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The Rogers Healy Blog

Posted June 16, 2010 by James Roberts

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Posted June 9, 2010 by James Roberts

Realtors want the tax credit close date extended

I was browsing the Wall Street Journal today ( as I usually do while using my monocle) and came across this article that I felt was relevant to agents/buyers and sellers.  The real estate lobby is asking that Congress extend the date at which transactions must close in order to qualify for the tax credit. Currently, you had to be under contract by April 30th and close by June 30th.The problem is that short sales and foreclosures take much longer than the typical real estate closings of between 30 and 45 days.

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Posted May 26, 2010 by James Roberts

Wonderview- Mark Cuban's latest and greatest business venture

There was an intereting article on the front page of the Dallas Business Journal recently talking about Mark Cuban's new planned real estate development, Wonderview. The new development is a 175 acre mixed use development- sports facilities, corporate offices, residential as well as retail space. The project will be located in East Oak Cliff with the hopes of helping the communities youth and revitalizing the area. Wonderview will costs between 600 million and 1 billion and construction will start June 1 and continue during the next decade.

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Posted March 18, 2010 by James Roberts

For Sale By Owner..sounds easy, right?

We have all seen them...the red and white sign in the yard that says "For sale by owner". Ever tried calling one of these signs? The response time is days after you leave a message if they even call you back. Most people selling their home also have a full-time job which makes arranging a sale and taking calls nearly impossible. When you hire a Realtor, however, you should be hiring a person that sells real estate as a full-time profession. Here is a great article to read if you are thinking about selling your home yourself.

 

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Posted March 8, 2010 by James Roberts

Dallas Observer Article: Owner to Rebuild on Greenville Ave., While City Promises to Expedite Permits

I found this interesting article about the rebuilding of the 2800 block of lower Greenville. Looks like they are making the right choice!

 

Article By Robert Wilonsky, Saturday, Mar. 6 2010 @ 8:35AM Dallas Observer

 

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Posted March 7, 2010 by James Roberts

The $6,500 Existing Home Owner Tax Credit: Hurry, it ends April 30th!

Been thinking of upgrading to that 2,300 square foot, completely remodeled, tudor house on Monticello? Good news, now is the time! Below is information pertaining to the $6,500 existing home owner tax credit.

To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.

The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.

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Posted March 7, 2010 by James Roberts

The $8,000 First Time Home Buyer Tax Credit: Hurry, it ends April 30th!

Lately, I have been getting a ton of buyers interested in the first time home buyer tax credit. Below is some general information to better familiarize yourself with the guidelines.

•The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.

•The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.

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Posted February 10, 2010 by James Roberts

Home Financing Pt 1: The FHA Loan- Explained for the rest of us.

 

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