Viewing Posts for August 2009. 11 Posts Found.
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The United States Government Wants to Give You $8,000...We Can Help!

Act Now To Get First Time Buyer Tax Credit The $8,000 tax credit for first time buyers is working, drawing new people into the market and providing a big reason for growing home sales in metro Albuquerque. While the program ends November 30, as a practical matter, it ends in early September. That's because it typically takes from 45 to 60 days from signing a purchase agreement until a sale closes. ...

Coldwell Banker Legacy Purchases Assets of Broadcast Realty

Albuquerque, NM 8/24/09   COLDWELL BANKER LEGACY, NEW MEXICO’S LARGEST RESIDENTIAL REAL ESTATE COMPANY PURCHASES THE ASSETS OF BROADCAST REALTY   The transfer included the owners of Broadcast Realty, Max Sklower and Stan Byars, as well as most of the Brokers who practiced Real Estate with Broadcast Realty. Both of these owners had extensive management experience in the radio ...

Coldwell Banker Launches Apps for IPhone and Android

COLDWELL BANKER REAL ESTATE LAUNCHES FIRST-OF-ITS-KIND INTERNATIONALHOME SEARCH APPLICATION FOR IPHONE AND ANDROID DEVICES First National Real Estate Brand to Offer Automatic Notifications of New Listings Through a Mobile Application PARSIPPANY, N.J. – August 20, 2009 –Coldwell Banker Real Estate LLC today announced the launch of the first-ever international home search application for ...

Survey Finds How Men and Women Differ When Buying a Home

COLDWELL BANKER REAL ESTATE SURVEYS 1,000 MEN AND WOMEN TO DISCOVER GENDER DIFFERENCES IN THE HOME-BUYING PROCESS Survey Finds that While Couples Make Real Estate Buying Decisions Together, Women Make Up Their Minds Significantly Faster than Men             PARSIPPANY, N.J. (August 17, 2009) -   It often seems as though men and women ...

Tax Credit Offers Opportunity for Sellers and Buyers

The $8,000 tax credit for first time buyers is working, drawing new people into the market and providing a big reason for growing home sales in metro Albuquerque. While the program ends November 30, as a practical matter, it ends in early September. That's because it typically takes from 45 to 60 days from signing a purchase agreement until a sale closes. You must close and fund on your new home by ...

July Sales Report: Positive Trends Continue

The number of detached homes sold in metro Albuquerque during July increased from July 2008. The 735 sales represented the first year over year increase since April 2006. The improvement wasn't large, 31 sales or 4.4%, but as is said about athletic contests, a win is a win. July sales were also up 13.2% from June, continuing the monthly sales growth that began in February. The total value of detached ...

HGTV Dream Home 2010 Giveaway is in New Mexico

  Click on this link to view exciting video on the 2010 contest: http://www.hgtv.com/videos/hgtv-dream-home-2010-location/37981.html   HGTV Dream Home Main Page http://www.hgtv.com/dream-home
Tags: HGTV

Time is Running Out on 1st Time Buyer Tax Credit

Part of the Washington Stimulus Package from both last year and this year was the creation of an income tax credit for first-time home buyers. One significant change to the original credit this year was that the amount of the possible credit was increased to $8,000, up from $7,500 and that it does not have to be repaid. Let's review the last part of this one more time. The tax credit extended does ...

Mortgages Taking Longer to Close These Days

Effective July 30, 2009, legislation went into effect that mandates certain "cooling off" periods surrounding home loan applications. Dubbed HERA, or the Housing and Economic Recovery Act of 2008, the law mandates that certain trigger points of the mortgage application offer consumers time to evaluate whether a transaction is best suited for them. The impact from this legislation is that additional ...

Changes in Appraisal Process

vA property appraisal can no longer be ordered by anyone directly involved in the origination of a mortgage application where Fannie Mae or Freddie Mac will be the final investor in a mortgage. This is done to ensure that any final value in the appraisal will not be improperly influenced by any parties involved in the origination of the loan. This is a result of the Home Valuation Code of Conduct ...
Tags: appraisal
Viewing Posts for August 2009. 11 Posts Found.
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