Do you really understand the $7,500 Tax Credit for FTHB? - 07/31/08 09:43 AM
First Time Home Buyers Tax Credit
Resources to
Help You Promote it to Consumers
After months of intensive
rangling and lobbying by both side of the aisle the president yesterday
unceremoniously signed the housing stimulus package into law.
This milestone legislation is supposed to help provide an
enormous boost to … (17 comments)
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What to do when the Poverty Pimps (ACORN) Show Up - 07/29/08 09:32 PM
Strong ARM Tactics by some
pretty seedy people; ACORN
As if this business hasn't
become difficult by it's own right. Appraisal values coming in lower every day.
Buyers wanting the so called best rate possible because they have no clue that
rates have been so low for so long that … (2 comments)
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Safety & Security Tips for ALL REALTORS® - 07/28/08 12:58 PM
• Always let someone know where you are going and leave the name
and phone number of the client you are meeting.
• Have someone from your office call you every half hour or check
in with your office every half hour. Designate
one person in the office as
the point … (5 comments)
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Websites Every REALTOR® Needs to Know - 07/27/08 02:06 PM
Studies indicate that over 80% of today's home buyers visit the Internet long before seeking the professional assistance of a REALTOR®. This means that, thanks to popular realty-themed websites that compete for your business, your clients are already armed with more information than ever before.
That's why today's savviest … (5 comments)
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Options to Avoiding Foreclosure - 07/26/08 03:21 PM
Short Sales; and other options to avoid foreclosure
Short Sales; and other options to avoid foreclosure
If you are in trouble and can’t keep your home, you may
want to consider the following foreclosure options.
Property Disposition Options: If you are not interested or
are unable to retain homeownership and … (7 comments)
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There are better things to die for! Your House Need Not Be One. - 07/25/08 09:45 AM
I was deeply saddened by an article on the Fox News website titles;
Massachusetts Woman Commits Suicide Before Home Foreclosure
Apparently she was so distrought with her lifes circumstances that she chose to end her life and chose to use the foreclosure of her her home as the reason given. This … (7 comments)
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8 things to consider before breaking your ARM. - 07/18/08 10:51 PM
I chuckle at
the "scare ads" on the radio and TV imploring people to refinance out of their
Adjustable Rate Mortgages now while they still can. You know the ad, the one
that tells you would be a fool not to refinance today.
First of all,
people refinance to save … (2 comments)
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5 Easy, Inexpensive Ways to Add Value and Comfort to Your Home - 07/18/08 10:03 PM
When the housing market is hot, it seems like just about any project is a good investment for boosting your home's value and appeal. But when the market's tight, you want to be more selective about which projects you undertake and what you expect to gain in return. There's nothing worse … (0 comments)
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Don't Pass Up on Free Money - 07/18/08 08:58 PM
Don't Pass Up on Free Money
Stock and bond funds in 401(k) accounts have taken a beating this quarter, leaving many investors worried about their long-term financial goals. A recent USA Today article, however, revealed something much more worrisome: almost half of all Americans 25 to 34 years-old are not saving … (8 comments)
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Expect the Next Round of Foreclosures in January 2009! - 07/18/08 08:36 PM
According to CoreLogic, nearly 300,000 subprime adjustable-rate mortgages (ARMs) are scheduled to reset throughout the summer months of 2008. For many borrowers, this means higher monthly mortgage payments with a rate increase of 1 or 2 percentage points -- or more in some cases -- when their loan adjusts.
… (5 comments)
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IRS Increases the Standard Mileage Deduction - 07/18/08 08:24 PM
Rocketing gas prices this year have prompted the Internal Revenue Service to increase the standard mileage-rate deduction for qualifying business-related driving expenses by 8 cents per mile. This means that the rate in effect for the first half of 2008 (January 1 to June 30), which is 50.5 cents, will jump … (5 comments)
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Beware of Sky-high Airline Fees - 07/18/08 08:04 PM
The major airlines are doing anything they can to cut costs and increase revenue as they struggle with record jet fuel prices. Measures include massive lay-offs, decreasing the number of domestic and international flights, increasing airfares, and tacking on additional fees. You've probably heard about fees for second and even first … (5 comments)
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Is is a "Crisis" or is it simply a "Correction"; You Decide. - 07/15/08 09:48 PM
Is the media responsible for the so called mortgage meltdown? Is it the Wicked Loan Officer who tricked the buyer into mortgaging their home with their magic potion, or is it the sleazy Realtor? Don't forget the State Licensed Appraiser who will assign a value for a steak dinner, then there … (3 comments)
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$7,000 for Down Payment if you are a First Time Home Buyer in Raleigh! - 07/12/08 04:07 PM
A first time home buyer (FTHB) may qualify for up to $7,000 in money for the down payment of their first home so long as they otherwise qualify for a mortgage to obtain that home!
The definition of a FTHB is anyone who in the past three years hasn't owned a … (0 comments)
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Make your voice heard today! Save the Down Payment Assistance Programs - 07/07/08 08:46 PM
HUD has proposed yet another rule trying to eliminate charitable down payment assistance programs like AmeriDream, Nehemiah and other Down Payment Assistance Program which are Seller Funded!
This action will prevent nearly One Million qualified homebbuyers across America the opportunity to own a home. Take action today and tell HUD the … (12 comments)
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NCHFA Announces 5.99% For First Time Homebuyers! - 07/07/08 02:35 PM
NCHFA Announces 5.99% for First Time HomeBuyers For a 30-year, fixed-rate conventional mortgage with a 90-day lock in! NO POINTS!For the longest time, the North Carolina Housing Finance Agency (NCHFA) was offering rates that were comparable to or in some cases greater than the then current market rates! In some cases they … (2 comments)
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Important Economic Indicators for July 2008 - 07/07/08 11:02 AM
… (3 comments)
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California's Housing Market Finds Itself in Dire Straits - 07/01/08 06:16 PM
California's Housing Market Finds Itself in Dire Straits
While the underlying demographics for housing remain strong in California and are expected to gain even greater strength as its population continues to grow, the immediate outlook is grim and the industry remains in dire straits, representatives from the California Building Industry Association (CBIA) … (1 comments)
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Builders say Home Buyer Tax Credit Key To Reviving Housing - 07/01/08 10:50 AM
… (2 comments)
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