Greetings!
Welcome to our monthly newsletter. I think you will find this issue very informative with information that a lot of our clients seem to be looking for. The new tax credit has a lot of people confused and hopefully this month's articles will help clarify it! Please feel free to email me (dplourde@cbplourde.com) if you have suggestions or articles that you would like to see included in future issues. Let's all hope the sun comes it soon! Thank you for taking your time out of your busy schedule to read this and next month we should have some very exciting news from the Maine State Housing Authority!
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$8000 Towards Home Ownership
 Let us help you answer the questions you have regarding the new $8000 tax credit.
- Do I qualify?
- Is the house I've found eligible?
- How much money can I receive?
- Do I have to pay the money back?
You may also join us for our first time home buyer seminar.
Date: Thursday June 18th, 5pm-7pm
Location: 143 Silver Street, Waterville
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Short Sale Tips For Sellers
If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your lender takes title of your home through a lengthy legal process and then sells it.
- Consider loan modification
- Hire a qualified real estate agent
- Gather short sale documents
- Prepare buyers for a lengthy waiting period
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