Just thought I should let you know that a new sales tax will go into effect 2013 on your house. If you sell your house after 2012 you will pay a 3.8% sales tax on it? That's $3800.00 on a $100,000 home etc. This is in the healthcare bill.
It is a good time to take advantage of our incentive which we are offering clients who build one of our new ranches in our Rolling Meadows Subdivsion in Lemont off of 127th. St. A finished basement at a value of $35,000. Take a short road trip to Willow Ridge Estates, check out our 1/3 acre lots and our nearly finished community.
Monday, March 21, 2011
Friday, March 11, 2011
FHA now requires a Minimum credit score of 500
FHA now requires a minimum credit score of 500 per a recent article sent out by Golden Arrow Realty http://www.goldenarrowrealty.com/ . New Horizon Homes Builder, inc is ready to build your single family ranch home in Willow Ridge Estates in Lemont and we are letting our clients know how important it is to watch and know their credit score. A larger downpayment is required for lower credit scores. Also community banks are looking at more than just credit scores. A few factors they review include, length of employment and whether or not home buyers have an exisiting savings account in which they make regular deposits.
Thursday, March 10, 2011
This economic of winter in housing is almost over!
This economic of winter in housing is almost over says the President of the National Association of Realtors today in his Podcast. This week the leadership team of NAR are taking the "home ownership matters" message to senators in D.C. and consumers across the country. Home ownership is and has always been the right option for you and your families. Interests rates are still low and foreclosures were lower in February than in the last year. We are finally seeing the light at the end of this tunnel and it is almost Spring!
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