This question was posed recently by a prospective buyer, and my answer to the question was actually featured on Realtor.com – Take a look by clicking the following link:
http://talk.realtor.com/2008/08/13/how-does-the-home-purchase-tax-credit-impact-my-decision-to-purchase-a-home/
We’ve just recently started our Buyers & Sellers Q&A Forum over at http://SpringHillRealEstate.FeaturedBlog.com – if you have any questions about anything even remotely real estate related, please feel free to let us know! We’re planning on posting 1 question per week, but even if yours isn’t posted on the site, we’ll get back to you!
Take Care,
-Josh
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The link below leads to a website put together by the Virginia Association of REALTORS®… While I am not a member of the Virginia Association – I do believe that every REALTOR® (and potential buyer or seller) can learn from this amazing real estate trainer.
Arguably the best (also arguably the worst) real estate trainer ever to teach an agent how to “beat the system” and make a living!
Make sure (at least the first time you follow the link below) to let the intro play out, and have fun with the “Tedst” (no, that’s not a typo) at the end…it will be well worth your while.
For agents – this is an incredible training video – watch and learn from “The King of the Close”…”The Archduke of Acreage”…”The Dean of the Deal”…Mr. Ted Truitt!
For potential customers – this is your chance to get a glimpse into the Secret World of the REALTOR®… (please keep in mind, this is a sarcastic website meant to showcase what NOT to do as a REALTOR®…laugh with it!)
And now…the link to the website of the greatest real estate salesman and trainer EVER…
Watch and Learn…
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As we are constantly striving to improve the services that we offer to our clients, our website is almost constantly undergoing little tweaks and upgrades.
The latest of which is our On Demand Neighborhood Sales Reports (check it out over in the far-right side bar). Quick and Easy – if you are considering either buying or selling Real Estate here in Hernando County, Florida, just fill out the Neighborhood Sales Reports Quick-Form and we’ll send you an email with the report you select – either Active Listings or Sales in the Past 90 Days (or both) for the neighborhood of your choice.
If you have any questions or would like a report that more specifically matches your home (or the home you’d ideally like to purchase), just email me at Josh@HernandoLuxuryHomes.com with whatever criteria you’d like matched (#Beds, #Baths, Square Footage, Pool/No Pool, etc) and we’ll get as specific with the report as you’d like.
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What is Foreclosure?
Foreclosure is the process by which a lender reclaims a property from a homeowner who has defaulted on their loan.
“A” foreclosure refers to a property that is now owned by the bank. Banks don’t like to hold property. Owning property means keeping up with maintennance, upkeep, utilities, taxes, and etc…and that costs money. Banks like holding liquid money. As a result, they hire realtors to sell off their “foreclosure” properties or “REO” properties. REO stands for Real Estate Owned (as in, by the bank). Read more
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OK – Mercedes just dropped their prices again, so I had to repost this one because these are some INCREDIBLE deals for homes like these. Call me ASAP for more information or to schedule a showing! These will absolutely Read more
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Additional Homestead Exemption
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Do I have to apply for this additional Homestead Exemption?
- No, the additional exemption will automatically be applied to all property that currently is receiving a Homestead Exemption as long as the Assessed Value exceeds $50,000.
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Am I going to save as much on the additional $25,000 Homestead as I did with my existing $25,000 Homestead Exemption?
- No, the additional Homestead Exemption applies to all levies with the exception of the School District, which makes up a large portion of your Millage Rate.
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Can I also apply for my other additional exemptions such as Widows/Widowers, Disability or Low Income Senior Exemption and qualify for the additional Homestead Exemption?
- Yes.
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How is this additional exemption calculated? Read more
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