Real Estate Updates and News In and Around the Tulsa Area
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In this current economic crisis, millions of homeowners facing financial hardship and possible foreclosure actions are requesting the help of agents with the Certified Distressed Property Expert® (CDPE) designation. A CDPE is a real estate professional with specific understanding of the complex issues that confront homeowners in distress. Through comprehensive training and market experience, CDPEs are able to provide real solutions for homeowners facing hardships in today’s market. Paul Wheeler has achieved the CDPE designation. As a professional trained to address specific needs, he does not merely assist in selling properties, he helps clients find solutions.
The rising number of foreclosures in this country is simply too big to ignore. That is why a government-backed program HAFA has been released that aims at streamlining foreclosure avoidance options.
If you think that a short sale might be a good solution for you, call us at 669-8559 to discuss this and other possible options.
Open House in The Courtyards II at Forest Ridge
Broken Arrow, OK
Saturday 3/27 from 3:00 – 5:00
Spacious, open. Impressive entry, curved staircase, soaring ceiling & windows. Huge granite island in kitchen. Large gameroom with bar, pool table. 1/2 acre m/l lot, lake views from the front of the home, home backs to 8th Fairway on golf course. Awesome views from every window – best lot in the neighborhood! Oversized garage with work area and storage. New roof in 2008. Must see!
Home Buyers don’t miss out! The tax credits offered by the Federal Government has been extended through April 30, but is not expected to be extended again.
First Time Home Buyers can receive up to $8,000. The credit is for 10 percent of the purchase price of the home and does not need to be repaid. This is a direct credit meaning that you do not need to have incurred any tax obligation to receive money. Also, beginning November 7, 2009, an additional category of new homebuyers, long-time residents (who owned their own homes), was added. The credit for this group is a maximum of $6,500, which, with some exceptions, does not have to be repaid.
To be eligible for a tax credit a buyer must be under contract by April 30, 2010 and close on the property before July 1, 2010.
To get details on tax credit options visit the IRS Website at: www.irs.gov.
For Sale in Broken Arrow, OK, Union School District!
The Villages at Wood Creek II
Flexible floor plan, energy efficient!
For More information Call 1-800-665-7321 and enter 2737.
The Biggest Tax Mistake Real Estate Investors Make Article
Moneywatch.Bnet.Com
Read more from this Tulsa World article at:
Mortgage interest rates in the US continue to defy all odds and remain slightly below the 5% range for a 30-yr fixed rate loan. Below are the average interest rates and APR’s being charged by some of America’s leading mortgage servicers:
30-Yr Fixed 4.810% 4.925%
30-Yr Fixed FHA 5.125% 5.850%
15-Yr Fixed 4.250% 4.470%
5-Yr ARM 3.750% 3.519%
5-Yr ARM FHA 3.750% 3.342%
Jumbo Loans:
30-Year Fixed 5.500% 5.643%
5-Year ARM 5.000% 3.930%
Remember that these rates will not necessarily reflect the rates offered to every borrower. Rates vary depending on the borrowers financial situation and the way they have managed debt in the past. We recommended reputable lenders. Call us (665-8559) if you need contact information for a reputable lender.
Listen to Glenn Beck!