Yes, it is almost true. You can buy a home between Jan 1 and Dec 1 2009 and get up to $8000 tax credit from the IRS. Not a tax deduction, but a credit. What this means is even if you only owe $5000 in taxes you would still get $8000. You must be a first time home buyer or at least not owned a home in the last 3 years. Most home types qualify. If you make over $150,000 for couples then the amount phases out. And believe it or not, you do not have to pay this back as long as you do not sell the house in the next 3 years.
If you are a buyer, it is time to get off the fence and buy a home. Many people can qualify for an FHA loan and the down payment can be as low as 3.5% of the purchase price. Contact Karen Cooper for more information on loans.
Be careful of groups that tell you they can help you (for a fee) with the new Obama Mortgage relif programs. The firms charge fees for what they tell borrowers are easy and simple negotiations with banks. In most cases, the firms take the home owners' money - often more than $1,000 - and do nothing or nothing more than the home owner could easily do himself.
The Federal Reserve recently issued this advice for people seeking to modify their mortgages:
Another option is to go a new Mortgage Help Site thru the U.S. Treasury Department. It went live on March 19 with its Making Home Affordable program, which aims to help home owners refinance or modify their mortgages.
The campaign includes a Web site at www.makinghomeaffordable.gov as well as a telephone hotline number at (888) 995-4673.
The federal government is targeting 9 million home owners whose loans are held by Fannie Mae or Freddie Mac.
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The Southern Oregon MLS is now posting REO (post-foreclosure) and Short Sale (pre-foreclosure) statitstics. The last quarter Dec 1 to Feb 28th, these sales made up 46% of the sold properties. Otherwise, sales statistics appear to be about the same in the number of sales as the same time period last year; although, overall median price is down 12.8% for the county.
My client made the front page of the Mail Tribune.
The single mom began looking for a home while Jackson County real-estate prices were still climbing. After hundreds of online views and 50 home visits, 5 years later, the pieces came together for the 43-year-old state worker when she bought a home with 5 acres north of Central Point for $161,000.
"Every deal kept falling through," Taylor said. "Five times I tried, including one house twice."
I am so happy she now has a house for her, her daughter, and her horse. It has been a long time coming, but she did things right. She took the "ABC's of homebuying" and worked on her credit. Now she owns a home.
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I have built my reputation on providing top-notch customer care & knowledgeable service as a Realtor. Whether you are a Buyer or a Seller in Ashland, Medford, or Mexico, you can expect the very best!
Hi, I am Krista Bolf, if you are looking for an experienced and knowledgeable Realtor in Ashland or Medford area, call me.
Selected by my peers as the 2009 Rogue Valley Realtor of the Year Award winner. The winner must have high ethics and be cooperative with fellow business practitioners, volunteer, and have advanced education skills. Only one winner a year out of over 850 Realtors.
If you want to visit my local website http://www.ashlandprowest.com you can find our more about me and the Ashland/Medford area.
Wouldn't you want to look for an experienced real estate agent in Ashland or Medford? I have been a licensed Realtor in Oregon since 1994 - Licensed in California 1990 to 1994. Homeowner since 1986. Involved in over 500 real estate transactions in and around Ashland and Medford, Oregon.
Interested in International Real Estate experience? Want to buy or sell in Mexico or other places? I own a Mexican corporation so I can sell property in Mexico- International Corporation de Inversiones . Look for good advice and Check out my international properties at:
http://www.BuyHomesinMexico.net
I am also a member of these international real estate associations
-AMPI-Association of Real Estate Professionals
- TRC-Transnational Referral Certified Agent, Subscriber Member of www.WorldProperties.com
Wouldn't you want a Realtor with Education? some of my education and training includes:
- ABR -Accredited Buyer Representative Advanced Training Specialized Buyer Agency training www.rebac.com
- CRS -Certified Residential Specialist Less than 5% of Realtors nationwide achieve this special training www.crs.com
When I refer my clients to other agents in other areas, I make sure that the agents have at these designations. These designations mean they are serious about their business and real estate is their career not a part time job.
Wouldn't you want to look for an Ashland or Medford area agent that knows her stuff well enough to teach it to others? I am a certified trainer for the ABC's of Home Ownership, and I also teach the basics of What is a Short Sale? , and the How to's of Buying Property in Mexico. I am a member of the National Association of Realtors cadre of international speakers
I think Home onwership is imprtant for all people so I volunteer with a group that makes this happen. - Ashland Community Land Trust President 2002,2003, 2005,2006
Do you want to know about schools? I have 4 children and they have gone to schools in Orange County, CA; and Ashland and Medford, OR.
Is it true that Oregonians don't want Californians to move here? No, as long as you don't Californicate our state, you are welcome. In fact, in Southern Oregon we have a saying.... When did you do time in California? Most of us have lived in previous lives in California. I lived in Los Gatos until 1978 and Newport Beach/Costa Mesa until 1993......Not that I would go back, but that is another story.
MY LISTINGS
This is one of my listings north of Cabo San Lucas - Click on to see virtual tour
Look at Propery in Southen Oregon!
Having worked in the real estate and finance industry since 1983, I have been a real estate broker specializing in first time home buyers from 1997-2005, the referral partners I work with are chosen very carefully. When I spend hours working with a first time homebuyer preparing for their first home purchase, I believe it is critical that their Realtor be extraordinarily knowledgeable, professional, ethical, and caring. These traits describe Krista Bolf perfectly, and I am thrilled to be able to refer people to her, from the first time home buyer to the luxury home buyer/seller to the sophisticated investor, knowing they will be working with one of the best Realtors in Oregon. ~ Karen Cooper - OR/CA Mortgage Consultant -
Krista, I just wanted to thank you for all you did to help me in my home search. You are so good at what you do!! J. Jay
How do I begin to tell you how mcuh I appreciate all the efforts you've made on my behalf? Beyond your professionalism, your endless patience, your endurance, my long-winded stories, your tolerance of my undoubtely repetitious questions...Thank you so much. JC
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