Home Buyer Tax Credit, Round 2

The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. It also authorized a tax credit of up to $6,500 for qualified repeat home buyers

Seller Financing Assistance

We have several options on this front:
 
Lease with Option to Buy: 
 
This is two contracts tied together.  We combine an Option Contract and a Lease Contract.  The first (the Option Contract) allows a buyer to agree to purchase and a seller agrees to sell a house at some time in the future for a price [...]

WHEN SHOULD I DISCLOSE A SHORT SALE?

Legal Hotline Attorney Vern Jarboe has been receiving many questions about the correct timing to disclose a short sale. New MLS rules require that short sales be disclosed in the MLS agent comment section when you have actual knowledge. KREC also said that you must disclose the short sale to all parties as soon as [...]

Seller Financing

If the seller carry’s a the financing for a buyer – what happens.
First of all the buyer / borrower needs to sign a promissory note and a mortgage document or deed of trust depending on your state that is filed in the county records.  The borrower and the lender are bound by the agreements set [...]

Increasing your home’s appeal

Remember the 60-second rule: That’s all the time you have to create a winning first impression. Here are some simple to significant ways to maximize your home’s appeal.
Exterior
* Keep the grass cut and remove all yard clutter.
* Weed and apply fresh mulch to flower beds.
* Apply fresh paint to wooden fences.
* Tighten and clean [...]