Happy New Year!

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Happy New Year!

Happy New Year!

Happy New Year!

There are very few of us that won’t be happy to see 2008 in our rear view mirror!  This has been a particularly tough year for all of us.  Each new year gives us the opportunity to begin fresh.  By December 31st of each year we are all ready for a fresh beginning! 

With the new year comes the new year’s resolutions: “I’m going to get in shape this year.”, “I’m going to quit smoking this year.”, “I’m going to start saving for next Christmas now!”.  By February we’ve usually set those resolutions aside.

We will go into 2009 with lots of great expectations and some will work out and some won’t.  The one thing I’m certain of is, we’ll be happy to see 2009 go and we’ll be hopeful for 2010!

HAPPY NEW YEAR!

Categories: Uncategorized

What Can A REALTOR Do For Me When I Want To Sell My Southwest Missouri Home?

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First, a Realtor can sell your home faster and for a higher price than you would get by selling it on your own. According to the National Association of Realtors, in 2007, the average price of a home sold by the owner was $180,000. The average price of a home sold by a real estate agent was $240,000. Here are some of the reason for the difference.
A professional agent is familiar with the prices of similar homes in your area and can help you adjust the asking price higher or lower. Either way, the property will sell faster if the price is right. real estate agents are good at pricing because they remove themselves from the emotional aspects of selling.

Taking the misery out of finding a buyer is one of a real estate agent’s great services. You won’t be bothered by odd telephone calls and obvious “lookers” who just want to see your place. It will only be shown to serious and qualified buyers.

Marketing is a big part of the agent’s job. He or she will photograph the home and advertise it at no cost to you. It will be included in the Multiple Listing Service so anyone in the country can see it.

Handling the volume of paperwork involved in a closing is part of the agent’s job. Today, some purchase agreements are 10 pages long. Add to that the federal, state, and local disclosure papers. The agent can provide a list of professionals you can choose from whose services will be involved.

After the closing and sale are complete, questions can arise on subjects that did not have to be considered at the closing.

Your agent will still be there for you to settle any questions about property tax assessments or other matters that could come up months after the sale.

Are you a buyer?

Most of these skills are also involved in buying a home. The agent will find properties that fit with your needs, wishes, and price range, saving you a great deal of time and trouble. After that comes the price negotiating, helping to find financing, and everything to do with the closing.

Categories: Sellers

Dream The Dream: YOU CAN OWN A HOME

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Dream the dream: You can own a home

If you are thinking of buying a home, you might be confused about the many issues in the news from mortgage rates to mortgage bills in Congress.

But the fundamentals of buying a home really haven’t changed and, in fact, there are new incentives on the horizon that should make home buying more attractive than ever.

There are plenty of homes on the market in every price range and if you want one of them, you need only do what generations of people have done. You just have to pay attention to these basics:

First, cultivate good credit by prudent living. Pay your bills and pay them on time. Use credit sparingly.

If you do this, you’ll earn a good credit score, which is crucial to getting a good interest rate. Research shows that many consumers believe that they have to have a high income to have a high credit score, but that’s not true. In fact, income is irrelevant to your credit score. Your credit score is a rating based on how well you live up to your obligations, pay your bills and use your credit.

Second, save money for a down payment. In the current climate, most lenders will ask you to bring some cash to the table in a mortgage deal.

Third, find a house you love but can also afford. One path to financial freedom is to buy a modest house and build equity. When you decide to move up, you can sell your house and take a large chunk of the money from the sale and apply it to your new home. Your payment is lower while you live better. It’s the good, always-in-fashion way to live.

Congress is also planning some incentives for new home buyers. It appears first-time home buyers will get a tax credit of 10 percent of the purchase price of a home up to $8,000. That means in the year you purchase a new home, your tax bill could be reduced up to $8,000. However, the credit is not a pure gift. Homeowners apparently will be asked to pay back the credit during a 15 year period. Each year, they will be required to repay a little more than 6.5 percent of the tax credit. That’s just over $530 per year for an $8,000 credit. Homeowners will not qualify for the credit if they sell the home in the first year.

To be classified as a first-time homeowner, you must not have owned a home in three years

Categories: Buyers

Buy NOW!

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We are all feeling the pinch of this volitile economy.

For those of us who have managed to hold onto our jobs, our retirement or our savings, there could not be a better time to invest in real estate.

If you are looking to upgrade or to get into your first home this could very well be the best of times to purchase a home.  

Many of the houses offered today are at a more realistic price than the super-inflated prices we’ve seen in the recent past. 

Houston, Missouri has been insulated from a lot of the financial turmoil.  Our property prices were never really out of line with actual property values.  But like most areas of the country we are being affected by high fuel prices, food costs, etc.   We’ve had only a slight increase in foreclosures over the past year.  Thankfully none of the houses we sold were through after-market lenders that later resulted in foreclosure. 

Just like the local real estate market, the local banks have maintained a good handle on loans and don’t seem to be suffering like many of the larger banks.

We feel like our low property taxes along with realisitic values on our property has made our area even more attractive to prospective buyers.

First time buyers have the extra advantage of not having to sell an exisiting home in order to make a purchase.  Established home owners will find that buying land, homes, farms or any type of property can be a pleasure and not a chore.

Now IS the perfect time to buy the home of your dreams!

Categories: Uncategorized


Copyright © 2012 farmhomesrealty. All rights reserved. Disclaimer: All content on this blog is my own opinion and should not be treated as fact or relied upon when purchasing or selling real estate.