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Welcome to Rice Ranch and The Woodlands, Central Coast Real Estate
Pam Adkisson
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Realtor, Era Polly Real Estate - and - Hostess, Rice Ranch and The Woodlands. "Your Real Estate Professional" , California Central Coast"
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Copyright © 2010 Realty Times
All Rights Reserved.
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Move-Down Buyers Can Be Eligible For Tax Credit Too
 Move up, move down, move sideways; it just doesn't matter. Whichever direction you move, financially, you may still qualify for the new tax credit available to current homeowners. It is unfortunate that the credit has too often been characterized as a credit for "move-up" homeowners. The phrase carries the implication that the new home must cost more than the sale price of the former one. Indeed, even the November 6 White House Press Release said that the credit would be available to qualified homeowners who "wish to step up to a new home." Same implication.
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Mortgage Rates
U.S. averages as of December 24, 2009:
30 yr. fixed: 5.05%
15 yr. fixed: 4.45%
1 yr. adj: 4.38%
View current rates
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So, it is worth emphasizing that the credit is equally available to homeowners who are moving down, cost-wise.
The move-down homebuyer is not an unusual phenomenon. For years retirees
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Real Estate Resolutions 2010
 Sure you can lose weight, get in shape, launch a business or find a new job. But haven't you also procrastinated long enough about buying a home?
How long has it been since you upgraded your home with a new roof, spiffed up landscaping or pulled some other home improvement?
And that post-World War II ranch home of yours could certainly use a few energy efficient do-overs.
Look to low mortgage interest rates, bargain home prices and other favorable market conditions to give you the resolve to consider home sweet home in your list of must-dos next year.
Join the nearly 18 percent of Americans who say they've resolved to become a first-time homebuyer in 2010, according to a new Move.com survey. That's both a smart move and a timely one. Mortgage rates are at record lows, prices are down and the $8,000 first-time home buyer tax credit has been extended until April 30, 2010. It's also been expanded to include a $6,500 tax credit
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How to Save to Buy a Home
 It can be one of the hardest things to do -- save money for your first home. But now, more than ever, there's incentive to buy. Government housing tax credits have been extended and that's sparking buyers' interest.
Reports show that U.S. homes sales increased 10 percent in October to the highest level since February 2007. The tax credit, less expensive homes, and lower mortgage rates are being credited. However, while the government is helping to support the purchasing of a home, many Americans still can't afford to buy one.
"Most Americans are spoiled. Most Americans spend a lot of money on discretionary items," says Eric Tyson, co-author of Home Buying for Dummies, 4th Edition. "What it really comes down to is you have to be motivated to look at where are you currently spending money and what discretionary spending can you cut off," says Tyson.
So how do you get in a position to buy a home? For some the process can seem nearly impossible. First-time homebuyers are often fearful they'll never be able to accumulate a down payment now that stricter guidelines are being enforced for taking out home loans.
Tyson says to look over your finances and see where things can be cut
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About Pam Adkisson
Compliments of ....Pam Adkisson - Rice Ranch and The Woodlands. Era Polly Real Estate DRE License No. 00997989
HAPPY NEW YEAR 2010!!
FEATURED PROPERTY:
http://www.671Riata.com
671 Riata Lane, Rancho Nipomo Estates, Nipomo, Ca
Gorgeous French Country Estate graciously situated on 10.59 beautiful acres offering fantastic views in prestigious Rancho Nipomo. An entertainers delight,this quality custom built home has it all. A generous family rm w/floor to ceiling rock fireplace,awesome gourmet kitchen, formal dining, bistro/wine rm, music/piano rm, media/game rm, master suite has library/den, exercise rm, lrg walk in closet & Jacuzzi tub. Enjoy Summertime fun in the swimming pool w/rock waterfall & spa & much, much more! CCRMLS# 160263
About Rice Ranch and The Woodlands in Nipomo:
Rice Ranch: we are selling beautiful new homes, about a home a week for the past 13 weeks!! GREAT incentives, up to $25000!
http://www.riceranchcommunity.com/
The Woodlands-The Villas and Monarch Ridge Townhomes: This just in!! UPGRADES!! UPGRADES!! -and $100,000 price reduction on Builder Specials at The Villas!
Visit Monarch Ridge Townhomes today, and experience the lifestyle at The Woodlands in Nipomo! NEW Showcase pricing specials!
We cooperate with Brokers and honor Friends and Family Referrals...stop by our beautiful communities today!
http://www.vrtechmarketinggroup.com/PAdkisson/
Daily News and Advice
Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.
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Pam Adkisson, Realtor - Rice Ranch and The Woodlands - Hostess
E-mail: pam.adkisson@gmail.com
Web: http://www.671Riata.com
805-478-4090 cell |
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Era Polly Real Estate, Rice Ranch/The Woodlands
805-478-4090
Santa Maria/Orcutt, CA 93455
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Equal Housing Opportunity
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