Archive for February, 2009
Buying a short sale home
Q: What are the pros and cons of buying a short sale home? A short sale typically describes a home being sold with a contingency of the lender or lenders of the seller agreeing to accept less money from the seller than is owned. A positive of buying a short sale home is that [...]
How long does it take to buy a house?
Q: How long does it take to buy a house? How much time it takes to buy a house will depend in large part to you the buyer. How many homes will you view before finding the right home to make an offer on, then negotiate with the seller until you reach an agreement. [...]
Ask someone you trust for a real estate agent referral
The real estate agent you select to help you buy or sell a home is one of most important decisions you will make. The wrong decison will result in frustration, stress and could even cost you time and money. Having someone you trust, perhaps a friend or family member, provide you with a name of a real estate agent they have [...]
Do you get a property survey when buying a house?
Q: Do you get a property survey when buying a house? You are entitled to receive a survey of any real estate you are purchasing. The cost and ordering of the survey is often the responsibility of you the buyer. Depending on the type of financing you are using to purchase your home, your [...]
I bought my home in January 2008, do I qualify for the $7500 tax credit?
Q: I bought my home in January 2008, do I qualify for the $7500 tax credit? Currently the $7500 tax credit is only available for purchases on or after April 9, 2008.
Do I qualify as a first time home buyer?
Q: I understand their is a tax credit available to first time home buyers. What is considered a first time home buyer? For purposes of the $8,000 tax credit a first time home buyer may not have owned a principal residence in 3 years previous to purchase.
Cleaning and fixing will help sell your home
You can help obtain offers from buyers visiting your home and enhance your listing price if you pay attention to those items that need cleaned or fixed. Cleaning and fixing items around the house are two ways a home seller can help their home sell. Cleaning your home for purposes of selling involve cleaning out [...]
Is your rent increasing?
Is your rent increasing? Perhaps now is the time for you to consider purchasing a home. Low mortgage interest rates, new government tax credits and home prices at the lowest levels seen in years make it a great time to buy a home. Talk to a local real estate professional about your personal situation and [...]
Apparently the seller isn’t really interested in selling
If you are a real seller and not just testing the market then those are words you would rather not hear from a buyer. A buyer may feel compelled to speak those words for many different reasons including: They tried to view your home but your showing instructions are rigid and make it nearly impossible [...]
Where can you learn about buying a house?
I recently read a post on twitter where the individual said they were heading to the library to learn about buying a house. The library certainly has a wealth of information about everything including buying a house. You also have a tremendous amount of information available online to help you learn about the house [...]