October 13, 2009
November 30th is fast approaching and is the deadline for the First Time Homebuyer Tax Credit of up to $8000. There is still time to take advantage of this opportunity if you do not currently own a home and have not owned one in the last three years. There are income limits but the large majority of first time buyers do qualify for the full amount. There is talk of an extension or for some new program to replace this one, but there is no guarantee that this will happen. In fact, there have been statements made that the Obama adminstration is not looking for any more stimulus like this. So, to be sure you benefit from this opportunity, you must act now! If you need help, or more information, please contact me.
June 23, 2009
Real Living has introduced a new offering available to Buyers using Real Living agents, like myself, who get their new mortgage through Real Living Mortgage. There is an added benefit for buying a Real Living listing - an extra year of coverage or 24 months total. The intial coverage for using a Real Living agent and geting a Real Living mortgage will provide protection for up to a year and pay 6 months of mortgage payments up to $1500 if the buyer loses their job involuntarily. Real Living mortgage is an affiliate of Wells Fargo. This program can also be a benefit to Sellers listing with me as their property becomes eligible and will be attractive to Buyers wanting this protection. There is much more detailed information available on this program, so contact me and I will provide it.
February 10, 2009
In today's market, many people think that it will take months to sell their property. I can tell you that many of the best ones sell very quickly, often within a few days of going on the market. If the home is in a range first time buyers can afford, is well maintained and decorated to appeal to many of these typically younger buyers - it can sell fast. The type of decor that seems to get my young buyers attention is the "Pottery Barn" style and colors. It must be marketed on the internet with as many pictures as possible, as that is how it will be seen by the most buyers in the least amount of time. Many saavy buyers and their agents have searches set up to alert them as soon as a property meeting their specifications comes on the market. This is why the pictures are so important - they will judge immediately whether it is a house they want to see in person. The buyers must be preapproved and ready to act when they find the right one, as any delay can result in losing the house to someone else. This may sound like what happens in a seller's market, instead of in today's well publicized buyers market but in the last month, I have personnally been involved in three multiple offer situations, all within the first days the houses were listed for sale.