wyatt team: Lubbock homes Tax breaks
- 01/09/12 12:00 PM
View all Lubbock Real Estate here: Lubbock Homes By Tara-Nicholle Nelson Inman News® Share This CORRECTION: The original version of this article contained an error, and the article has been updated with a correction. The Internal Revenue Service reports, in Publication 530, "You cannot deduct transfer taxes and charges on the sale of a personal home." Q: We bought a house this year! We put $33,000 down and the bank financed $28,000. Can I write this off on my 2011 taxes? How much of it? A: First things first: Congratulations! You've become a homeowner, and seem to have done so using an … (0 comments)
wyatt team: FHA Funding Flips-Lubbock Real Estate
- 12/30/11 06:58 AM
View all Lubbock homes for sale here: Lubbock Homes FHA will keep funding flips Waiver for 90-day resales extended through 2012 By Inman News Inman News® Share This For the second year in a row, the Federal Housing Administration is extending a temporary waiver of its "anti-flipping" rule, meaning homebuyers relying on FHA-insured financing will continue to be able to buy homes that have changed hands in the last 90 days. The waiver is a boon for investors seeking to rehab and flip properties, because it expands the pool of eligible borrowers to include those relying on FHA-backed loans, popular with first-time … (0 comments)
wyatt team: Good News for Lubbock Homes
- 12/27/11 07:27 AM
Lubbock Homes for sale Sales ticked up for existing homes and new homes, several real estate market indicators revealed last week, pointing to a housing market that may finally be entering recovery mode. In the most recent report, the Census Bureau reported that the new-home market continued its rebound, with sales of new houses once again inching up last month. New-home sales rose 1.6 percent from October to November to an annualized rate of 315,000, and sales were up nearly 10 percent compared to November 2010. The median sales price of a new home in November was $214,100, the Census Bureau … (0 comments)
wyatt team: Lubbock Homes-Which Incentives Attract Buyers
- 12/20/11 12:22 PM
View all Lubbock Homes Here: Lubbock Homes for Sale Sellers trying to get buyers attention are offering up plenty of incentives, everything from closing-cost assistance to remodeling credits — even hot tubs, home theatre systems, flat-screen TVs, and cars, reports The Washington Times. But these incentives “don’t actually make the deal,” says Michael Labout, regional vice president for the National Association of REALTORS®, who recalls one seller who offered up his 1970s Cadillac El Dorado in a real estate deal. “They’re as much to get buyers and agents to look at a house as anything.” But sellers may be convinced that … (0 comments)
wyatt team: Vendor License in Lubbock, Tx
- 12/16/11 09:39 AM
By TOMMY MAGELSSEN AVALANCHE-JOURNAL A growing feud between Chimy’s Cerveceria and a street vendor reached its peak Wednesday when the Lubbock City Council voted to require all vendors wishing to operate in a city parking space to get a street-use license. Pete Gotsis, owner and operator of Pete’s Curbside, said he used to set up his food cart on a sidewalk close to the restaurant on Broadway. For two years, the pair coexisted in relative harmony, Gotsis said, with the mobile food cart even providing free food to some of Chimy’s employees as a way of saying “thanks” for letting him sell … (0 comments)
wyatt team: Lubbock homes and the Holidays
- 12/06/11 05:25 AM
Lubbock Homes Realtor.com survey: Holidays are 'good time to sell' Real estate pros say 'tis the season for more serious buyers, less competition By Inman News Inman News™ Share This Most real estate professionals always advise sellers to list their homes during the holiday season rather than waiting, citing more serious buyers and less competition among properties, according to a recent survey from Realtor.com. The property search site's Holiday Home Selling Survey gathered responses from 429 real estate professionals surveyed online between Oct. 26, 2011, and Nov. 8, 2011. The "holiday season" was defined as Nov. 23, 2011, to Jan. 2, 2012. … (0 comments)
View all Lubbock Real Estate here: Lubbock Homes By Tara-Nicholle Nelson Inman News® Share This CORRECTION: The original version of this article contained an error, and the article has been updated with a correction. The Internal Revenue Service reports, in Publication 530, "You cannot deduct transfer taxes and charges on the sale of a personal home." Q: We bought a house this year! We put $33,000 down and the bank financed $28,000. Can I write this off on my 2011 taxes? How much of it? A: First things first: Congratulations! You've become a homeowner, and seem to have done so using an … (0 comments)
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