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Home Buying 101 Archive


Ask the Top5 Expert – Short Sales 101

RISMEDIA, March 23, 2009-As the real estate market continues to spiral downward, real estate agents across the country are adapting their services to better help the millions of homeowners who are facing foreclosure and other serious trouble. Here, Rosemary West, The Rosemary West Team, RE/MAX Realty in Joliet, Illinois, discusses ...


A New Homeowner Blossoms

RISMEDIA, March 11, 2009-(MCT)-Like many people in the Bay Area, Odette Essary was a longtime renter. ...


10 Timely Home-Related Tax Tips

RISMEDIA, March 9, 2009-Tax season is upon us, and homeowners everywhere will reap the benefits of tax breaks and incentives. Homeowners and potential home buyers should know what expenses are deductible and the ins-and-outs of new tax laws, says FrontDoor.com. ...


Home Buyer Tax Credit Website Attracts More Than 840,000 Visitors

RISMEDIA, March 9, 2009-A record 844,000 prospective home buyers visited NAHB's FederalHousingTaxCredit.com website in February to learn about the new $8,000 tax credit for first-time home buyers that was enacted last month as part of the landmark $787 billion economic stimulus package. "We are very pleased and encouraged that so many people are visiting our informational website at www.FederalHousingTaxCredit.com," said Joe Robson, chairman of the National Association of Home Builders (NAHB) and a home builder from Tulsa, Okla.


Tax Credits Help Home Buyers

RISMEDIA, March 5, 2009-(MCT)-Minette and Efren Gomez spent much of last year looking for a house to buy and finally settled on a new townhome at Brookfield Homes' Cordova at Windingwalk in eastern Chula Vista. ...


Is Green Building the Economy’s Bright Spot?

RISMEDIA, February 26, 2009-New studies and reports point to green building as one of the growing bright spots for the U.S. economy, according to the U.S. Green Building Council ...


Builder Hopes Smaller, Better Homes Will Replace McMansions

RISMEDIA, February 26, 2009-(MCT)-Many in the building industry see the housing market's troubles as a disaster. Russell Versaci sees them as an opportunity. ...


Tax Breaks Pile up for California Home Buyers

RISMEDIA, February 24, 2009-(MCT)-Major housewarming gifts worth thousands of dollars are piling up for Sacramento-area couples and singles who buy a house in 2009. ...


The Basics of Moving and Taxation

RISMEDIA, February 23, 2009-Now that 2008 is over, it's the right time for you and your clients to begin thinking about taxes. Many of us are getting our records in order in preparation for tax day, April 15, 2009. If you or your clients have made a move this year, ...


Banking on the ‘Mortgage Stool’

RISMEDIA, February 23, 2009-(MCT)-You don't have to be a rocket scientist to figure out how to get your mortgage application approved these days, but it wouldn't hurt. ...


Builders Launch Tax Credit Website

RISMEDIA, February 19, 2009-The National Association of Home Builders (NAHB) has launched a newly designed website that provides detailed information about the $8,000 tax credit for first-time home buyers that is a key measure in the sweeping economic stimulus legislation signed into law today by President Barack Obama. ...


Realtors – The Key to a Successful Home Buying Experience

RISMEDIA, February 19, 2009-According to the 2008 National Association of Realtors Profile of Home Buyers and Sellers, 81% of home buyers enlisted the service of a real estate professional. And while this is consistent with 2007 survey findings, some agents believe this number will rise in 2009 as more home ...


Q&A: How Will the Stimulus Plan Help Me?

RISMEDIA, February 19, 2009-(MCT)-President Barack Obama signed into law Tuesday the largest government economic rescue plan in the nation's history, a $787 billion package of spending, tax cuts and tax credits that's designed to help pull the nation out of what's becoming the worst downturn since the Great Depression. ...


It’s Harder, but Still Possible, to Get a Loan

RISMEDIA, February 19, 2009-(MCT)-The freewheeling days of doling out cars and homes to just anyone are over. With the nation facing a deepening financial crisis, banks have tightened their credit standards. Yet, lenders say it's still possible for the average person to qualify. ...


Will the Stimulus Benefit Homeowners and Buyers?

RISMEDIA, February 18, 2009-"There are four primary sections of the economic stimulus plan that will benefit home owners and buyers," said Gibran Nicholas, chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers. According to Nicholas, these include: ...



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