“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Tim Hagedorn

When Is a Real Estate Agent a REALTOR ?

03-16-09
Tim Hagedorn

A real estate agent is a REALTOR® when he or she becomes a member of the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate®, the world's largest professional association. The term "REALTOR®" is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and abides by its strict Code of Ethics.

Founded in 1908, NAR has grown from its original nucleus of 120 members to more than 1 million today. NAR is composed of REALTORS® who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors, and others who are engaged in all aspects of the real estate industry.

Members belong to one or more of 1,700 local associations/boards and 54 state and territory associations of REALTORS® and can join one of our many institutes, societies, and councils. Additionally, NAR offers members the opportunity to be active in our appraisal and international real estate specialty sections. REALTORS® are pledged to a strict Code of Ethics and Standards of Practice.

Working for America's property owners, the NATIONAL ASSOCIATION OF REALTORS® provides a facility for professional development, research, and exchange of information among its members.

Check out the Public Awareness Campaign television and radio spots that encourage consumers to rely on the expertise and integrity of REALTORS®.

Now in its ninth year, the NAR advertising campaign runs February through November on network and cable television and network and satellite radio. This year's commercials help consumers understand the real value of working with REALTORS®. From their voluntary adherence to a Code of Ethics to their incomparable knowledge of real estate processes, REALTORS® are the experts of residential and commercial property transactions.

Interest Rates March 16, 2009 ( Local bank Wausau )

03-16-09
Tim Hagedorn
Residential Interest Rates March 16, 2009

Monthly Term Rate APR*

Payment 10 Year 4.900% 4.938% $1,055.77 15 Year 4.625% 4.751% $771.40

20 Year 5.125% 5.184% $ 666.88 30 Year 5.125% 5.169% $544.49

WHEDA Rate (for qualified borrower)*WHEDA loan activity remains suspended until further notice.Equal Housing Logo *APR=Annual Percentage Rate All APRs based on $100,000 loan. Normal closing costs including, but not limited to, appraisal, recording fees, loan administration, title insurance and flood determination apply. Subject to credit approval and 20% down

First Time Homebuyer Test

03-11-09
Tim Hagedorn

1. So what happens if the purchaser is eligible for and $8000 credit but their entire income tax liability for is only $3000 ? The IRS keeps the remaing balance .

Answer FALSE The IRS would send the purchaser a check for $5000 ( That's a deal )

2. Do 2008 still have to pay their tax credit ? No the goverment just forgives the loan.

Answer FALSE Yes It's sucks to be them , credit in 2008 was more like an interest - free loan has to be paid back ! SORRY

3. The credit is available till Dec 31 2009 ?

Answer FALSE You have to transfer title from the seller to the new owner by Dec 1st 2009

I made the test easy on you with all false answers . Please check my future blogs for more First time buyers Information.

High End Homes Starting To Sell

03-11-09
Tim Hagedorn

Hello Everybody :

For all you home owners that have homes $300,000 and up. That market has finally taken off. I know In are office there where a good numbers of accepted contracts. Also I was trying to find a high end home for lease In the Riverview area and discover another groups of homes where under contract for closing.

Spring must be In the air !

Lot For New Home Wausau

03-08-09
Tim Hagedorn

Beautiful wood lot on a hill for your new construction. City water & sewer has been installed. Priced to sell fast! $39,900 315 N 36th Ave Wausau RE/MAX of Wausau Agent Tim Hagedorn www.thagedornrealtor.com