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Christopher Terry

NEW ListingBook CyberCMA available in MA, Track Area Sales and More!

PRICE IT RIGHT!Listingbook
You can be confident your property is price appropriately with our new CyberCMA tool! This tool help to ensure your house is priced fairly, the CyberCMA gives you information on your competition to help you set the price and get the property sold!

STAY INFORMED!
Wish you could see why the smaller house down the street is listed for a higher price? We help to take the guesswork out of it when you have 24/7 access to information on your competition!

Daily reports show you how many people have viewed your property on ListingBook and how many people have marked it as "favorite".

Discover how this new service can help, visit http://southcoast.listingbook.com/?node=19

Homeowners and Seller's Here's What You Get!

  • CyberCMA - competative upto-the-minute market data!
  • 24/7 access to information on your competition.
  • Local Price Trends
  • Your property is exposed to the right buyers
  • Daily morning report showing recent area activity

It's All FREE! Get your account today! Go to: http://SouthCoast.ListingBook.com!

First Time Home Buyer Tax Loan Program - Use Tax Credit For Down Payment!

First Time Buyer Tax Credit
MassHousing Offers Program Allowing First Time Buyers to Use $8,000 Tax Credit as part of their down payment or to pay closing costs, rather than wait until they file their 2009 taxes!

The American Recovery and Reinvestment Act of 2009 economic stimulus package contains specific provisions designed to help revitalize the housing market. The plan is designed to help mitigate foreclosures and encourage new lending. The act also includes a provision for a tax credit for first time home buyers. MassHousing has now approved a plan that allows eligible home buyers to apply for a tax credit loan through an approved lender.

How It Works:

Homebuyers who are using a MassHousing first mortgage loan to purchase their first home apply for the Tax Credit Loan program through their lender.

The Tax Credit Loan is used to cover closing costs or as part of the downpayment.

In 2010, the homebuyer claims the $8,000 tax credit on their 2009 federal tax return.

The homebuyer then repays the MassHousing tax credit loan:
1) No interest is charged if the Tax Credit Loan is repaid by June 1, 2010
2) Otherwise, the Tax Credit Loan is amortized over the next 10 years, at the same interest rate as
the first mortgage.

For Information on Eligibility, Participating Lenders, Income Limits and Purchase Price Guidelines Contact Christopher Terry at 508.646.4777 X105 or simply click here!

Christopher Terry earns prestigious CDPE Designation to Help Homeowners in danger of foreclosure.

For Immediate Release: Christopher Terry earns prestigious CDPE Designation to help homeowners in danger if foreclosure.

Christopher Terry earns prestigious CDPE Designation to help homeowners in danger of foreclosure.

Certified Distressed Property Expert

Christopher Terry, broker/owner of WPI South Coast Realty, has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is being ravaged by "distressed" homes in the foreclosure process.

Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures. "This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales," says Chris. "it is so rewarding to be able to help sellers save their homes from foreclosure."

Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said the Realtors® such as Chris Terry, with the CDPE designation, have valuable training in short sales that can offer the homeowner alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand the market conditions and can help sellers through the emotional experience, he said. The Distressed Property Institute opened in January 2008 and provides training on-site and online. The CDPE is the premier designation for Realtors® helping homeowners in distress and handling short sales. For more information about CDPE designation or to find a certified distressed Realtor® in your area, please call 1-800-482-0335.

Christopher Terry services home buyers and sellers on the South Coast area and Massachusetts and Rhode Island and can be reached at 508-646-4777 ex 105 or chris@wpisouthcoast.com.

CDPE

Another Credit Repair Success Story! Poor Credit, Bad Credit, We Can Help!

Yesterday an associate helped a first-time homebuyer become a homeowner. It's not surprising because that is what we do, what is surprising is that just 4 months ago this buyer was told that they could not purchase a home because they could not qualify for the financing. I know this because I was there when they got the news and the disappiontment on their faces said everything. They had to walk away from the home of their dreams thinking that homeownership just wasn't in their future. When asked what the issue was they revealed that they had had some issues with their credit. They were quickly enrolled in fix credit biz and although results vary, within 3 months they were back on track ready to make the best purchase of their lives. Now they are proud homeowners, they have been able to take advantage of the best homebuying market in decades and they qualify for the $8,000 tax credit!

Naturely with credit repair the results vary, however what you just read is very typical. So how does credit repair work? To better understand how credit repair works it is important that you know how your credit score is calculated. In simplistic terms there are only two forms of credit.

  • Positive Credit that pulls your credit score higher
  • Negative Credit that pulls your score lower

The difference between your positive credit and your negative credit determines your score. How credit repair works is by permanently removing the negative credit allowing the positve credit to pull your score higher. For more information about Credit Repair visit http://www.CustomCreditFix.com

Chris Terry and WPI South Coast Supports FREE - Fall River Energy Enterprise

FREE is an acronym for Fall River Energy Enterprise, a collaborative effort led by the City of Fall River, the Fall River Office of Economic Development and the Newport Collaborative Architects. It is a visionary plan that can position Fall River as a leader in the region for renewable energy. The ultimate intention of this plan is to attract new business to the local economy, creating new jobs all while making Fall River less dependent on fossil fuels.

If you are interested in knowing more about F.R.E.E. I invite you to visit the City of Fall River website at http://www.fallriverma.org.

All though you may not agree with all the plan aspires to achieve, we can all agree that any plan that gives Fall River the opportunity to attract new business and jobs is one that deserves great consideration and support, especially at a time when the news in Fall River has been so bleak.