Buyer Broker Chicagoland - Negotiation Experts - 100% on The Home Buyer's Side!
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There is a rule of thumb that says you should not buy a home that costs you more per month that 20 to 25% of your take home pay. We rarely see anyone following that rule of thumb today. Too many consumers are buying homes that take a large part of their monthly income. This leaves little room in ...
The question remains will it help? And what does it mean for those who pay their mortgages? Or is this bailout to "prevent foreclosures" just fantasy land? "The lending plan, a full $25 billion bigger than the administration had been suggesting, aims to prevent as many as 9 million homeowners fro...
The $15,000 homebuyer tax credit didn’t survive the final negotiations on the stimulus bill.Reportedly - Congress slightly increased to $8,000 an existing $7,500 credit for first-time homebuyers and eliminated repayment provisions.Please note that the $8,000 number isn’t yet finalized. It may tu...
My brokerage has never accepted such spiffs - instead - having the Home Warrantee company discount the buyer's policy by the amount of the credit that they would have given me..... In fact - we've always rebated any bonus or other payment to our buyer clients. Funny that we sometimes have had to ...