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Welcome
The goal of this site is to be your resource for all things real estate with a focus on searching for homes.
At your fingertips are links for searching:
Short Sale Resource Center
- Click Here for Help
I would be happy to sit down and discuss with you the full scope of what a short sale is. I am able to direct you to professionals for advice and to qualify you as a possible short sale candidate. My first and foremost intention would be to protect you by limiting your risk.
Need Help with Your Mortgage?
Making Home Affordable.gov is holding an event at the Reno/Sparks Convention Center next Tuesday, April 6. The event is designed to help struggling homeowners by giving them an opportunity to meet with a rep from their mortgage lender or to meet with a certified HUD credit counselor. Lots of great information to be obtained about modifying your current loan, short sales, etc… If you are struggling to make your payments and need help, please attend. It’s free! http://bit.ly/bgrBUt
Reno Aces- Countdown to Opening Day
Something like 6 days, 7 hours… Opening Day for the Aces! For me, this marks the beginning of the absolute best part of living in Reno. Sunshine’s a little iffy at this point but we know it’s around the corner. Finally we can shed the turtlenecks and cozy socks for flip flops and t-shirts and enjoy the great outdoors! Got your tickets?????
Reno Aces
Tax Perks for Homeowners- Just in Time!
If you purchased a home in 2009, no doubt you are realizing the benefits as you prepare your taxes. Of course, the mortgage interest tax deduction is the most beneficial of the deductions but there are a few more to consider if the timing was right with your purchase. At the top of the list is the “First Time Homebuyer Tax Credit, $8,000 cash in hand if you purchased your home in the last 13 months and you hadn’t owned a home for the past three years. Second, the Move-Up Buyer Credit of $6,500. And finally- did you know that if you purchased your home with less than 20 percent down and are paying monthly PMI, you can write that off as well? YES! Your monthly PMI premium and the initial PMI payment at purchase are deductible. Refer to page 8 of the attached publication. Remember to always consult your tax advisor. Publication 936…
Fed Will Keep Rates at Record Lows
We have never experienced such an incredible combination of record low rates in conjunction with unheard of low prices in our market. I do remember back a few years when I heard over and over again people kicking themselves for not getting into the real estate market. I have a feeling in a couple years we will hear that same statement again and again. The reality is this… if you finance $200,000 dollars today at 5%, your payment is roughly $1,075. If you wait and finance $200,000 at 6%, the payment is $1200. On the flip side of that, you could qualify for almost $25,000 more if you finance at 5% instead of 6%. Incredible way to boost your purchasing power. Read article…
New HAFA Program for Short Sales
New HAFA Program starts April 5, 2010. Let’s keep our fingers crossed that this will make a difference. Most Banks say they are on board. If so, could significantly effect our market by shortening time period for approvals. Once homeowners have exhausted options with loan modifications HAMP, banks have to respond with short sale approval within 10 days of receiving an offer.
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