Site blog for forclosures, Broward county properties for sale, and All south florida property listings.

 We have great news for local home buyers. There are funds available in Miramar, Pembroke Pines and Coconut Creek to assist you with your down payment. These funds are basically an advance of the http://www.southfloridahomesolutions.com/Blog/Clock-Is-Ticking-for-South-Florida-Home-Buyers and does not have any limitations to the area of the city or type of purchase. You can be purchasing a short sale, foreclosure, or regular transaction.

 Also, buyers purchasing a Fannie Mae-owned HomePath® property (owner-occupied) before May 1, 2010 will receive up to 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of whirlpool appliances.

Clock Is Ticking for South Florida Home Buyers

The Clock is Ticking...
Extended and Expanded Tax Credit Expires 4/30/10

For prospective Miami home buyers who are on the fence about making a home purchase, the next few months represent a countdown of sorts as huge tax credits are about to expire. Here are important details for you to know:

Tax Credit for First-Time Home buyers
First-time home buyers may be eligible for the tax credit. The credit is 10% of the purchase price of the home, with a maximum available credit of $8,000. Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.

Tax Credit for Current Homeowners
The tax credit program now gives those who already own a residence some additional reasons to move to a new home. This incentive comes in the form of a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years. Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.

What Are the New Deadlines?
In order to qualify for the credit, all contracts need to be in effect no later than April 30, 2010 and close no later than June 30, 2010. Those in the military do have some special extensions on the time lines available.

What's So Great About a "Tax Credit"?
The benefit of a tax credit is that it's a dollar-for-dollar benefit, rather than a "tax deduction", or reduction in a tax liability that would only save you $1,000 to $1,500 when all was said and done. So, if a first-time home buyer who qualified for the entire benefit were to owe $8,000 in income taxes and would qualify for a tax credit of $8,000, she would owe nothing.

Better still, the tax credit is refundable, which means the homebuyer can receive a check for the credit if he or she has little or no income tax liability. For example, if a first-time homebuyer is eligible for a tax credit of $8,000 but is liable for $4,000 in income tax, she can still receive a check for the remaining $4,000!

Higher Income Caps
The amount of income someone can earn and qualify for the full amount of the credit has been increased. Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible. Joint filers who earn up to $225,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, joint filers who earn $245,000 and above are ineligible.

Maximum Purchase Price
Qualifying buyers may purchase a property with a maximum sales price of $800,000.

It's also important to note another upcoming deadline as the Federal Reserve winds down a program that has been keeping home loan rates artificially low. The fact is that the lowest rates of 2009 were driven down to their attractive levels because of the Fed's Mortgage Backed Securities (MBS) purchase program, which the Fed once again emphasized in its January 27, 2010 Rate and Policy Statement will end on March 31, 2010. As the Fed's program winds down and ends, rates could rise over time since MBS will have less support from the Fed.

If you have any questions regarding the tax credit, pick up the phone and call me. I'm here to help you take advantage of one of the greatest opportunities Miami home buyers may ever have.

Dear Friend,

      Here’s a quick note to let you know how I can help you or anyone you feel comfortable introducing me to.

      Many people – from the media to your neighbor and probably to you – are asking, “How’s the market?” and “Has the real estate market stabilized?”

      Experience shows that it depends on where you live.  I would love to do some research for you and send you an email that will tell you what homes are for sale now, what homes have sold recently and how long homes are taking to sell in your neighborhood, so you can feel secure in the knowledge that you have the most accurate information.  This timely information will tell you right away how your market is right now.

      Just take out your cell phone, look up my number (754-204-0069), call me, and I’ll email the report to you.

 Michael Peron, Your Real Estate Consultant For Life

Weichert Realtors, 754-204-0069

 P.S.  This information would be valuable to anyone you know who’s considering buying or selling a home, or just wants information specific to their area.  Be sure to give me a call so I can help them, as well.

Dear Friend,

     Here’s a quick note to let you know how I can help you or anyone you feel comfortable introducing me to.

       Many people – from the media to your neighbor and probably to you – are asking, “How’s the market?” and “Has the real estate market stabilized?”

      Experience shows that it depends on where you live.  I would love to do some research for you and send you an email that will tell you what homes are for sale now, what homes have sold recently and how long homes are taking to sell in your neighborhood, so you can feel secure in the knowledge that you have the most accurate information.  This timely information will tell you right away how your market is right now.

      Just take out your cell phone, look up my number (754-204-0069), call me, and I’ll email the report to you.

 Michael Peron, Your Real Estate Consultant For Life

Weichert Realtors, 754-204-0069

 P.S.  This information would be valuable to anyone you know who’s considering buying or selling a home, or just wants information specific to their area.  Be sure to give me a call so I can help them, as well.

Dear Friend,

 Do you sometimes find yourself going on at length when just three little words will do?

 None of these phrases is right for every situation, but each of these phrases is right for some situation:

• I thank you.

• Please forgive me.

• I trust you.

• Let me help.

• I believe you.

• I forgive you.

• Yes, you’re right.

• I’m so sorry.

• Count on me.

• I understand you.

• Go for it.

• I love you.

 Ah, the power of three little words!

 Sincerely,

 Michael Peron
Your Real Estate Consultant For Life

 P.S.  Have you used these three little words lately?  Be sure to email me at Mike@MichaelPeron.com or call me at 754-204-0069 – I’d love to hear your story.

Dear Friend,

      Here’s a quick note to let you know how I can help you or anyone you feel comfortable introducing me to.

       It may or may not be a sign of these economic times, but according to experts, home robberies are on the rise.  Reading or hearing about these events on the news is almost a daily event, yet most of us think “That couldn’t happen to me,” and fail to take basic, preventive measures.

      I’ve prepared a free report, Protect Your Home From Burglars, that I’d like to send to you to help keep you, your family, and your home safe.  The report includes information about doors, windows and alarm systems, plus some general, common-sense tips.  If you’d like a copy of this report for yourself, family members and friends, just take out your cell phone, look up my number (754-204-0069), call me, and I’ll mail or email the report to you and anyone else you request.

Michael Peron, Your Real Estate Consultant For Life

Weichert Realtors, 754-204-0069

P.S.  Renters are just as vulnerable to home robberies as homeowners.  Who’s the next renter you know who could benefit from this free report?  We can help them!  Be sure to give me a call so I can send this report to you to pass along.

You’ve probably heard the expression, “The squeaky wheel gets the grease.”  In other words, the loudest complainer gets the most attention.  Here’s a story that suggests another point of view:

 The staff at the coffee shop was having “one of those days.”  The espresso machine was malfunctioning; the bakery hadn’t delivered the bagels and sweet rolls; someone from the morning shift called in sick; and the crew from the previous evening failed to restock the cabinets with supplies.  And the line of people waiting to get their first cup of coffee for the day already snaked around the store.

 A woman at the back of the line began to complain loudly.  “What’s taking so long?  Are you growing the beans back there or what?  I don’t have all day!”

   “Yes, we’re running on empty this morning,” the manager said with a pleasant smile.  He motioned for the woman to come forward. “What can I get for you?”   

 “I want a large coffee with steamed milk – to go,” barked the woman.

   “No problem,” said the manager.  He looked past the woman to the other customers waiting in line and offered them a reassuring wink.  In a matter of moments he made the woman’s coffee, took her money, and sent her on her way with a “Have a nice day.”

 The other customers stood silently.  Some had confused looks on their faces, others were bristling.

 Then the manager made an announcement that put a smile on the face of every remaining customer:  “Folks, I’m really sorry for the inconvenience this morning.  Because you’ve been so patient, your coffee is on the house.”

 Sometimes it’s OK not to be the squeaky wheel! 

Sincerely, 

Michael Peron
Your Real Estate Consultant For Life

 P.S.  Do you have a favorite expression?  Please email me at Mike@MichaelPeron.com or call me at 754-204-0069.

Dear Friend,

      Here’s a quick note to let you know how I can help you or anyone you feel comfortable introducing me to.

       Buying or selling a home is the biggest financial step that most people will ever take.  And because it’s a step they take just a few times in a lifetime, most don’t have an opportunity to become experts.  That’s why we’re offering our free report, The 10 Dumbest Mistakes Smart People Make When Buying or Selling a Home – and How to Avoid Them:  to help people you care about make informed decisions and have a better buying/selling experience.

       The next time you’re in a conversation with a friend, family member or neighbor and they mention they’re thinking of buying or selling, would you stop, take out your cell phone, look up my number (754-204-0069) and call me immediately?  I’ll send you my free report so you can give it to them.

Michael Peron, Your Real Estate Consultant For Life

Weichert Realtors, 754-204-0069

 P.S.  This free report is perfect for people who have just started talking about buying or selling, even if they’re not moving for several months.