buyers: Last Chance For Buyer To Qualify For $8000 Tax Credit - 09/21/09 12:09 AM
In
an effort to stimulate housing demand, President Barack Obama
included a tax credit of up to $8,000 for certain first-time home
buyers in the $787 billion economic stimulus package he signed
in February.
Only
buyers of principal residences who make purchases before December
1 and have an adjusted gross income … (0 comments)
|
buyers: Buyer's Protection When Buying A Property - 07/29/09 07:13 AM
One
of the most common concerns from buyers is the condition of the house. Buyers
do not want to end up with a house that has lots of problems.
To
avoid that, here are five steps to protect buyer's interest in the purchasing
process:
1.
Buyer's own visual inspection. Some of … (7 comments)
|
buyers: Perfect Time To Upsize To A Larger Home - 07/16/09 06:02 AM
Due
to the $8000 federal tax credit to first time homeowners who purchase their
primary residences before end of the year, the demand on houses selling less
than $500,000 is very high causing a short supply on this type of housing. Buyers
who already know their area interests are in a … (0 comments)
|
buyers: Crazy Bidding On Babk Owned Properties - 07/08/09 07:13 PM
Recently
I am seeing bank owned homes received 30-50 offers couple of days
after it was listed. Especially the ones that are in good move
in condition with lots of upgrades.
I
am also seeing overbidding on the bank owned properties at a price
that is substantially higher than the regular … (1 comments)
|
buyers: Market Trend Report Ending June 2009 - Walnut, Diamond Bar, Phillips Ranch & Chino Hills - 07/06/09 07:30 PM
Number
of houses sold last month in June 2009 went up dramatically and the buying frenzy
continues in July.
… (0 comments)
|
buyers: Is It Time To Buy Real Estate? - 06/26/09 07:54 PM
According
to Dataquick's newest report for California 2009 May Home Sales: "The
median price paid for a home last month was $230,000, up 4.1 percent from $221,000
in April, and down 32.2 percent from $339,000 for May a year ago."
Buyers often
ask me whether the market price will … (1 comments)
|
buyers: Why Hire A Real Estate Agent Who Is An Area Specialist? - 06/25/09 12:36 PM
Why
is it important to hire a agent who is familiar with the area
you are buying or selling instead of an out of the area agent
who is a trusted friend?
The
answer may be very simple.
1.
Convenience
Is it easier for a local agent to drive 5 to … (3 comments)
|
buyers: 2008 Base API School Reports - 06/14/09 08:46 AM
Buy
a house in s good school district is one of the main reasons for family looking
for a new home in the summer. The
following is a chart of State's 2008 API school reports for Walnut, Diamond
Bar, Phillips Ranch and Chino Hills to assist buyers who are factoring the … (0 comments)
|
buyers: Market Trend Report Ending May 2009 - Walnut, Diamond Bar, Phillips Ranch & Chino Hills - 06/06/09 04:25 PM
.
… (0 comments)
|
buyers: Housing Price Holds Strong in Walnut - 05/26/09 07:43 PM
Below
is a chart of percentage housing price changes in Chino Hills,
Diamond Bar, Walnut and Phillips Ranch according
to the newest data published by MDA DataQuick, a company that
tracks housing price.
Unlike
most cities in Los Angeles where the 1 year percentage change
are still in the negative, Walnut … (0 comments)
|
buyers: Housing Market Recovery? - 05/24/09 05:44 PM
With the new signs of economic recovery, we are seeing large amount of solid buyers/investors returning to the market with 20% to 50% down payment to look for bargains. The wave of purchase starting in March is causing a huge reduction of available homes for sale and subsequently driving the market … (4 comments)
|
buyers: Market Trend Reports Ending April 2009 for Chino Hills, Diamond Bar, Walnut & Phillips Ranch - 05/24/09 01:16 PM
… (0 comments)
|
buyers: Why Is It So Difficult To Get A Home Loan? - 05/15/09 08:25 AM
This article is found at: http://realtytimes.com/rtpages/20090304_homebuyer.htm
on March 4, 2009
It
seems like every day someone is asking about why it is so hard
to get a real estate loan. Just two years ago anyone, and I mean
anyone, could get a loan to buy a house or condo. Well, the … (6 comments)
|
buyers: How Does Home Warranty Work? - 04/17/09 10:42 AM
Home
warranty is normally purchased by the seller for the buyer covering a year after
close of escrow.
It
covers most interior problems that is not covered by the homeowner insurance
policy including electrical, plumbing, A/C, water heater, pool and spa equipment
depending on the type of coverage purchased.
If
not … (5 comments)
|
buyers: March Selling Madness! - 04/07/09 05:55 PM
After
the passing of the new federal tax credit of $8000 for first time buyers, we
are seeing a crazy frenzy of buying in Phillips Ranch and neighboring cities.
Buyers
with large cash down payment of $100,000 to $250,000 saved in their CD accounts
are coming out to make purchases now. … (4 comments)
|
buyers: Why Is It Better To Stay Away From Un-Approved Short Sales? - 03/24/09 11:31 AM
Recently
I have lots of buyer's inquiries on buying un-approved short sale. un-approved
short sale occurs when the seller owes more money than the house is worth and
the selling price of the house is subject to the lender's approval.
For
un-approved short sale, the listing price is not real because … (7 comments)
|
buyers: California New-Home Buyers Tax Creidt - Upto $10,000 - 03/01/09 03:16 PM
If you purchase a newly built home from March 1, 2009 to March 1, 2010 as a
primary residence, you may be entitled to a new state tax credit for $10,000
or 5 percent of the purchase price, whichever is less.
For example, if you purchase a $1.2 million dollar new … (0 comments)
|
buyers: First-Time Homebuyer Credit - 02/22/09 10:51 AM
President Obama signed the stimulus package on 02/17/09. H.R. 1, is a $787 billion package containing over $280 billion in tax relief and over 300 changes to the IRC.
For first-time homebuyer, if you make a purchase in 2009 (01/01/09-12/31/09), the maximum tax credit is increased to $8000 and the … (0 comments)
|
buyers: 30-Year Fixed Rate Drop To 37 Year Low! - 01/17/09 10:27 AM
According
to Freddie Mac, 30 year moorage rates drop below 5% setting new record for the
lowest mark since 1971.
This week on 01/17/09, the rate dropped to 4.96% down from previous record of
5.01%.
It
is the 11th straight weekly drop that is way below 5.69% at the same time … (2 comments)
|
buyers: To Buy Or Not To Buy? - 01/15/09 03:30 PM
With
the rapid price drop and low interest rate, is this the time to
purchase a home? Here is a list of 4 types of buyers who shall
not consider buying now.
1.
Older couple downsizing. It is financially more favorable to do
downsizing when the market is going up.
2. … (2 comments)
|
;)
;)
