You Can Still Beat the Home Buyer Tax Credit Deadline! - 09/25/09 10:23 AM
Yes time is ticking but it is not too late if you are a  determined first-time home buyer to take advantage of the $8,000 federal tax credit, which expires Nov. 30.

To identify those properties that can close by the Nov. 30th deadline for the home buyer tax credit prior to sending a lot of time viewing them, ask these important questions that aren't likely addressed in the listing. These can include:
Is there mold?A need for extensive repairs?Aging systems or appliances?Troublesome neighbors?
Buyers should factor in these questions before making an offer:
How long has the property been on the market?Have there been … (2 comments)

Trying to Avoid Foreclosure? Scams to Watch - 09/18/09 09:55 AM
Here's how the most common foreclosure-prevention scams work:
The desperate home owner gets a letter that says something like, "We know you're having a hard time. We have a pipeline to your lender and can help you save your home. Call this toll-free number now."
Home owners call the number and agree to pay $1,200 to $1,500 upfront for help with their mortgage. Nothing happens. Their home still goes into foreclosure.
Harold Kirtz, a lawyer for the Federal Trade Commission who is prosecuting these scammers, says victims are often well educated and financially savvy, but they also are "in a very … (2 comments)

Buying a Condo? Don't Skip These Steps! - 09/17/09 10:14 AM
It you like the trendy, city-chic condominums found in many metro areas and you want to be sure to take advantage of the low prices found in this great Buyer's market, make sure your eyes are wide open in making a condo purchase.  If you are contemplating purchasing a condominium, be sure to review a long list of documents for the Home Owner's Association (HOA) and other information to make sure that the property you are considering is a solid buy in this challenging market.

The following information is at the top of the must-consider list from condo HOAs:
Budget. Examine the current budget, … (1 comments)