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As the year draws to a close....I thought I would "re-blog" on the $7500 tax credit. Passed by congress is a bill that will allow any buyer that has not owned a home in the last three years (perfect for first time buyers) to claim a $7500 tax
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According to the National Association of Realtors (NAR) the Pending Home Sales Index (PHSI) jumped 7.4% to 93.4 from July to August this year that is 8.8% higher than August 2007. The PHSI is based on the number contracts signed within that given month.
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Trade – in Program Through the first half of the year Skogman Homes has sold 52 new homes, identical to the number sold in 2007. Nearly 33% of the buyers took advantage of the Guaranteed Trade Program. This is one of the best programs in the country
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As the year draws to a close....I thought I would "re-blog" on the $7500 tax credit. Passed by congress is a bill that will allow any buyer that has not owned a home in the last three years (perfect for first time buyers) to claim a $7500 tax
Read More...
Just because a lender is willing to lend you the world doesn't mean you should take it. Know what you can manage. Don't over-extend yourself. Gather and tally your fixed monthly expenses (utilities, credit cards, cell phone, groceries, etc) and
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You ever had the question, what are my taxes going to be on new construction? Well Linn County has an estimator out there that will help with that and it can be found at the following link below. You can download the excel version but be sure to update
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So with the mess that the lenders got themselves into with the "mortgage boom" of years past, FHA is the new product of choice for a number of buyers. They actually fill in the gaps of where the convention financing pulled their products. So
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912 Single Family Listings Active on the Market in the Cedar Rapids Surrounding Area 510 Sale Pending Listings 566 Sold Listings Info is per CRAAR and for Cedar Rapids and surrounding communites for single family homes. As always....if you would like
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Get Your Deed From the Recorder – It’s Cheaper National Deed Service Inc. is sending mail to Linn County residents offering to provide a certified copy of a deed for $59.50. “A certified copy of a deed is $6 from us,” said Linn
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With the Regency Homes annoucing last week that they had laid off all employees except upper managment and the news of the new construction market from the national media, I thought I would share a bit on Skogman Homes. This "down turn" has
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Okay...I was asked again this weekend by a friend.....How really is the market doing? I responded here in Cedar Rapids, it is great!.....I have started this year with a bang in sales and Skogman is on pace for another record year. He looked at me and
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With many lenders not allowing for 100% financing any longer-- the FHA Loan is making a comeback. Most people think that FHA has something to do with first time home buying- but that is NOT the case and with new standards that allow for less hoops to
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Market will watch for Fed chairman's comments to Congress Fed Chairman Ben Bernanke will be watched this week as he testifies before Congress about the state of the economy. The Fed recently dropped short-term rates for the third time in two months
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Note that this information is outdated. The Iowa Legislature has appropriated $2 million to the Military Service Member Home Ownership Assistance Program. This dollar-for-dollar matching fund helps eligible members of the United States armed forces purchase
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