The Gallup Organization released a report this week summarizing the results of a survey they conducted in early April (video report).One of the survey questions asked of the American public was “For people in general, do you think now is ...
This transaction is in the final stages and the seller is Freddie Mac (bank owned single family detached house). All inspections have been completed, appraised value is in, and by all appearances, we were good to go ~ until we received a letter...
This transaction is in the final stages and the seller is Freddie Mac (bank owned single family detached house). All inspections have been completed, appraised value is in, and by all appearances, we were good to go ~ until we received a letter...
If you have not owned a home in the last 3 years you are considered a first time homebuyer. If you have a credit score of at least 625 you are eligible for an $8000 tax credit….and today we found out that it gets even better! The tax cre...
Changes to the home appraisal process haven been long awaited and are finally here. As of May 1, 2009 the following points have been implemented to protect homebuyers, mortgage investors, and the housing market.
1) The code prohibits lende...
Q. It seems very expensive, how much should we invest to get our home ready to sell?
A. You’re right! We never recommend over-investing on the pre-sale repairs or improvements. New Stone flooring might really add drama to your home, but ...
The First Quarter results are in…Below are the charts for the Palm Springs Valley including the Price Trend and Number of Homes Sold from 2004 – March 31st, 2009
It’s that time of year again when we send our Quarterly Market Review an...
Encouraged by record low levels in interest rates and continued decline in home prices, motivated home buyers helped the statewide sales improved for the fifth consecutive quarter since bottoming out in the fourth quarter of 2007. Sales of...
AMERICAN RECOVERY AND REINVESTMENT ACT
The major housing stimulus provisions of the Recovery Act are, among other things, the first-time homebuyer tax credit and the increase in FHA, Fannie Mae, and Freddie Mac loan limits. Although the pr...
Most have heard about the $8,000 tax credit for first-time homebuyers. Here are a few tips to see if you are eligible and how to go about claiming it.
According to the National Association of Home Builders, you must have purchased a home fro...