For Home Buyers: ENHANCED HOME BUYER CREDIT INFORMATION
2010 Is A Special Year For Buyers!
√ Missouri just passed a $35 million economic development initiative. It provides tax relief for any buyer who purchases in 2010 and makes under $100,000! They do not have to be first-time homebuyers! The State of Missouri will pay up to $1250 towards tax relief! In addition, any buyer who purchases in 2010 who upgrades appliances to Energy Star appliances will be re-imbursed up to $500! A total of $1750 in incentives from the State of Missouri.
√ Missouri also provides down payment assistance for first-time homebuyers up to 3%.
√ The Federal Government provides up to $6500 to existing homeowners who have owned at least 5 years and are purchasing an owner occupied home. Contract Deadline is 4/30/10.
√ The Federal Government provides up to $8000 to first-time homebuyers. Contract deadline is 4/30/10.
√ $100 down on HUD foreclosures with cash back incentives.
Even if buyers miss the deadline for the Federal Government incentives, they still have the chance to get reimbursement from the State of Missouri for taxes and appliance upgrades.
____________________________________________________________________________________________________________________________________________
Buying a home is an exciting time in one's life. Making the smart move of choosing a REALTOR® is your first step to ensuring that your new home and community meets your needs. My services and experience range from financial aid to helping you find the home that best suits you and your family. For your convenience, I also provide listings by email. I pride myself on repeat business and hope you'll come to understand why.
How I Can Help
Before you start looking
Closing Costs
- Assure that you see all the properties in the area that meet your criteria.
- Guide you through the entire home buying process, from finding homes to look at, to getting the best financing.
- Make sure you don't pay too much for your new home and help you avoid costly mistakes.
- Answer all of your questions about the local market area, including schools, neighborhoods, the local economy, and more.
Before You Start Looking For Your New Home:
- Check your credit rating. Straighten out any errors before its too late.
- Determine a comfortable monthly budget for your new purchase, including down payment and monthly payment.
- Find a loan program that meets your needs and get pre-qualified (preferably pre-approved).
- Choose a REALTOR® that you trust and who understands your needs.
- Determine what neighborhood best matches your needs.
- Identify important features you need your new home to have.
- Lender fees include charges for loan processing, underwriting, preparation and establishing an escrow account.
- Third-party fees include charges for insurance, title search, and other inspections such as termites.
- Government fees include deed recording and state & local mortgage taxes.
- Escrow and interest fees include homeowner's insurance, loan interest, real estate taxes, and occasionally private mortgage insurance.
