First Time Home Buyer Tax Credit For 2008 And 2009
If you bought a home in 2008 or plan to buy one in 2009, before December 1, you'll be able to benefit from a federal income tax credit of up to $8,000...
Real Estate Agent: Having A Successful Real Estate Career
Real estate agents can have a long successful career as long as they take several steps to do so. A potential real estate agent must take the state-approved licensing course. Once you've gotten your license, a new real estate agent must get a job with a broker who can hold the license. After a few years with a broker, the real estate agent can go out on their own and get their own clients, launching their successful career.
Selling Home Owned By Exes
An ex-husband and ex-wife are selling a home they own together, but the ex-husband will not make the house presentable for sale.The ex-wife has a right to make sure the home is presentable for sale. But the ex-husband may try to make it difficult for her and the real estate agent to view the home since it needs many home repairs. A real estate attorney may be able to help solve the dispute.
Real Estate Investor Schemes: Worth The Money?
Ilyce offers real advice on how to become a real estate investor without shelling out tons of money for real estate schemes. Avoid paying thousands for middle of the night infomercials telling you the secrets to being a real estate investor, and use that money towards a down payment on your first investment. Real estate investor schemes sold on infomercials can be found in other less expensive, even free resources, so there's no reason to spend thousands of dollars for those "real estate secrets".
Good Faith Estimate: Mortgage Lender Gives After Loan Is Applied For
A home buyer wonders about the limits of a good faith mortgage estimate and when a mortgage lender will offer one. A mortgage lender usually provides a good faith estimate after the home buyer has applied for a mortgage loan. Ilyce points out several good online resources to help the buyer select the right mortgage, before going to a mortgage lender.
First Time Home Buyer Concerned About New Construction Developer’s Mortgage Lender
Should a first time home buyer apply for a mortgage loan with the lender suggested by the new construction's builder? Often new construction companies and builders partner with a lender. The only way for the first time home buyer to figure out if the builder's lender is offering the best deal is to shop around to other lenders.
Home Buyers Need Real Estate Agent To Work With Developer
A prospective home buyer looks at several new home developments without an agent and then wonders if they will have trouble using an agent when they buy property from the developer. Ilyce agrees the potential home buyer may have a difficult time with the developer since they did not have a real estate agent when they first looked at the new construction communities. Ilyce suggests the potential home buyer firmly but politely tell the developer - no real estate agent, no home sale.
Real Estate Agents: Offering Comparative Marketing Analysis Good Business
Most real estate agents offer comparative marketing analysis to potential clients for free. It's good business for real estate agents to offer a free comparative marketing analysis, because if a person is selling their home, they will be in the market to buy a home as well. By offering a free comparative marketing analysis, real estate agents may well be growing their business.
Mortgage Pay off Using Home Equity Line Of Credit
Can you use a home equity line of credit to pay off a mortgage? If the home equity line of credit has a lower interest rate, this may be a good way to pay off your mortgage. You may want to take the bank's offer of a home equity line of credit to pay off the mortgage if there are no fees to open the home equity line of credit.
Home Buyers Offered 100 Percent Mortgage Loan: Real Estate Agent Disapproves
A lender offers the buyer a 100 percent mortgage but the real estate agent is not enthusiastic. Even with a 100 percent mortgage loan, showing the agent and the sellers that you are serious is very important. Think about getting pre-approval or a letter of commitment, even with a 100 percent financing mortgage loan.