Light Bulb Moments! - 11/17/09 08:07 AM
Not sure how long I've been actively participating in AR but the benefit I've received has been tremendous.  No, no sales or referrals at this point but plenty of education that has helped me in my business. Below are three items I picked up.  My hope is that they will help you as well.
1. Pricing my listings.  Don't remember who I read but he made a good argument for pricing his listings at the break points.  For example, instead of $149,900 it is $150,000.  Instead of $174,500, it's $175,000.  Once you get around the "psychological" barrier of the $9.99 mentality it makes sense.  For … (2 comments)

Home Buying Steps One and Two - 11/10/09 08:37 AM
Okay, so you're a first time home-buyer.  You're tired of paying rent and decide its time to take the plunge and buy your first home.  You realize the market is down so home prices are the lowest they've been for some time, you see homes for sale on every corner of your town so you know selection is good and you've heard that interest rates are pretty decent as well. So where do you go from here? If you want to avoid looking like the guy in the photo I suggest the following two steps in getting started!!
Step one - … (0 comments)

First Timers Get A Second Chance! - 11/09/09 08:59 AM
Extra! Extra! Read all about it!!  Good news for the housing market!! The first time homebuyer tax credit has been extended and broadened.  Signed into law on November 6, 2009 the bill contains the following provisions: 
If you are a first time home buyer - meaning you have not had interest (ownership) in a principal residence for the last 36 months, you may be eligible to receive a tax credit of up to $8,000.  The amount is $8K or 10% of the purchase price of the home, whichever is the smaller amount, provided you fall within the income parameters which have been increased to $125K for … (1 comments)

New Proprosed Tax Credit - 11/04/09 12:50 PM
While most know the general parameters of the current first time home buyer tax credit that is set to expire this November 30th, not every one is aware of what is in the works.
According to reliable sources the bill which will be voted on in less than a week has the following provisions for home buyers:
First time home buyers will be eligible for up to $8K if there is contract on or before April 30, 2010.
The annual income limits have been adjusted upward to $125K for single buyers and $225K for married couples.
Plus, the new agreement would … (3 comments)

 

Tom McClaren, Realtor, ABR, GREEN

Hertford, NC

More about me…

RE/MAX Land & Home Specialists, Edenton, NC

Office Phone: (252) 482-2028

Cell Phone: (252) 562-2073

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Anything and everything about real estate from selling to buying to negotiating.


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