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Chatham : Real Estate Advice

  • All16
  • Local Info0
  • Home Buying6
  • Home Selling3
  • Market Conditions0

Activity 9
Wed Jan 18, 2012
Terry Farnsworth answered:
Hi,

The tax credit you are referencing was not available in 2011, it expired in April of 2010. There are, however, many tax incentives/deductions for homebuyers. You can deduct:


1. Points paid on your loan
2. PMI premiums
3. RE taxes
4. Mortgage interest

Hope this helps - if you have any additional questions, please let me know...

Thanks,
Terry
... more
0 votes 1 answer Share Flag
Wed Jun 16, 2010
Anna M Brocco answered:
Any local agent can help you; he/she can give you information, schedule showings, etc. Contact any realty office(s) and inquire.
0 votes 1 answer Share Flag
Thu Apr 8, 2010
Jason answered:
$5,742 for the tax year 2009. You can search any property in Sangamon county on the tax assessors website.
0 votes 0 Answers Share Flag
Wed Dec 17, 2008
Eric Funk answered:
Hi Liz,
the problem is that home prices are currently dropping by around 1% per month.
When were your appraisals conducted?
0 votes 6 answers Share Flag
Fri Oct 24, 2008
Deborah Del Negro answered:
Hi Joe,

There are many buyers with the same thought process as you...There certainly are tremendous deals out there considering the current market. Your best bet is to align yourself with an aggressive and top producing Realtor here on the Cape. Make sure they have their ABR (accredited buyer representative) and know the specific area that you are intersted in. You are right, this is not a good market for "flipping". Bank owned and short sale properties are a thought as they are obviously priced well below value as to sell quickly. Most will need a bit of work but that is where you will find most of your deals... Just a fair warning....most bank owned properties in Barnstable County are getting within 95% of their asking price, especially if sold within 30 days. Again, your realtor will know where all the deals are..Most agents attend weekly tours to become familiar with the current inventory and are aware of certain properties where folks are anxious to move on. If you'd like a referral, I'd be happy to help. If you want the best resale value, make sure you buy as close to the beach as your pocket will allow. In fact, a brand new bank owned came on the market this morning directly across from famous Cragiville Beach. Call me if you want the info on that. If bank owned properties are not your thing, I still feel that you can find a good deal as all the other sellers still need to be priced well to compete with all the bank owned out there...
Good luck and hang in there...
ps..I know you wish to wait till spring ( you're probably hoping to have prices drop more) please consider interest rates too. Even if the price of a house drops 10-15K, the amount is nullified if the rates on a 30yr go up....that is of`course if you mortgage any of it....

Deborah Del Negro
Realtor, ABR, SRES
Today Real Estate
508-568-8183
... more
0 votes 1 answer Share Flag
Fri Feb 26, 2010
Denise Canell answered:
Hello! Most likely, it would be easier if the tenant is no longer there, and necessary updates were made. Is your tenant's lease nearing expiration? If you send me an e-mail to: denisecanellolson@remax.net, I would be happy to send you over everything active, pending and closed in Sutton Woods. I am very familiar with the development. Have a great day! ... more
0 votes 4 answers Share Flag
Wed Jul 31, 2013
AJ Heidmann answered:
If the inspection was done by the potential buyer, it is their property and may not be distributed without their permission and possibly that of the Inspector. The listing agent can make oral references, but you need to have your own inspection, just in case some items are "lost in transalation". Also, the buyer may not have shared all of the issues in the complete inspection report, so you need to have one done by an inspector of your choice. Better to spend a few hundred dollars and find nothing wrong than save those few hundred dollars and then spend thousands of dollars dealing with overlooked items.

I hope this helps,

AJ Heidmann, ABR, CRS, e-PRO
AHeidmann@CBMove.com
Coldwell Banker Residential Brokerage, Old Town Alexandria
"Serving Distinctive Clients & Properties in Northern Virginia"
... more
0 votes 10 answers Share Flag
Fri Mar 21, 2008
Tina Davidson answered:
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