Sign up for my Newsletters!

eNewsletter Sign Up

Friday, December 11, 2009

Form to file for your Tax Credit

Below is a link to get the Form 5405 which is needed to get your First Time Home Buyer Tax Credit. I've heard that it only takes 4-6 weeks to get your credit in the mail. Congrats on buying a home!

Friday, November 20, 2009

Housing at it's most affordable in years!

Housing at Its Most Affordable in Years
One piece of good news coming out of the Great Recession is the increasing affordability of housing.

The typical U.S. family earning the nation’s median income of $64,000 a year could afford to buy 70.1 percent of all homes sold in the United States during the third quarter, according to a report from the National Association of Home Builders and Wells Fargo. The report relied on the government standard of spending no more than 28 percent on housing. In the same quarter of 2008, only 56.1 percent qualified.

The five most affordable areas are:

Youngstown, Ohio
Warren, Mich.
Grand Rapids, Mich.

The five least-affordable areas are:

New York City
San Francisco
Santa Ana, Calif.
Nassau and Suffolk, Long Island, N.Y.

Source:, Les Christie (11/19/2009)

Friday, October 30, 2009

First Time Home Buyer Tax Credit Extension

Here is the latest on the First Time Home Buyer Tax Credit being extended. As of last night Senate has passed the bill to be extended until April 30th, 2010. This is a great beginning and is looking good but there are still a few more steps. We should know by next weekend. Here is what they are proposing...

-The Tax credit will be extended an extra year for our wonderful men and women who are serving our country over seas.
-For everyone else it will be extended until April 30th, 2010.
-The salary cap that was $75,000 before the credit started to phase out is being raised to $125,000 for single filers and $250,000 for joint filers.
-If you ALREADY OWN a home and have owned it for at least 5 yrs you can qualify for up to $6500 if you sell your house and buy another.

Here is a little more in depth info... Let me know when you are ready to buy or sell! Happy House Hunting!

Wednesday, October 28, 2009

Phillies Poem

From an E-mail I received...

ObviosLEE we don't have to CHASE the pennant any MOYER but we still have to figure out HOWARD going to bring another one home. We have to keep ROLLINS up the STAIRS because it's WERTH yelling with our hands in the EYRE and hanging off the LIDGE because it will all end in A VICTORINO in 2009. If they follow the MANUEL the PHILLIES fans will be HAPPy and we will RAUUUL.......Go Phillies!!!!

Sunday, October 25, 2009

Decorating for smaller spaces

A lot of people are downsizing these days, whether by choice or necessity. Having a smaller space presents decorating and design challenges, about which misconceptions abound. The number one misconception? That using white will make your space look larger. Not so, say experts. Another mistaken belief is that less and smaller furniture is the only option open to small-space owners. But decorating limited space is more about placement of furnishings and careful color usage.

Let's start with color. It may seem counterintuitive, but sharp, bright colors work best in smaller spaces, with plenty of negative space between. Experts also advise using splashes color in unexpected places like the insides of bookcases, windowsills and radiators. Try picking one wall in every room as your focal or accent wall and paint it a deeper color than the other three.

When it comes to the kitchen, you can afford to go very bold. One hot trend you've no doubt noticed is the deep red kitchen. Another room people tend to go neutral is the bathroom, but this is another place you can have fun with color.

Here are more tips to make the most of your small space:

1.Use mirrors. This isn't so you can check your hair whenever you want, it's to reflect light and create more depth. It really works. Hang mirrors opposite your windows. Hang groups of mirrors as you would groups of pictures.

2.If you have a studio apartment (meaning just one room), don't be afraid to paint different areas of the room different colors. Use screens, hanging fabric, even detached hanging windows to break up the space.

3.You probably have extremely limited storage space, so the best thing in the kitchen is to hang everything.

4.And speaking of storage, you want to think double duty. Use a trunk for an end table, putting your winter sweaters inside. Buy furniture, such as ottomans and tables, that have storage space inside. Put up plenty of shelving. Just be sure to arrange what goes on the shelves in a visually pleasing way.

5.Go ahead and display your collections. Have antique lunchboxes? Stack them on shelves. It will add color and fun to your space.

6.You must create negative space wherever you can in order to reduce a cluttered, claustrophobic feeling.

7.Use sheer window coverings to let in the light.

8.Most importantly, let your own personal style shine through regardless of how much space you have to work with. Let your space reflect who you are, and visitors won't even notice the size.

Wednesday, October 21, 2009

Down Payment Strategies

Got You Down?

For many Americans, "coming up" with a down-payment for their first home purchase can be a major roadblock -- and quite often the reason for renting, rather than owning, a home.

A "down-payment" is the difference between the home's purchase price and its mortgage amount. This percentage of the sale price must be paid up-front and can vary by lender, location, and loan program. A higher down-payment generally translates into lower loan interest rate requirements.

Typically, a down-payment comes from personal cash savings, but it can also be a gift that is not to be repaid, or a borrowed amount secured by assets.

While conventional loan down-payments may be close to 20% of the sale price, government loans typically have lower down-payment requirements. This allows potential homebuyers who normally cannot meet down-payment requirements an opportunity to qualify for a mortgage. Keep in mind that down-payments that are less than 20% of the sale price typically require mortgage insurance payments.

Down-Payment Assistance Programs

Fortunately, there are programs and organizations that can help you with your down-payment requirements:

Government Loan Programs - Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA) may offer assistance in paying your up-front cash requirements. These programs can significantly reduce your down-payment requirements. You may also want to contact your local Department of Housing and Urban Development (HUD) Community Builders to find out what local down-payment assistance programs are available.

State Housing Authorities - State agencies may offer down-payment assistance programs in your state.

Private Mortgage Insurance - Private insurance companies that offer you the opportunity to finance some of your down-payment requirements. This allows lenders to accept lower down-payments than they would normally allow.

Saturday, August 29, 2009

Just Listed 8/29/09- Search any town from here!

Search for listings with this cool new tool! To change towns click on search options. So quick and easy! Click on a picture to get more info. After you find some that you would like to see, call me and let's take a look!

Thursday, August 13, 2009

Only 119 Days left of the First Time Buyer Tax Credit up to $8000!!!

The First Time Home Buyer Tax credit of up to $8000 is almost up. If you are going to take advantage of this great offer you must settle before November 30th, 2009. Now is the time to buy! Rates are still at an all time low and there are a ton of houses on the market right now. There are so many different ways to come up with the down payment money. There are currently 15 states currently offering a Tax Credit Advance Loan Program (TCA). These states include Colorado, Delaware, Idaho, Illinois, Kentucky, Missouri, Nebraska, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, Tennessee, Virginia.

Here are links with the info for each state:
New Jersey-
New Mexico-

Click Below to sign up for monthly e-mails for first time buyers!

Or sign up for my monthly e-newsletter below!
eNewsletter Sign Up

Tuesday, August 4, 2009

Tax Benefits of home ownership

We all know the old adage about nothing being certain except death and taxes. However, on a more positive note, you can also be certain of tax benefits if, that is, you are a homeowner. Click Below for more info...

Sunday, June 21, 2009

Town house for sale Aston, PA 19014- $234,900

My newest listing. 59 Victoria Dr Aston, PA. Listed for $234,900. Beautiful 2 bedroom 1 1/2 baths.Finished Basement. Very Large Eat-in Kitchen that has been completely updated with stainless Steel Appliances, New counter tops, and new cabinets. Ask me about the first time home buyer tax credit!

SRA For Consumers : A Consumer's Guide To Selling Or Buying A Home In PA

Great information for Buyers! This outlines the entire buying process.

SRA For Consumers : A Consumer's Guide To Selling Or Buying A Home In PA

Why use a REALTOR (me!)?

Choosing your agent could be the most crucial element of the home buying and selling experience. This is where it is important to realize the difference between a real estate agent and a REALTOR®. While an agent is simply licensed by their state to do business, a REALTOR® has taken the additional steps to become a member of the local board of REALTORS® and has agreed to act under and adhere to a strict Code of Ethics. This membership obligates them to be fair to all parties involved in a transaction.

It may seem tempting to try to sell or buy your home without using a real estate professional. But by using a REALTOR®, you have the advantage of information and knowledge through what can often be a complicated and confusing procedure.

With so many resources available, a REALTOR® may be able to help you come out with the same amount of dollars or more than you could command by selling your home yourself.

A REALTOR® is a professional who knows all that needs to be done. They have the experience and resources to advertise, find the homes that suit your needs, and make all of the preparations that save you the time and effort of researching it yourself.

When you are selling your home, an agent who knows the local market can help you set a fair market price. You want to get the most for your home, but overpricing it can prolong the time it sits on the market, making it even more difficult to sell.

A REALTOR® can help you show your home to potential buyers to its best advantage. They will advise prospects of all aspects and conditions of your home and can protect you from later objections.

A REALTOR® can also help you with the home-buying process. Buying a home can be financially intimidating, but an agent can help you determine how much home you can afford and show you some financing methods. The goal of home ownership remains one of the most commonly shared ones, and an agent can show you how to make it achievable.

A REALTOR® is familiar with all the local and current real estate values, taxes, costs and services that could affect your purchase. Your REALTOR® can show you the home best suited to your needs, and can also suggest simple changes that could make a home a good choice. It helps to have someone both objective and knowledgeable when looking for a home to buy!

When buying or selling a home, there are a lot of details that can overwhelm you or be forgotten. Using a REALTOR® is the best way to be sure that you have someone on your side to get you the best deal and see that everyone is satisfied.


Saturday, June 20, 2009

Click above to enlarge.
Now is the time to buy! Low rates, Tax Credit and a ton of houses on the market. Call me for further info!
Suzi King

Wednesday, June 17, 2009

First time Home Buyer tax Credit Video

Very informing video about the First time buyer tax credit. If you have any questions please contact me.

NewContractor Law Goes Into Effect on July 1

In 2008, the Pennsylvania Legislature passed the Home Improvement Consumer Protection Act. The Act requires that all contractors who perform home improvements valued at $5,000 or more a year must register wih the Attorney General's office. All contractors who qualify must register before July 1, 2009 or may face penalties for performing work after the deadline.

To learn more or to register your company go to

Wednesday, May 20, 2009

Energy Saving Tips

• Install a programmable thermostat
to keep your house comfortably
warm in the winter and comfortably
cool in the summer.

• Use compact fluorescent light bulbs
with the ENERGY STAR® label.

• Air dry dishes instead of using your
dishwasher’s drying cycle.

• Turn off your computer and monitor
when not in use.

• Plug home electronics, such as TVs
and DVD players, into power strips;
turn the power strips off when the
equipment is not in use (TVs and
DVDs in standby mode still use
several watts of power).

• Lower the thermostat on your
hot water heater to 120°F.

• Take short showers instead of

• Wash only full loads of dishes and

• Drive sensibly. Aggressive driving
(speeding, rapid acceleration and
braking) wastes gasoline.

• Look for the ENERGY STAR label
on home appliances and products.
ENERGY STAR products meet strict
efficiency guidelines set by the
U.S. Department of Energy and the
Environmental Protection Agency.

• Visit for
more energy-saving ideas.

First time home buyer tax Credit

*It is up to $8000 or 10% of the purchase price of the home which ever is less.

*If you haven't owned a home in the past 3 years you may be eligible.

*No repayment for purchases on or after January 1, 2009 and before December 1, 2009.

*If house is sold within 3yrs of purchase the entire amount will need to be recaptured upon sale of the home. (This is to prevent flips)

* Principle residences only. (Must be used as your primary residence)

* It starts to phase out if your income is more than $75,000.

*Sorry to mention if you bought from April 9,2008- January 1, 2009 you are only eligible for the previous $7,500 tax credit and it must be repaid over the 15 years. This could change.

-For more information on if you qualify please consult a tax professional or real estate attorney.

-There has been talk about being able to use the tax credit as downpayment money. It has not been finalized yet and they don't know where the money will be coming from. I will keep you up to date as soon as I find out any more info!

It's a Good Life!

Suzi King

Prudential Fox & Roach
Website: Http://