Tax Credit Extended(…for some)!!
Posted on Aug 4, 2010 by Cari McGee in Buyers
Today’s post is a guest post by James Kelley, of the VA Benefits Blog. James has good news for some veterans among my readership… Most home buyers who were under contract by April 30 have from June 30th to September 30th to close on their home in order to get the $6,500-$8,000 federal tax credit. [...]
Apartment Crime in the Tri-Cities
Posted on Jun 16, 2010 by Cari McGee in Buyers, Tri-Cities, WA
KEPR-TV recently did a story on apartment crime stats in the Tri-Cities. Even though I sell houses, and don’t deal in apartment or housing rentals, I’m including the link here because it’s got some good information. As a Realtor, I can’t tell anyone where they should or shouldn’t live. I can’t tell you about the [...]
Can Social Media Ruin Your Loan Application?
Posted on Jun 3, 2010 by Cari McGee in Buyers, Real Estate Industry
When I was a kid I always wanted to read minds. In fact, in the What Super Power Do You Have? quiz I took on Facebook, I think that was what it said was my gift. I just want to know what people are REALLY thinking. So, FYI, lenders are using Twitter and Facebook and [...]
Real Estate Tax Credit: Its Effect on the Tri-Cities Market
Posted on May 28, 2010 by Cari McGee in Buyers, Tri-Cities Market
This year, between April 23rd and May 5th, 189 homes went under contract in the Tri-Cities. Between May 6th and May 19th, 72 homes went under contract. Both are 14-day time periods in the same market. What can explain this tremendous drop? Why would Tri-Cities home buyers suddenly stop writing contracts at the pace they [...]
Yet Another Short Sale Nightmare
Posted on May 22, 2010 by Cari McGee in Buyers, Real Estate Industry
I know I’ve written about this before – but short sales are a misnomer if ever there was one. They get their name from the fact that the homeowner is a little “short” on funds to pay off the loan, even if the house sold at full price. Even if the escrow and title fees [...]
Should I Buy or Rent a Home in the Tri-Cities?
Posted on Apr 27, 2010 by Cari McGee in Buyers, Tri-Cities Market
Is now the time to buy a house in Tri-Cities? Or is it the time to rent? These aren’t the best questions to ask right now, because rentals are as scarce as a hen’s teeth around here. But let me share something about buying vs. renting, anyway. This article in the New York Times discusses [...]
Home Loans – Then and Now
Posted on Mar 25, 2010 by Cari McGee in Buyers
The only way getting a loan now versus getting a loan then is similar is as follows – it is a situation fraught with uncertainty. Home Loans: The Old Way In the old days, the borrower would dress up in his or her nicest clothing. Back when women wore dresses every day and men wore [...]
Update
Posted on Mar 4, 2010 by Cari McGee in Buyers
We didn’t get the house . We qualified, we were getting our existing house ready, and then our taxes came due. Dun-dun-duuuuuun…. We owe too much to be able to afford the new house. I hate it when reality gets in the way of dreams!
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