Fixer Financing

How to buy a home and finance the needed repairs or desired home improvements. The streamlined FHA 203(k) program is intended to facilitate uncomplicated rehabilitation and/or improvements to a home for which plans, consultants, engineers, and /or architects are not required. Due to the rehabilitation amount limitation of $35,000, eligible improvements are limited and cannot include any major rehabilitation or remodeling, new construction such as a room addition, repairs to structural damage, or site amenity improvements. Repairs of this nature should be completed under the standard FHA 203(k) program. Two advantages are: Repairs are completed after closing, using loan proceeds. Low down payment.

Some Things You Need to Know About Energy Rebates

1. Federal Appliance Rebates Are Going Fast
2. Most States Offer Their Own Programs Too–check out dsireusa.org
3. You May Have Two More Chances To Get Federal Funds
4. Before You Grab a Rebate, Do The Math
5. Don’t Forget That Small Projects Can Still Pay Big

To check the status of the program in your state, go to energysavers.gov/financial

Want to sell your home fast?

Price it right the FIRST time for TODAY’S market. The Real Estate agent’s job is to provide the seller with the current market statistics and trends so that the seller can make a smart pricing decision right from the start.

Tax Credit Deadline Extended

Congress has passed a bill extending the Homebuyer Tax Credit closing deadline to September 30, 2010. The extension applies only to transactions that had ratified contracts in place as of April 30, 2010, and have not yet closed.