Many times a buyer will find the perfect home and it just needs a some fixes – these home can be purchased with a 203k FHA loan. Although these loans can be tricky and the buyer, agent, lender and yes even the seller should be aware of the process they can be done. Half the […]
Did you know you can still obtain 100% financing? Most of Central Oregon falls into the areas allowed for a USDA home loan (with the exception of the City Limits of Bend). Although the funds are not always available it is a choice you should always talk to your lender about.
Understanding what your payment will include in home ownership, can and will make purchasing a home less frustrating and smoother in the long run. Being prepared as you start your home and loan search is the best advice anyone can give you. Give me a call, I can help prepare you for this exciting time of your life.
Although you may feel like you lost out on a bigger tax return, what would you do with that return? Most of you, if you were honest with yourselves, would spend it in less than a week. The new big screen TV, a newer car, a vacation or carpet for the new house. Am I wrong?
I am amazed at how many people are totally unaware of what the tax credit is and how helpful it can be to a home buyer. The current home buyer tax credit does not just benefit the first time home buyer but any homebuyer. Below is a quick list of qualifications for the home buyer […]
Many home buyers are scrambling to find the perfect home and close escrow before the November 30, 2009 deadline. The current First Time Home Buyers Credit is slated to end on November 30, 2009.
It has often been said that not all agents are equal. As a buyer or a seller you have the opportunity to work with anyone you choose to. Many times as a seller’s agent I am asked about a commission rate, and although I can be flexible and work with my seller to see what works under each circumstance.
# I found a short sale but discovered there are past due bills – who is responsible? Several homes that are bank owned or short sale have past due Home Owner Association dues, water and /or sewer bills and so on. The answer is not as simple as you would think. It depends on how you write your offer and how much research you and or your agent do.
There is a lot of information circulating about the First Time Home Buyer Tax Credit of up to $8,000 that is included in the Stimulus Bill, including using it for down payment. First of all, at the present moment in time, it cannot be used for the down payment, even though the Secretary of Housing and Urban Development, Shaun Donovan, said it would be available in a recent speech to the National Association of REALTORS®.
Many of Central Oregon home buyers I have worked with this year are first time home buyers. A first time home buyer is someone who has not owned a home in 3 years. Many of these buyers are benefiting from the new taxcredit of 10% of the purchase price or $8,000.