Cole Smith Minden-Gardnerville Real Estate

HOME BUYER TAX CREDIT EXTENSION, MYTH OR REALITY? Article by: Sue Saunders, NVAR Legal Counsel  The proposed extension of the home buyer's tax credit is still not finalized. Only the first step has been completed. As of June 16, 2010, the United States Senate passed a bill extending the deadline for closing escrow on a home buyer's ...

We are pleased to announce the sale of both 1833 Long Court and 1681 Mackland Ave. Sierra Nevada Realty Group represented both the buyer and seller sides of each transaction.

The first time home buyer tax credit is expiring again s0on. As it stands today (hopefully it gets extended..) one must be in contract by April 30, 2010 and have closed escrow by June 30 2010. First time home buyers are eligible for up to $8000 and Sellers who have been in their residence full time for the past 5 years are eligible for up to ...

The 203(k) loan is a HUD/FHA-guranteed loan that provides funds for the purchase and renvation of a home. A 3.5% down payment is required with loan limits from $271,000 to $729,750 for 15 or 30 year mortgages. Here is an example of how it may work on a home that costs $150,000 that needs $35,000 in repairs. An FHA approved appraiser would ...

RISMEDIA, October 26, 2009—Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of Realtors®. Existing-home sales–including single-family, townhomes, condominiums and co-ops–jumped 9.4% ...

RISMEDIA, October 21, 2009—The new home market is cooling down and government intervention has been a key driver to new home sales, according to a recent monthly survey of home builders, just released by John Burns Real Estate Consulting.  In addition to the tax credit that expires Nov. 30, government mortgage programs have been ...

Tips for the first time home buyer starting their search today: -Searching – Search While You Sleep – Since 87% of all buyers start online, you probably will too. On Realtor.com it’s easy to sign up for email alerts and create personal portfolios for homes of interest. Soon you’ll be searching while you sleep, at the ...

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By Lisa Black Print Article RISMEDIA, July 31, 2009-(MCT)-After lowering the $4.2 million asking price of their Lake Bluff estate three times and by more than $1 million, Mike and Marti Palmer flirted with the idea of trading the still-unsold custom home for something smaller. They own 70% equity in the 9,700-square-foot home perched on a ...

Gardnerville Ranchos Listing-Sales Statistics 1st Quarter 2009Note 75.56% of listed homes SOLD... Average Sale Price Sold $177,802 These fabulous numbers are indicative of the $8000 first time home buyer incentive, an inventory of bank owned homes and historic low fixed rate interest rates. Let us show you how to get in the game... Statistics ...