Summit Real Estate Blog

Some sunny news about the market!

Some sunny news about the market!

I just received this article from Rod Shuster, a Mortgage Broker at Clarion Mortgage Capital, and I think it bears repeating – some sunny news about the market! MARKET RECAPA funny thing happened on the way to the depression: A recovery occurred. ...

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Older home that seems to have a lot of surges in power

Older home that seems to have a lot of surges in power

Question: We have an older home and seem to have a lot of surges in power. We have purchased a surge protector for our computer but wonder if we need them for our other more expensive appliances. Answer: Homeowners possessing numerous expensive ...

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Bridge Loans Offer Flexibility

Bridge Loans Offer Flexibility

Question: We want to purchase a new home and get ours onto the market. What happens if we find something we want to buy before we get our existing place sold?  Answer: That’s a good question and it is a situation that many people find themselves in ...

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First time home buyer credit

First time home buyer credit

Question: Allison – We’re confused! Every time we turn around we see something different about the first time home buyer credit. Has anything been resolved? Answer: You aren’t the only one! The tax credit has been a moving target and hard to pin ...

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Understanding housing tax credits

Understanding housing tax credits

Understanding housing tax creditsThere's upside to going green, doing short saleQuestion: Allison, we’ve heard so much about the $8,000 tax credit for buyers, but much of the information is confusing and contradictory. Would you please let us know ...

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What are some tips on negotiation?

What are some tips on negotiation?

Question: What are some tips on negotiation?Answer: The more you know about a seller's motivation, the stronger a negotiating position you are in. Don’t be afraid to ask! You may not get the full story, but it never hurts to ask why a seller is ...

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Should I buy a bigger home?

Should I buy a bigger home?

Q: Should I add on or buy a bigger home?A: Consider these questions before making a choice between adding on to an existing home or moving up in the market to a bigger house:* How much money is available, either from cash reserves or through a home ...

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How do I prepare the house for sale?

How do I prepare the house for sale?

Q: How do I prepare the house for sale?A: First and foremost, put it in the best condition possible, especially if you are in a market with few buyers and lots of homes for sale. That means taking care of any major repairs that could deter a buyer ...

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