Thursday, August 30, 2007

Builders & Sellers Are Offering Incentives!

Creativity and huge incentives have come with our current buyers market. Locally, Ryan Homes is offering huge incentives and Riverbend is offering an 8% credit.

In certain areas, particularly Lake Monticello, many homes are priced under tax assessment.

Even in Albemarle County I recently saw a 3,000 square foot home in a popular neighborhood at $2,000 above assessment, which shows either a motivated seller or possibly the home had issues, such as pets (which of course could be corrected).

I saw another home recently, in western Albemarle County, just listed at $37,400 below the assessed value!

Click the link below to read more in this article, "Anxious Home Builders Pile On the Incentives" from The Wall Street Journal Online:

Buying a home is the largest investment you'll make in your life, so make a wise decision, and have a realtor assist with the research and offer.

I'm available 24 hours/7 days for all your real estate needs.


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