Purchases

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Correction & Fresh Bread

Wednesday, March 4th, 2009

First the correction. In yesterday’s post I said “If you are my friend think to yourself “Have I ever helped Kakaras move?” The answer is no. ”
If a friend has ever actually helped you move and you say this statement you will get a “friendly” text message reminder or two.
It turns out I have had […]

House Stimulus

Monday, March 2nd, 2009

There are two first time homebuyer tax credits available now.

If you purchased your first home (haven’t owned a home in 3 years) betwen April 8, 2008 and December 31, 2008 you are eligible to receive a $7500 tax credit to be repayed over the next 15 years at 0% interest.
If you purchased your first home (haven’t owned a home in […]

Lessons from a Mortgage

Wednesday, January 14th, 2009

As always I like to use this blog as a tool. Today I am not going to give you genius financial wisdom, I am just going to give you my experience thus far in the mortgage arena.
It has been 24 hours since I put a contract on my first house. I have called three different […]

Sleeping on It…

Thursday, December 18th, 2008

This is my new strategy when it comes to real estate shopping.
Like I told you the other day the house wifey & I are interested in went to a bidding war. I was skeptical as to whether or not there was a 2nd bidder and my skepticism has served me well, however I still do […]

Lessons from an REO

Tuesday, December 16th, 2008

I am currently in a bidding war for a house. Sounds exciting right?
The basic rundown is: there is a house (bank owned foreclosure) that has sat on the market for a good bit and it needs a good bit of work. There has been no activity on it for a long time. So wifey and […]