In addition, if they buy a home now, they could qualify for an $8,000 tax credit.
This is a tax credit, not a tax deduction! That means they could pay up to $8,000 less
in taxes on their 2009 tax return.

Have them go to http://www.federalhousingtaxcredit.com/2009/glance.php
to see if they qualify.

If they do qualify, they need to act quickly.
In order to qualify for the $8,000 tax credit, their new home must close escrow
by November 30, 2009.

To be on the safe side, they should count on at least a 45 day escrow.
This means that they should be in escrow by at least October 15, 2009.

A short sale can take a long time just to find out if the lender will accept it
before starting the 45 day escrow period. So, short sales will soon not be a
feasible option to close by November 30.

We are now in September, so this only leaves about 5-6 weeks to find a home.
It is also my feeling that many buyers will be scrambling to find a home when
it gets closer to the deadline. If so, the longer they wait, the more competition
they may have to deal with. This could lead to paying a higher price to get
an offer accepted.

If they call me, I will do the following for them:
1. Get them prequalified for a loan. This improves the chances of getting an
offer accepted.
2. Set up a program in my computer which will email them with all the available
homes that meet their criteria.
3. Email them periodically with any new listings and price changes.
4. Set up appointments and show them the homes that they tell me they want to see.
5. Assist them in preparing an offer and negotiate with the seller or seller’s agent
on their behalf when they find a home they like.
6. Oversee the escrow and loan process.
7. Set up all inspections, appraisals, etc.

Many new home buyers are not aware that utilizing me as their real estate broker
does not cost them anything extra. My commission is paid by the seller.

Please have your interested friends call me at (916) 351-1334 or email me
at folsomrealty@att.net.

Thanks for taking the time to read this.

Mo Elliott
Folsom Realty
(916) 351-1334

City may allow a house and in-law quarters above a garage from the alley. Easy access to everything.

This is an upgraded double-wide mobile home in prestigious Pinebrook Mobile Home Park in Folsom. This 2 bedroom, 2 bath home is approximately 1464 square feet and has a living room / dining room combination, a separate family room with a wet bar, a huge kitchen with lots of cabinets and countertop space, new appliances, and a laundry room. It is on a large lot that resembles living in the mountains or in a park. It is ready for occupancy for just $150,000

Nicely kept home on quiet cul-de-sac. Very little to do before move-in.

Nicely kept home on quiet cul-de-sac. Very little to do before move-in. Newer dual pane windows, roof, and exterior siding. Nice wood floors. Large bedrooms. Large tech deck in the rear with access to family room and master bedroom. Room for RV. Gutter guards to protect from the many oak trees that provide shade in the morning and late afternoon. 3 plantation style window coverings in living room and dining area. Wood slat window coverings in 3 bedrooms. Several ceiling fans.