Pennsylvania Real Estate Update

Dear Friend,   The U.S. Government recently extended and expanded the home buyer tax credit.  The $8000 first-time home buyer credit that was scheduled to expire December 1st will continue in effect until April 30, 2010.   In addition, begining December 1st, many current home owners will qualify for a $6500 tax credit if they've ...

Yes, it's sad but true the Governments $8000 stimulus plan is coming to an end! Don't be fooled that this may be exteneded---that is VERY doubtful! Many of you are calling and asking "why" I am saying it end October 15th as the pares say December 1, 2009. The reason is, you must find, a home, negotiaitate a deal and get it ...

  FREE REPORTHow to Keep from Getting Ripped Off When you Buy a Short SaleBy John Rainville, Broker, Realtor®, CSP, RECS, LTRS CertifiedAs banks foreclose on several homes in the area, buyers will find some amazing garage-sale priced homes; but buyers have opportunities to buy homes through a "short sale" before a home goes into ...

I have been pondering almost daily this great financial debacle that we have gotten ourselves into and how it happened. Now I understand Barry Obama likes to point the finger at the GOP or George Bush, but it started way before "W" became Number 43.  It seems to me that this whole mess can be traced back to Post WWII America and ...

Pending Home Sales Rising... By: Dacia Turner Tuesday, February 03, 2009 8:15 PM According to National Association of REALTORS® pending home sales have significantly increased due to the affordability in the market right now. The Appointment Desk used by my office reported record showings over the past two weeks. In Nashville, showings ...

2 teens to receive Medal of Heroism  Boys assisted man who collapsed while shoveling snow Saturday, January 31, 2009 BY ERICA DOLSON Of The Patriot-News When junior Matt McDonald walked through the halls of Cedar Cliff High School on Friday, he received high-fives from his peers and congratulations from his teachers. But not for ...

You could have heard a pin drop... When in England , at a fairly large conference, Colin Powell was asked by the Archbishop of Canterbury if our plans for Iraq were just an example of "empire building" by George Bush. He answered by saying, 'Over the years, the United States has sent many of its fine young men and women into great ...

HIGHLIGHTS     First time home buyers who purchase a principle residence between 4-9-08 and 7-1-09 qualify for the tax credit.  (it is retroactive for buyers who have already purchased.)   The maximum credit is $7,500 or 10% of the purchase price if purchase is lower than $75,000.   If home is purchased in 2009, home ...

To learn how you can buy a home in the current market or get in position to buy for the Spring.  You recently visited one of our websites and inquired about buying real estate.  We would like you to invite you to a FREE no obligation, private discussion to determine the best plan of action for you in the current market. You’ll ...

NAR recommends Congress pass new housing stimulus legislation that includes the following priorities: 1. Remove the requirement in the current law that first-time home buyers repay the $7,500 tax credit, and expand the tax credit to apply not only to first-time buyers but also to all buyers of a primary residence. 2. Revise the FHA, Fannie Mae ...