Termites. That word sends chills down my spine. When I hear “termites” I visualize the termites chewing up my home in a matter of seconds — sort of like on cartoons. They don’t eat through homes that fast, but they can cause some serious damage. So to keep your home...
Issues
Clear Explanation of the First Time Home Buyer Tax Credit
Real estate agents have been asked many questions about the new First Time Home Buyer Tax Credit, so here is a clear explanation of what it is, who qualifies, and how those who qualify get their money. To read up on the background of this tax credit, read our previous...
Details on Obama’s $75 Billion Loan Modification Plan
There is a lot of confusing information floating around about the President’s plan to modify home mortgages — especially regarding who qualifies, when and how the assistance will be available, and its duration. The Treasury Department has launched a website, FinancialStability.gov, that spells out everything. Click on the link for...
$75 Billion Housing Plan: President Obama’s Foreclosure Speech
Today, President Obama gave a speech about his $75 Billion Housing Plan in Mesa, Arizona. Here is a snippet of his speech: Through this plan, we will help between seven and nine million families restructure or refinance their mortgages so they can avoid foreclosure. And we are not just helping...
Save Your Money, Improve Your Credit Score
It is important to have a good credit score and to save money in order to purchase a home — or even just to live comfortably! Here is a fantastic article published by the Washington Post that gives some great tips on how to save money easily this year, and...
The Basics of Homeowners Insurance
One of the first things a home buyer must do is line up homeowners insurance for their new home. I used to work in the Business Development Department of Rockingham Group, a local insurance company. I learned that many people don’t know much about insurance — especially homeowners insurance. So...