Wednesday, November 4, 2009

Senate supports Home Buyer Tax Credit Extension

The Senate is in support of the Bill to not only extend the First Time Home Buyer Tax Credit but to also expand it to "move up" buyers as well.  The Bill will now move on to the House and we're hoping it will be fast tracked and reach the President by as early as Friday.  CNN.com offers additional details: http://money.cnn.com/2009/11/04/news/economy/Extending_unemployment_benefits/index.htm?postversion=2009110418

DON'T MISS OUT on your dream home!

I like to show buyers as many homes as they want to see.  Pulling the trigger can be tough.  I know today's buyers are smart and they want the best deal for their money! When you find your dream home (the perfect yard, house in great shape, good neighborhood)...DONT MISS OUT!  Have the courage to make a fair offer.  A popular home selling strategy is to price slightly under market value to generate maximum buyer interest.  Don't be afraid of "multiple offer" situations.  Use the guidance of your real estate agent to make your best offer right away (one that's within your budget and fair in today's market).  "Low balling" in a multiple offer situation is a waste of your time and a strain on your emotions. 

Tuesday, November 3, 2009

Will 'Move Up' buyers be eligible for the home buyer tax credit?

There's talk that (in addition to the possibility of an extension on the first time home buyer tax credit) the tax credit may also be opened up to "move-up" buyers...(meaning those who have owned their home for at least five years). Check out the following link for more info: http://ow.ly/yU5x