I just read an incredible article entitled “Why Home Prices May Keep Falling” published by the New York Times. It describes, in pretty good detail, why home prices fall, and fall slowly. The most interesting part of the article is when the author describes the points of view held by...
Buyers
Rent-to-Own: Is It a Good Choice?
Renting-to-own is an option that many have been considering lately, especially with the economy the way it is. So, what are the pros and cons of this option? Is it a good choice for you? These deals, also called rent-to-own and lease-option, usually require buyers to pay extra rents each...
More Information Regarding the Tax Credit for Down Payments
A lot of chit-chat has been darting back and forth on the web about whether or not folks can actually use the new $8,000 first time homebuyer tax credit for a down payment. Well, the facts are in! If you qualify for the tax credit [click here to read up...
Use the First Time Home Buyer Tax Credit for Down Payment
By now you’ve probably heard all about the $8,000 first time home buyer tax credit passed by Congress a few months ago. Before now, though, folks couldn’t use the $8,000 toward a down payment because they’d have to file their tax returns in order to receive the credit. Shaun Donovan,...
Introducing… Video Tours!
Video tours of homes are the hot new thing in real estate marketing, and in Harrisonburg and Rockingham County are an extremely new way to market properties. We have been working on getting video tours up and running on our residential listings for about a year. We finally have it...
New and Improved Tax Credit for Buying a Home
In 2008, Congress passed a law that offered a tax credit of $7,500 to anyone who purchases a home for the first time, up until June 30, 2009. Tax credits are better than deductions. Generally speaking, if you are entitled to a tax credit, you get the full amount, even...