Tax Credit Renewal...

It looks like they will be renewing the tax credit until April 2010 at least. I will keep you all updated on when this happens and what changes that could be made as soon as they come available. With luck, many others will be able to take advantage of this opportunity.

Thanks and stay tuned!

What are you afraid of?

What fears are keeping you from buying real estate?

What is stopping you...

from buying a property right now?

What not to do with a short sale...

just ranting, but tell all your realtors and realtor friends that they should not accept multiple offers to submit to a bank during a short sale. The bank gets confused, takes much longer to complete the process, and in the end, loses more money than they would get even if the new offer was significantly higher! In the end, it is better to submit ONE offer if it is solid enough to take to the bank,

That is all for today,

Geoff

When it hit's the fan...

will you be ready? Most people see bad things coming from a distance. Many others are given no warning to a major disaster, issue, or problem when it becomes reality. What are we to do in order to prepare then? I find it interesting how few people keep an emergency fund for stormy weather. The best thing that you can do to prepare yourself in case of a terrible situation is to have at least six month's worth of reserve cash available for when things go south. I encourage everyone to calculate what it would cost to live for six months and determine now to start setting aside money until that amount is reached.

I am about to release my booklet on foreclosure, best of all it will be free online!

More to come,

Geoff

Talking real estate all the time...

Apparently I have been so involved in real estate lately that I am talking about deals in my sleep. This is both good and bad news to me, I love talking real estate, but everyone needs sleep. Wouldn't that be cool if you could do something productive in your sleep though?

I have been thinking about our local and national real estate markets and the opportunities that are out there right now. I know many people that are getting rich because of the various real estate deals that they are doing to make things work for them.

What are you doing to make use of the opportunity near you? I am working on short sales and on buying rental property at this time. Vegas, Kansas City, and Salt Lake are the three markets I am buying and helping people invest in.

Let me know where you are and what you are doing!

Thanks,

Geoff

Home Run Grant #2 in Utah...

For those of you who are not aware, the second home run grant is available for anyone wanting to build or buy a home that has never been lived in. The amount is $4000 and it goes towards your down payment of closings costs of the home. The other good news is it is not just for first time home buyers this time around! If you have any questions, more information can be given by calling Geoff at 801-232-9500 or emailing gwdearing@yahoo.com

If you act fast you could get as much as 20000 dollars towards the purchase of a new home when combined with the 8000 tax credit!

Good Luck and Happy Real Estate Hunting!