Now’s the Perfect Time to Buy a House

Several things were on my mind and I thought I would check in with you and let you know about a few current items:

1. Property Taxes – 2010 Assessment notices have recently been mailed. If you disagree with your 2010 property tax value… NOW would be the time to do something about it. I am already helping a few clients complete a property tax appeal form and I would be happy to review your home’s assessed and taxable values and consult with you on whether you can lower your property tax obligation in 2010. Let me know how I can help.

2. Refinancing – You may have recently seen interest rates around 5.0% again. That is true. It is also true that interest rates are going to rise in the upcoming months as the Fed stops buying bonds and treasury bills that keep interest rates low. If you have thought about refinancing or about purchasing a home, NOW would be the time to pursue those goals. The biggest challenge in refinancing is getting a good appraisal on your home. If you are concerned about your home’s value and your ability to refinance, give me a call and I can run some comps and give you an idea of the value of your home before you begin to refinance and are charged for an appraisal.

3. Expiring Incentives – There are about 60 days left for first time and repeat home buyers to be able to capture $6,500 to $8,000 of great government stimulus money. The National Association of Realtors just published sales data showing home sales fell by 7% after the initiative temporarily expired last fall. We know sales activity is going to drop after the April 30, 2010 deadline to capture these incentives. If YOU KNOW a BUYER or a SELLER that is thinking of making a real estate move in the next 6 months…NOW would be the time to encourage them to get started. Don’t wait until the incentive is lost, or as a seller, the activity from buyers has dropped.

I would love to help your friends or family take advantage of these incentives. Is there someone you know that you can refer to me?