Charlotte Real Estate
Finding your first home can be a daunting task. Once you have your pre-approval letter and you're ready to buy, a checklist can help bring some order to the process. With so many variations and styles it can be difficult to separate the things you need vs. the the features you want. One way to begin is to analyze your needs and wants. As your REALTOR I normally begin by … [Read more...]
According to a recent survey reported by Housingwire, short sale purchases outnumbered REO (Real Estate Owned) for the month of January. Excerpt: Short sales accounted for 15.9% of home purchases in January, surpassing the share of other distressed property activity, when real estate owned (REO) properties are measured separately, according to a monthly Campbell/Inside … [Read more...]
First-Time Home Buyer Tax Credit: 8 Things to Know Now that the President has signed the bill which extends the tax credit, here's what consumers should know. The extension works in large part the same way it did before, $8000 is available for first time home buyers who have not owned a principle residence in the last 3 years. The changed and new provisions are detailed … [Read more...]
A $6,500 Tax credit to repeat buyers who have owned their current homes for at least five years, is a major addition to the tax credit extension currently under consideration. MSNBC is reporting Senator Harry Reed's spokeswoman has indicated the Senators have agreed to an extension of the current tax credit for purchasers under contract by the end of April 2010. A congressional … [Read more...]
The Good Neighbor Next Door Program (GNND) offers teachers (pre-K-12), firefighters, emt's, and police officers an incredible opportunity to buy a home 50% off of the list price. These professionals can contribute to the revitalization of their communities while becoming homeowners through HUD's program. One of the requirements is the new homeowner must occupy the home as a … [Read more...]
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