A bill that extends the $8000 home buyer tax credit into 2010 for people serving in the military, diplomatic positions and intelligence operations may pave the way for the bills extension to the general sector.The Home Buyer Tax Credit is seen by many in the White House as an important stimulus to the economy, helping to create and maintain jobs in the coming year.The Home Buyer Tax Credit was created to encourage first-time home buyers to...more
The reduction in Roseville real estate prices due to the economic downturn makes this a prefect time for people to buy homes for prices which would have been unimaginable two to three years ago. Right now the median price of Roseville, California homes stands at $280,000 which is a staggering $35,500 lower than the median price at this time last year. This is a reduction of almost 11.3%.The average listing price is also down by 4% to $551,619. As...more
If you want to find the value of your Roseville home, there are several ways to do so. Depending on how much you would like to spend to get the valuation done you can avail the services of a professional appraiser. He will pay your home a visit and analyze everything from the amenities inside the house to the area where it is located and the public utilities in vicinity. For instance a school in close vicinity may increase the value of your house. The price will also go up if you live in a community which is only a few minutes drive from the freeway. The services of a professional appraiser for your Roseville home can cost from $500 upwards. So, it would be more appropriate to spend the money only if you intend to sell your home and would like to get an idea about the price you should be quoting for your Roseville real estate.On the other hand there are also several other ways to find the approximate value of your home online. One website which offers free valuation is rosevillehousesvalue.com. Also you could consult the Roseville MLS sites and look for houses on sale in your area. If the features, square footage and amenities are the same of a home listed on the Roseville MLS...more
In many cultures, the traditional living arrangements that families had was for multiple generations to live under one roof and help take care of the household together; in our modern times this has become more of a rarity, but due to financial concerns some families are returning to a multi-generational living arrangement. If you do not currently...more
The economic crisis has affected the whole market and the housing market is also not left untouched by it. The value of property has fallen very fast in last one year. People are extremely worried about how to save their homes from foreclosure. Almost all of them are facing the problem and millions are unable to cope up with the high rate of...more
Buying a foreclosed home is a good way to either make money or gain immediate equity in a home for many people. For most people, their home holds the majority of their available money that they would have to invest. This is why you should always have your money working for you. You always make money if you buy something low and sell it high. That"s why buying a foreclosed home could be a moneymaker.If you are just getting started, you need to learn all the possible pitfalls that come along with buying a foreclosed home. Here are some of the things that you should keep in mind before you get started.The first thing you need to check when you find a foreclosed home that you think you may be interested in is to go and look at the neighborhood. Don't go any further until you've done this. The real estate slogan "location, location, location" holds just as true for purchasing any type of home. The house may be beautiful, may be grand, but be sure to look at the other houses in the neighborhood. If they are in decline or are in poor condition, your house will be more difficult to sell. An old Golden rule, "You want to be a Chevy in a Cadillac neighborhood" Why? Either your...more
One of the unsuspecting victims of the current foreclosure crisis are the renters of apartments at risk of becoming foreclosure homes for sale. But now, hundreds of renters in Union City, New Jersey who are living in apartments at risk of...more
Buying a home is generally considered to be necessary to establish a good financial course in life. Purchasing and owning a home is the cornerstone of good financial planning as it acts as both a place to live and an appreciating investment. While it...more
This is possible because these individuals can purchase the foreclosed houses and other such properties at cheap rates and then use the property for renting intents and earn a lot of profit out of it.A foreclosed house is a term that fundamentally...more
When you first embark on your search for your first home, having a realistic expectation of how much youre going to have to pay is going to make home hunting and ownership a lot easier.Many people look for a home based on the amount of mortgage...more
The present real estate meltdown is being lead by subprime adjustable mortgages. The writing on the wall became clear in 2001, but no one heeded the warning. In 2005, the infection exploded the real estate bubble and here we are. While many experts...more
Millions of homeowners facing foreclosure are being rescued through Obama's Federal Loan Modification. Part of the Federal Stimulus Package, this program provides assistance by modifying existing mortgages and providing a lower monthly payment....more