I’m use to working at the office. Although today and tomorrow, home is where the heart is.
My heart tells me this will be ending soon. Then let’s all hit the ground running.
My mortgage brokers tell me and I quote;
The nation’s fourth-largest mortgage lender is tightening standards for most new home loans amidst the murky economic outlook. J.P. Morgan Chase announced that starting April 14, most new mortgage loans will require a credit score of 700 and a down payment of 20%. Chase said the new standards do not apply to their existing mortgage customers or low and moderate-income borrowers who qualify for their 3% down payment “DreaMaker” product.
If your happy in your home, stay there. Should you have questions in regards to your home mortgage don’t let fear take over contract your lender or mortgage professional for help. Move forward!
Feel free to tweet or facebook this article. I’m always here to help.
The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of COVID-19. 1031 Like-kind exchanges. If an investor has taken the first step of a like-kind exchange by selling the old property, and either the 45-day or the 180-day deadline falls between April 1 and July 15, the deadline has been extended to July 15. Opportunity Zones. If an investor who sold a capital asset planned to roll over the gain into an Opportunity Fund and the 180-day deadline to do so falls between April 1 and July 15, 2020, he or she can make the investment as late as July 15. Also, sole proprietors who pay quarterly estimated taxes now have until July 15 to file their second quarter payment. As a result of an earlier IRS notice, first quarter estimated tax payments had already been extended to July 15. This means that any individual or corporation that has a quarterly estimated tax payment due on or after April 1, 2020, and before July 15, 2020, can wait until July 15 to make that payment, without penalty. NAR has advocated heavily for these extensions since the outbreak of the COVID-19 pandemic. We’ll have a full analysis of this announcement Friday on our dedicated coronavirus page.
This post sent from NAR, National Association OF Realtors. Hopefully this will answer someones questions.
I always love to post an image.
Take care and keep moving forward!
As always feel free to contact me. I love hearing from you!
I’m not saying anything about the c.v. I won’t give even the initials a capital. We’ve all heard enough.
Instead, I’d like to say Hello to all of the people at home working. I know it’s tough while I’m blessed to work from home it’s a big change. My husband the retired Air Force Veteran grew up cleaning and polishing. His mom “God bless her” was a Strong Polish lady with strict habits. This week while trying to work at my R.E. business. We moved furniture and cleaned rugs. He had cleaned windows and curtains last week. While I love the cleanliness I’m Happy I missed that choir.
As for me I’ve managed to sell a home just before we were grounded and rented a couple store’s.
By the way the buyer is getting 3.5% interest. People that are working in the R.E. field are working remotely. Stay safe and Believe!
Fell free to contact me with questions. PaulaZ@WatsonRealtyCorp.com
For those of you that live on the Treasure Coast, we know it’s all about the opportunity. We have a beautiful ocean only minutes away. We also have our parks, restaurants, shopping, schools and a wealth of beautiful weather.
Visit me at Watson Realty Corp, Vero Beach for all of your Real Estate needs.
Would you pull your own teeth??? Or how about sending a family member to the do it yourself dental office? I think not. That’s what you’re doing when you try to sell or buy a home on your own. Unless you’re in the profession of Real Estate. Marketing, showing, writing a contract, collecting Ernest Money and just talking to strangers that are looking for a bargain.
It’s not possible to do what I do at your skill level without the proper training it takes to understand all the nuances of the industry. I work in an age-old industry that has weathered ups and downs. The REALTOR® brand has been around for more than 100 years. The strategy is paramount in Real Estate sales.
Let’s make this a place to call home. AHHHHH!
Feel free to ask questions. I’m here for you’re Real Estate needs.