Real Estate Industry News

First Time Homebuyer Tax Credit Ends!!

2010-04-07T00:17:00.000-07:00

Time is running out on the first time homebuyer tax credit. It is set to expire on April 30th 2010. Now is the time to take advantage of this great program designed to stimulate the housing market. Qualified first time homebuyers are eligible for up to an $8000.00 tax credit if they have a binding contract by April 30th that closes on or before June 30th. This isn't a mere tax deduction, but a true credit that has the potential to put that money directly in your pocket. Current homeowners are also eligible for a $6500.00 tax credit as well if they have lived in their current home 5 of the last 8 years and purchase a new principle residence. You will want to discuss this tax credit with your CPA or tax professional for futher details and to see if you qualify. We would love the opportunity to earn your business. Please call or email us to request more information!

Happy New Year!

2010-01-11T09:39:00.000-08:00

The Harris Group wishes to extend its humble thanks to all of our family, friends, and clients who have supported us in the past year. Without you we wouldn't have had such a successful year. We are excited about 2010 and are looking forward to serving you. The upcoming year will be a great time for investing in the Grand Valley, whether you are a first time homebuyer or a seasoned investor. We are always available to help buyers and seller attain their real estate goals! We offer free market anaysis for sellers, buyer consultations, and will work hard to earn your business! Best of luck in the new year!

Joshua & Shauna Harris
The Harris Group

Mesa County Foreclosures

2009-03-24T16:20:00.000-07:00

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

2009-03-04T08:35:00.000-08:00

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

2009-03-02T18:35:00.000-08:00

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

2009-02-25T12:40:00.000-08:00

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...