Posts Tagged ‘tracy california homes for sale’

Pros and Cons of Choosing to Buy a Condominium

Monday, October 4th, 2010

If you are a person who likes living in the city and you crave your privacy, the condo could be your best choice. But if you want to keep yourself “well-grounded” and you like the open spaces, forget the option of a condo. The condo is perfect for the individual who does not want to deal with lawn mowing and exterior maintenance, and who can live with a small garage or none at all.

Condos have nice amenities such as tennis courts, swimming pools, and workout facilities, sometimes accessible within the building. You don’t have to deal with the maintenance of these facilities either, same as the facilities in your own condo. A maintenance staff handles everything and there’s always someone you can ask for assistance and there is 24/7 security. In addition to these advantages, condo complexes are often built near the best areas for employment.

Besides the benefit of amenities and location, condos are less expensive than traditional homes. If you want to sell it, you are likely to be able to sell it easily because of the comparatively continuing demand for condos, since one of their attractive characteristics is that they are usually lower-priced. Altogether, these advantages make a condo purchase a smart investment.

The Opposite View

Looking at the other side as well, living in a condo can be boring and surprisingly expensive. It can seem rather boring or lonely for those people who like the neighborhood atmosphere. Of course, they may have nice views of the city’s skyline, but if they try to dress up their homes with holiday lights or do any improvements, they can be charged extra fees for any outside improvements.

You may count yourself among the people who cannot stand rules and restrictions such as that – or maybe not.

There will always be the association rules to be followed. The rules can go as far as dictating what type of curtains you are allowed to use, the volume of your TV or your kids’ playing and you can’t even have a little barbecue without the super coming around to correct you or turning you in as a “problem” resident.

When you buy a condo you also pay for services. Apart from your monthly bill for your home loan you’ll have to put up the cash for the numerous services. There are the association fees, which can kill you. Moreover, the fees are not tax deductible. In terms of investment predictability, when real estate prices takes a dive, the first one to go is the condo and when it reverses, the condo is the slowest to recover. This can be in your favor or it can hurt you, depending on when you are selling or buying.

In summary, if you want an affordable place to live, the condo can be a practical choice. Young professionals, newlyweds, and college students often prefer condos to apartments because of location and security. Of course, let your decision be influenced by your purpose and lifestyle, and naturally your budget.

This content was provided by the leading Broomfield CO real estate experts, Automated Homefinder.


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Insider Secrets You Can Use to Choose the Best Mover

Friday, September 3rd, 2010

You have probably heard, or even worse experienced, a moving horror story in which things get damaged, stolen, or end up being held hostage in a warehouse for months on end. One of the first decisions you will make when you need to move from one home to another is finding a mover to do the work. Selecting a company you can trust can be hard.

It is important to select a moving company carefully, to ensure your move is carried out smoothly and everything is done as promised. With the tips in this article, you will be able to make a good selection when it comes to getting the mover for getting the job done right.

Get References

A good way to have a degree of confidence that the company you select provides reliable service is to ask your family members and friends for Recommendations. If someone you know had a good experience with a particular company, you can anticipate having a similar experience. It is just as valid an expectation that if the people you ask warn you to avoid a certain mover, you should take the advice to heart.

Choose a Nationally Known Company

A nationally known, well established moving company with a well-regarded name is your best choice for a long distance move. While a local moving company that is highly well-recommended might be good for moving across town, you need to be really careful when you send your property across state lines. If you are going to send everything you own from Connecticut to Colorado there should be a corporate office with appropriate responsibility that you can contact in the event that you need assistance with a problem.

Review the Fine Print

Review the contract carefully. As is true with all contracts, it is necessary that you clearly understand the terms of the contract before you sign it. Don’t make assumptions. Be sure that you know everything they are obligated to do according to the contract. Many movers will show a binding maximum price, or sometimes it may only seem to be so. If it is not based on a fairly detailed onsite estimate, look for and ask about exceptions that may be in the contract, possibly written in terms that are not as clear as they could be.

If, as with most people, you aren’t expecting to have to unload the truck yourself, make sure that the contract stipulates that the movers will take care of that task for you. Make sure that you understand the company’s responsibilities in protecting your possessions from damage during transit and the procedures for getting payment if a loss should happen.

Get a Solid Estimate

The price the company quotes you should be accurate, not just a guess over the phone they say is “standard” for how many rooms you have. The best movers will offer to come to your home to accurately estimate the scope of the job before quoting you a price. Beware of any moving company that just quotes you a standard price for a three or however many bedroom home. There are many different sizes of three bedroom homes, and there can be great variability among the quantity and value of possessions even in homes that are similar in size. If a mover fails to actually take a look before giving you a quote, you should be cautioned that the price can very well change on moving day.

Know Insurance Coverage

Be sure that you understand the level of insurance coverage on your possessions while they are in transit. Don’t just assume that the insurance the mover offers with the quoted price will be enough to replace your belongings in the event of a serious mishap. Depending on the coverage they offer, the replacement value of your property you may need to buy supplemental insurance in order to make sure you are insured for the full value of your possessions.

Information furnished by Automated Homefinder, Colorado’s best Broomfield CO specialists.

how to choose the best moving company

Understanding The Federal Housing Tax Credit

Monday, November 16th, 2009

The $8,000 First Time Home Buyers tax credit has been extended – and expanded – the Government is now offering a $6,500 credit to repeat buyers.

I know a lot of people are confused about the details, so here’s a little help in understanding all the ins and outs of the Federal Housing Tax Credit.

For complete information and answers to your questions visit FederalHousingTaxCredit.com

$8,000 First-time Home Buyer Tax Credit at a Glance

  • The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
  • The tax credit does not have to be repaid.
  • The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
  • The tax credit applies only to homes priced at $800,000 or less.
  • The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
  • For homes purchased on or after January 1, 2009 and on or before November 6, 2009, the income limits are $75,000 for single taxpayers and $150,000 for married couples filing jointly.
  • For homes purchased after November 6, 2009 and on or before April 30, 2010, single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

The $6,500 Move-Up / Repeat Home Buyer Tax Credit at a Glance

  • To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
  • The tax credit does not have to be repaid.
  • The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $6,500.
  • The tax credit applies only to homes priced at $800,000 or less.
  • The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.
  • Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

federal housing tax credit