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December 2009 - Posts

Wednesday, December 30, 2009 11:40 AM

A Short Sale's Long Journey

With home values falling and a rough economy denting people's wallets, it doesn't take much for a homeowner to get underwater on a mortgage, owing more on the loan than the home is worth. Toss in a personal dilemma or two and the situation can
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Monday, December 28, 2009 3:07 PM

Another Big Gain in Existing-Home Sales as Buyers Respond to Tax Credit

Another Big Gain in Existing-Home Sales as Buyers Respond to Tax Credit Washington, December 22, 2009 Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended
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Monday, December 28, 2009 11:40 AM

'Extreme Makeover' house listed for sale

12/11/2009 TIM UNRUH CHAPMAN — Patrick and Crystal Tutwiler have listed for sale their home that was built through the “Extreme Makeover: Home Edition” television program. The couple are asking $298,900 for the 2,500-square-foot home.
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Saturday, December 26, 2009 10:09 AM

Mortgage Rates New An All Time Low - Wow!

According to an article in the Los Angeles Times, Octoer 2, 2009 interest rates are near the all-time low (for rates tracked by Freddie Mac), if you have a solid credit rating and are able to put 20% dow. 30-year fixed rates last week were 4.94% with
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Monday, December 21, 2009 6:27 PM

Small Projects, Big Bang, Is The Remodel Really Worth The Money?

Small Projects, Big Bang Judicious home remodeling is still worth the investment, according to Remodeling magazine's annual "Cost vs. Value Report." By G.M. Filisko var author="G.M. Filisko"; var date=''; if (author!="" && date!='') document.write('
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Thursday, December 17, 2009 2:57 PM

Making an Offer

Once you’ve found your dream house, it’s time to get started with the financial and contractual side of the purchase. Let your CENTURY 21® professionals guide you through this process. Purchase contracts vary in length and terms from state
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Sunday, December 13, 2009 2:16 PM

If You Don't Buy a House Now, You're Stupid or Broke!

By Mark Roth Well, you may not be stupid or broke. Maybe you already have a house and you don't want to move. Or maybe you're a Trappist monk and have forsworn all earthly possessions. Or whatever. But if you want to buy a house, now is the time,
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Thursday, December 10, 2009 3:51 PM

IRS Sets New Rules for Tax Credit

The IRS has spelled out guidelines for eligibility for the home buyer credit when co-borrowers purchase a property. When a home-owning parent of an adult child co-signs for a mortgage and both names appear on the note, the IRS says that under some circumstances,
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Sunday, December 06, 2009 5:50 PM

Homebuyer Tax Credit Tip

Did you know that members of the Armed Forces, military intelligence and Foreign Service who are on extended overseas duty or who have been on active duty for more than 90 days in 2008 and 2009 have another year to use the tax credit (through June, 30,
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Saturday, December 05, 2009 12:11 PM

Rich Skelton Wins Round 2 at the Wrangler Nationial Finals Rodeo!!

Llano's own Rich Skelton and his partner, David Key have won the 2nd round in Team Roping in Las Vegas. Rich is an 8 time world champion heeler that calls Llano his home. Keep up the good work Rich we are proud of you!
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Friday, December 04, 2009 9:08 AM

Bridge Loans: Using the Home Buyer Tax Credit Up-Front

In mid-May 2009, the U.S. Department of Housing and Urban Development (HUD) launched a program that would allow federally approved lenders to offer bridge loans to cover closing costs for borrowers who take the 2009 First-Time Homebuyer Tax Credit and
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Tuesday, December 01, 2009 4:47 PM

Texas has top 5 healthiest housing markets for 2009

A recent analysis of the best and worst markets for new-home construction found that Texas cities occupy the top five positions nationally. BuilderOnline, in conjunction with Hanley Wood Market Intelligence, earlier this year debuted its metric for determining
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