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Home Buyer Tax Credit Extension

Now that Congress has passed the Home Buyer Tax Credit Extension and President Obama has singed off on it, the homebuyers’ tax credit will be extended to April 30, 2010

The housing credit portion of the bill extends the $8,000 tax credit for home buyers who are purchasing  their first home from the current November 30 deadline and expands the program to offer a credit of $6,500 to other homeowners who have lived in their current home for at least five years and are seeking to relocate.  Read the rest of this entry »

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New Program that Could Affect Loan Modifications

Fannie Mae, the program chartered by Congress to provide stability and affordability in the housing and mortgage market, announced a new program for homeowners facing foreclosure. The Deed for Lease program is designed to allow a qualifying homeowner remain in their home by signing a lease in connection with a voluntary transfer of the property deed back to the lender. This will provide another option for people facing foreclosure. It will eliminate some of the uncertainty and keep families in their homes.
 
                                              
The move by Fannie follows a similar effort by Freddie mac that began offering month-to-month Read the rest of this entry »

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Home to be Sold Via Owner Finance to Best Bidder

4036 Fountain Grove Dr. High Point, NC

Home to be Sold via Owner Finance (We Are The Bank)

The Most Liberal Home Sellers in High Point Today!

To HIGHEST & BEST BIDDER on Down Payment and Monthly Payment (acceptable to seller)

View the property on Saturday October 10 from 10 a.m. to 6 p.m. and on Sunday October 11 from 10 a.m. to 6 p.m. Read the rest of this entry »

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Tenant Retention

As landlords, it’s important for your rental property to be occupied at all times.  Vacancies mean lost of income while frequent tenant turnover can mean big expenses for repairs.  Not to mention marketing expenses to search for the perfect tenant and holding cost.  Due to the number of homes on the market, renters have a huge selection of rentals to choose from.  A number of times, it works well to offer incentives for your new tenants.  For example, I know a tenant that was searching for a place in the Charlotte area and he found a fully furnished townhouse Read the rest of this entry »

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