Jennifer Hamilton's Blog

Probably the best news I received in my email on Friday afternoon! So, looks like under a new FHA rule, Lender will now be able to allow the $8,000 tax credit to be used towards a down payment. Yes! You read that correctly! You can now use it as up-front money towards your purchase instead of hav...

This just in... FHA is now going to permit lenders to use the $8,000 federal first time home buyer tax credit towards their down payment! This is FABULOUS news for Buyers. If this isn't incentive--I don't know what is!? Now remember, this tax credit will only be around for a few more months. Don'...

YAY! It's RED day! RED stands for "Renew" "Energize" and "Donate." "On May 14th Red Day will be launched in every market center in the U.S and Canada. This new Keller Williams service initiative is designed to improve local communities through the donation of the time and efforts of all KW associ...

So, you wanna buy a Bank Owned Property? Well then, you're in luck! It looks like we'll be in this cycle of Bank Owned inventory for at least another 3 years. And while there are some very good deals out there, there are also some class "A" duds. Bank owned properties are quite alluring price-wis...

You see it all over the late-night TV infomercials "Get rich by purchasing foreclosure properties..." Sure, there are those occasional screaming deals at the auction--But Buyer Beware! If you don't know what you're doing, you could inherit a lemon. A refresher: Foreclosure:  This happens once it'...

Unfortunately, they are here to stay for some time. And I guess you can already tell how I feel about Short Sales. Right now, it's safe to say...they are the bane of my existence. Just a refresher: Short Sale: A short sale is a transaction by where the Seller, for whatever reason, is going to hav...

What's the difference? Good question! There's quite a bit of difference actually, and what you don't know could come back to haunt you. A brief synopsis: Short Sale: A short sale is a transaction by where the Seller, for whatever reason, is going to have to sell their home for less than what they...

Are you intending on using the 2009 Tax Credit as part of your plan for purchasing a home? If so, times a wasting! If you haven't started the loan approval and search process yet, you need to start. The Tax Credit is only good through December 1st of 2009 and is not likely to be extended (I'll te...

Not in my opinion. This market is so volatile right now, and people are looking at all avenues to buy and sell, but Lease Option is not an avenue I would entertain. How it works: A Lease Option purchase is a transaction wherein the Seller agrees to sell the property under a Real Estate contract w...

Not only are First Time Home Buyers eligible for the $8,000 non-repayment tax credit--there is also money for home improvements. So not only are you able to get cash back on your purchase, any purchase you make towards energy efficient windows, doors, water heaters, roofs, insulation and HVAC sys...