Nigel Chapman

Behind on payments? Heading toward foreclosure? Think you are on your own? Need help, but don't know where to turn? Feeling embarrassed?

STOP WORRYING! HELP IS AT HAND!

We have all seen the little signs on the roadside "Sell your home now - for cash", "Facing foreclosure, call us". Yeah right. Most of the people that call end up in a foreclosure situation when they didn't need to! If the investor cannot negotiate the price he wants from your lender, he will often walk away! Leaving you against a wall!

Did you also know that a foreclosure affects your credit FOREVER! You can qualify for a mortgage in a little as 2 years after a shortsale! Think about your last credit application form, or even sometimes a job application. Did it ask "Have you ever had a foreclosure?". I bet it never said "Have you ever short saled your home?"!! Let my team walk you through the various options you may have.

Approx 40% of sales in the Des Moines Area this year could be distressed properties! or should we say VERY distressed owners?

We are real estate professionals. If we help you keep your house, we charge you nothing - you love us forever, refer us to all your friends and family and when you are ready to sell we will be waiting for your call! If we are unable to help you keep your home, we will all leave with our heads held high - know we have fought a great fight and done everything we can.

Loan mods, short refi's, Home Affordable refinance, shortsale, foreclosure. When you are ready to talk, call my team.

Beware of foreclosure rescue scams - help really can be FREE

Nigel Chapman 515 321-8094 Nigel@RealEstateConcepts.net

Read all my blogs at www.DesMoinesBlogger.com

Nigel Chapman, Managing Partner, RE/MAX Real Estate Concepts, 550 36th Ave SW, Altoona, IA 50009. Each office independently owned and operated. Equal Housing Opportunity.

The recent $8000 federal tax credit announced by the government is causing quite a stir here in Iowa. This is REAL money for you to spend! As long as you do not owe the IRS any money (and subject to a few exceptions) you can get an $8000 check back after you buy your first home. As a real estate broker, I specialize in the Des Moines Metro are and would love to tell you more about this great program. In fact, you can get a no obligation Q&A on the tax credit at http://www.8000dollars.com

A few questions we are regularly asked about the tax credit are as follows:

Q. What is a first-time home buyer?
A. According to law, a first-time home buyer is someone who has not owned a principal residence in the past 3 years. There is a test of homeownership history for married taxpayers which we can discuss if it may apply to you.

Q. I had no federal tax liability, can I still claim this tax credit?
A. Yes! This tax credit is refundable, meaning it can be claimed even if you have minimal (or even no) federal income tax liability. For example, if you are a qualified home buyer and owed the IRS $2000 on April 15th, you would receive a check for $6000 after claiming the tax credit ($8000 minus the $2000 you owed.)

Q. I have already filed my 2008 return, can I get this money before I file my 2009 return?
A. Yes. There are two common ways to do this. Your tax preparer can file an amended 2008 return. Another way would be reducing your tax withholding to accumulate cash by raising your take home pay.

Legal smallprint :) Nigel Chapman and RE/MAX Real Estate Concepts recommend that you seek legal and tax advice from an Attorney and or CPA of your choice. RE/MAX Real Estate Concepts, its staff and agents are not giving tax advice in any manner. This information is given for general guidance only. The information does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind nor should it be construed as such. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action on this information, you should consult a qualified professional adviser to whom you have provided all of the facts applicable to your particular situation or question. None of the tax information herein is intended to be used nor can it be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

Nigel Chapman, RE/MAX Real Estate Concepts, 550 36th Ave SW, Altoona, Iowa 50009. Call Direct 515 321-8094. Nigel@RealEstateConcepts.net. Licensed in Iowa. Each office independently owned and operated. Equal Housing Opportunity.