Qualified 2009 and 2010 first-time home buyers can get up to 10% of the home's purchase price or a maximum of $8,000. In November 2009, legislation extended a tax credit of up to $6,500 (or up 10% of the home's purchase price) to long-time residents of the same primary residence if they purchase a new main home. To qualify, eligible taxpayers must show that they lived in their previous homes for a five-consecutive-year period during the eight-year period ending on the closing date of the new home.
www.dreamhomesbypamela.com
Friday, February 26, 2010
Monday, February 22, 2010
Home Warranty
By purchasing a Home Warranty, you can protect yourself against unexpected and potentially expensive home repairs. Depending on the plan you select, coverage will include mechanical breakdowns in major systems such as plumbing, electrical, heating, and air conditioning, as well as major household appliances such as the oven, refrigerator, washer, and dryer.
And when you sell your home, statistics show that over 80% of buyers prefer a warranted home. Homes with a warranty also sell faster and at higher prices.
http://www.dreamhomesbypamela.com
And when you sell your home, statistics show that over 80% of buyers prefer a warranted home. Homes with a warranty also sell faster and at higher prices.
http://www.dreamhomesbypamela.com
Thursday, February 18, 2010
Selling your home made easier
Today, the home that stands out among similarly priced houses is the home that sells. Why? Because it makes a good first impression that lasts right to the settlement table.
You may not be able to improve the market value of your house (finish basement, remodel kitchen, etc.), but you can improve its marketability. And usually this can be done with more elbow grease than hard cash. The key is to put yourself in the buyer’s shoes. In fact, if you drop by some open houses (you may soon be a buyer yourself), you’ll pick up some pointers. Then practice making your house as appealing and uncluttered as the home you wish to buy.
You may not be able to improve the market value of your house (finish basement, remodel kitchen, etc.), but you can improve its marketability. And usually this can be done with more elbow grease than hard cash. The key is to put yourself in the buyer’s shoes. In fact, if you drop by some open houses (you may soon be a buyer yourself), you’ll pick up some pointers. Then practice making your house as appealing and uncluttered as the home you wish to buy.
Tuesday, February 16, 2010
Washington Area RE in recovery
The Washington area housing market appears to be in recovery. Home prices in the metro are slightly higher than they were one year ago, and the 4th quarter shows increased volume from last year. The Federal $8,000 tax credit for first-time homebuyers has been successful at luring reluctant buyers off the sidelines. This tax credit, coupled with near-record-low interest rates, has continued to spur buyer activity
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