Tuesday, December 22, 2009

Century 21 offers pre-purchase rate protection. This helps you safeguard your interest rate against market fluctuations and gives you the option to lock in an even lower rate if the rates drop. This is a great option for buyers while you look around for the perfect home. This is a Century 21 exclusive offer. Call me if you have any questions. I would like to talk with you more about it.

Thursday, December 17, 2009

Home Warranty = Peace of Mind

Home Warranty

The last thing a homebuyer wants to worry about after closing is what could possibly break or malfunction in their new home. Since that can cover a multitude of items and systems, for peace of mind, it's a good idea for them to get a home protection plan.
The last thing a homebuyer wants to worry about after closing is what could possibly break or malfunction in their new home. Since that can cover a multitude of items and systems, for peace of mind, it's a good idea for them to get a home protection plan.

The CENTURY 21 Home Protection Plan offers sensible protection to homebuyers for items that homeowners insurance normally does not cover like a water heater failure, dishwasher breakdown, or an electrical problem.

Facts according to Home Remodel and Repair, Marshall & Swift LP
There is a 68% chance of a home system/appliance failure in a given year.
The average replacement cost of a home system/appliance is $1,319.00.
The average repair cost of a home system/appliance is $900.00.

When something goes wrong, a CENTURY 21 Home Protection Plan is the right choice:

Our network of over 11,000 pre-screened, licensed, and insured contractors is the largest in the industry and saves the homowner the hassle of finding qualified technicians in their area.

Customer service is the focus with 4 national call centers available 24/7.
Here is some GREAT Home Buyer Tax Credit information...

HomeBuyer Tax Credit

We Have News To Tell…. The Home Buyer Tax Credit Has Been Extended and Expanded…

From now until April 30, 2010, first-time home buyers and move-up buyers have another great reason to get on the path to purchasing a new home! The benefit to first-time homebuyers is a tax credit up to $8,000 and for move-up buyers a tax credit up to $6,500.

Listen to CENTURY 21 Real Estate CEO’s reaction to the tax credit details:

Tom Kunz, President and CEO of Century 21 Real Estate LLC, comments on the legislation. To view, see the related links below.

At a Glance:

FIRST TIME BUYERS
Credit: Equal to 10 percent of the home's purchase price, up to $8,000

Who Qualifies?

•Those who haven't owned property in the last three years
•Those with income up to $225,000 for couples or $125,000 for individuals (credit phases out for people who make more than these amounts)
•Must be at least 18 years of age to claim credit
•Purchase price must be $800,000 or less
Deadlines:

•Have until April 30, 2010, to enter into a contract for a home purchase
•Have until June 30, 2010, to close on the purchase
CURRENT HOMEOWNERS
Credit: Equal to 10 percent of the home's purchase price, up to $6,500

Who Qualifies?

•Those who have owned and lived in their principal residence for at least five consecutive years during the past eight years
•Those with income up to $225,000 for couples or $125,000 for individuals (credit phases out for people who make more than these amounts)
•Must be at least 18 years of age to claim credit
•Purchase price must be $800,000 or less
Deadlines:

•Have until April 30, 2010, to enter into contract for a home purchase
•Have until June 30, 2010, to close on the purchase
In addition, buyers have another year to take advantage of the higher loan limit for mortgages backed by the Federal Housing Administration, Fannie Mae or Freddie Mac set at 125 percent of local median home sales prices, up to a maximum of $729,750 in high-cost housing markets. The limit in normal markets will remain $271,050 for FHA and $417,000 for Fannie Mae and Freddie Mac.

PLEASE NOTE: The tax credit does not have to be repaid provided you live in the new home for a minimum of three years. Military families are exempt from this stipulation. Purchaser must attach documentation of purchase to tax return.

Please remember to advise consumers to consult with a tax professional for individual eligibility and implications of the Homebuyer Tax Credit.

Realogy CEO Richard Smith had an important role in the approval of the bill – watch the video of Senator Isakson and his praises for all contributors including Mr. Smith. (CSPAN2, Nov. 4, 2009) To view see related links below.

For additional details including some new benefits for FHA loans, click on the National Association of realtors links below.

Source: H.R. UNEMPLOYMENT COMPENSATION EXTENSION ACT OF 2009

Friday, December 4, 2009

Hi Julie,
I’ll check out your website. Things are picking up here. Inventory is less than five months. 172 sales last month with a median price of $502K, 14 sales over a million, highest $3.5M. I sold one place for $3.3M this year and have one in escrow for $3.5M that I sold new for $4.5M three years ago. It’s really a street-by-street analysis. Some areas are off 50 percent from peak, some twenty percent and everything in between.
Kelley
Hey you luxury home specialist, how was your Thanksgiving, how is Cindy doing? Call or write sometime. How's the RE market, are things moving yet, its deadsville up here, house went down 50% in value, not good. We had to short sale both our specs. But hanging in there with customs, bidding on 2 right now for 2010 starts.
Julie