by Dan Polimino | May 18, 2009 | Buying
Last week, we stared looking at opportunities for first time home buyers with the $8,000 tax credit. We also started talking about some obstacles that are keeping people from taking advantage of the program. To find out if you qualify for the first time home buyer...
by Dan Polimino | May 13, 2009 | Buying
Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment. Previously, most buyers...
by Dan Polimino | May 11, 2009 | Buying
Ok, first time home buyers; this is a reminder that the $8,000 dollar tax credit is only good until Dec 1st, 2009. So you need to purchase a home by that time and if we do the quick math, it looks like you have about 6 months to get that done. Let’s go over...
by Dan Polimino | Apr 27, 2009 | Buying, Selling
The story goes like this. An agent with buyers wants to see a home on short notice. The sellers have indicated in the MLS they need a 24-hour notice for showings. But the buying agent asks the selling agent if they can see the house with only a two-hour notice. The...
by Dan Polimino | Apr 20, 2009 | Buying
Trading homes is not a new idea, but in this economy it is becoming a more valuable option. I know a builder that had a custom home for sale last year. Some potential buyers wanted it but needed to sell their home first. The builder took a look at the buyers’...
by Dan Polimino | Apr 7, 2009 | Buying
Most people don’t want to buy in the low. They want to sharp shoot for the bottom. But let’s face it. If you can predict the market’s bottom and buy at the perfect time, you’re either clairvoyant or have impeccable timing. In all...