$7500.00 Federal Housing Tax Credit for First-Time Home Buyers Home

Opportunity of a Lifetime for First-Time Buyers

For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $7,500 for first-time home buyers might just be the opportunity of a lifetime.

But like so many of the good things in life, time is of the essence for buyers who want to take advantage of this outstanding opportunity. Only homes purchased on or after April 9, 2008 and before July 1, 2009 are eligible. Use the links below to learn more about the tax credit.
“What is necessary to change a person is to change his awareness of himself.”

Action Exercises

Here are two things you can do immediately to put these ideas into action.

First, ask yourself every day, “What is the one thing that I and only I can do, that if done well, will make a real difference to my company or life?” Whatever your answer, go to work on that.

Second, decide upon the most important results you can get for your company or life and make sure that you and everyone else is working on those results every hour of every day.

Don’t Be Pushed Into Any House

Your agent should show you everything available that meets your requirements.
Don’t make a decision on a house until you feel that you’ve seen enough to pick
the best one. Go to the Multiple Listing computer with your agent to make sure
that you are getting a COMPLETE list of homes for sale and not just the home
that the agent “wants” to show you.In the late 1980’s, homes were selling quickly, usually a few days after listing.
In that kind of market, agents advised their clients to make an offer ON THE
SPOT if they liked the house. That was good advice at the time. Today there
isn’t always this urgency, unless a home is drastically under priced, and you’ll
know if it is. But keep in mind, if you wait to long there is always a chance of
the house selling before you get your offer to the seller. If you really like a house,
get an offer written and make sure your agent writes in the proper clauses to get
you out of the offer.

Don’t forget to check into the SCHOOL DISTRICTS of the area you’re considering.
Information is available on every school; such as class sizes, % of students that go
on to college, SAT scores, etc. You can get this information from your agent or
directly from the school.

 

www.baltimore-realtor-gregmoses.com  443-982-0075

www.rentals-baltimore.com

Save Your Home From Foreclosure Program

NACA’s Home Save Program is nationally recognized as the most effective solution for homeowners at risk of foreclosure or with an unaffordable mortgage. NACA provides real homeownership which is about stability without the fear of major increases in your mortgage payments. There are millions of homeowners at-risk of foreclosure not due to their personal circumstances but as a result of their mortgage payments dramatically increasing or an initial unaffordable payment that was only sustainable through borrowing. The mortgage crisis is having a devastating impact on families and neighborhoods. NACA is committed to fighting this devastation.

NACA has had a tremendous impact on lenders and servicers in providing the most effective solutions for at-risk homeowners. We have a legally binding agreement with Countrywide, the largest servicer, to provide such solutions. In many cases the interest rate has been reduced to 5% fixed and lower for the remaining term of the loan. NACA has been successful in achieving similar outcomes with other servicers and investors.

NACA has developed a streamlined process to best assist you including working with a dedicated NACA Mortgage Consultant. You need to complete the Homeowner Submission, attend a NACA Workshop and meet with your Mortgage Consultant. The NACA process may take some time, so if you have an auction date click Urgent Situation and we will work to postpone your auction. Since NACA cannot guarantee a particular outcome including stopping your auction, you need to have a Plan B to meet your needs if NACA cannot assist you. You should consider all options even while you are going through NACA’s Home Save program. If you are not getting a timely response, email NACA’s Home Save Department at HomeSave@naca.com. If you believe the lender or broker engaged in illegal or unethical activities, you should contact the Federal Trade Commission and state and federal banking regulators.

Eligibility Criteria
NACA considers homeownership fundamental to a stable community, effective schools, a solid tax base, good public services, and most importantly a stable family. NACA focuses on owner-occupants and cannot assist investors. The investment limitation is based on our mission of focusing on stabilizing neighborhoods and low- and moderate income people through owner-occupied housing. Thus NACA is open to all homeowners who meet the below two criteria.

• You must live in the property
• You cannot own other property

Home Save Steps:
You can complete the Home Save process by doing the following steps as quickly as possible. You can determine any missing information by reviewing your Task List. This is continually updated to reflect any missing documentation or information.

Stage One:
Complete the Homeowner Submission on our website at www.naca.com. There are ten steps you need to complete. This information is crucial for us to submit your file to the servicer for an appropriate long-term solution.

Stage Two:
Attend a NACA Workshop to learn about the process and options. This is not required if you live in a state where NACA currently does not have an office.

Stage Three:
Most importantly, meet with a NACA Mortgage Consultant who works with you throughout the process. This can be done by phone if NACA does not currently have an office in your state.

Stage Four:
The completed file is submitted to the servicer. This is through NACA’s paperless state of the art software system.

Stage Five:
If the servicer or investor does not accept the NACA Solution, you would need to aggressively advocate to achieve your desired solution. This requires you to involve people you know in contacting the various regulators, politicians, enforcement offices and others. NACA, where appropriate, would support you in these activities.

Stage Six:
NACA requires all participants in the NACA program to give back in whatever way you feel comfortable. You participation is crucial as NACA continues to fight for affordable homeownership and economic justice.

Don’t Risk Overpaying

There’s a first time for everything you do in life. And often,
for better or worse, you have to do it alone.But when it comes to buying your first home, it’

s too risky to
consider it a do-it-yourself project. Thats why I’m here to help
you, every step of the way. I’ 

ll help you find and buy the home
you want, in the location you want, at the lowest price possible.For example, don’

t risk trying to do your own negotiating in regard
to the price. You could lose thousands or tens of thousands of dollars
that way! As an experienced real estate professional, I know, and use,
little-known ways to lower the selling price, get more favorable payment
terms, and perhaps even get freebies!Let’

www.baltimore-realtor-gregmoses.com 

s get together and I’ll tell you more. Call me today.

Focus on Results

Finally, when you concentrate your energies on achieving the results that you have been hired to accomplish, the results that others expect of you, you develop the reputation for performance and achievement that inevitably leads to the perception of charisma.

You can develop the kind of charisma that opens doors for you by going to work on yourself, consistently and persistently, and becoming the kind of person everyone can admire and look up to. That’s what charisma is all about.

For Sale by Owner Self-Help

It’s no secret:  when the time comes to sell a home or
investment property, a small percentage of owners elect
to undertake the selling job themselves, bypassing the
services of a professional.  Some are successful; others
are not. 

Here are the Facts:
 
PRICING:  Setting the price correctly is very important. 
If it’s set too low, the seller will lose money.  If it’s set
much too high, he may lose because over-priced property
doesn’t sell and soon acquires a stigma that makes selling
difficult.
 
EXPOSURE:  Many people are not fully aware of the
importance of the Multiple Listing Service.  Through MLS,
a listed property is made available to essentially all the other
brokers and salespeople in the area.  In this way the property
is exposed to dozens, even hundreds, of potential buyers -
many, many times the relatively small number who might
respond to the owner’s sign on the lawn or to a classified ad in
the newspapers.  More exposure, more money in the sellers
pocket.
 
SCREENING:  Professionals routinely screen prospective
buyers and show property only to those who are qualified to
buy.  Do-it-yourselfers must be prepared to open their homes
to everyone who shows up, including curiosity seekers.
 
SAFETY:  When a professional is involved, he/she accompanies
all potential buyers when they inspect a listed property.  Without
a professional, the seller may be placing himself or a member
of the family in jeopardy every time a stranger knocks on the door
and claims to be a prospective buyer.
 
AVAILABILITY:  During the hours when nobody is at home,
the do-it yourself seller’s property is off the market for all practical
purposes.  Neither a phone call nor a knock on the door gets any
response.  The potential buyer moves on to the next property on
his list, and may never return.  In contrast, property marketed with
a broker is on the market virtually 100% of the time.
 
SPEED:  If fast action is important, you need a professional. 
Because of wide exposure through the MLS and aggressive
selling techniques, property listed with a broker typically sells
much faster than other property.
 
DO-IT-YOURSELF-BUYERS:  Expect to save all or part
of the sales commission.  Why else would they respond to the
owner’s ad when it would be so much easier for them to engage
the services of a professional?  The do-it-yourself seller must be
prepared for prospective buyers not wanting to pay “full price”.
 
SALESMANSHIP:  The owner is emotionally involved in the
sale of his property.  In most cases the owner has no real estate
or sales training.  That makes the average owner a poor salesman
for his own property and particularly when negotiating price and
terms.
 
COMPLETING THE SALE:  When a broker has found a
willing buyer, his work is not finished.  It’s his/her job to see to
it that the transaction proceeds smoothly and expeditiously
to a successful conclusion. In actual practice, the services
of a good professional, frequently don’t cost the homeowner
anything; he or she is often able to command enough more for the
property to fully cover the cost of the professional service. 
To phrase it differently, in selling your home, you might as well
go “first class” because it probably won’t cost more and it might
actually cost less.
 
Call or email me today for a no-cost consultation, or for our free,
For Sale by Owner Self-Help Kit. 

You’ll be glad you did.

443-982-0075  www.baltimore-realtor-gregmoses.com  greg.moses@remax.net