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10 Ways to Turn Off a Homebuyer
What a difference a couple of years makes.
Back in 2007, homebuyers would beg to purchase your house. They would even bid more than the asking price for the privilege to do so.
Today … well, not so much. Once the real estate bubble burst and foreclosures poisoned the housing pool, buyers suddenly regained the upper hand. But instead of buying, they’re waiting, convinced that housing prices will continue to drop.
What’s a smart seller to do in this environment?
It is that time of year again Tax Time. Homeowner’s often have several deduction options for taxes, so be sure and talk to your tax professional!
How to deduct private mortgage insurance from your income taxes
Homeowners are well aware of the many home-related tax breaks they can claim each filing season.
But there also are a lot of added costs that come with purchasing a home. For buyers unable to make a down payment of at least 20 percent of their home’s purchase price, one of those costs is private mortgage insurance, or PMI. A PMI policy is coverage that you, the homebuyer, pay for, but it protects your lender in case you default on the loan.
Now, however, some PMI payers can use those insurance payments as a tax deduction when they file their returns.
Bigger Isn’t Necessarily Better
From young, qualified first-time home buyers to 50-and-olders, moving, up, over or down, a new breed of buyer is descending upon the Silicon Valley Housing market. 
They’ve worked hard to save, they have solid jobs and they are qualified to buy big.
But offer them what they can really afford and they’ll give you the thumbs down.
They are the new financial conservatives.
They’d rather not be house poor.
They can afford much more, but they want less — less square footage, a smaller energy bill, fewer cleaning and maintenance headaches, but most importantly, less to pay out on the monthly mortgage.
They want a simpler, smaller American Dream.
It’s all about the “more” that comes with the “less.”
How to prep a house for the market
Several steps are involved when it comes to selling a home. Some can help move the selling process along, while others can improve the look and property value of a home for sale. A number of websites offer a range of tips on how to sell a home and increase a home’s sales appeal.
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