Showing posts with label bank owned homes. Show all posts
Showing posts with label bank owned homes. Show all posts

Tuesday, September 8, 2009

It’s a Jungle – Being a Buyer in this Market - "feeding frenzy"


For Buyer's who are trying to make sense of today's crazy real estate market.
IT'S A JUNGLE OUT THERE! a "feeding frenzy" and the survivors only reap the profits. With multiple offers, contract acceptance times running anywhere from a few days to months, appraisals not coming in and with the loan programs changing almost daily. This is a market where only the well thought out plan will survive. FHA Buyers mine as well wrestle an alligator. The Feeding frenzy is here and has been here,with the majority of homes available being short sales, all with multiple offers over asking, what's a buyer to do? Especially at the lower end of our market There is no room for slow decision makers, or indecisiveness if you want a home.

With all of that said, it doesn’t mean that it’s a bad time to buy,it's a GREAT time to buy, interest rates are low and the market is affordable more then ever.The reality is, there are still a lot more short sales and foreclosures and the banks are not really making the effort to make the process any easier, which is why the market, for many, is so complicated.

Now more than ever it is important to have a Realtor you can trust, one that has your best interests at heart, an alligator wrestler, a CNE Certified Negotiation EXPERT.
Give me a call Linda 602-391-8246

Thursday, April 30, 2009

First Time Home Buyers Need to Purchase Now to Qualify for Tax Credit

Federal Tax Credit for First Time Home Buyers is Contingent on Closing Home Sale by November 30th.

Time is running out for home buyers looking to purchase their first home and qualify for the $8,000 Federal tax credit. According to the National Association of Home Builders (NAHB) first time home buyers looking to purchase a new home in 2009 and take advantage of the $8,000 first time home buyer tax credit, should do so immediately in order to qualify. The Federal tax credit is contingent upon closing the home sale prior to the November 30th deadline. full story..