Buying or Selling Idaho Short Sales or Foreclosure

SFR Certified in Idaho Short Sales & Foresclosures - Short Sale Specialist

Weather

FIRST-TIME

HOME BUYERS

TAX CREDIT

taxCreditMoney

Nampa School District

"HOUSE & HOME!!"

www.realtor.org/realtormag

Prediciting the

END

Of the recession

IDAHO named an early riser...

Purchase a home from by the END of June 2010..you'll receive this too!


      Search IDAHO Homes           What is MY House Worth?        Ask KAREN a Question

"Defining A Short Sale"

Short Sale, also called "Short Pay", is a process by which a lender agrees to receive a lower amount of an owed debt in exchange for the sale of the property to a third party, usually at no cost to the borrower.

Most of short sale services are TOTALLY FREE OF CHARGE. As the most experienced short sale specialists I can help you prevent the downgrading of your credit scores while providing you A FRESH START.

Loosely defined, a short sale is a situation where the homeowner owes more on the property than it is worth and is in the process of selling the home. The short sale scenario is that the homeowner has contacted their bank and the bank has agreed to allow the sale for less than they are owed.

Congress giving "ALL" homebuyers a $6,500 tax break, and First Time Homebuyers up to $8,000 tax break.

WASHINGTON – Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper.

First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the end of November, the Senate voted Wednesday to extend and expand the tax credit to include many buyers who already own homes. The House could vote on the bill as early as Thursday.

Buyers who have owned their current homes at least five years would be eligible for tax credits of up to $6,500. First-time homebuyers — or anyone who hasn't owned a home in the last three years — would still get up to $8,000. To qualify, buyers in both groups have to sign a purchase agreement by April 30, 2010, and close by June 30. (Read More)

FIRST TIME HOME BUYERS TAX CREDIT EXTENSION

“Will Obama expand again in 2010?”

In November of 2009, President Obama and his start decided to extend the original first time home buyer tax credit. The first time home buyer tax credit was not only extended but it was expanded as well. The bill added the move up buyers tax credit of $6500 along with the first time buyers tax credit of $8000.

There are only two more months available in 2010 to take advantage of this tax credit. There has been much news about home prices falling and new home sales now at all time lows so one must wonder if President Obama and his staff are going to extend and expand the first time home buyer tax credit again.

We are going to start to hear a great deal about the extension over the next few weeks as the political staff will want to get this deal done before the tax credit expires of April 30th, 2010. If you have been thinking about buying a new home now is one of the best times to take action so you don’t miss out.

At the present time mortgage rates are very close to all time lows at 4.75% for the 30 year fixed mortgage rate. It is also the case that home prices are very low as the economy continues to suffer. With an $8000 tax credit available

now is a great time to consider your first home.

How about having your own "DOMAIN", for all prospective buyers to be able to preview YOUR home at their fingertips...contact me immediately to get more information on how to "Get your home SOLD successfully..."