Mesa County Foreclosures

Everyone has been talking about foreclosures these days. In Mesa County there has been a slight increase in the first quarter foreclosure rate compared to years past. There were 32 completed foreclosures in Mesa County in January and February. First-quarter foreclosures, which include March, totaled 24 in 2008. The county had nine during the first quarter of 2007. While the foreclosure rate is trending upward, we are very fortunate to be living in the Grand Valley. Our landscapes, lifestyles, and opportunities contribute to one of the greatest places live in the nation. If you should find yourself in a situation where you're sliding into foreclosure don't panic, there are options available to you. Contact us ASAP and we can provide you with information to help you in your situation. If you are an investor or home-buyer, foreclosures may be a great opportunity for equity. You might even save a troubled seller from the dreaded foreclosure credit hit by facilitating a short sale through the bank. Whether you are a buyer or a seller we can help you formulate a game plan that will fulfill all of your real estate goals.

Mesa County FHA loan limits

Good news for Mesa County! FHA has raised it's loan limits to $371,250.00. These federally backed loan programs are consumer friendly and will offer a great opportunity for both buyers and sellers. With as little as 3 1/2 % down you may qualify for this loan program. If you don't have the 3 1/2 % down payment you may qualify for the CHAFA program if you are a first time homebuyer. Many options are still available to homebuyers to purchase a home with little or no money down. Please call or email us with further details, we have lenders ready to answer your questions!

Stimulus Tax Credit For Homebuyers

Attention all first time homebuyers! The recently passed American Recovery and Reinvestment Act provides for an $8,000 tax credit for first time homebuyers who buy a primary residence between Jan. 1 and Dec. 1 2009. Unlike the $7,500 credit enacted last year, this one doesn't have to be repaid, unless you sell your home within three years. This credit phases out for taxpayers whose AGI exceeds $75,000, or $150,000 for married couples. Please be sure to contact your tax advisor for further details! RIGHT NOW is an excellent time for first time homebuyers in the Grand Valley. Interest rates are low, prices are reasonable, sellers are willing to work with buyers, and the tax advantages are excellent! Please don't hesitate to contact us for further information!

Intro: The News You Need to See

We will use this blog to report on the Real Estate Industry's most current news. There is so much doom and gloom in the media, when in reality there is alot of positive news out there we think you need to see!
Stay tuned in and we will get you some real estate news shorty...