Rhonda Real Estate Tips
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Check Out The Proposed Tax Credit For 2010
Posted Under: Home Buying in Brooklyn | October 29, 2009 8:25 PM | 126 views | No commentsTHE PROPOSED NEW PLAN FOR THE $8,000 FREE TAX CREDIT
Hello, I'm back and feeding you real estate information that will satify your investment appetite.
I know you guys are probably tired of reading about the Tax Credit for $8,000 but if you plan to buy real estate you need to keep up to date.
I just read that the Senate is considering extending the Tax Credit through part of next year and not just 1st time home buyers either. Read the article and see what you think about the new plan.
Click below (Compliments of the Wall Street Journal)
http://online.wsj.com/article/SB125684732564916879.html?mod=WSJ_hpp_sections_personalfinance
Read the article and come back to tell me what you think and I will be responding to some of the comments.
Rhonda Holt
Full Time Top Sales Agent
Weichert Realtors, H.P Greenfield
Brooklyn, NY
Cell: 646-725-5941
Email: HelpMeRhonda1919@yahoo.com
www.Twitter.com/HelpMeRhonda09 -
DO YOU REALLY NEED A REAL ESTATE AGENT TO PURCHASE A HOME TODAY?
Posted Under: Home Buying in Brooklyn | October 15, 2009 7:41 AM | 154 views | No commentsDO YOU REALLY NEED A REAL ESTATE AGENT TO PURCHASE A HOME TODAY?
Hello, thank you for reading my blog today.
Today, many buyers think they can purchase a home without a real estate agent and have lost time and money because they did not have proper representation. Now of course I’m not talking about agents that are lazy, inexperience agents, an agent hardly ever in the office or don’t return phone calls. I’m talking about using an experienced agent that loves this business, has experience and success, and knows how to treat buyers with respect.
**In real estate the saying goes, “If a buyer is serious about buying and loyal to an agent then the agent will work hard for the buyer…..plain and simple.”
Granted, agents come across tons of buyers without even trying which means the agent has to carefully select who they will spend their precious time with. If you are a serious buyer and you have found a wonderful agent that knows this business and has the ability and skills to find you a home and walk you through the process, then you are luckier than most. But real estate agents have a leg up on buyers when it comes to finding properties and helping you get the home you want.
Below are some reasons why you should have an agent represent you in the home buying process:
- Agents have first access to homes that come into their office before it hits the market for the public and other agents to see.
- Agents know about homes that aren’t even posted on the internet or in newspapers.
- Agents can find out if there’s any offers or a contract on a particular home before you can.
- Agents will get other agents into homes faster than if a buyer calls on their own.
- Agents have the ability to get keys and codes to lockboxes to get into multiple properties.
- Agents have direct access to recent sales, in contract information and newly available home reports over buyers.
- If you cannot find the home you want agents have the ability to market to certain neighborhoods to see if anyone would like to sell or have expired from the market and may to resell.
- Agents act as the manager of your deal and negotiate a better price, terms and conditions on your behalf.
- An agent is there to protect your interests when it comes to assisting you with the process and providing documents, setting up and attending inspections and appraisals, working with the mortgage rep, communicating with all parties to make sure things are getting done in a timely fashion and providing support and solutions at the closing.When you use an experienced agent with a good reputation you can trust that you will be protected and provided with good service. A real estate agent that knows the process from start to finish will allow you to have a better experience and to eliminate some of the stress that comes with buying a home. It’s a big investment and you should make sure you are represented by an agent that has your best interest at heart.
I hope this blog has helped you. Keep coming back for more!!!
Rhonda Holt
Full Time Top Sales Agent
Specialize In Co-ops and Home Sales
Weichert Realtors, H.P Greenfield
Brooklyn, NY
Email Me: HelpMeRhodna1919@Yahoo.com
My Site: www.KandHhomes.com -
Guess Who's Getting The Extended Tax Credit Til 2010?
Posted Under: Market Conditions in Brooklyn | October 9, 2009 7:42 PM | 251 views | No commentsOkay, I know buyers have been waiting for the First Time Home Buyers Tax Credit to be extended. Buyers are jumping through hoops to get into contract and I have had my buyers in contract calling me asking if I think they will close by November 30, 2009.
SO HAS THE TAX CREDIT BEEN EXTENDED?
Oh yes, Congress just passed it today for the tax credit to be extended but you're not going to believe to who. Now not saying these people don't deserve it, but it would be better if all buyers could benefit.
Click on the link below and read the news article released.
http://www.usnews.com/money/blogs/the-home-front/2009/10/08/house-votes-to-extend-first-time-home-buyer-tax-credit-for-service-members.html
Leave comments so I can read how you feel whether your a buyer, seller or agent. Thanks for reading my blog and I look forward to your comments.
Rhonda Holt
Full Time Top Sales Agent
Specializing In Co-ops and Home Sales
Weichert Realtors, H.P Greenfield
Brooklyn, New York
Cell: 646-725-5941
My Site: www.KandHhomes.com
Email: HelpMeRhonda1919@Yahoo.com
*JOIN ME ON TWITTER.COM AT: http://www.twitter.com/helpmerhonda09 -
Buyers! Why You Have To Be In Contract In 2 Weeks!
Posted Under: Home Buying in Brooklyn | September 25, 2009 10:54 AM | 264 views | No commentsHello, I am writing this brief blog today to let you know that if you are still looking for a house and you are a first time home buyer then you have to run to find a house. Why? If you want to take advantage of the $8,000 Tax Credit which ends November 30, 2009, then you have to find a house and get into contract now.
It takes at least 60 days with everyone working diligently and efficiently to close the deal in time. So you need to have your mortgage person in place, your attorney, all your financial documents and so forth in place if you are going to make the deadline.
READ THE BELOW ARTICLE RELEASED FROM THE LA TIMES TODAY:
http://www.latimes.com/business/la-fi-mortgage-taxcredit25-2009sep25,0,3840312.story
If you need any assistance feel free to give me a call or shoot me an email to ask any questions or to get assistance with finding a home.
Rhonda Holt
Full Time Top Sales Agent
Specializing In Co-ops and Home Sales
Weichert Realtors, H.P Greenfield
1712 Utica Avenue, Brooklyn, NY 11234
Email: HelpMeRhonda1919@Yahoo.com
Cell: 646-725-5941
http://www.KandHhomes.com -
Is The Recession Finally Coming To An End? Washington DC Reports
Posted Under: Home Buying in Brooklyn | September 15, 2009 10:48 AM | 272 views | No commentsHello, thank you for taking the time to read my blog today.
I was just fumbling through some articles online to get updates on the market and I read an interesting article about the recession that was reported from Washington, DC Federal Reserve. As a buyer I feel you have to know what is going on with the recession in the world and especially where you live.
Click on the link below to get the scoop
http://news.yahoo.com/s/ap/20090915/ap_on_bi_ge/us_bernanke
Keep coming back to my blog and to view all of the homes that me and my partner Pierre King has online.
Rhonda Holt
Full Time Top Sales Agent
Specialize in Co-ops and Home Sales
Weichert Realtors, H.P Greenfield
Brooklyn, NY 11234
Email: HelpMeRhonda1919@Yahoo.com
Site: http://www.KandHhomes.com
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Co-op Queen! Differences Betw. Co-op & Condo Fees!!
Posted Under: Home Buying in Brooklyn | September 4, 2009 3:28 PM | 396 views | No commentsI get this question all the time from buyers that are confused about how condo and co-ops work. Many feel that because condo fees are so low that they are in essence saving money. Others feel that when they see higher co-op maintenance fees that they are too high. Since this has become a question that is very popular for me to answer, I thought I would give you some insight.
As you read this blog, know that both the condo common charges and the co-op maintenance fees is a separate monthly bill from your mortgage payment.
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Condo Common Charges:
When you buy a condo the common charges are low. For example a two bedroom condo may cost $250.00 a month. This sounds really low doesn't it?
The fact is, condo common fees are low for one reason and its because they don't include property taxes or utilities. Also, your condo fees aren't tax deductible.
What does your Condo common charges include:
Common charges are fees that cover the common areas of the condo building or complex. What is a common area? The common areas are areas that everyone shares such as: the lobbys, hallways, elevators, tennis court, gym, the exterior grounds and the community center, etc. Also the fee includes the hiring of the staff that manages and maintains the property.
Common charges are not tax deductible and usually does not include any of your utilities.
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Co-op Maintenance Fees:
When you purchase a co-op you will have to pay a maintenance fee. For example, the monthly maintenance fee for a co-op may cost $750 or more per month. Why is this number so much higher than the condo common charge fee?
Co-op maintenance fees have more of your monthly costs rolled into it, such as:
-Utilities (usually the gas, heat and water and very rarely the electricity is included)
-Property Taxes - Included in your maintenance fee already is your property taxes. The corporation that owns the building pays taxes and as a shareholder your portion is rolled into your maintenance.
- Tax Write Off - Since your maintenance fee includes your property taxes, your maintenance fee is tax deductible (sometimes as high as 55% tax deductible depending on the cooperative you choose to live in).
- Star Program - This is a program offered to co-op shareholders so you can get a discount on your monthly maintenance fee.
In closing, both condo common charges and co-op maintenance fees somewhat are pretty even in cost. The monthly cost of a condo can cost you more since you have separate property taxes and you have to pay your own utilities which can be costly if you're not careful.
I hope this blog article has helped you better understand the difference between condo common charges and co-op maintenance fees.
If you have any questions feel free to contact me for a free consultation. Also, if you are a serious buyer looking to purchase a co-op or condo in Brooklyn before the year ends give me a call.
Rhonda Holt
Full Time Top Sales Agent
Specializing in Co-op/Condo and Home Sales
Weichert Realtors, H.P Greenfield
Brooklyn, NY 11234
Cell: 646-725-5941
My Site: www.KandHhomes.com
Join Me On TWITTER.com at: www.Twitter.com/HelpMeRhonda09 -
Where You Can Get Down Payment & Closing Cost Help Now!
Posted Under: Home Buying in New York | September 3, 2009 4:48 PM | 398 views | No commentsI have blogged two days in a row because time is ticking for first time home buyers to get the $8,000 free tax credit for this year (you must close on your home by November 30th) and because the market is slowly bouncing back and the opportunity of a lifetime with low prices and low interest rates will soon be a distant memory.
So you know me, I like to get straight to the point so since time is not on your side right now. Let's talk about getting you some cash in your hands to help you purchase a property this year.
The program is called The Neighborhood Housing Services (NHS). They have offices in all five boroughs.There services cover 6% of the down payment or closing costs if you are purchasing a 1-4 family home, co-op or condo.
I have personally dealt with Roger Maxwell 718-469-4679 located in East Flatbush. LET HIM KNOW I TOLD YOU ABOUT NHS AND TO GIVE YOU GREAT TREATMENT.
It's easy and the staff at the offices are well trained and give you the education and free grant if you qualify. This is an excellent program and I highly suggest you contact an office near you today.
Click here to get all the details and go to an office near you right now.
If you are a serious buyer and you are ready to go but need a little assistance, have questions or need to find a property call or email me.
Rhonda Holt
Full Time Top Sales Producer
Specializing In Co-ops and Home Sales
Weichert Realtors, H.P Greenfield
Brooklyn, NY
Email: HelpMeRhonda1919@yahoo.com
My Site: www.KandHhomes.com
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