Tammy Lehman's (tammylehman) Blog

For those of you that have started to receive their 2010 property tax assessments. This may help you fight your tax assessment. Despite what we all have seen in the local market for the last several years assessments continued to increase, despite frustration and yearly visits to the board of rev...

For those of you that qualified for the First Time Home Buyer tax credit.  You may be angered to learn that the IRS is reporting long delays and still no ability to e file for your return.  What does this mean to the consumer counting on the money to reimburse for closing costs and repairs?  It m...

Finally some good news in the Ann Arbor housing market.  Local housing activity took a favorable turn upwards. December residential sales are up over last year according to statistics released by the Ann Arbor Area Board of Realtors®. The 6% increase in single family residential sales and 63% inc...

Currently there are 121 active residential listings available in the Chelsea School System and 21 pending residential homes.  There are 11 active condos and 1 pending condo respectively. The first time home buyer tax credit continues to improve the market.  Spring will continue to show improvemen...

FHA and Rural Development Loans in the last 2 years have been the staple in my market.  Over 60% of home buyers closed in 2009 were one of these loans.  Why?  Because these loans options continue to provide 1st time home buyers the ability to buy a home with as little as 0% down.  FHA LOANS Just ...

While some may think it's crazy to tackle the huge task of home buying during the holiday season.  The holidays are actually a great time to find real estate deals in today's real estate market. Interest rates are at an all-time low but have been on the rise over the last 3 weeks.  Rates are not ...

Time to get off the fence and buy.  Rates are going up and with the extension of the first time home buyer tax credit through April 30, 2010 it will never be a better time.  Not to mention that winter time is the best time to pick up a deal.  Especially on a home that is sitting vacant.  Sellers ...

Existing-Home Sales Rise 7.4% DECEMBER 22, 2009, 10:06 A.M. ETBy JEFF BATER, LUCA DI LEO and MEENA THIRUVENGADAMhttp://online.wsj.com/article/SB126148828270801485.html?mod=djemalertNEWSWASHINGTON -- Sales of previously owned homes rose in November more than expected as low prices and tax reliefh...

Congress has extended and expanded the homebuyer tax credit to include home buyers who have lived in their existing principal residence consecutively for 5 of the last 8 years. Highlights First Time Home Buyers can still receive an $8,000 ($4000 married filing seperate) tax credit for homes purch...