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Casey Bui

Rent vs. Buy - a cartoon explanation

11-06-09
Casey Bui

Buy vs. Rent in Edmonds, WAThis animated video can help you decide to buy vs. rent. It's a straightforward look at some of the pro's and con's of buying and selling. There are so many advantages - from tax deductions, to zero or reduced capital gains tax on certain profits of a future sale of your home, to simply having ownership in a community - that it's important you know before you rule it out. Of course you will want to consult with a CPA or other financial expert to learn about your specific situation.

Don't miss out on the convergence of exceptionally low interest rates, low real estate prices, federal tax breaks for new and current homeowners and the opportunity to take ownership in your community.

Seattle Times article on city of Edmonds, WA

11-06-09
Casey Bui

Downtown Edmonds, WA fountainEDMONDS, WA -- Seattle Times writer Lynn Thompson wrote a nice article on Edmonds, WA in the November 5, 2009 edition of the paper. It focuses mainly on how the town has evolved and yet kept true to its past, with the shops and stores that have clustered around the downtown area.

It's worth the read. Perhaps over some coffee or breakfast at your favorite eatery.

Congress extends & expands Homebuyer Tax Credit.. awaiting Presidential signature

11-06-09
Casey Bui

New home owners huggingOn Wednesday, Nov 4, the U.S. voted 98-0 to pass the expanded Homebuyer Tax Credit and yesterday, the House voted 403-12 in favor of it as well. The extended and expanded bill now goes to President Obama for his signature. Among the bill's provisions, it will:

  • extend the $8,000 first time homebuyer tax credit through April 30;
  • create an additional $6,500 tax credit for current homeowners who have lived in their property for 5 consecutive years out of the past 8 (they must sell that home too);
  • require proper documentation (aka proof) that they purchased a home on their federal tax filings.

For details, check out this summary of the tax credit changes on my Google Docs.Uncle Sam with a bag of cash

I've also posted a FAQ summarizing homebuyer tax credit changes for those who have further questions.

First-time homebuyer tax credit -- cartoon explanation

11-05-09
Casey Bui
New Page 1

The United States Senate has passed the home buyer tax credit extension (and expansion) 98-0 and has sent it to the House of Representatives where House Majority Leader Steny Hoyer has said it will likely get passed and sent to President Obama for signature. 

 

I thought this would be a good opportunity to share a cartoon that was developed to explain how the tax credit works. The cartoon states that the credit expires at the end of November, but we'll go on the assumption that it'll actually get extended.

 

Sex offender information in Washington state

11-05-09
Casey Bui

Sex offender map for Edmonds, WA

EDMONDS, WA -- As I work with prospective buyers, one of the many questions that seems to come up consistently is about crime in particular neighborhoods. Every since the state of Washington required sex offenders to register, this issue has emerged as one of the more visible and often watched pieces of information in the state.

Did you know that there is a website run by the Washington Association of Sheriff and Police Chiefs that allows you to see how many (and what level) of sex offenders live in a particular area? The good news is that this information is really easy to access. You can get sex offender living information from this link. The bad news is that "they're everywhere."

But rather than be a cause for alarm, I think we should realize how much of an issue this is and be mindful of our surroundings and those around us. It's our unfortunate reality these days.

Just click on the county you want to search and then click the "Search" button. You can also sign up for email alerts for your neighborhood.

I hope you find this resource valuable. But dont' let it run your life or become overly freaked out about where you live (or want to live). And don't start witch hunts! :)

Casey