House Hunting Tips and House Hunting Mistakes

    Big Mistakes House Hunters Make

Falling In Love with a House that's above your Price Range
 It's best to know your price range by getting a pre-approval.
 And try starting out on the lower end of your price range,
 there may be no need to search in your higher range. 

Thinking you have Found a One of a Kind
  Even if you have a long wish list, chances are that there
  will be more than one home available that fits your list.
  Another home that is similar may be less expensive and
  be the dream home for less. Keep in mind that the builder
  of the home you love built more than one, with many
  similarities.  House Hunter Patients required.

Out Bid again and become Desperate
 You've been search for a while now, and get out bid or
 even start giving up on your wish list.  Don't make a 
 purchase out of fear it's not going to happen.

Overlooking Major Problems in a Home
  Consider your finances when purchasing a home that
  has structual, appearance or location issues.  All three
  of these can become costly upon ownership or even
  at the time you wish to sell. House Hunters Beware 

Thinking You can Fix This or That - no problem
  Too often buyers know they can fix it but do you really
  have the TIME and Budget to do it.  Evaluate all the
  expenses and time realistically.  How long can you live
  with it, how long will it  take you to do it. 

Market Condition Opportunity
  The market condition has allowed home buyers to
  purchase New or Almost New Homes for less than it
  actually cost to build.  Materials for repairing haven't
  declined at the same rate as home value has.
  House hunting Toledo areas, you'll see it.

Fitting into your lifestyle
 If it doesn't fit - don't commit

IF it Fits be ready to commit
  It is hard to balance out being too anxious and being 
  patient.  Sound decisions are based on knowing what
  will make you happy. House Hunter tips

Offering More than a House is Worth
  Getting yourself into a home that is selling for more
  than the banks appraisal value, could become a nightmare. 
  Unless your positive, for what ever reason, don't
  start out under water. 

Posted at 06:46AM Nov 22, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Testimony that Touched My Heart- Highest Compliment

Testimony that touched my Heart:

"James and I have always wanted to let you know how much we appreciated your selling our home in 2000.  It was not an easy sell but you and only you made it happen with lots of hard work, some of your magical touch ups, and your fantastic friendship.  Thank God the buyer loved flower wallpaper. So...here is my chance to thank you so very much from the both of us! "
   This Touched my Heart, They felt the need to send me this wonderful appreciation letter after so many years.  May God be with Dear James who just passed away!

Posted at 11:32AM Nov 14, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Extended Home Buyers Tax Credit 2010

Get the Basics on The Home Buyers Tax Credit Extended Upgrades

The Home Buyers Tax Credit for 2009 was for first time home buyers that purchased a residential home till Dec. 1 2009.  But the Extended version has made it possible for others to qualify till April 30, 2010.

The Extended version Of the Home Buyers Tax Credit - you now may qualify if you didn't before.  The income level has risen and no longer is it limited to first time home buyers. 

 Which Properties Are Eligible?

The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, town homes, and co-ops.

How Much Is Available?

The maximum allowable credit for first-time home buyers is $8,000.
The maximum allowable credit for current homeowners is $6,500.

Pay Rate to Qualify?  Effective Nov. 7, 2009
Wage earnings for a Single Income has jumped to 125,000
Wage earnings for Family Income has jumped to 225,000.

Do you have to be a first time Home Buyer?
No! 
First-time home buyers who purchase homes between November 7, 2009 and April 30, 2010 still can qualify for the 8,000 Home Buyers Tax Credit. But Home owners purchasing a home can now qualify too.
 
I own a home - can I qualify for the Tax Credit?

• Yes! Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutiveyears within the last eight.  With this Extended Version to the Tax Credit, you may be eligible for 6,500 tax credit.

If the Buyer(s)’ Income Exceeds These Limits, Can He/She Still Get a Credit?

Yes, some buyers may still be eligible for the credit.

The credit decreases for buyers who earn between $125,000 and $145,000 for single buyers and between $225,000 and $245,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income—over $145,000 for singles and over $245,000 for couples are not eligible for the credit.

Can a Buyer Still Qualify If He/She Closes After April 30, 2010?

Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.

Will the Tax Credit Need to Be Repaid?

No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during this three-year period, the full amount credit will be recouped on the sale.

Posted at 06:30AM Nov 12, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Danberry Ranking

The Danberry Company

Posted at 08:16PM Nov 08, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Whitehouse - Oct

Home Market Statistics for Whitehouse in Oct. 2009.  See the Listing prices, sold prices, inventory and real estate market stats for Whitehouse Ohio Homes.

Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Oct	2009	9	1,454,500	161,611	5	724,500	144,900	284
Totals:		9	1,454,500	161,611	5	724,500	144,900	284

Total Listed:9	Sold Units:5	Remaining Units:4	Inventory Accum.:0.80 *
Min Sold Price: $85,500	Average Sold Price: $144,900	Median Sold Price: $167,000	Max Sold Price: $202,500
Min List Price: $86,900	Average List Price: $161,611	Median List Price: $169,900	Max List Price: $279,900
* Inventory Accumulation (in months) = (# Remaining Units)/(# Sold Units/# Months)

Posted at 09:06PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Ottawa Hills - Oct.

Home Market Statistics in Ottawa Hills for Oct. 2009

Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Oct	2009	0	0	0	3	767,215	255,738	301
Totals:		0	0	0	3	767,215	255,738	301

Total Listed:0	Sold Units:3	Remaining Units:-3	Inventory Accum.:-1.00 *
Min Sold Price: $215,215	Average Sold Price: $255,738	Median Sold Price: $235,000	Max Sold Price: $317,000
Min List Price: $0	Average List Price: $0	Median List Price: $0	Max List Price: $0

Posted at 09:02PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Sylvania - Oct.

Sylvania Home Market Statistics for Oct. 2009

Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Oct	2009	35	6,949,900	198,568	31	5,720,360	184,527	108
Totals:		35	6,949,900	198,569	31	5,720,360	184,528	108

Total Listed:35	Sold Units:31	Remaining Units:4	Inventory Accum.:0.13 *
Min Sold Price: $52,500	Average Sold Price: $184,527	Median Sold Price: $161,000	Max Sold Price: $340,000
Min List Price: $89,900	Average List Price: $198,568	Median List Price: $199,900	Max List Price: $340,000

Posted at 09:00PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Perrysburg - Oct

Get the Home Market Statistics for Perrysbury in Oct. 2009.  Find the Selling Prices, home stats, inventory, DOM and listing prices.

Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Oct	2009	31	6,928,000	223,483	20	3,658,280	182,914	80
Totals:		31	6,928,000	223,484	20	3,658,280	182,914	80

Total Listed:31	Sold Units:20	Remaining Units:11	Inventory Accum.:0.55 *
Min Sold Price: $51,250	Average Sold Price: $182,914	Median Sold Price: $169,800	Max Sold Price: $390,000
Min List Price: $80,000	Average List Price: $223,483	Median List Price: $225,000	Max List Price: $379,900

Posted at 08:57PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Maumee - Oct.

Maumee Home Market Statistics for Oct. 2009

Total Listed:32	Sold Units:20	Remaining Units:12	Inventory Accum.:0.60 *
Min Sold Price: $80,000	Average Sold Price: $174,657	Median Sold Price: $150,000	Max Sold Price: $340,000
Min List Price: $59,900	Average List Price: $172,728	Median List Price: $164,050	Max List Price: $339,900
* Inventory Accumulation (in months) = (# Remaining Units)/(# Sold Units/# Months)

Posted at 08:54PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Toledo - Oct. 2009

See Home Market Statistics for the Toledo Area in Oct. 2009

Total Listed:316	Sold Units:119	Remaining Units:197	Inventory Accum.:1.66 *
Min Sold Price: $50,000	Average Sold Price: $99,216	Median Sold Price: $91,000	Max Sold Price: $289,850
Min List Price: $50,000	Average List Price: $101,733	Median List Price: $89,900	Max List Price: $399,900

Posted at 08:51PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Monclova - Oct

Monclova Home Market Statistics for Oct. 2009

Total Listed:3	Sold Units:1	Remaining Units:2	Inventory Accum.:2.00 *
Min Sold Price: $305,000	Average Sold Price: $305,000	Median Sold Price: $305,000	Max Sold Price: $305,000
Min List Price: $199,900	Average List Price: $322,300	Median List Price: $298,000	Max List Price: $469,000
* Inventory Accumulation (in months) = (# Remaining Units)/(# Sold Units/# Months)

Posted at 08:49PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Swanton - Oct. 2009

Swanton Home Market Statistics for Oct. 2009

Total Listed:9	Sold Units:5	Remaining Units:4	Inventory Accum.:0.80 *
Min Sold Price: $92,000	Average Sold Price: $127,580	Median Sold Price: $120,000	Max Sold Price: $164,000
Min List Price: $69,900	Average List Price: $149,488	Median List Price: $139,900	Max List Price: $239,900
* Inventory Accumulation (in months) = (# Remaining Units)/(# Sold Units/# Months)

Posted at 08:47PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Home Market Statistics - Waterville Oct. 2009

Total Listed:9	Sold Units:2	Remaining Units:7	Inventory Accum.:3.50 *
Min Sold Price: $60,000	Average Sold Price: $100,000	Median Sold Price: $100,000	Max Sold Price: $140,000
Min List Price: $104,900	Average List Price: $198,033	Median List Price: $169,900	Max List Price: $299,900
* Inventory Accumulation (in months) = (# Remaining Units)/(# Sold Units/# Months)

Posted at 08:45PM Oct 30, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

10 Things to Know when Buying a Home Video

10 Things you should know when Buying a home. 
See the reasons why buying brand new may be better for you. 
This is a brand New Home that has all the Extras & Upgrades you could ever want without the extra cost. 

Posted at 10:32PM Oct 24, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]

Luxury Home Market Charts - ILHM National

Luxury Home Market Charts and Statistics[Read More]

Posted at 10:13PM Oct 24, 2009 by Victoria Luhring in Real Estate Blogging  |  Comments[0]