buyer: But with the Tax Credit Extension... I can wait to buy... - 11/08/09 11:54 PM
AgainWell, yes, you can. 
The question is "Should you?"
There are a few things to keep in mind as you decide about timing on purchases using the First Time Home Buyers Tax Credit (up to $8000)... and Move Up Buyers Tax Credit( up to $6500). 
How is the inventory in your … (7 comments)

buyer: Holy Crap... It's Almost November... FTHBTC... Extended? - 10/28/09 07:12 PM
Do you know what those initials (FTHBTC) stand for? 
First Time Home Buyer Tax Credit...
If you aren't already familiar with it, it might be gone before you get a chance to get more familiar...  It is currently slated to expire at the end of November.  And the clock is ticking. 
(4 comments)

buyer: Let's increase the Home Buyer Tax Credit to $100,000... - 10/03/09 11:40 PM
And while we are at it, why don't we expand it to cover everyone.  Do you think the NAR would get behind this? 
Honestly, I bet that they would see that this would be ludicrous.  Not that it wouldn't be GREAT for real estate agents, we would be rolling in it.  … (143 comments)

buyer: First Time Home Buyers... I just found a REAL bargain... - 09/24/09 10:22 PM
The October issue of Realtor Magazine (our industry magazine) had an interesting article about dispelling myths while educating first time home buyers.  The third point was about the realities of "bargains".
There are absolutely some bargains in the market...  But, often those properties that are the real bargains are NOT … (7 comments)

buyer: First Time Home Buyers... I need to see all of the options. - 09/24/09 05:27 PM
The October issue of Realtor Magazine (our industry magazine) had an interesting article about dispelling myths while educating first time home buyers.  The second point was about excessive caution, and buyer, especially new buyers, wanting to see "everything on the market".
I have to admit... the writer at Realtor Magazine … (2 comments)

buyer: First Time Home Buyers... Is the market weak? - 09/23/09 11:42 PM
The October issue of Realtor Magazine (our industry magazine) had an interesting article about dispelling myths while educating first time home buyers.  The first point was about the weakness of the housing market. 
They are absolutely correct that we can't flip on the TV, radio or computer, nor pick up a … (0 comments)

buyer: Water, Water, Everywhere... Trashing the House... - 09/17/09 08:40 PM
Water is essential for life.  Without it, everything dies.  But... sometimes it can be a pain in the butt... like when it is in the wrong place in the house... or outside of the house...
I have a buyer that is under contract on a beautiful home... or more accurately, a … (6 comments)

buyer: Is this the time to buy your first house? - 09/12/09 04:50 PM
Maybe...  Maybe not... 
Make no mistake, there are some deals in the market.  And combined with the $8000 First Time Home Buyer Tax Credit (FTHBTC), this can be a great time to buy a first home.  Interest rates have remained low... despite a LOT of predictions to the contrary.  In fact, … (5 comments)

buyer: Deal or No Deal... - 09/10/09 10:30 PM
It isn't just a TV show with Howie Mandel and a bunch of hotties holding briefcases.  It is daily life in real estate... 
And one of the issues that buyers face is the Deal or No Deal mindset.  It boils down to this... 
Do you want a deal?
Many buyers see … (2 comments)

buyer: Over-Updated, Under-Updated... - 09/05/09 10:55 PM
I visited a home recently that had an interesting mix of over and under updated features.
Overall, the home was quite beautiful.  The finishes were well done and attractive.  Honestly, it showed better than the photos... and that is a good thing, the photos weren't bad.
The yard was amazing.  The … (4 comments)

buyer: Deals in Bankrupt Subdivisions? - 09/03/09 11:49 AM
I recently took some buyers out looking at houses in an area with a lot of bankrupt subdivisions.  The houses were, in many cases, quite attractive and priced very competitively.
But there are a lot of considerations that buyers need to weigh before buying a home in a subdivision where the … (9 comments)

buyer: Strange People... muttering... muttering... - 09/01/09 10:52 PM
Have you ever hung out around the County Courthouse on the first Tuesday of the month? 
The County Courts CAN make for some great people watching on any day of the month (ok, any weekday...), but the first Tuesday on the month here in Georgia is a little more special.  There … (0 comments)

buyer: Sellers, Are you ready to compete for Buyers? - 08/30/09 10:12 PM

Image via Wikipedia That's right...
Buyers are looking at homes, and they still have a choice.
Don't get me wrong, there is competition among Buyers for some homes, but the competition goes both ways.
Buyers that don't snap up the deal fast enough might find that they lose it … (6 comments)

buyer: Police Response time... 15 minutes. - 08/22/09 11:45 PM
The listing said to call before visiting the home.  The listing sheet said that the alarm code was in the lockbox.  I called... the agent reiterated that the alarm code was in the lockbox. 
The house had a keypad deadbolt.  The lockbox contained a code that accessed the deadbolt. 
It was … (15 comments)

buyer: Too Late for Shortie? - 08/09/09 10:44 PM
I was talking with a client last night... a first time home buyer.  He wants to take advantage of the First Time Home Buyer Tax Credit (FTHBTC).  As we were looking through the results, one thing became VERY clear... 
In the price range, foreclosures and short sales dominate the market.  Of … (0 comments)

buyer: Video is the tool, and these are the artists... - 08/06/09 09:50 PM
For buyers, getting to know a home is part of the process.  Seeing it, feeling it, walking around the taking it in...  That is great if you are around the corner, or even across town... but what if you are unable to take that time to tour scores of properties before … (10 comments)

buyer: An Ovation for Novation - 07/31/09 10:16 PM
After you find the house, you have to find a way to pay for the house.  Sure, there are a few people that just write a check, but most of us find ourselves calling a mortgage broker or banker. 
When people ask me who they think I should call, I have … (6 comments)

buyer: The Story of a House... - 07/30/09 11:05 PM
Earlier today I read a blog my Anne Rains about a house she took a buyer to see... it was a mess.  It had smells.  It had clutter.  They left. 
It reminded me of a house. 
I was six.  And it was a cool house... in that 70s sort of way.  … (6 comments)

buyer: Legends of Parkview - Luxurious, New, Bank Owned... - 07/29/09 09:56 PM
Back in February, 2008, I attended an event for agents at Legends at Parkview.  At that time I was impressed with the quality of the homes offered in the community.  I was also impressed with the philosophy of the builder, Sean Mayfield of Mayfield Homes.  I also liked the style of … (0 comments)

buyer: Conversations with Lilburn, GA, First Time Home Buyers - 07/26/09 11:41 PM
I held an open house today in Lilburn, on 590 Baltimore Ave.  During the open house I had the opportunity to speak with several first time home buyers.  The conversations with first time home buyers in Lilburn, GA, were certainly enlightening... 
Keep in mind that the home I as holding open … (5 comments)

 
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Lane Bailey - REALTOR & Car Guy

Lilburn, GA

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Diamond Dwellings Realty

Address: 2078 Teron Trace, Suite 250, Dacula, GA, 30019

Office Phone: (678) 279-4708

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