Homebuyer Tax Credit Update

The Senate has overwhelmingly passed an extension to the hotly debated homebuyer tax credit. The updated version of the program has larger scope and is more generous than its predecessors. Note that the extension is not official until it is also passed by the House and signed by President Obama. The new program offers people that have lived in their home for 5 years or more (move-up buyers) a $6,500 credit. It also increases the

Old Paint in the Basement

Most homes that I show to my buyers have a corner of the basement with cans of old paint. Amy and I probably have more than most in our own home, just in case we need to touch up any one of the rainbow of colors that adorn our walls. We also have a couple of cans containing colors that are no longer in use. While homeowners may feel comfortable stockpiling reserves, they can become

West Hartford Sales Contracts

Real estate activity in West Hartford feels like it has really picked up over the past few weeks. Agents are buzzing around like busy bees, and houses are going under contract. We’re seeing some homes sell very quickly after they are offered for sale, and we’re seeing multiple buyers compete for properties. There is clearly still broad interest in living in West Hartford. I was curious to see if the data supported our “feel” for

Negotiating Your Relocation Package- Buy Side

Last week I wrote about various benefits you may get in a corporate relocation package when you need to sell a house. Today we’ll cover benefits you may receive if you’re buying a home in your new location. In all cases, you’ll work with a real estate agent to find your new home. If you know of a specific agent that you’d like to work with, tell your relocation company that agent’s name and their

Staying Put

I make my living by helping people move. But at times, I have to advise them that it may make more sense to just stay put. Here’s a recent example… A few weeks ago, I met a nice, older couple at an open house. They have been thinking about moving from their house to a condo. Right now they have one floor living, a garage, and central air. They have around 1,100 square feet and