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$8,000 TAX REFUND FOR FIRST TIME HOMEBUYERS

04-02-10
Bob Alston
Bob Alston: Real Estate Agent in Yucaipa, CA

$8,000 TAX REFUND FOR FIRST TIME HOMEBUYERS

I just wanted to remind you, the $8,000 tax refund for first time homebuyers will be ending 4/30/2010. Your home must be purchased by 4/30/2010, and escrow has to close by 6/30/2010 to get your refund of up to $8,000.

The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000. There are also income limits. Time is running out. The problem is that some escrows take longer to close, like short sales.

As you know most homes are short sales now. That gives you 3 months from today to get your escrow closed.

The fact that the credit is refundable means that the home buyer credit can be claimed even if the taxpayer has little or no federal income tax liability to offset.

Typically this involves the government sending the taxpayer a check for a portion or even all of the amount of the refundable tax credit.

For example, if a qualified home buyer expected, notwithstanding the tax credit, federal income tax liability of $5,000 and had tax withholding of $4,000 for the year, then without the tax credit the taxpayer would owe the IRS $1,000 on April 15th.

Suppose now that the taxpayer qualified for the $8,000 home buyer tax credit. As a result, the taxpayer would receive a check for $7,000 ($8,000 minus the $1,000 owed). We still have time to find your house but time is running out.

I have experience, successfully buying and selling homes in the Yucaipa market. I know the neighborhoods, schools, market conditions, zoning regulations and local economy. I'll do the leg work, keeping you up-to-date with and conditions as they impact the Yucaipa market.

I'm a full-time real estate agent - anything less and you'd be short changed. I'll use my connections throughout the mortgage industry to get you the best deals possible. You'll be my only client in the real estate transaction. I'll guide you through the complexities of buying and/or selling a house, eliminating hassles and stress.

As a standard business practice I preview homes as they become available, keeping you apprised of market conditions as they evolve. I won't waste your time - when an offer is made, I'll require acceptance or a counter offer within 24 to 48 hours. You'll have the advantage of personal, one-on-one attention, as well as my dynamic web and e-mail resources.

MARKETING THAT SELLS HOUSES

03-31-10
Bob Alston
Bob Alston: Real Estate Agent in Yucaipa, CA

MARKETING THAT SELLS HOUSES

Provide a comprehensive Comparative Market Analysis showing you what other similar homes have sold for and active listings in your area. Also useful information about pricing your home.


Go over your property and help you determine things that could be done to help the house sell faster and inform you what to do when agents show your property.


List property in the Multiple Listing Service, which covers most of Southern California.

MARKETING THAT SELLS HOUSES


Install the most recognized sign in real estate.


Install an electronic lock box that most Multiple Listing subscribers in Southern California have access to.


Have the exterior and interior photographed for marketing purposes.


Advertise your property.


Make up color flyer for the flyer box on the yard sign.


Send flyers to real estate offices throughout the selling area.

Have a broker/agent tour so the real estate sales force will have the opportunity to see your house prior to showing it.


Obtain feed back from real estate agents that have shown the house and go over the feed back with you the seller.

MARKETING THAT SELLS HOUSES


Place in the Internet in several areas with multi color photos including web page exposure in www.bobsellshomes4u.listingbook.com, cbkt.net, coldwellbanker.com and verious other pages.


Go over all purchase contracts and give you the bottom line.


Provide all the Necessary State required disclosure forms.


Monitor the escrow and loan and keep you updated during the course of the escrow.


Deliver your final check from escrow and go over your closing statement.

MARKETING THAT SELLS HOUSES


The above marketing sells houses and has been working for me. I am flexible and always looking for new ideas and methods to improve my business. Remember, I want to sell the property in the shortest time, with the fewest problems and get the most amount for the property.

MARKETING THAT SELLS HOUSES

CODE OF ETHICS Article 4

03-08-10
Bob Alston
Bob Alston: Real Estate Agent in Yucaipa, CA

Article 4
REALTORS® shall not acquire an interest in or buy or present offers from themselves, any member of their immediate families, their firms or any member thereof, or any entities in which they have any ownership interest, any real property without making their true position known to the owner or the owner's agent or broker. In selling property they own, or in which they have any interest, REALTORS® shall reveal their ownership or interest in writing to the purchaser or the purchaser's representative. (Amended 1/00)

  • Standard of Practice 4-1
      For the protection of all parties, the disclosures required by Article 4 shall be in writing and provided by REALTORS® prior to the signing of any contract. (Adopted 2/86)

  • CODE OF ETHICS Article 3

    03-08-10
    Bob Alston
    Bob Alston: Real Estate Agent in Yucaipa, CA
    Article 3 REALTORS® shall cooperate with other brokers except when cooperation is not in the client’s best interest. The obligation to cooperate does not include the obligation to share commissions, fees, or to otherwise compensate another broker. (Amended 1/95) Standard of Practice 3-1 REALTORS®, acting as exclusive agents or brokers of sellers/ landlords, establish the terms and conditions of offers to cooperate. Unless expressly indicated in offers to cooperate, cooperating brokers may not assume that the offer of cooperation includes an offer of compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. (Amended 1/99) Standard of Practice 3-2 To be effective, any change in compensation offered for cooperative services must be communicated to the other REALTOR® prior to the time that REALTOR® submits an offer to purchase/lease the property. (Amended 1/10) Standard of Practice 3-3 Standard of Practice 3-2 does not preclude the listing broker and cooperating broker from entering into an agreement to change cooperative compensation. (Adopted 1/94) Standard of Practice 3-4 REALTORS®, acting as listing brokers, have an affirmative obligation to disclose the existence of dual or variable rate commission arrangements (i.e., listings where one amount of commission is payable if the listing broker’s firm is the procuring cause of sale/lease and a different amount of commission is payable if the sale/lease results through the efforts of the seller/ landlord or a cooperating broker). The listing broker shall, as soon as practical, disclose the existence of such arrangements to potential cooperating brokers and shall, in response to inquiries from cooperating brokers, disclose the differential that would result in a cooperative transaction or in a sale/lease that results through the efforts of the seller/landlord. If the cooperating broker is a buyer/tenant representative, the buyer/tenant representative must disclose such information to their client before the client makes an offer to purchase or lease. (Amended 1/02) Standard of Practice 3-5 It is the obligation of subagents to promptly disclose all pertinent facts to the principal’s agent prior to as well as after a purchase or lease agreement is executed. (Amended 1/93) Standard of Practice 3-6 REALTORS® shall disclose the existence of accepted offers, including offers with unresolved contingencies, to any broker seeking cooperation. (Adopted 5/86, Amended 1/04) Standard of Practice 3-7 When seeking information from another REALTOR® concerning property under a management or listing agreement, REALTORS® shall disclose their REALTOR® status and whether their interest is personal or on behalf of a client and, if on behalf of a client, their representational status. (Amended 1/95) Standard of Practice 3-8 REALTORS® shall not misrepresent the availability of access to show or inspect a listed property. (Amended 11/87) Standard of Practice 3-9 REALTORS® shall not provide access to listed property on terms other than those established by the owner or the listing broker. (Adopted 1/10)