Posts filed under Buyers
on 11/13/11
What is The "Earnest Money" Deposit? The earnest money deposit is a "show of good faith" that underscores the buyer's seriousness of purpose and gives confidence to the seller to be able to take...
on 09/13/11
Time is a scarce resource. When you are searching for the right home, it pays to have the best technology tools at your disposal! We are now offering a new service: Automatic daily, weekly or bi-we...
on 06/23/11
Using Renovation Loans USING RENOVATION LOANS Given the proliferation of short sales, foreclosures and lender-owned properties (REOs), it is not uncommon for buyers to come across homes th...
on 05/31/11
HOW TO WIN IN A “MULTIPLE-OFFER” SITUATION You and your REALTOR® have spent many hours “weeding out” potential homes for sale and finally find the home of your dreams: It is priced right, perfect ...
on 02/09/11
SHOULD YOU PAY CASH FOR A HOME? If you have the cash and plan to buy a home, there are different issues to consider to determine your best strategy. First, you may consider peace of mind. Does ha...
on 04/12/10
Affordability remains at record levels, supported by the lowest mortgage rates in decades, low home prices, and the first-time home buyer tax credit. The home price-to-income ratio continues to...
on 03/23/10
Aaaarghh! I Just Can't Decide!!! Let Me Ride On a Helicopter... As inventory increased in the years following the "sub-prime meltdown" and we switched from a "seller's market" to a "buyer's market...
on 12/16/09
If You Don't Buy a House Now, You're Stupid or Broke This is the title of this interesting article written by Marc Roth in Businessweek.The author explores the historic low in interest rates and p...
on 12/14/09
IRS Sets New Rules for Tax Credit The Daily Real Estate News reported that the Internal Revenue Service (IRS) has published new guidelines for eligibility for the home buyer credit when there are ...
on 11/06/09
President Obama signed today into law the extension of the $8,000 Tax Credit for first-time homebuyers. To qualify, buyers must contract the sale by April 30th, and close by June 30th, 2010. In ad...
on 09/10/09
The $8,000 Federal Tax Credit has proven to be extremely popular. According to Realtor.com, the most visited real estate website in the U.S., 10.8% of buyers say that this and other state incentive...
on 07/31/09
The National Association of Realtors has sent us an interesting article answering many of the most common questions we are being asked about the Tax Credit for first-home buyers. I decided to copy ...
on 07/28/09
This is the last part of our brief guide for first-time home buyers in South Carolina. Once you have closed on the purchase of your home, you will still need to take care of some very important det...
on 07/24/09
The Real Estate Closing You have finished performing your Buyer's Due Diligence and everything's lined up for a closing on a specific date and time (usually at the attorney's office). What happen...
on 07/21/09
The A-Z of Buying a Home (Part 3) You found a home, negotiated a favorable contract ("ratified" = signed & delivered). You are supposed to close in 30 days. What now? This period from contract to...
on 07/19/09
The A-Z of Buying a Home (Part 2) by Alan Donald, BuyHomesInCharleston.com OK - so you've hired a REALTOR, discussed your needs and buying criteria and got preapproved by a lender. Now it's time ...
on 07/18/09
This guide for first-time home buyers is intended to provide general information to help buyers be aware of the buying process, and to dispel any myths about buying a home. Please discuss your part...
on 06/16/09
The new Home Valuation Code of Conduct, or HVCC, became law May 1. This new law that forces Fannie Mae and Freddy Mac to follow new guidelines for appraisals has casued more trouble for the already...
on 06/12/09
As a first time home buyer, you need to maintain a balance between money and lifestyle in a way that makes sense for you and your family. Buying a home comes with great benefits, but also with adde...
on 05/29/09
FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance...
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