, but … (1 comments)

shortsale: Navigating Short Sales! - 12/01/09 11:34 AM
Greg Olson, REMAX Suburban
  
Navigating Short Sales: What to Do When the Sale Price Leaves You ShortIf you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your lender takes title … (2 comments)

shortsale: Lose Your Job...Keep Your Home! - 11/18/09 05:31 PM
Lose Your Job, Keep Your Home
If you're faced with a layoff, there are ways to escape foreclosure and stay in your home.
Few words sting like the ones that inform you that you're being laid off - especially today, with jobs so hard to come by. If you're a homeowner, the blow of a job loss can be even worse.
In households with more than one wage earner, halving the monthly income can severely stretch a budget. And in households where there's one breadwinner, having zero income can be devastating. A rainy-day fund helps, but it's important to craft a … (1 comments)

shortsale: Gardening Tip - 08/03/09 01:20 PM
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Gregory Olson

Streamwood, IL

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REMAX Suburban

Office Phone: (847) 577-9797

Cell Phone: (847) 977-7024

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