More than just $8,000 tax credit, there's more...
The Federal tax credit has been extended for first time home buyers until April 30, 2010 and now buyers who already own homes can now claim $6,500 if they owned their current residence for at least five years! as long as they close by June 30, 2010.
1) Find a Real Estate Professional: They are paid by the Homeowner, not you! that means a free service for you.Utilize their services to help you avoid the pitfalls, help with negotiations that won't give away your strategy and do all the legal paperwork involved with buying a home.
2) Talk to a Lender for Pre-Approval: This determines your comfortable loan limit that can maximize what loan you want to pay for the term of your homeownership.
3) Look at Homes: Ask Sonny Kwan to sign you up for his free property tracker system which sends you emails of any property that goes on the market (the same time agents see them)
4 Write up an Offer: Sonny will give you the best advice on how much to offer the seller since he/she knows that real estate market better than anyone else.
5) Negotiations: Sonny will help you get the most out of the presentation of your offer.
6) Earnest Money: Be prepared to write a earnest money check to the escrow company you choose so that the offer looks appealing to the homeowner.
7) Home Inspection: This is highly advised, this will determine if there are any major defects to the property. ie. cracked foundations or roof leaks. About $400 paid by you.
8) Open Escrow / Order Title: The escrow company will handle the paperwork between you and the homeowner without you or them ever meeting. The title company will look over the title to the property to make sure there are not any defects to the title.
9) Appraisal: The bank wants to ensure that the home you made an offer on is priced accordingly. You may need to pay up front, depending on the bank.
10) Obtain Homeowner Insurance: Make certain this home can be insured, in most cases, premiums may be much higher on risky investments.
11) Do a Final Walk Through: usually 3 days before you sign paperwork at escrow. Sonny Kwan will address any serious issues before closing.
12) Sign Loan papers, Close Escrow and Take Possession: Your property deed, seller re-conveyance and deed of trust will be filed and recorded with the county. then you are a new homeowner! Congratulations!!
This entire process takes 45 - 60 days, so start looking now to beat the April 30th 2010 deadline!
© 2009 By Sonny Kwan All Rights Reserved
Photo taken with a Nikon D40X 18-55mm by Sonny Kwan Realtor® with John L Scott Real Estate Seattle, WA, All information is believed to be accurate, but is not warranted in any way. Visit my website www.seattleidx.com to search all homes on the internet or contact me for a referral of a great agent in your area!
© 2009 By Sonny Kwan All Rights Reserved
Avenues
(Between Northwest and Northeast)
200 Palatine
900 Linden
1400 Interlake
2200 Stroud
300 Greenwood
1000 Aurora
1500 Ashworth
2100 Meridian
400 Phinney
1000 Whitman
1600 Woolawn
2200 Bagley
450 Francis
1100 Woodland Park
1700 Densmore
2300 Corliss
500 Dayton
1200 Midvale
1800 Wallingford
2400 Sunnyside
600 Evanston
1300 Stone Ave.
1900 Burke
2500 Eastern
700 Fremont
1300 Stone Way
North and West
100 Denny
1500 Galer
2500 Louisa
3200 Dravis
200 John
1600 Garfield
2500 Smith
3200 Martin
300 Thomas
1700 Hayes
2600 Raye
3300 Cremona
400 Harrison
1800 Blaine
2600 Roanoke
3400 Argand
500 Republican
1900 Howe
2700 Edgar
3400 Bertona
600 Mercer
2000 Newton
2700 Newell
3600 Ruffner
700 Roy
2100 Crockett
2800 Amour
3700 Tilden
800 Valley
2200 Boston
2800 Hamlin
3800 Emerson
900 Aloha
2300 Lynn
2900 Fulton
4000 Thurman
1000 Ward
2400 Calhoun
2900 Shelby
4200 Elmore
1100 Prospect
2400 McGraw
3000 Barrett
4300 Jameson
1200 Highland Dr
2400 Miller
3000 Florentia
4500 Fort
1300 Comstock
2400 Wheeler
3100 Etruria
4700 Lawton
1400 Lee
2500 Halladay
3200 Allison
5300 Cramer
South and Southwest
100 Yesler
3200 Hanford
5900 Juneau
8500 Tillman
200 Washington
3300 Byron
6000 Raymond
8600 Cloverdale
300 Main
3300 Horton
6100 Spencer
8700 Donovan
400 Jackson
3400 Hinds
6200 Bateman
8800 Trenton
500 King
3600 Spokane
6300 Graham
8900 Concord
600 Weller
3600 Walden
6300 Kenny
9000 Henderson
700 Lane
3700 Court
6400 Eddy
9100 Director
800 Dearborn
3700 Manning
6500 Morgan
9200 Barton
900 Charles
3700 Orleans
6600 Warsaw
9300 Benefit
1000 Plummer
3800 Charlestown
6700 Brighton
9300 Fletcher
1100 Norman
3900 Bradford
6700 Holly
9500 Cambridge
1200 Connetticut
4000 Andover
6800 Willow
9600 Burns
1300 Judkins
4100 Dakota
6900 Mills
9600 Roxbury
1400 Day
4200 Adams
7000 Frontanac
9700 Pilgrim
1500 Atlantic
4300 Nevada
7100 Myrtle
9800 Norfolk
1600 Massachusetts
4400 Genesee
7200 Garden
9900 Gazelle
1700 State
4400 Ferdinand
7300 Othello
10000 Cooper
1800 Grand
4500 Oregon
7400 Fontanelle
10000 Thayer
1900 Holgate
4600 Snoqualmie
7500 Webster
10100 taft
2000 Plum
4700 Alaska
7600 Austin
10100 Victor
2100 Hill
4800 Angeline
7600 Ida
10200 Ryan
2200 Walker
4900 Edmonds
7700 Holden
10300 Ruggles
2300 College
4900 Shelton
7700 Portland
10400 Prentice
2400 Stacey
5000 Hudson
7800 Chicago
10700 Creston
2500 Grayson
5100 Pearl
7900 Kenyon
10800 Bangor
2600 Waite
5200 Dawson
8000 Monroe
10800 Hazel
2700 lander
5300 Bennett
8100 Elmgrove
11100 Fountain
2800 McClellan
5400 Brandon
8200 Southern
11200 Leo
2900 Forest
5500 Lucille
8300 Rose
12000 Juniper
3000 Stevens
5600 Findlay
8400 Thilstle
3100 Winthrop
5700 Orcas
8500 Concord
5800 Mead
City Center and East
100 Yesler
800 Columbia
1600 Pine
2400 Battery
150 Fir
900 Marion
1700 Olive Way
2500 Wall
200 Spruce
1000 Madison
1800 Howell
2600 Vine
300 Alder
1100 Spring
1900 Stewart
2700 Cedar
400 Terrace
1200 seneca
2000 Virginia
2800 Clay
500 Jefferson
1300 University
2100 Lenora
2900 Broad
600 James
1400 Union
2200 Blanchard
3000 Eagle
700 Cherry
1500 pike
2300 Bell
3100 Bay
Sonny Kwan Realtor® with John L Scott Real Estate Seattle, WA, All information is believed to be accurate, but is not warranted in any way. Visit my website www.seattleidx.com to search all homes on the internet or contact me for a referral of a great agent in your area!
© 2009 By Sonny Kwan All Rights Reserved
John L Scott - How to Search for Homes on the John L Scott website
by Sonny Kwan Realtor® with John L Scott Real Estate Seattle, WA, All information is believed to be accurate, but is not warranted in any way. Visit my website www.seattleidx.com to search all homes on the internet or contact me for a referral of a great agent in your area!
© 2009 By Sonny Kwan All Rights Reserved
by Sonny Kwan Realtor® with John L Scott Real Estate Seattle, WA, All information is believed to be accurate, but is not warranted in any way. Visit my website www.seattleidx.com to search all homes on the internet or contact me for a referral of a great agent in your area!
© 2009 By Sonny Kwan All Rights Reserved
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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