April 2010 
There are 2 blog entries for April 2010.
How Sellers Price Their Homes
Monday, April 19th, 2010 at 2:53pm. 150 Views, 0 Comments.
We're often asked by our clients, "How much under the listing price should we offer?" This is an excellent question. The answer is complex.
The main reason we emphasize the education phase of looking at homes is because that is the best way for you to know value. When you review and study 40-60 (or more) listings, then drive by 10-20 and look at 5-10, you will recognize the "Hot Listings". You'll also recognize the "Dogs".
Sellers price their homes differently for 4 basic reasons:
1. Ridiculously Overpriced
These sellers have not done their homework to know what the current market is. Sometimes sellers can't list lower due to what they owe on the home. Or, they have listened to a real estate agent…
Home Buyers: Cash in on the Tax Credit
Monday, April 5th, 2010 at 11:37am. 153 Views, 0 Comments.
If you want to take advantage of either the Move-Up/Repeat tax credit or the First Time Home Buyer tax credit, now is the time. Here is information on who qualifies and what to do to get your benefit:
- If you have owned a home for five consecutive years within the past eight, you can get a credit of up to $6,500. First-time home buyers are eligible for up to $8,000.
- You must have a binding written contract in place by April 30, 2010 with a closing date no later than June 30, 2010. You can then decide to exercise one of three options: apply the credit to your 2009 tax return filed on or before April 15, 2010, file an amended 2009 return, or apply the credit on your 2010 return filed on or before April 15, 2011. Just make sure to keep your closing…
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