Tari Lynn Crompton

Our market conditions are no where near 10 listings to every sale.... homes that are priced right, marketed well, in good condition, with a good location are selling. Interest rates are low & we are seeing lots of buyers moving here as well as local buyers...right now is the usual rush before school starts. .... Marketing & Selling Expert ---Tari Lynn Crompton---Broker/ Owner TLC Real Estate Inc. Omaha, NE - Fri Jul 25 2008, 12:20

There are alot of variables to the question but in general, if you price your house to fit houses in a different neighborhood, not yours it will not sell, you need a good realtor to help you gain the competitive edge you will need to sell in this market and make sure the house is priced right, so you get the most you can for selling price.... Marketing & Selling Expert ---Tari Lynn Crompton---Broker/ Owner TLC Real Estate Inc. Omaha, NE - Fri Jul 25 2008, 08:47

Maybe you should make a change, not lower the price again, but you need to do something the best market time is now. - Tue Jul 15 2008, 10:23

If the price is right, then it may be the marketing...you shouldn't have to give away your house...you need to be competitive in condition & price....Did you get feedback from the buyers who did see your house? Did they say it was priced too high? It is not always the price, there are alot of other things it could be. As a marketing & selling expert I usually KNOW why my listings are not selling & I let the sellers know it is up to them to fix the problems or not (I do help if I can). That is not very many showings for 4 months. Really your realtor should know the answer to this question. - Mon Jul 14 2008, 20:53

Sorry my answer before did not post right & was too hard to understand all strung out like that. There is an explanation on my website that explains the whole "buy vs rent". http://www.TLC-RealEstate.com I am not trying to sell you anything ....I live in Omaha NE..... Renting is truly a waste of money though, it's good for the landlord/ owner. The market might be down right now but it is unlikely that it will stay down for long. - Tue Mar 11 2008, 18:43

Should you rent or buy a home? This question can be answered by determining what happens to your wealth when you buy a home. To calculate the impact on your wealth you need to take into consideration your monthly rent versus a mortgage payment, the costs associated with buying a home, the income tax deductions of mortgage interest and real estate taxes, and the rate of home appreciation.

To illustrate this consider these factors: Home Value = $90,000 Rent = $800 Insurance = $480

Real Estate Taxes = $1,600 Annual Appreciation = 4% Interest Rate = 7.03%

House Payment = $804 (P&I=$594, Taxes=$133, Ins.=$40, PMI=$37)

Wealth Factor
Year 1
Year 2
Year 3
Year 4
Year 5
Total

Home Value

Appreciation
$90,000

$3,600
$93,600

$3,744
$97,344

$3,894
$101,238

$4,050
$105,287

$4,211
$19,499 gain due to Appreciation

Annual Rent

Annual Mortgage

Difference
$9,600

$9,652

($52)
$9,600

$9,652

($52)
$9,600

$9,652

($52)
$9,600

$9,652

($52)
$9,600

$9,652

($52)
$260 loss due to higher payments

Closing Costs
$700
$700 loss

(expense to buy)

Annual Principle Payments
$899
$964
$1,034
$1,109
$1,190
$5,196 gain

(Ammortization)

Interest Tax Deduction

Federal (15% bracket)

State (5% bracket)

Total Deduction
$934

$312

$1,246
$924

$309

$1,233
$914

$305

$1,219
$903

$301

$1204
$891

$297

$1,188
$6,091 gain

Tax Benefit

R E Tax Deduction

Federal (15% bracket)

State (5% bracket)

Total Deduction
$240

$80

$320
$240

$80

$320
$240

$80

$320
$240

$80

$320
$240

$80

$320
$1,601 gain

Tax Benefit


Total Wealth Increase = $31,427

If you buy a home your wealth would increase by $31,427.

This is a very modest estimate. Interest rates are much lower, rents are always increasing, and generally appreciation is 5%. Therefore the wealth increase would be a lot higher but it gives you an idea. The more home you buy the more you would increase your wealth also. This is why Real Estate is such a great investment.

Rates are DOWN, prices should go up... don't let the market scare you into not taking advantage while the Real Estate prices are down!!!
For Professional Real Estate Services contact Tari Lynn Crompton.
(402) 714- 5243. tlcreale@cox.net - Tue Jan 29 2008, 17:56

Elizabeth,
There are also links on the site to find out more about Omaha and the neighborhood reports are very interesting. Some great areas are Millard, Papillion, & Bellevue. If you ever have any questions feel free to contact me anytime. Good Luck to you and your husband! All my best! Tari

Tari L Crompton (402) 714-5243
Professional Real Estate Broker
tlcRealE@cox.net
TLC Real Estate Inc http://www.TLC-RealEstate.com
**For free Buyer and Seller tips visithttp:// http://www.TLC-RealEstate.com - Sat Feb 9 2008, 08:44

I have many clients that I am presently workin with that are relocating to the Omaha area. They love my website, it is full of information. You can do home searches, each provides information on neighborhoods and schools, you can save your listings to a cart, reveiw your favorites & add listings at anytime. Papillion, a suburb of Omaha, was ranked by money magazine & CNN as the 6th in the top 100 places in the country to live. If you would like to find out more about me or Real Estate here in the Omaha Area visit http://www.tlc-realestate.com or feel free to contact me anytime. I would love to help.
Tari L Crompton (402) 714-5243
Professional Real Estate Broker
tlcRealE@cox.net
TLC Real Estate Inc http://www.TLC-RealEstate.com
**For free Buyer and Seller tips visit http://www.TLC-RealEstate.com - Fri Feb 8 2008, 17:08

I would do a short sale...but if you are already but getting no interest then your price is too high still, have your agent price it to sell. Here you need a strong agent who can explain what the price should be to the bank. The bank also wants it to sell, not just be for sale. - Fri Feb 8 2008, 11:47