$8,000 for first-time homebuyer

For first-time homebuyers--and you are a first-time homebuyer if you haven't owned a home in the last three years--you can get $8,000 if you purchase a home before 11/30/2009. You can even get part of this money up front in order to help with your downpayment and closing costs. Contact us for information and to have an agent help you with this.

Pricing your property--THE ABC OF MARKET VALUE

Pricing a property based on the current market is the key to maximum exposure, a quick and trouble-free sale.
The value of any property is the price and terms where a buyer and a seller meet.
Truths- These factors truly determine the value of a home.
o Buyers determine by demand how valuable items such as location, design, amenities and condition are.
o Other sellers effect home values by providing competition
o The economy effects home values though interest rates and providing outlook.
Myths - These factors have little or no effect on the current value of a home:
o The price you originally paid for your property
o The amount you’re hoping to receive from the sell of this property
o The amount spent on improvements
Determining the market value:
By looking at the latest market activity we can determine an impartial estimate of a home’s current value. This estimate is called a Comparative Market Analysis, or CMA. In a CMA we look at properties that:
Have sold in the recent past – This shows us what current buyers have been willing to pay for similar properties.
Are currently on the market - These are considered competition. These are the properties that buyers will compare to and eventually choose between.
Failed to sell – These are the properties that were priced to high, we want to avoid ending up in this category, which is why the right price is so important.
For a free Comparative Market Analysis to determine how much your home is worth on today’s market call me, Jacque Lorang at 690-5277 or email ablahoo@yahoo.com