Friday, September 11, 2009
First-time homebuyer tax credit about to expire
This tax credit is available to anyone who has not owned a home in the last 3 years and must be closed by November 30, 2009. The amount of the tax credit is 10% of the value of the home with a maximum of $8000. With escrow periods typically in the 30-45 day range it is very important to find your home now in order to take advantage of the tax credit. This gives us only 3-6 weeks to get the home under contract. If you are looking to take adantage of this tax credit and have more question please call me at 1-307-631-0333 or email me at marc@cheyennehomes.com. I can help you find a home in the Cheyenne Wyoming area or help you find an agent to help you in your city and state. Take advantage now!
Thursday, May 28, 2009
Now is the perfect time to take advantage of the strong Buyer’s Market. If you know anyone who is considering buying a home in the next couple of months please let them know about this new and exciting program offered by WCDA.
The program is called “Spirit! Of Wyoming” This program is available to Active Military, Veterans, Community & Social Service Occupations, Education, Training & Library, Healthcare Practitioners & Technical Occupations, Healthcare Support & Protective Service Occupations. The program is available for new and existing home purchases under the FHA , VA and Rural Development type financing. The home purchased must be used as the primary residence and is not limited to first time homebuyers. The income limits for this program are $63,900 per year for 1-2 people and $73,400 per year for 3 or more people. The maximum purchase price is $236,000 or current WCDA limits. Now for the best part: Interest rate starts at about 2.5% for the first 4 years and step rate to a maximum of about 4.5% after the 11th year. You will need to consult with a lender to give you exact interest rates however this is the best rate I have seen in the past 13 years selling real estate. If you need a lender please let me know and I will put you in touch with one.
Please pass the word around to all your friends and family and please do not hesitate to call me with any questions you may have. As always, I am here to help you with all your real estate needs, whether it is helping you find a home or answer a question. You can reach me on my cell at 307-631-0333 or by email at marc@cheyennehomes.com. I also am available via text message at my cell phone number.
If you want to see the most up to date list of homes please visit my website at www.marcdempsey.com and click on the search for homes button. By registering with the home search section of my website you will get all the pictures of the property as well as be able to save and keep track of different homes. You can also save a search and have the system email you anytime a new listing is available that meets your search criteria.
The program is called “Spirit! Of Wyoming” This program is available to Active Military, Veterans, Community & Social Service Occupations, Education, Training & Library, Healthcare Practitioners & Technical Occupations, Healthcare Support & Protective Service Occupations. The program is available for new and existing home purchases under the FHA , VA and Rural Development type financing. The home purchased must be used as the primary residence and is not limited to first time homebuyers. The income limits for this program are $63,900 per year for 1-2 people and $73,400 per year for 3 or more people. The maximum purchase price is $236,000 or current WCDA limits. Now for the best part: Interest rate starts at about 2.5% for the first 4 years and step rate to a maximum of about 4.5% after the 11th year. You will need to consult with a lender to give you exact interest rates however this is the best rate I have seen in the past 13 years selling real estate. If you need a lender please let me know and I will put you in touch with one.
Please pass the word around to all your friends and family and please do not hesitate to call me with any questions you may have. As always, I am here to help you with all your real estate needs, whether it is helping you find a home or answer a question. You can reach me on my cell at 307-631-0333 or by email at marc@cheyennehomes.com. I also am available via text message at my cell phone number.
If you want to see the most up to date list of homes please visit my website at www.marcdempsey.com and click on the search for homes button. By registering with the home search section of my website you will get all the pictures of the property as well as be able to save and keep track of different homes. You can also save a search and have the system email you anytime a new listing is available that meets your search criteria.
Thursday, March 19, 2009
Time to get excited about real estate
Today was an exciting day for real estate. Interest rates came in below 5% today with the anticipation that it could approach 4% very soon. I did see one lender quoting a 15 year loan for less than 4.5%. If you have been thinking about refinancing your current mortgage or getting into the market and purchase a home, there is not a better time to do this than now. We have not seen rates like this for a while now, with the exceptions of a month or so ago for about 2 hours then the rates went back up. So if you were not keeping track of the rates hour by hour you missed it. If you are thinking about refinancing then I would suggest getting in touch with your lender right away as I can see the lenders getting very busy very fast. If you are looking at getting in the market and purchasing a home I would suggest that you get in with your lender and get prequalified and start looking for a home. In the Cheyenne area there is a good selection of homes available for sale so now is the time to get excited. Interest rates this low translates into more buying power for Buyers. Please don't hesitate to call me with any questions. You can reach me at 307-631-0333 or marc@cheyennehomes.com .
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