Homeownership Still Builds Your Wealth
Posted on June 26, 2009
Filed Under Champaign Illinois homes for sale, For Buyers | 1 Comment
In comparison with renters, Champaign Illinois home owners have much greater household wealth according to the NAR.
Owners wealth exceeds that of renters by a factor of 50-to-1. The main difference is of course home equity.
Even in slower markets, equity increases significantly over time. Home ownership continues to remain the biggest store of wealth for the typical household.
The interest rates are remaining quite competitive and Champaign Ilinois home prices are stable.
What better time to purchase a home than the present?
Contact me today directly (217) 840-9604 for more information about purchasing a new home in the Champaign - Urbana Illinois area.
Champaign Illinois Real Estate - Summer Vacation
Posted on June 16, 2009
Filed Under Champaign Illinois homes for sale, First Time Home Buyers | Leave a Comment
Wow! Already nearing the end of June! It seems like June just began.
With July and August being the busiest vacation times for families, now is the time to be searching for that new Champaign - Urbana home to move the family into.
Prices of homes are stable and there hasn’t been a better time to buy than now (remember that $8000.00 tax credit?)!
Contact me today directly (217) 840-9604 for more information about purchasing a new home in the Champaign - Urbana Illinois area.
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Champaign Illinois real estate - Home Safety and security
Posted on June 9, 2009
Filed Under For Buyers, For Sellers | Leave a Comment
With the economy in the state it is today it is not surprising that we are seeing a rise in the crime rates. What can you do to protect yourself and your family?
A Security System installed in your home could save you from losing all those prized possessions and irreplaceable memoirs.
Having one could also save your lives if you were broken into while you were home. These crimes are happening in the rural areas of Illinois as well as Illinois cities and urban areas.
Champaign Illinois real estate - First-Time Homebuyer Tax Credit
Posted on June 5, 2009
Filed Under First Time Home Buyers, For Buyers | 2 Comments
It is amazing to think that some consumers have not yet heard of the first-time home buyer tax credit of $8,000, but it’s true…
I just got off the phone with a new client who is excited about benefiting from this very program.
Another issue seems to be the misinformation being disseminated to the general public regarding the tax credit program.
A number of consumers have this new $8,000 tax credit confused with the old tax credit of $7,500. The two big differences with the $8,000 tax credit versus the $7,500 tax credit are the repayment stipulation and the date with which you must purchase a property.
Champaign Illinois real estate - Short Sales
Posted on March 23, 2009
Filed Under Investing, Short Sales | Leave a Comment
Maybe short sales should be called long sales because they do not happen quickly.
Champaign Illinois Real Estate buyers need to be aware of that if they are interested in pursuing the purchase of a short sale.
Many times, short sale purchases can take a considerable amount of time to complete. The lender that is holding the mortgage can take as long as weeks or months to respond to an offer, which means that as the Champaign Real Estate buyer you will need to be very patient.
Does this mean that you should shy away from short sales?
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