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.
Not All Agents Are Showing All The Listings!
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.
The $8000 First Time HomeBuyer Tax Credit
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®.
The Bank Answers – Short Sale
Buying a short sale can be a great investment, however, everything depends on the bank’s response to your offer and any other offers. One of the trends I am seeing is listing agents listing a home at a price that is so much lower than everything else on the market it can not help but bring in offers.
Short Sales Are Like Pretty Woman
A couple of my buyer clients are participating in short sales. They have done their home work, they know it can be a sit and wait just to have to hurry up at the final approval (if it ever comes) approach. One Buyer in particular is buying while living half way across the country – […]
La Pine Short Sales and Bank Owned Properties
Many buyers are looking for the “deal” many of the homes currently on the market that attract the most attention are known as short sales. A short sale occurs when a seller owes more than the home the market will support. One of the most common misunderstandings is that the home is worth less than […]