For many buyers who's price range is from $150,000 on up the option of buying a new home is a good option. Some of the reasons buyers choose to build is the ability to get have the amenities that they would prefer in there home. Being able to decorate your home to fit your needs can be very important. Using a builder who understands what products are available to save energy cost. A Geothermal..(read more)
On July 30th, The Housing and Economic Recovery Act of 2008 was signed into law. This law gives first time home buyers a tax credit up to $7500 towards there income tax return. If a first time home buyer had a tax liability owed of $5500 then the they would recieve a tax credit refund of $2000.
There are income restrictions, individual maximum income will be $75,000 and those filing joint returns..(read more)
Many people have asked how "Friends of Santa" got started 24 years ago. Sonna and I one Sunday morning were having our coffee and reading the newspaper. An insert called the Parade Magazine front page was a picture of Santa Claus titled Elf Louise. http://www.elflouise.com/philosophy.php She was a college student in San Antonio, Texas. With no family to spend Christmas..(read more)
Up to March 2008 and for 18 months prior Champaign County was is in a Buyers market.. The way we know weather we are in a Sellers or Buyers market is by tracking the amount of inventory active versus sale pendings. When ever we have 6 months worth of inventory or more we are in a Buyers market. March of 2008 we dipped just under 6 months worth of inventory and have steadily depleted the active..(read more)
In my 20 years of selling homes this year is the first year that I have seen the need of helping people get there homes sold because they are behind in there house payments. It seems in the Champaign,Urbana area I am seeing that it is not only adjustable rate mortgages that adjust up and make the home unaffordable but serveral other reason. The reasons I have seen this year are medical, divorce, job..(read more)
