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Mike Sackman, Beaufort County SC Real Estate, Military Relocation, REO

Soft Shell Crab Festival, Port Royal,South Carolina!

It was a great time at the Port Royal Soft Shell Carb Festival yesterday! The sun was shinning, the people were friendly and the Crabs were just awesome. We had them from the Plum's booth and have to say they did a fantastic job! The antique cars were just unbelievable, I have to say the 68 Corvette was my personal favorite though the Mustangs were incredible! With the Beaufort Water Festival coming soon and a Taste Of Beaufort around the corner, and the Marine Corp Air Station Air Show, you need to make plans to get to one of these great events in Beaufort, South Carolina!

I have been out of the AR loop for a week or two, not because I don't love AR, but because the buying season is in FULL SWING and I have been shwoing properties non stop. There are some excellent deals to be had for those realizing the market has a massive inventory and the 8 thousand dollar tax break ends December 1, 2009 and want to take full advantage of it. Not to mention interest rates are still around the 5% range.....

Another Great week ahead! THINK POSITIVE!!!

With all the to do about the stimulus, the credit crisis, the bailouts, etc....I decided to focus solely on LEAD GENERATION and not let the "bad things" weigh me down(3 hours every day!). I stopped focusing on the what if's and buckeled down on what was most important in a buyers market, that being BUYERS!

The results have been remarkable, through follow up and great customer service I have two clients this week and 2 customers this weekend (will be clients!) April is looking AWESOME and I'm thankful for every one of my previous clients and future clients alike!

"POSITIVE IS~WHAT POSITIVE DOES"......THINK POSITIVE!!

www.BeaufortHomesToday.com

"CATCH THE POWER OF POSITIVE THINKING"

It IS Spring !!!!!

Please tell me spring has sprung, it is gorgeous outside! Hopefully we will keep it in the 70's for a month!!

Beaufort SC foreclosures and short sales

There are a few items I want to cover to help BUYERS understand more FORECLOSURES and SHORT SALES. The last 5 buyer contracts I have written recently have been one of the two. Not every situation is suited for a buyer to purchase a distressed property and I want to cover a few items.

FORECLOSURE SHORT SALE

OWNER OF PROPERTY BANK OWNER/SELLER

CONDITION AS IS AS IS (owner may do minor repairs)

TIME OF REPSONSE TYPICALLY <10 DAYS FROM DAYS TO MONTHS

TIME TO CLOSE 30-45 DAYS (UNLESS CASH OFFER) 30-45 DAYS AFTER ACCEPTANCE

INSPECTIONS ALLOWED ALLOWED

VA FINANCING YES (MUST PASS INSPECTIONS) YES(MUST PASS INSPECTIONS)

FHA FINANCING SAME SAME

CONTRACT NEGOTIATION BANK OWNER, BANK HAS FINAL SAY

There are many pro's and con's to purchasing a distresed peoperty. If you are interested in finding out more and need help deciding if these properties are for you, please visit my website, www.beauforthomestoday.com and register for a free consultation.

A Military must read!

This is truly great news for our men and women in uniform and I feel it's my duty to pass it on to everyone I can. If you have represented a military family, please pass it on to them!

The financial strain affecting so many military families required to move in a bad housing market may soon be alleviated in the newly passed $787 billion stimulus package.

The stimulus - signed into law by President Obama on Feb. 17 - features a provision titled the Military Homeowners Assistance Program (HAP). HAP benefits (normally payable only at BRAC locations) will be extended to certain military homeowners who bought homes before July 1, 2006 and who sell the homes before Sept. 30, 2012, according to MOAA.com.

HAP was originally written in response to rising foreclosures and the credit crisis, and seeks to add more than $400 million to help military homeowners who are in the middle of foreclosure, or unable to sell their homes in the event of a permanent change of station order.

What's more, HAP will not only provide help to military homeowners who receive PCS orders and are unable to sell their homes, but will also assist wounded warriors who must relocate due to medical reasons, and surviving spouses of fallen servicemembers who are also forced to move.

The bill "will change this country for the better," said Rep. David Obey, D-Wis., who heads the House Appropriations Committee, in a MarketWatch Report.

The secretary of defense will use these funds to acquire titles to servicemembers' homes or reimburse individuals for losses after a private sales or foreclosures, reports The Washington Post.

"We must stem the spread of foreclosures and falling home values for all Americans and do everything we can to help responsible homeowners stay in their homes," said Mr Obama in a speech after he signed the bill.

Additionally, the stimulus will help military families who want to buy their first home. A first-time Homebuyer Tax Credit was included in the stimulus to give prospective home buyers a credit of 10 percent of the purchase price, up to a maximum for $8,000. The previous requirement for consumers buying homes after Jan. 1, 2009 to pay the money back would be removed, unless the house is sold within three years of purchase.