The announcement that the federal government has finally made a formal decision on the extension of the tax credit is good news. As a real estate agent, the last several months have been very difficult (and stressful) for those of us who are assisting first-time homebuyers. With the (original) deadline of December 1 quickly approaching, my [...]
Entries Tagged as 'Real Estate'
Homebuyer Tax Credit is Extended and Expanded – Is This Good News?
November 10th, 2009 · 1 Comment · Consumer Info, Mortgages, Real Estate
Tags: $6500 tax credit·$8000 tax credit·First Time Homebuyer·First time homebuyer tax credit·move-up homebuyer tax credit·Tax Credit·tax credit extension
Foreclosure Affects the Rich and Famous As Well
November 3rd, 2009 · 2 Comments · Consumer Debt, Mortgages, Real Estate
Being rich and famous is certainly no guarantee of future wealth, nor does it protect you from the law, paying your debts, or becoming a victim of the housing crisis. We hear daily about the record number of foreclosures that are affecting consumers across the country, but it is hard to imagine somebody we perceive [...]
Tags: famous foreclosure victims·foreclosure·housing crisis·mortgage debt·Real Estate·rich and famous·rich foreclosure victims
How Do Short Sales, Loan Modifications and Foreclosures Impact Your Credit Score?
September 10th, 2009 · 3 Comments · Credit Bureaus and Scores, Mortgages, Real Estate
I attended a class at my real estate brokerage last week dealing with short sales and other types of “distressed” properties. With the market (at least in the Phoenix area) now comprised of over half short sales and/or bank-owned properties, it is imperative for real estate professionals to be well trained and knowledgeable in order [...]
Tags: credit·Credit Score·deed-in-lieu of foreclosure·FICO score·foreclosure·housing market·loan modifications·Real Estate·Short Sale
First-Time Homebuyer? The Time to Buy is Now!
September 2nd, 2009 · 2 Comments · Mortgages, Real Estate
If you have been following the media circus over the past year or so and in particular, the onslaught of news reports regarding the housing market, it is understandable to be very wary about listening to a real estate agent stating that it is “time to buy”. But the signs are there, and it isn’t [...]
Tags: First Time Homebuyer·housing market·housing recovery·Real Estate·real estate recovery
