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New Opportunities for Buyers Abound In The 203k program - 12/02/09 12:31 PM
In many areas of the country, including Los Angeles County, homes offered through foreclosure or short sales are available at substantially reduced prices. However, many of these homes have been poorly maintained or damaged by previous occupants.
Additional great buys can be found in older, well-established neighborhoods offering excellent schools, shopping, employment and other amenities. But the biggest problem for those seeking this type of opportunity has been having a GO TO organization that has all the details. Unfortunately, most prospective buyers are not aware of how to cost effectively finance both the purchase of the home and the renovation work required.  … (0 comments)

Current Interest Rates vs Waiting For The Best Deal - 12/02/09 11:04 AM
Clients often ask me if we are at the bottom and if not, should they wait a little longer. My response may not be intuitive until you do some numbers crunching, then it becomes very clear.If you're still sitting on the sidelines waiting for housing prices to hit bottom, you should consider that what might be gained from a further drop in housing prices could easily be lost by a rise in interest rates. Rates continue to be volatile and this opportunity might not last long.
 And with first-time homebuyers  eligible for an $8,000 tax credit , which does not have to be … (2 comments)

 
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Mark Sall-Broker Associate

Lancaster, CA

More about me…

Keller Williams Realty-AV

Address: 1401 Rancho Vista Bl Suite B, Palmdale, CA, 93551

Office Phone: (661) 965-4647

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