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The time is running short for buyers to leverage the extended Federal Tax Credit available to many home buyers through the end of April 2010. The National Association of REALTORS® has produced this video to help re-enforce the opportunity. If you would like more information about the tax credit, click here. Or, contact me, if I can help explain the Tax Credit, help you find a home, or help you sell a home. |
Tax Credit Television
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What is a Home Warranty?
A home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order at the start of the contract.
What is a Short Sale?
If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. A short sale is different from a foreclosure, which is when the seller's lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure.
