Buyers and sellers of real estate always have numerous questions, as they should. Buying or selling a house is the single largest financial transaction most individuals are likely to undertake in a lifetime.
Questions relate to traditional concerns that include pricing, marketing, funding and financing, negotiations, property condition and preparation, repairs, and escrow. more recently, as if we did nor have enough that needed explaining, current economic conditions have added additional terms and conditions that need definition and explanation. Clients are now asking about inventory, days on the market, short sales, foreclosures, and stimulus (American Recovery and Reinvestment Act) funds.
And since as real estate service providers, we are always seeking new and improved ways to communicate with and educate our clients, we are happy when we get our hands on some new tool or training materials that will help us in this endeavor. I am happy to have received recently, a link to a delightful, short video on YouTube, compliments of Keller Williams, that helps explain the availability of a great government incentive for first-time home buyers. Learn who qualifies for the new tax credit: New Tax Credit- Who Qualifies?
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Eloise, First Time Home Buyers have a lot of choices right now, that is why it is important for those of us in the industry to be on top of everything, so that we can give them enough information for them to make the right decision.