February 4, the Congress voted unanimously to approve a $15K tax credit for all homebuyers who purchase a home in the calendar year of 2009. And that came about through a proposal from our own, Sen. Johnny Isakson. If signed into ...
Category Archives: First Time Homebuyer
Why Are Rates Still at 5.5%?
That question has been asked of me several times since the post below, and the news came out that the Fed may have a new target rate of 4.5%. This morning on CNBC, the Federal Housing Finance Agency director, James Lockhart was interviewed, and seemed to ...
How Would You Like That 4.5%, 30 Year Fixed Rate?
With or without points? If Sec. Paulson has his way, it may be the prevailing rate soon. The Wall Street Journal reported today that a plan is being mulled over to use the Federal Government to lower Fannie and Freddie Mac rates, as well as government ...
Atlanta Named Top 10 Places to Live
I saw this article this morning, and found it interesting that Atlanta was named one of the Top 10 Places to live on Yahoo Real Estate. And, it is! This article appealed more to the singles crowd, and that is very attractive now for all ...
The Best Time to Buy Your First Home – And Collect $7500
Homes are at their lowest prices in years, and mortgage rates are just off their all-time lows. If that were all, it would make for a great time to buy a home, especially your first home. But that is not all. First time home buyers ...
How to Buy a Foreclosure Today
This is a video that I shot with my friend, Randy Watson, who is one of the leading Realtors by sale in Georgia. Since Randy has sold over 120 foreclosed homes for banks so far this year, and I ...
Signs of a Turning Home Market?
Southern California and Florida along with a few other markets mostly out west, have been hit the hardest by the housing bubble bursting, you will agree. So, if the California home market begins to turn, would you also ...
What Does the Near Future Hold
My opinion of the near future? Well, I’m more optimistic than I have been in some time. And the optimism stems from one bit of knowledge – that the markets are driven by sentiment. And, the overriding ...
Opportunities Abound
A quote from Warren Buffet has been flying around the internet of late, and for good reason as it is right for the times, "Be fearful when everyone is greedy and greedy when everyone is fearful." Well, I would submit that there has not been a time in our lifetimes when the general populus has been more ...
What Bail-Out?
Okay, this Catagory 5 Financial Hurricane is upon us, and the government wanted to put $700B worth of sandbags along the short to try to keep us from facing the brunt of it. But, the people reacted, and the bail-out bill failed; at least for now. Well, what does that mean, to you and I? ...