Late last year, Congress modified the $8,000 First-Time Home Buyer Tax Credit program, converting it from a "first-time" buyer program into an "everyone" buyer program.
Under the new terms, first-time buyers are eligible for up to $8,000 in federal tax credits and long-time homeowners can get up to $6,500. A "long-time" homeowner is someone who has owned a primary residence for 5 or more consecutive years dating back to 2002.
April 30, 2010 : You must be under contract for your new home
June 30, 2010 : You must be closed on your new home
Start your home search now with Sibcy Cline Realtor Michelle Sloan.
www.SloanSellsHomes.com
The best Realtor in Mason, West Chester, Loveland, Maineville and surrounding northern Cincinnati area!!
Thursday, January 7, 2010
Tuesday, January 5, 2010
Lakota Schools - Great Listing
Great ranch w/40K+ in upgrades. 3BR/2BA on 1 acre lot. Roof/water heater '09, new paver patio, driveway & walk '07, fenced yard, energy eff whole house fan, 18x18 shed, newer windows & patio door, updated baths. Minutes from I75 & shopping.
Call Sibcy Cline Realtor Michelle Sloan for a private showing. Serious Buyers only. 513-600-5277.
Interest rates predicted to reach 6%
Interest rates are likely to rise to 6% by the end of 2010, predicted Amy Crews Cutts, deputy chief economist at Freddie Mac.
The end of the Federal Reserve program that buys mortgage-backed securities will drive rates higher because private buyers will demand more return than the Fed.
"Extraordinary resources have been put into keeping the rates down and supporting the mortgage markets and it's hard to imagine that the rates can go much lower than they are," Crews Cutts said. "Anything we get at or below 5% is a gift at this point."
Source: Washington Post
So, don't wait. If you are planning to buy this year. Do it now!! Rates are hovering around 5%. You can get a lot more home for your money with a lower interest rate. In northern Cincinnati including Mason, West Chester, Maineville, Loveland - Call Sibcy Cline Realtor Michelle Sloan for the latest and best information regarding real estate in the area.
The end of the Federal Reserve program that buys mortgage-backed securities will drive rates higher because private buyers will demand more return than the Fed.
"Extraordinary resources have been put into keeping the rates down and supporting the mortgage markets and it's hard to imagine that the rates can go much lower than they are," Crews Cutts said. "Anything we get at or below 5% is a gift at this point."
Source: Washington Post
So, don't wait. If you are planning to buy this year. Do it now!! Rates are hovering around 5%. You can get a lot more home for your money with a lower interest rate. In northern Cincinnati including Mason, West Chester, Maineville, Loveland - Call Sibcy Cline Realtor Michelle Sloan for the latest and best information regarding real estate in the area.
Monday, January 4, 2010
Home for Sale - Mason Schools
Open House - Sunday January 10
Noon-1:30pm
3 BR Gem with lots of updates. Great for 1st time homebuyer.
Call Sibcy Cline Realtor Michelle Sloan to schedule a private showing. Serious buyers only. 513-600-5277.
Planning to Buy in 2010
Now is a great time to consider buying a home.
It's a new year and it pays to buy a home instead of renting.
1. First time homebuyers may be eligible for a tax credit if purchasing before the end of April 2010.
2. Interest Rates are still low.
3. Good selection. More homes will be on the market in the coming months.
Important Steps Before Home Shopping
1. Get Qualified - talk to a Mortgage Broker ASAP
2. Talk to a Realtor in the area you want to buy - create a plan
In Northern Cincinnati including Mason, West Chester, Blue Ash, Sharonville, Maineville, Landen CALL Sibcy Cline Realtor, MICHELLE SLOAN. www.SloanSellsHomes.com
Make an appointment with Realtor Michelle Sloan to create a specialized plan to get you into a home you can afford and she offers great referrals for quaified mortgage brokers, home inspectors and contractors for home improvements. Michelle Sloan is your real estate expert in Northern Cincinnati, Ohio.
It's a new year and it pays to buy a home instead of renting.
1. First time homebuyers may be eligible for a tax credit if purchasing before the end of April 2010.
2. Interest Rates are still low.
3. Good selection. More homes will be on the market in the coming months.
Important Steps Before Home Shopping
1. Get Qualified - talk to a Mortgage Broker ASAP
2. Talk to a Realtor in the area you want to buy - create a plan
In Northern Cincinnati including Mason, West Chester, Blue Ash, Sharonville, Maineville, Landen CALL Sibcy Cline Realtor, MICHELLE SLOAN. www.SloanSellsHomes.com
Make an appointment with Realtor Michelle Sloan to create a specialized plan to get you into a home you can afford and she offers great referrals for quaified mortgage brokers, home inspectors and contractors for home improvements. Michelle Sloan is your real estate expert in Northern Cincinnati, Ohio.
Thursday, December 24, 2009
Merry Christmas. See you in the new year. Call Michelle Sloan to list and sell in Mason,Oh. www.sloansellshomes.com
Friday, December 18, 2009
Mortgage Rates Up BUT Still Below 5 Percent
Freddie Mac released the results of its Primary Mortgage Market Survey in which the 30 Year Fixed Rate Mortgage averaged 4.94% with an average of .7 points up from last week when it averaged 4.81%.
The 15 Year FRM averaged 4.38% up from 4.32%. Bottom line is rates have gone up slightly this week.
Now is still a great time to buy. Take advantage of low rates and sellers who are ready to deal!!
Call Sibcy Cline Realtor Michelle Sloan for all your real estate needs in the northern Cincinnati area.
http://www.sloansellshomes.com/
The 15 Year FRM averaged 4.38% up from 4.32%. Bottom line is rates have gone up slightly this week.
Now is still a great time to buy. Take advantage of low rates and sellers who are ready to deal!!
Call Sibcy Cline Realtor Michelle Sloan for all your real estate needs in the northern Cincinnati area.
http://www.sloansellshomes.com/
Monday, December 14, 2009
New Listing - Deerfield Twp
Check it out ---
5980 Deer Run Dr Deerfield-Twp. OH-45040
5980 Deer Run Dr Deerfield-Twp. OH-45040
Charming 3BR home-much LARGER than it looks! $17K+ in updates: new roof, front door & French doors to walkout, updated bathrooms, AC unit, vinyl fence/landscaping/ex. lighting. 1900 sf. Close to shopping & I71/275. No HOA/Mason tax. This is priced to SELL. Mason Schools!
For a private showing --Serious Buyers call Sibcy Cline Realtor Michelle Sloan at 513-600-5277.
Monday, December 7, 2009
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