Have you ever heard of the Housing and Recovery Act of 2008? Well today we are going to focus on one of the benefits, the $7500 First Time Home Buyer IRS Tax Credit. Even with interest rates at historical lows and with a wide selection of discounted homes on the market, people still weren’t buying, [...]
Entries from December 2008
Are You a First Time Home Buyer? Here’s $7500
Dec. 16th, 2008
What Type Of Real Estate Am I Really Buying?
Dec. 16th, 2008
When you are getting ready to purchase a piece of residential real estate, you should bear in mind that there are several different types of residential properties that you can choose from. The most common types of residential real estate include single-family dwellings, condominiums, villas and townhouses. Each type of real estate that comes under [...]
The Definition of Owner Financing-Owner Financing in a Nutshell
Dec. 16th, 2008
In simple terms owner financing means the seller helping the purchaser to buy the house. The vendor can finance one part of the amount or at times even the full amount based on the buyers requirement. This method is used when it is difficult to obtain a loan. Banks follow number of rules and regulations [...]
Costa Del Sol Holiday Rentals – Why Owners Have Turned to Renting Their Properties
Dec. 16th, 2008
Located on the coast of the Mediterranean South of Spain, lies the region of the Costa del Sol; whose name roughly translates into the English “Coast of the Sun”. Comprising of literally hundreds of towns and villages, the Costa del Sol is a very popular tourist destination and the number of Britons investing in property [...]
Reunification, Property in North Cyprus, And the Treaty of Guarantee
Dec. 15th, 2008
Reunification sceptics over the Cyprus problem have often used the ‘Treaty of Guarantee’ agreement, signed in 1960 by Greece, The Republic of Cyprus, the United Kingdom and Turkey, as legal and political evidence for the impossibility of the two sides to reunify; in essence the pessimists claim that North Cyprus, as the TRNC, is in [...]
10 Tips To Pricing Your Home In A Down Market
Dec. 15th, 2008
As a Realtor, one of our biggest frustrations is dealing with the unrealistic expectations of a seller. Sellers are notorious for overpricing their homes. The market is saturated with thousands of properties that will never sell without a price adjustment. Lack of comparable sales, poor or no Realtor representation, believing improvements are worth more than [...]
Sell Your Home in a Bad Market With Home Staging
Dec. 15th, 2008
With the current state of the economy and the almost daily news being reported about how bad things are or could get, it can be a frightening time for those whom either need or want to put their home up for sale. However you can still be able to sell your home quickly and for [...]
The Advantage Of Getting A Pre-approved Mortgage In Real Estate Buying
Dec. 15th, 2008
One of the things that can make shopping for a new home more relaxing is getting preapproved for a real estate loan. A preapproved real estate loan means that you know exactly what price range the houses you are looking at will have to be. Knowing that you have a preapproved loan for real estate [...]
How to Find the Best Estate Agents in Murcia
Dec. 15th, 2008
Searching for a house abroad can be a potential minefield, especially if you are restricted to visiting by living in the UK whilst shopping around. Trips to view properties can be costly and time consuming, which means when you do go to have a look at short listed properties you won’t appreciate wasting time with [...]
Thriving Property Investments in North Cyprus
Dec. 14th, 2008
Property investment in North Cyprus has been mounting during the last couple of years, with individual property investors and construction companies bringing a new wave of development to the north of this ancient island. Property in Cyprus has not been correspondingly priced since the division of 1974, which saw the North side of the island, [...]