Buyer Central®

There's no doubt that choosing a home is a big decision and you want to do it right. As a buyer, here's what actually happens. A home has been placed on the market for which the seller has established an asking price as well as other terms. In effect, this is an offer. At this point, you have three choices: accept the seller's offer and create a contract; reject it and not make an offer; or suggest different terms and make a counter-offer.

If you choose this last option, the seller may accept, reject or make a counter-offer. No aspect of the home buying process is more complex, personal or variable than bargaining between buyers and sellers. This is the point where the value of an experienced REALTOR® is clearly evident because he or she knows the community, has seen numerous homes for sale, knows local values and has spent years negotiating realty transactions.

A house is shelter, but a home is far more. It's where you live, relax, entertain friends, raise families, and work. A home is where you spend much of your life, and so choosing a house is an enormous decision. How do you know if a house is "THE" one? Probably the best approach is to look at as many homes as possible Once your choices have been narrowed, you can simply get in contact with one of our associates to find out more specific information and options.

Brookstone Mortgage News

Home Buyer Tax Credit Extended
As part of its plan to stimulate the U.S. housing market and address the economic challenges Congress has passed new legislation that

Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.

Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010

If you have specific questions or need additional information, please contact a tax professional or the Internal Revenue Service at 800-829-1040.

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