This sale is a great story! The buyer is just the most awesome and cool young single man in his late 20’s determined to buy a single family home, although in his budget price range, the market is VERY competitive with investors and all cash buyers. But, he was very determined to make it happen and he did!

He apparently worked with another agent before he was referred to me and looking more into condos in this price range, but when the market was really low, he noticed that single family homes w… Continue

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I just sold a nice 2 bedroom and 2 bathroom condo in Newark in a nice community. This was another very smooth transaction. One item I did learn in this transaction that seems to be a new guideline as of October, is that if one borrower is going to owner occupy the home and there is a co-borrower involved who is not going to owner occupy the home, then the person that is going to occupy the home has to qualify on their own. What is the logic of that you ask? Good question! If the borrower who is… Continue

President Obama signed the federal tax credit into law. It is expected to contribute approximately $22 billion to the economy, Congress overwhelmingly passed a bipartisan measure this week extending the $8,000 home buyer tax credit to April 30, 2010, with a 60-day extension if a binding contract is in place prior to the deadline. The legislation is part of a larger bill that also extends unemployment benefits.

More people will be eligible to take advantage of the new law in that existing homeow… Continue

This home was another fairly smooth transaction with a very sweet couple buying their first home. Although, there are a couple of interesting things about this transaction. This home was a foreclosure. The buyers competed for this home in a multiple offer situation and got it. During inspections, we did come to find out that the previous owner wasn’t the most skilled when it came to remodeling and such, so there were some funky things and surprises that the previous owner did to the home, which… Continue