The biggest question hovering around these days is, have we hit bottom? Whether this question be a general question regarding the recession or the real estate market, we have to ask does it matter? Whether we hit bottom a couple of months ago or are going to hit it a couple of months from now, … Continue reading Does It Really Matter if We’ve Hit Bottom?
Does It Really Matter if We’ve Hit Bottom?
Posted in Consumer News, First-time Homebuyer, First-time homebuyers, Local Real Estate News, real estate Tagged Foreclosures, repost Comments closed
Real Estate Appears to be Leveling Out
A recent report shows improvement in real estate across the country. The well known S&P/Case-Schiller index shows that the 10 city index and the 20 city index a marked improvement in real estate in the majority of cities that it tracks. What the reports displays are small improvements or minimal devaluation in home values. Home values … Continue reading Real Estate Appears to be Leveling Out
New Home Buyer’s Tax Credit is now in effect!!
Tax Credit for Homebuyers (First Time and Previous Home Owners) First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of … Continue reading New Home Buyer’s Tax Credit is now in effect!!
Posted in "Green" Living, buyers, Certified Distressed Property Expert, Economic Stimulus, Energy Savings, First Time Home Buyer Tax Credit, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, Foreclosure, real estate news, Uncategorized Tagged Home Buyers Tax Credit Comments closed
President signs Expanded Tax Credit For Home Buyers
On Friday, President Obama signed the Expanded Tax Credit Bill, it’s offical!! On Wednesday the senate passed an expanded tax credit. The First Time Home Buyer Tax credit has been seen as a huge What is new and improved with the extended and expanded tax credit? The new and improved tax credit is still for … Continue reading President signs Expanded Tax Credit For Home Buyers
Posted in buyers, Economic Stimulus, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, Local Real Estate News, real estate, Tax Credit Tagged repost Comments closed
Homebuyer Tax Credit Extension, Will it Happen?
There is a LOT of misinformation out there right now as regards the status of NAR’s efforts to extend and expand the homebuyer’s tax credit. Between inaccurate reports in the media and the speculative discussions around the office water cooler and through various social media networks, the variation of stories continues to grow. As of 2:30 p.m. this afternoon, here … Continue reading Homebuyer Tax Credit Extension, Will it Happen?
Posted in Economic Stimulus, First-time Homebuyer, Local Real Estate News, real estate Tagged Homebuyer Tax Credit Comments closed
Forecast Expects Foreclosures to Decrease in Coming Year
The latest data released by UFA L.L.C., a firm located in Ann Arbor Michigan that researches mortgage activity, states that foreclosures are expected to decrease in the next year. After four years on the rise there is no doubt that it will be nice to see foreclosures start to subside. Improvements in the foreclosure arena … Continue reading Forecast Expects Foreclosures to Decrease in Coming Year
Posted in Consumer News, Foreclosure, Local Real Estate News, real estate Tagged repost Comments closed
Anatomy of a Short Sale
A short sale is the selling of property to avoid foreclosure, the catch being that the property is being sold for less than the amount owed on it. What makes a short sale tricky is that the sale price is not up to the seller, the lender has to agree to the purchase price. The … Continue reading Anatomy of a Short Sale
Posted in Short Sale Comments closed
