This is the latest Newsletter sent to my clients and friends! Thank you for reading!!!
To My Clients, Friends and those interested buying or selling a home,
It is now February and 40% of the time given to extend the first time buyer's credit is already gone. We have only 120 days to open escrow in order for first time buyers to receive $8,000. "FREE" from the government! The same amount of time is left for all buyers that have owned and lived in the same home for 5 of the past 8 years. Yes you will also get "FREE Money" $6,500. Buy a home now & "Help your Family, Neighbors & Country!"
- Multiple Offers - Well priced homes are garnering 12 - 25 offers as they hit the market.
- Home Prices & Interest Rates - Home Prices have already began to stabilize and rise! Interest Rates are expect to rise towards 6% later in 2010.
- Waiting could be costly - Waiting for more money down or the perfect time to buy could be costly! After June 30, 2010 there will no longer be that tax credit incentive, prices may rise, interest rates may rise, you will lose the write offs too.
- Finding a home won't be easy - They are predicting that 1,100,000 buyers will enter the market to take advantage of the $6,500. for home owners buying another home to take advantage of the program. Millions of First Time Buyers are now out looking as well!
- Major Investor News - They have reversed the "Flip Rule" and investors can buy a home and sell it immediately to any buyer. Previously an investor needed to wait 90 days to sell using FHA funding.
- The Recession - The real estate crash lead us into this horrendous recession and the recovery of the real estate market is now leading our way to the recovery. Job losses have slowed down, companies are anticipating more hiring later this year. Lenders are now attempting to stop home owners from going into foreclosure!
Selling a home is beginning to make sense. Move up buyers can benefit from the current market!
Help your family, friends & neighbors by letting them know that preventing a foreclosure is important.
Remember that about 70% of all that lose their home to foreclosure "never" talked to their lender, family or friends. Be the one that start the conversation. I am committed to preventing foreclosure one home at a time!
Tony Lewis is a C.D.P.E. - Certified Distress Property Expert.
I am trained to advise a home owner in a Distressed Property
I'm trained as well to work with Banks and Lenders to prevent foreclosures & Short Sale the home!
A Short Sale has very little impact on ones credit as compared to a foreclosure.
Friend Don't Let Friend's Lose their home. See all Bank Owned Homes in the Santa Clarita Valley.
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Where to "Eat, Shop & Play" in the Santa Clarita Valley! Check out the "Annual Events & Things to do" in the Santa Clarita Valley!
I am here for you so call with any questions or concerns about real estate! Let's get out and find your new home! Know anyone that needs a local professional to list their home? Refer them to me, I'll make you proud!
Your Friend & Realtor, Tony Lewis * RE/MAX of Valencia * www.TonyLewis.com tonyglewis@yahoo.com Cell Direct 661-510-7975
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