TAX CREDIT OVERVIEW
Who Gets What?
First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the … (0 comments)
buyers: Homebuyer tax credit extension......almost .........not quite but almost... - 11/04/09 03:10 PM
November, 4 2009 10:15 AM
News on the homebuyer tax credit...the House of Representatives has approved legislation that would extend and expand the credit. The House vote comes after the Senate voted yes on Monday night, and while there is more work to be done, word has it that an agreed … (3 comments)
buyers: I was asked the other day WHY I do short sales......... - 06/21/09 07:54 PM
That is a loaded question. There are several reasons.
Short sales are here for awhile and whether representing buyer or seller experience in short sales is a must.
I was ridiculed when I first started doing short sales....mostly the ridicule came out of ignorance and lack of knowledge. Within a year … (0 comments)
buyers: FHA 203K Loans - 06/12/09 11:22 AM
Buyers have a tremendous opportunity to purchase and to maximize their purchase power with FHA 203K loans.
Divided into two categories...Streamline, $35000 or less needed for upgrades and/or repairs or Full Blown for over $35000 and any structural repairs that might be needed.
The beauty of these loans repairs can be … (0 comments)
buyers: Buying a foreclosed home the best option? - 12/31/08 07:48 PM
Buying a foreclosed home, is it the best and wisest buyer choice?
What you must know about Foreclosed homes.
Foreclosed homes, they are everywhere. You a are a buyer seeking to find the best deal in the market while protecting your financial interests. Is Foreclosed homes the best option?
Depends. … (1 comments)
buyers: Tis the season......... - 11/08/08 11:57 AM
Many think purchasing a home at this time of the year is not a good idea. Most of my buyers have obtained the best deals in pricing and location in past years at this time thru the end of the year.
Yes, I know a recession is going on. Whether you … (2 comments)
buyers: Are Short sales worth the wait? - 06/14/08 10:15 AM
Depends on whether you are the one that wins out!!!
Short Sales are closing!!! They have been some fabulous deals on them.
However, if you are seeking a close within 30 days, short sales may not be the best option.
Can short sales close sooner? In some instances yes, if … (0 comments)
buyers: Should I or Should I not buy into day's market? - 03/29/08 11:24 AM
Let me ask you this.....How much are you paying for rent? How much of a tax break are you getting? How much in taxes do you owe each year? What would be the advantage of you owning a home at this time? Are you happy renting? Do you like yard work? Do you have … (0 comments)
buyers: Home Inspections- Should Seller or Buyer Pay? - 01/13/08 01:46 PM
Everything is always negotiable. From a Sellers standpoint- Having a termite inspection at the very least pre market makes sense. Many times , defects, repairs and other items found can easily be corrected prior to market at a much cheaper price. Knowing the extent of any damage can assist in setting up price and … (0 comments)
buyers: Is the new FHA expansion bill really a good deal? - 09/26/07 12:31 AM
Below is an email I received from Donna Robinson, TREA Director , who is a member of ActiveRain but does not post much. she has given me permission to quote her on her views and stance of the FHA expansion bill. She makes some excellent points . She caught my attention on this matter. … (1 comments)
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Per Christina Stratton, Private Mortgage Banker:
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