James Schutz's Blog
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New program allows Home Buyer Tax Credit to be used for downpayment
At a recent meeting of the National Association of Realtors, Shaun Donovan, Secretary of Housing and Urban Development, announced a plan which would allow homebuyers to access the $8000 Home Buyers tax credit for use as a downpayment. Under the new program, FHA-approved lenders, and HUD-approved non-profits will issue a short term bridge loan to First Time [...]
Why should you work with an EXCLUSIVE BUYERS AGENT?
From time to time, I will run across folks driving through a neighborhood, stopping at homes for sale, and pulling flyers from the boxes. Of course I stop to chat with these folks, and get around to asking them if they are working with a Buyers Agent. Most of the time they say no. So [...]
Panel Discussion: What we can learn from the 80?s to survive today
Last week I attended a panel discussion for real estate brokers and investors. The panel consisted of five broker/investors who had been in business in the late 1980?s during the last major downturn in the real estate market. Here are some bullet-points (and comments) from their discussion in no particular order: · Foreclosures affect not only a [...]
Welcome to my Blog!!!
Welcome to my small space on the Web. One of the things I would like to do in this space is to answer any questions you might have about Real Estate. If I don’t know the answer personally, I will find the answer for you. So please feel free to ask anything at all. Best regards, -Jim
