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Thursday, June 18, 2009

Chronicle of a First Time Home Buyer

In the next several postings, I will write about the process of working with a first time home buyer. Rob and Tina are a young couple who are tried of paying rent and want to take advantage of the first time home buyers $8000 tax credit. Rob is an Air Traffic Controller and Tina is a Pre-school Teacher. They are looking for a 3 bedroom home priced around $200,000. they are planning on using the $8000 first time home buyer tax credit for their down payment on a FHA loan. Since the FHA requires 3.5% down, the down payment for a $200,000 home is $7000. They would also like the sellers to pay the closing cost.

The first thing I did was set up a listing cart that they would have access to on the web. They will receive email updates anytime a new listing that meets their criteria becomes available. Rob and Tina can view the detail and the photos of the listings in their cart. They can also make comments for me to see or rate the listings. From their cart they can print the listings or share them with their friends and family by email. And finally they can delete the listings they are not interested in from the cart. To see their cart click on this link: http://dabmls.com/day/plog.php?a=day&u=runter&p=3746

Visit one of my websites at http://selldaytona.com/ or http://www.venetianbay.org/


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