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The First Time Buyers Who Experienced a Short Sale and FHA Loan Experience

The First Time Buyers Who Experienced a Short Sale and FHA Loan ExperienceAugust 10th, 2010 · No Comments · FHA loan, buying a home, first time buyer, home for sale, homebuyer, real estate, san jose home, short saleThe buyers who bought this home in San Jose are just the cutest young couple buying their first home. Wow, did they learn more about short sales and FHA loans then they probably care to imagine! Initially, this couple found a short sale home and we made an offer and were just taken…See More
Blog post by Karen List Aug 12, 2010
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$8,000 Federal Tax Credit for First Time Home Buyer Extension Passed!

The $8,000 Federal Tax Credit Extension passed! First time buyers in contracts prior to April 30, 2010 have 3 more months to close and still qualify for the tax credit. The new deadline is September 30, 2010 This is extra good news for those in contract on a short sale transaction.
Blog post by Karen List Jul 2, 2010
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Inmates Received the $8,000 First Time Home Buyer Tax Credit!

My client sent an article to me from USA TODAY that is very interesting information about the $8,000 first time buyer tax credit and it’s just really discerning and pathetic actually. In the article it stated that the IRS tracked thousands of fraud cases and is seeking tighter control. Apparently, nearly 1,300 prison inmates, including 241 serving life sentences, defrauded the government of nearly $9.1 million in first time home buyer tax credits, even though they were incarcerated at the time…See More
Blog post by Karen List Jun 30, 2010
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Top 10 Desired Home Features and 9 Ways to Improve a Home's Curb Appeal

Based on a recent survey, the following are the top 10 most desired home features and the percentage of respondents who ranked the feature as high priority:1. Garage or parking space: 86.8 percent.2. Master suite: 78.9 percent.3. Ample storage space: 72 percent.4. Large or walk-in closets: 66.5 percent.5. Guest bedroom: 66.4 percent.6. Outdoor entertainment area: 64.3 percent.7. Gourmet or updated kitchen: 60.6 percent.8. Breakfast room or eat-in kitchen: 55.8 percent.9. Large yard: 43.2…See More
Blog post by Karen List Jun 25, 2010
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Senate Approves Bill to Extend First Time Buyer $8000 Tax Credit

Good news for first time buyers that went into contract before April 30th and have not closed escrow yet. The Senate just passed a bill to extend the date to September 30th. The bill just needs House approval. This is especially good for first time buyers in short sale transactions that take months to close.
Blog post by Karen List Jun 18, 2010
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If All Home Sales Could Be Like This One!

I wish all home sales could be like this one, but then I guess my job would be too easy. This home sale in San Jose was a repeat client and this was our 4th transaction together! This buyer paid all cash for the home, closed escrow in 6 days, bought the home in ‘as is’ condition, and with NO contingencies whatsoever. Wow, like Christmas in June!The really cool story behind this sale is that the family has lived in this Willow Glen neighborhood for generations. The couple’s mother grew up in the…See More
Blog post by Karen List Jun 10, 2010
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The So-Called "Approved Short Sale" That Was Not So Approved in San Jose

I just sold this condo in San Jose that was a short sale. For this transaction, all I can say is…Wow, what a draining experience for all parties involved. All parties are just so glad this deal has closed. This client is just the sweetest, young first time buyer and in this price range, the competition is fierce with a lot of investors making all cash offers and lots of multiple offer situations. This entire transaction, I just felt his pain and felt so bad that he had to go through such an…See More
Blog post by Karen List Jun 5, 2010
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Move Up Homebuyers in San Jose

I sold this home in San Jose to very nice couple owned a home and wanted to buy a larger home in a better school district. So, this transaction was partly a balancing act to ensure that they sold their home and then had a home to move into and make it a smooth transition for them.And, the transition worked out perfectly. I sold their smaller home and they luckily found a home they loved during the period of time when the buyer was in escrow. Both sales went very smoothly. And, we were able to…See More
Blog post by Karen List May 21, 2010

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The First Time Buyers Who Experienced a Short Sale and FHA Loan Experience

The First Time Buyers Who Experienced a Short Sale and FHA Loan Experience

August 10th, 2010 · No Comments · FHA loan, buying a home, first time buyer, home for sale, homebuyer, real estate, san jose home, short sale



The buyers who bought this home in San Jose are just the cutest young couple buying their first home. Wow, did they learn more about short sales and FHA loans then they probably care to imagine! Initially, this couple found a short sale home and we made an offer and… Continue

Posted by Karen List on August 12, 2010 at 9:15am

Karen List

$8,000 Federal Tax Credit for First Time Home Buyer Extension Passed!

The $8,000 Federal Tax Credit Extension passed! First time buyers in contracts prior to April 30, 2010 have 3 more months to close and still qualify for the tax credit. The new deadline is September 30, 2010 This is extra good news for those in contract on a short sale transaction.

Posted by Karen List on July 2, 2010 at 8:55am

Karen List

Inmates Received the $8,000 First Time Home Buyer Tax Credit!

My client sent an article to me from USA TODAY that is very interesting information about the $8,000 first time buyer tax credit and it’s just really discerning and pathetic actually. In the article it stated that the IRS tracked thousands of fraud cases and is seeking tighter control. Apparently, nearly 1,300 prison inmates, including 241 serving life sentences, defrauded the government of nearly $9.1 million in first time home buyer tax credits, even though they were incarcerated at the time… Continue

Posted by Karen List on June 30, 2010 at 7:51am

Karen List

Top 10 Desired Home Features and 9 Ways to Improve a Home's Curb Appeal

Based on a recent survey, the following are the top 10 most desired home features and the percentage of respondents who ranked the feature as high priority:



1. Garage or parking space: 86.8 percent.

2. Master suite: 78.9 percent.

3. Ample storage space: 72 percent.

4. Large or walk-in closets: 66.5 percent.

5. Guest bedroom: 66.4 percent.

6. Outdoor entertainment area: 64.3 percent.

7. Gourmet or updated kitchen: 60.6 percent.

8. Breakfast room or… Continue

Posted by Karen List on June 25, 2010 at 7:27am

Karen List

Senate Approves Bill to Extend First Time Buyer $8000 Tax Credit

Good news for first time buyers that went into contract before April 30th and have not closed escrow yet. The Senate just passed a bill to extend the date to September 30th. The bill just needs House approval. This is especially good for first time buyers in short sale transactions that take months to close.

Posted by Karen List on June 18, 2010 at 12:20pm

 
 
 

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