FIRST-TIME HOMEBUYER CREDIT

You have until 4/30/2010 to have an accepted buy-sell and close before 6/30/2010 in order to qualify for the $8,000 tax credit from the government. Even if you have owned a home before, you may qualify for this tax credit. If you want to change homes, you may qualify for the $6,500 tax credit. Please give us a call if you are interested in looking for your dream home.

Quiz for First-time homebuyer

Are you a first-time homebuyer? Here are some quizzes from Kiplinger with helpful information in connection with your home purchase. http://www.kiplinger.com/quiz/home_buyer/

If you have questions, please contact Billings Real Estate Professionals and we will be glad to help you with your purchase.

Best Home Improvement Projects

Home Improvement Projects based on Cost and Return on Investment
1.Cleaning and de-cluttering—this costs almost nothing and will increase the amount you receive on your house.
2.Home staging
3.Lightening and brightening
4.Landscaping—curb appeal is important
5.Repairing plumbing
6.updating electrical
7.Replacing or shampooing carpets
8.painting interior walls
9.Repairing dmaged floors
10.Updating kitchen
11.Painting out side of home
12.Updating bathrooms

The home improvement projects with the highest price increases to a home’s resale value are updating the kitchen followed by painting the outside of the home and home staging.

Inexpensive cosmetic home improvements and basic improvements greatly enhance the value of the home.

Home Inspections Important

Home inspections are important to buyers because they may discover potential problems with their home purchase before those issues become apparent after residing in the home and naturally those problems then become their problems. Problems such as low water pressure, small water leaks,foundation problems,roof problems,drainage problems and the list could go on and on but the point is that the inspection can potentially reveal things about the home that are not readily apparent to the casual observer with a quick visual walk through. The inspection can also help the seller to recognize problems and possibly fix them before they become possible obstacles to a sucessful sale and closing. My wife Jo Ann & I believe so firmly in home inspections that we are offering FREE HOME INSPECTIONS for buyers or sellers that list or buy from us, valued up to $400.00. Just call or e-mail Larry or Jo Ann Thomas at 628-2903 or 545-9249 or e-mail larrythomasbrep@msn.com and tell us you saw our offer on the company website and wish to list or buy your next home from us and take advantage of our offer.

First Time Home Buyers Programs available in Billings MT

If you are thinking about buying your first home or becoming a homeowner again after years of renting you may be eligible for assistance that can help you get into a home with less money down or a lower interest rate. The most important factor in finding the right programs is finding the right lender and a real estate agent who is willing to spend extra time and effort making sure you understand the process and are getting the best deal. It is very important to find a lender and an agent that have knowledge and experience in dealing with first time home buyers.
There are 5 main programs available in the Billings area. Give me a call to explain these programs and help you with them.

Jacque Lorang 690-5277 or email ablahoo@yahoo.com

5 Questions to Consider before Purchasing a Home

1. Why are rates so low?
2. Are rates expected to stay this low?
3. Why do different mortgage surveys come up with different average interest rates?
4. What else does a consumer need to know?
5. So is now the best time to buy a home?

Give us a call to discuss these points. 248-4409

NOW IS THE TIME TO BUY

The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week.
The rates were pushed down by an aggressive government campaign to reduce borrowing costs.
The rate, published Thursday by Freddie Mac, is the lowest since the mortgage finance company began tracking the data in 1971.
Contact Billings Real Estate Professionals to start the process to purchase that new home. 248-4409