Sherry Kotvis

The Associated Press just released an update that Senators agree to extend homebuyer tax credit. The popular tax credit has been used by many first-time homebuyers in 2009 and there is word that the credit will also benefit some repeat buyers.

The tax credit provides up to $8,000 to first-time homebuyers and is set to expire at the end of November. The article states that Senators agreed to extend the existing tax credit for first-time homebuyers while offering a reduced credit of up to $6,500 to repeat buyers who have owned their current homes for at least five years.

The tax credits would be available to homebuyers who sign sales agreements by the end of April. Furthermore they would have until the end of June to close on their new homes.

This fantastic news for first time homebuyers involved in multiple bid situations, rushing to own a home before the expiration which was schedule for November 30th. If you or anyone you know is interested in learning more about the First Time Home Buyer's Tax Credit, please contact me at 951-315-3201 or visit my website at WWW.SherryKHomes.com for further information.

As a full time Realtor in the Menifee and Temecula Valley's, I meet many clients that are struggling to make mortgage payments. Currently there are many homeowners that owe more on their properties than the home is actually worth.

Many American's are faced with difficult decisions. In recent time there have many scammers preying on homeowners in financial distress who are willing to spend their last dollars to grab a chance at saving their homes. Due to this raising phenomenon in recent times legislation was recently signed that anyone charging a fee in advance of negotiating a change in their terms is strictly prohibited.

SB 94 is the new law and became effective October 11, 2009. The law is designed to stop mortgage modification consultants who have taken thousands of dollars from borrowers and in turn done nothing except waste precious time to resolve their mortgage problems. The SB 94 law allows loan modification consultants to only take money from troubled borrowers after a loan modification solution has been provided. The law also stipulates that the consultant must inform the borrower that they have the option of consulting with their current lender or obtain free services from non profit organizations (such as Springboard.org) or from their current lender.

To learn more about SB94 please go to my web-site at WWW.SherryKHomes.com or call me at 951-315-3201. I would be happy to answer any questions and provide resources for those homeowners that need assistance and information on their options in regards to loan modifications.

Yes! You heard me! I LOVE Short Sales! I know most of you reading this think I am crazy, but there is a reason I love Short Sales! I have undergone intensive training endorsed by the California Association of Realtors. And what this training involves is a deep understanding of the short sale process, understanding what questions to ask a client when listing a property as a short sale and gathering the appropriate paperwork that the lender requires.

I Love Short Sales because I understand Short Sales. I know the questions to ask the lender while under negotiation. I am CSP Certified. What CSP stands for is Certified Short Sale Specialist. This Certification has put me ahead of the curve.

If you are a homeowner in the Temecula or Menifee Valley's and think you may need to Short Sale your house, want to learn more about the Short Sale Process or would like to know if you are a candidate for a Short Sale, I can certainly help you out.

I Love Short Sales when it comes to representing buyers as well! This is probably another CRAZY statement, but again it all comes down to being educated in the process and knowing the questions to ask. Waiting for a property for months and months is only for those that don't understand the process, know which properties to look at and what questions to ask.

I have successfully closed short sales both on the listing and buyer side. This is because I love short sales...while others run the opposite direction I take the challenge head on. Give me a try. I can help you with your Short Sale Transaction as well, whether you are a Buyer or Seller!

Maybe it is just me, but every now and than I hit a real lull.....when it comes to buyer's. I went on vacation and brought my laptop and cell with me. It seemed like my phone rang non stop and my email inbox was full every time I turned around. Ofcourse I always got back with my clients but felt somewhat paralyzed being about 2000 miles away.

I returned from vacation invigorated and ready to take on the world. BRING it ON! I would say...but now that I have returned to work it seems like my phone has gone dead! Is it just me or are buyer's hiding out somewhere...waiting for the next mad dash of REO properties to hit the market?

There are still lots of great deals in the Menifee, Temecula, Murrieta areas so if you are thinking of making the big move before the school year starts, I've got the time! And don't forget to beat the $8000 tax credit. Last time I checked the calendar we were just at about 130 days before the deadline! Don't wait! Give me a call to take advantage of a fantastic tax opportunity!

Gavilan Hills And Gavilan Springs Has It All!

Are you at that point in your life where you are tired of busy city streets, tired of living in a tract home where you can literally see your neighbor cooking dinner from your kitchen window and just want to live in the country?

Do you love horses, or maybe own a few and want to get back to nature? Does living on a beautiful equestrian ranch-horse property appeal to you?

Gavilan Hills or Gavilan Springs may be the answer for you!

Great Location!

Gavilan Hills is located just Southeast of Corona from the 15 frwy or just Southwest of Riverside from the 215 frwy. You will know you are close to home when you see the beautiful cool blue waters of Lake Mathews just to the north and smell the aroma of sweet nectar oranges all around you.

Thought You Couldn't Afford Gavilan Hills or Gavilan Springs?
Well, Think Again!

Gavilan Hills and Gavilan Springs currently has several horse property ranches available and at some unbelievable prices. You can now buy a 2000+ square foot home with over 2 acres for under $500K. Not too long ago I can remember homes in this neighborhood going for around $1 million!

I love this community and would love to share my knowledge. If you would like to learn more about this area, have questions or would like to receive a free list of available properties, please email me at team@sherrykhomes or call me at 951-315-3201 or go to www.gavilanranchestates.com