What is our home worth? Can I sell it anytime soon? These are 2 questions that many of us may be asking ourselves.
The old adage still applies even in today’s market. “A home is worth what someone is willing to pay for it.” The problem is with the recent decline in market value over the last 2 years the buyers are very cautious not to pay more than what the home is worth. They do not want to over pay like several people did back in 2004/2005. Evaluation is the key. Choosing the “right” professional to assist you is very important. Yes you can sell your home with the proper advise. Our Company will provide to you at no charge or obligation what is known as a CMA (comparative market analysis) This a full color brochure that is laid out with current market data and side by side comparisons based on the very latest data. It is very difficult to go it alone without Realtor assistance in this market. Agreeably there are Web Portals out there that claim to evaluate your home but quite frankly they are flawed. They are normally created by someone who has little or no knowledge of your neighborhood.....beware

The Lobbyists for NAR (National Association of Realtors) are working diligently in Washington trying to negotiate an extension to the current November 30th expiration date for the $8000 tax credit for 1st time home buyers. A first time Home buyer is defined as someone that has not owned a home for the last 3 years. Not only are they trying to extend the date but they are trying to make it available to all buyers not just 1st timers. There is also an attempt to have the amount increased to $15,000 but there is a great resistance to that. My advise is don’t count on the extension and most definitely not the increased amount. Time is running out with credit being tight and closing dates being pushed out you would need to commit to purchase early this month to be insured to close by November 30th. I have been very busy as of late and have been somewhat remis in updating this blog. Not to worry I fully intend to do a better job about keeping my followers advised of any new developments in Real Estate. Expect to see new postings every couple of weeks