Tax Credit Bill Passed for New Home Buyers…and Move Ups
As promised….here are the details for the home buyer tax credit. It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009. In addition to extending the tax credit of up to $8,000 through June 30, 2010, the extension measure also opens up opportunities for others who are not buying a home for the first time. So Who Gets What? The program that has existed for FTHBs remains intact with the one exception that more people are now eli

Senate Overwhelmingly Approves Homebuyer Tax Credit Extension
As predicted, the Senate approved the extension of the Home Buyers Tax Credit until April 2010. The approval is as follows: $8,000.00 for 1st time buyers added $6,500.00 for “Move-up” buyers An increase in qualified incomes were doubled from $75,000.00 to $125,000.00 for a Single purchaser and from $150,000.00 to $225,000.00  for Couples. The extension passed the Senate 98 to 0…a true bipartisan message. The extension is expected to pass through the House with haste and be “rubber stamped” by President Obama by this weekend. Bravo to the Dems and Elephants for getting on the same page.

Short Sell and Buy Another Home At the Same time! It’s Here!
The proceeding story is copy write protected: Breaking News*********Kim and I will be talking about this program this week on our coaching calls with Harris Real Estate University Sign up and Log in to the Thursday Call 10:00AM PST As our subscribers know…Kim and I are always looking for the latest and greatest news on Short Sales. I liken this news to the

Bank of America/Countrywide Streamlining Short Sale Process
BofA (Countrywide) have begun utilizing the Equator system (REOTRANS) to streamline the short sale process. This is great news for all homeowners that are strapped with a one of the formidable Countrywide Short Sales. We learned of this about 6 weeks ago and we are excited to announce that it is hear… Below is a link to the details: Bank of America/Countrywide Streamlining Short Sale Process The Short Sale Good News Train keeps on rolling. Take Action,

Short Sale Your Home… Buy Another Home…At The Same Time!
Breaking News*********If you are a Real Estate Agent:  Kim and I will be talking about this program this week on our coaching calls with Harris Real Estate University Sign up and Log in to the Thursday Call 10:00AM PST To our clients…you’ll be receiving an email soon. As our subscribers know…Kim and I are always looking for the latest and greatest news on Short Sales. I liken this news to “Mans First Steps on The Moon”…Sounds extreme, I know, but this is just the beginning. A lender from California is offering an