October's Story

By
Real Estate Agent with Keller Williams Realty Professionals MN Broker #40288835

 

     October’s big Real Estate story will be the expiration of the $8,000 tax credit on November 30th for eligible first time homebuyers. Since most transactions  are taking a minimum of 30 – 45 days to close after an offer is made, buyers who need financing will need to sign a purchase agreement by the end of October 2009 in order to close their loan by the Nov. 30 deadline. Buyers who are hoping to utilize the $8,000 tax credit should be only making offers on properties that are able to close quickly and do not require bank approval. We do not know whether an extension on the tax credit will take place – or what that opportunity might look like – we only know how things are right now.

     Buyers do not delay; you may be gambling away $8,000. We are also in a rare period of low interest rates, low prices, abundant inventory and down payment assistance programs – there's no better time to buy in our area of Minnesota. If you are looking in the Brainerd Lakes area of Minnesota, I have properties in all price ranges from county to city to lake. Many more are coming on the market so if you didn’t find what you wanted before, do give me a call. I will find your dream home for you. 80 acres of Hunting land adjoining State land and a 15- 25 acre rural parcel will soon be listed along with a 5 bedroom, 2 bath, 3 car just a few miles North of Baxter.  A 3 bedroom on 7.5 acres and a 2 bedroom/2bath/ 2 car in town also are upcoming.

    If your home is not selling and you want to try something different - give me a call at Keller Williams Realty Brainerd Lakes.  I will help you get your home show room ready,  priced for this market and sold.  The home that shows the best, is heavily marketed and priced correctly will sell first.

 

 

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Welcome from the Brainerd Lakes - where outdoor and indoor recreational opportunites abound. Looking to buy on one of our many lakes? Ready to move up or down?  Having trouble selling your home? 

Call me!

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Rainmaker
117,094
Ann Sabbagh
Seacoast Mortgage Corporation, RI (20021119LB & 20031576LL), MA (MC2107) & CT - Pawtucket, RI
President, Sr. Loan Officer

SO many buyers are on the sidelines thinking the credit will be extended.  Those who wait, lose!  Thanks for the post!

Oct 20, 2009 02:22 PM #1
Rainmaker
290,929
Kathleen Lordbock
Keller Williams Realty Professionals - Baxter, MN
Keller Williams Realty Professionals

Ann - it may be extended, it may not be, it may be for another group - price- whatever.  Those who wait - may well lose.

Oct 20, 2009 02:31 PM #2
Rainer
414,058
Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

Great post, as usual you did a great job. Have a great week and sell a bunch.

Oct 21, 2009 03:58 AM #3
Rainmaker
3,985,753
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have a buyer that has been on the fence for some t ime now and NOW decided she wants to start.  It going to be close.

Oct 24, 2009 02:20 AM #4
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Rainmaker
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Kathleen Lordbock

Keller Williams Realty Professionals
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