The Hawaii Team Real Estate Blog
Why the ending of the Federal Home Buyer Tax Credit is a good thing………
As most of you know, the end of the tax credit is just a few short weeks away on April 30, 2010. Under the guidelines, you have to be “under contract” by April 30, and then close the transaction by June 30, 2010 in order to receive the either $8000 First Time Buyer credit or the $6500 Move Up Buyer credit.
Showings But No Offers
In this market, sellers now realize that every showing counts, and then counts some more. In fact, nothing is more frustrating for the seller and the realtor than getting a lot of showings, but no offers or nibbles. The question then becomes: “Why is this occurring, and how many showings are normal before getting an offer?”
Down Payment Assistance (DPA) (Part 3 of 3)
In my previous 2 Blogs on DPA, I discussed and tried to dispel some of the myths surrounding down payment assistance. In addition, I highlighted some of the key factors in determining what it takes to qualify for DPA. Today, I will address who are the agencies out there who offer DPA and how doing a little research can help in deciding which program you should consider and how to find out if your lender works with that agency.
What To Do If You Are Not Getting Offers On Your Home
Fuller Sotheby’s Agent Dan Polimino talks about what sellers should do if they are not getting an offer on their home that is for sale. In this weeks market update Dan gives people trying to sell a home some tips and how they can get more showings and how to get an offer to their home quickly.
Been told your credit score is not good enough?
So you are sitting on the sidelines right now missing out of the $8000 First Time Home Buyer Tax Credit because someone at the bank told you that your score was not good enough to buy right now. The banker probably did not provide much more information other than you “need to fix your credit and pay your bills on time” if you want to buy a house.
Attention all First Time Home Buyers…Do you know if you are maximizing your Federal Tax Savings?
Sure, as a new home buyer you are going to get your $8000 tax credit for buying a home (provided you close before the deadlines) and you will begin to “itemize” your tax deductions (real estate property taxes, mortgage interest, and points) going forward each year. All of these can potentially save you allot of money on your federal taxes which one of the many reasons people chose to buy rather than rent.
I’ll Wait To Sell
You don’t have to sell your home right now. You would like to, but you can wait until the market turns around and you have a better chance at getting a higher price for your home. I don’t blame you and if you don’t have to sell right now, then don’t.
How Do You Want Your Real Estate?
As a student of marketing, I am constantly fascinated by the data that reveals how people purchases things. There clearly has been a major paradigm shift in the way people find and buy real estate. When I do consulting, I always tell the companies, "Let's not guess...
The Stimulus
My brother is in charge of North American sales for the world's largest concrete and cement manufacturer. If anyone would have a good perspective about the stimulus plan from the Obama administration, it would be my brother. You see, the idea of the stimulus plan was...
The State of Lending
What is the state of lending these days? Does anyone really know? I speak with lenders all the time and I seem to get a different answer or different points of view with each one of them. It's not that I think they don't know the answer, but I honestly believe that...
I have looked at over 100 Homes
I heard these words come out of a buyer's mouth the other day, "I have looked at over 100 homes and still have not found my perfect home." I cringed when I heard that sentence and thought to myself, "If she has looked at 100 homes and still has not found her perfect...
What Is Your Syndication Model
No question, the internet has changed the face of real estate and everyone seems to be scrambling, trying to figure out how you win the real estate game online. There are social networking blogs, IDX data searches, mobile plug-ins for your phone, national real estate...