Archive for the Category ◊ Real Estate ◊

10 Feb 2010 North Augusta Real Estate
 |  Category: Agents, Real Estate  | Leave a Comment

Keller Williams Realty takes a different approach to real estate, one that is built on personal touches, win-win deals and positive results. Homes in North Augusta of The Barrett Team utilizes the latest technologies, market research and business strategies to exceed your expectations. More importantly, we listen and that means we find solutions that are tailored to you.

A home is not a home because of its room dimensions or the color of the walls. It is about how you feel when you walk through the front door and the way you can instantly envision your life unfolding there. This is about more than real estate. It is about your life and your dreams.

Thanks for starting your real estate search with us. Visit this website http://www.masonbarrett.com where you will find valuable information for you whether you are looking to buy or sell. After you have had the chance to review this information, contact us so we can tell you more about how we can help.
We appreciate the opportunity to earn your business.

09 Feb 2010 New Bern Homes and Craig’s List

Foreclosures are not over running our local real estate market here in New Bern NC but they are popping up even more these days. In fact there is one in my neighborhood that would be a great buy for someone.

This house has about 1 acre of usable flat land, a swimming pool that is in ground, 3/4 bedroom, 2 bathrooms, open bonus room, 2 car garage and more.

Contact New Bern NC Real Estate for more information on this and other homes in foreclosure.

Also, People from foreign countries are taking people’s information from their websites and are posting it on Craig’s list. These people claim to be the owners of the property in the ad but they are not. In fact these scammers are out of the country so they are unable to show the home to the potential renter. See Homes in New Bern for more information. Real estate agents need to be aware of these scams. Here is an example ad.

Date: 2009-06-12, 2:53PM EDT This fabulous home was built in 2004. Bonus Room is 4th bedroom with 1/2 bath. Breakfast area, breakfast bar, formal dining room, gas fireplace with blower, laundry room, 2 walk-in closets in master suite. Hardwood floors in foyer, living & dining rooms.

Address: 203 Fishing Creek Drive City: New State: NC Zip Code: 28562 County: Craven
Close To: Ben Quinn, River Bend
Sq. Footage: 1848 Lot Size: .24 acres Basement: Slab/none Year Built: 2004

Fishing Creek Drive

  • cats are OK – purrr
  • dogs are OK – wooof
  • Location: New Bern, NC
  • it’s NOT ok to contact this poster with services or other commercial interests
08 Feb 2010 Mortgage Industry and Predatory Lending
 |  Category: Agents, Other, Real Estate, buying Homes  | Leave a Comment

The extension of the credit should inject some sales into the winter market.  Remember – October-March are the slowest sales months of the year for real estate – people like to move while school’s out and the weather’s good and this is the case for Augusta Real Estate as well.

The bottom line is that nationally, 1st Time Homebuyers accounted for only 36% of sales in 2006, see more at Augusta Real Estate and by some accounts they now account for almost 50% of all sales.  It has provided a good “bump” for sales, but it is far from the cure.

The housing crisis has its roots in the mortgage industry and predatory lending.  One required nothing more than a pulse to obtain a mortgage, and astounding products where rolled out to enable people to afford five times the home they should actually purchase.  Adjustable Rate Mortgages, Alt-A products, and sub-prime loans all caused what we’re now going through – not the lack of a “credit” for buying a home.  There is a natural order to things – we over-built, over-bought, over-spent, and over-borrowed.  Now we’re spending less, borrowing less, and only buying essentials.  Deplete the existing inventory through qualified buyers, and the market adjusts – back to another “Sellers Market.” Visit Real Estate in Augusta Georgia for more information about the market.

Artificially inflating the market with a gallon of tax credit may help in the short run, but it is not the natural order of things.  My milk has an expiration date, I’m glad the tax credit does too.

26 Jan 2010 The Silveria Team
 |  Category: Agents, Other, Real Estate, buying Homes  | Leave a Comment

Good news for home buyers and the housing market recovery. Following the Senate’s favorable vote, the U.S. House of Representatives just voted 403 to 12 to extend the home buyer tax credit, expanding the parameters to include existing homeowners and not just first-time buyers. We expect President Obama to sign the legislation in short order. You can find more information about the Tracy CA Real Estate and the real estate market at our website.

As it now stands, the federal tax credit will be extended through April 30, 2010, with a 60-day extension if a binding contract is in place prior to the deadline. First-time home buyers will continue to be eligible for a tax credit of up to $8,000, while existing homeowners will be eligible for a reduced credit of up to $6,500. To qualify for the $6,500 credit, existing homeowners must have lived in their current residences for at least five years. The bill also increases the qualifying income limits from $75,000 for single tax filers and $150,000 for joint filers to $125,000 and $225,000, respectively. The purchase price of the home is capped at $800,000 in both instances. You can learn more at Homes In Tracy California and browse our list of featured properties.

Under additional provisions included in the bill, taxpayers can claim the credit on purchases completed in 2010 on their 2009 income tax returns. The legislation maintains the provision that home buyers do not have to repay the credit provided the home remains their primary residence for 36 months after purchase, and waives this requirement for active duty military personnel who move due to a military order.

Nationwide, more than 1.4 million first-time home buyers were given the opportunity to become homeowners as a result of the Federal Tax Credit for First-time Home Buyers.  This should help people find homes in Tracy California and nationwide. We expect that number to increase dramatically in the months ahead with this new legislation in place.

20 Jan 2010 HUD Homes and Regulations
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WOW!  To many REO, Inverse Purchase, Short Sale and Wholesale investors, prayers have been answered!

Our (now) friends at the FHA have just amended the 90 day seasoning/flipping rules! The laws previously insisted you hold title to a property for ninety days before even entering into a contract if you wanted to sell to a buyer using an FHA loan in Baltimore City, Baltimore County, Carroll County, Harford County or Howard County. You can read more information from Baltimore Homes at his website.

Yeah yeah yeah, had they done this years ago, the economy may not be quite in the pooper like it is now, but nonetheless, this is big news to the creative real estate investor!

There’s certainly some “stipulations” on the process, but strangely enough, none of them seem too ridiculous… which is odd for HUD, but we’ll take it! (from the HUD website)

The waiver will take effect on February 1, 2010 and is effective for one year, unless otherwise extended or withdrawn by the FHA Commissioner. To protect FHA borrowers against predatory practices of “flipping” where properties are quickly resold at inflated prices to unsuspecting borrowers, this waiver is limited to those sales meeting the following general conditions: See more at NG Realty Group and check out the blog while you are there.

12 Jan 2010 Chapel Hill
 |  Category: Agents, Real Estate, Selling Homes  | Leave a Comment

The Chapel Hill Real Estate market is doing well.  This information provided by Durham Homes For Sale
•    Closed sales are down 12%.  This is actually a great number since this time last year sales were down close to 25%.
•    Median prices are up 3%.
•    Average prices are down .5%
•    Days on market increased from 81 to 97.
I am happy to report that sales are down less and that prices are holding their own.  Yes, it is talking a little longer to get homes sold but the great news is that they are selling.  I only expect things to get better in the coming months.
Don’t forget to make Chapel Hill Homes For Sale a favorite so that you can see monthly updates on the Chapel Hill real estate market.

12 Jan 2010 Selling Your Home
 |  Category: Agents, Real Estate, Selling Homes  | Leave a Comment

Here are some tips from NC Properties Online about selling your home.
•    Make Your Home Beautiful: The Top 30% of the most beautiful homes sell, therefore clean everything, make your home sparkle. Stage your home with a professional stager. Look at your home with the eyes of a buyer, would you buy your home again?
•    The Bottom 30% Rule: The homes that are selling are priced in the bottom 30% of their square footage category.
•    If it is Broken, They Will Find It: Sure you can get by with doing the least amount to your home but it will only hurt you in the end. Most buyers will get a home inspection and the problems will be discovered so find it and fix it first.
•    Just because you think your home is worth it, does not make it so: Pay attention to the numbers your agent gives you, what has sold, pended, and what is currently active in your neighborhood. These numbers will tell you the true value of your home.
•    Keep the Faith: It does take longer now to sell your home so be patient and listen to the people you have hired.
You can see more selling tips here www.ncpropertiesonline.com

12 Jan 2010 Indy Homes

Do you need professional real estate representation in order to find a home in Indianapolis, Carmel, Fishers, Noblesville, Westfield, Sheridan or in another IN area? Are you thinking about selling your home in Indianapolis, Carmel, Fishers, Noblesville, Westfield, or Sheridan? If so, Metro Indy Home Guide can help meet all of your real estate needs.

Whether you have residential real estate needs, commercial real estate needs, leasing needs, or income property needs, visit our website here www.metroindyhomeguide.com and fill out our contact form describing how I can be of service. I will utilize my experience both in and out of real estate to let you attend to your family while I do the work making sure your real estate transaction is processed in the most trouble free manner possible. I will respect your time and work with you so your busy schedule is not interrupted and I will uphold the highest moral and ethical standards throughout any real estate transaction I am involved in.