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>Dfinition of a short sale: A short sale
of a property is where a homeowner must sell their home due to a
hardship (usually financial) for less money than what is owed to the mortgage
holder(s). In a short sale the seller
must get permission from the lien holder(s) to sell for less money than what is
owed.
Many times their can be ...
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With the latest and greatest in Mapping Technology from Google and Bing, you can now find out so much about a house before you even show up for a showing in your home buying search.
Being able to zoom in on a satellite map is now a basic must have of any map site. You can now see what is near a home, whether it is train tracks, ...
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Following is a list of house styles as complied from the National Association of Realtors website Realtor.org. I have compiled a list of home styles you might see in the greater Boston/ New England area. New England being the home of our countries early population offers a diverse array of house styles to suit anyone's ...
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First the bad news!! Short sales take time. I may be 90-120 days before you receive a response to your offer, sometimes more. You must be able to wait several months before receiving a response from the seller/bank regarding your offer.
The good news!! Short Sales can realize a potential savings of 3-10% or even more ...
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The home buyer tax credit has been recently extended to April 30th, 2010. A purchase and sale must be signed by this date and completed by June 30, 2010.
Some new provisions have been added:
repeat buyers can receive a tax credit of $6500
and income limits have been raised to $125,000 for single taxpayers $225,000 for married ...
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There is a lot of news media how bank owned properties (also called Foreclosed, REO) are on the rise. Many buyers are out sorting through these foreclosed home to find the deal of the century. Is a foreclosed home really a deal?
Maybe is the true answer. In areas where there are large numbers of distressed homes the bank may be ...
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For the buyers sitting on the sidelines wondering if the time is ripe to buy or not.... I think the answer is get off the fence and buy!!
House prices may still be dipping but in many parts of the country they are starting to stabilize. Pending homes sales have been climbing steadily month after month. Interest rates are still ...
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The Senate agreed last Wednesday to extend the First Time Home Buyer Credit, while making provision for homeowners that would like to buy that currently own a home.
"The tax credit provides up to $8,000 to first-time homebuyers but is
set to expire at the end of November. The Commerce Department said
Wednesday that new home sales fell 3.6 ...
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Across the Unites States termites are reported to cause over $5 billion in property damage. The problem with termites is their activity an go unnoticed until there is a serious problem. Termites can take residence in a property for 5 or 10 years or more before any damage is detected.
Termites entire from the ground through cracks in the ...
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Boston Globe
Hundreds of first-time home buyers in Massachusetts will be able to get an advance on an $8,000 federal tax credit, allowing them to apply the money to down payments and closing costs, under a new program unveiled by Governor Deval Patrick yesterday.
Jenifer B. McKim
July 15, 2009
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Mass. ...
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