Strategies for Selling Your Home

“Strategies for Selling Your Home” unlocks the secret of the most important element of selling a home. Get the DVD http://ping.fm/t760O

05/29/2009 HUD Announcement Regarding $8,000 Tax Credit

Click the hyperlink below to read the HUD announcement regarding the use of the $8,000 tax credit at settlement toward the settlement costs for first time home buyers.
As with all financial decisions, be sure to consult with your financial and/or tax professional before making any decisions.
HUD Announcement

$8,000 1st-Time Home Buyer Tax Credit Details

$8,000 Tax Credit for First-Time Homebuyers:

The original Senate proposal was for a $15,000 tax credit for all purchases of homes. The new stimulus package contains an $8,000 tax credit restricted to first-time homebuyers. Here’s a breakdown of the legislation signed:

The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.

The [...]

Pricing Your Home – 9 Factors

December 2008 Sales Up!

As December 2008 residential real estate resales results were reported, a surprise was in store as sales were up. Reports indicate that buyers are taking advantage of lower prices and 45% of the sales were of foreclosures and short sales. A short sale occurs when the seller agrees to take less for the property than what [...]

Welcome 2009, Goodbye 2008

As we welcome a new year, we say goodbye to the old one happily. The real estate industry is happy to turn this page and we remain optimistic for a rebound in the industry. Rates are very low in the 5’s and prices are great, so it is a great time to buy a home.
Economic [...]

Residential Resale Market Climate October 22, 2007

While September’s inflation figures came in low, new home starts and building permits were down last week. Industry analysts are predicting higher foreclosures rates ahead as approximately 500,000 homes face interest rate adjustments that may add to the already record high rate of foreclosures. The addition of inventory due to foreclosures may impact resale market prices due to [...]