Selling Mountain Home, AR

I'm Still Here!

2011-09-06T19:16:00.000-07:00

I've let this Blog fall by the wayside for now but I'm still very active on the web and in Real Estate. You can find me here:
Wade Mitchell
Heritage Realty
870-656-4212
www.SellingMountainHome.com
Twitter: http://twitter.com/#!/wademitchell
Facebook: http://www.facebook.com/pages/Wade-Mitchell-REALTOR/11326726914
YouTube: http://www.youtube.com/user/RealtorWadeMitchell

Ouachita Avenue

2010-09-30T13:08:00.000-07:00

Misty River

2010-09-09T07:37:00.001-07:00

Roller Court - PRICE REDUCED TO $84,900!

2010-09-09T07:37:00.000-07:00

County Road 25

2010-09-09T07:36:00.000-07:00

Whispering Pines

2010-03-09T20:01:00.000-08:00

Windancer Circle Mountain Home, AR $36,900

2009-12-01T17:53:00.000-08:00

SOLD

2009-12-01T08:48:00.000-08:00

How's The Market?

2009-07-25T15:12:00.000-07:00

This is a question I get a lot around town, and I'm happy to answer that it is much much better!

Just a quick post to add a recent update. I removed the SOLD homes that were past posts and it has made this blog very sparse. Besides, I proudly admit that I am more focused on being a Realtor than a Blogger and my full-time job has been keeping me very busy.

For more frequent updates you can follow me on Twitter http://twitter.com/wademitchell and visit my website www.SellingMountainHome.com. Better yet, please call me anytime with any questions or to schedule a tour.

Wade Mitchell
Heritage Realty
Cell: 870-656-4212

First-Time Home Buyer $8000 Tax Credit

2009-03-13T13:34:00.000-07:00

Love it or hate it, the $800 billion stimulus bill that was signed into law this month gives a big boost to first-time home buyers. Here are some of the details of the $8,000 tax credit.
The credit is for 10% of the purchase price of the home up to $8,000.
Only first-time home buyers and principal residences will qualify.
This credit does not have to be repaid.
As it applies to this tax credit, a first-time home buyer is defined as someone who has not owned a principal residence for three years.
To be eligible for this credit you must purchase a home on or after January 1 and before December 1, 2009.
Single buyers need $75,000 gross income or less to qualify and married couples can make up to $150,000 for the full credit. If you make more than this you may still be able to get a smaller credit.
If you sell your home before three years you will have to return the credit to the government.
With this tax credit, low home prices, low interest rates, and a good inventory of homes on the market, now is the perfect time for first-time home buyers to get that house they have been waiting for.

SOLD

2008-06-18T10:59:00.001-07:00

SOLD

2008-05-15T12:32:00.001-07:00

First-Time Home Buyers

2008-05-13T22:08:00.000-07:00

I often wonder why people rent for years before attempting to purchase their first house. I know there are many factors in deciding to buy a home (commitment to the area, personal finances, not wanting the resonsibility of home maintenance) and that home ownership may not be for everyone, but if you want a home you may be suprised at how close within reach that goal is.

My wife and I moved back to Mtn. Home in 2000 with the idea to start a family, and an affordable home was a major goal. As a first-time home buyer I was a little overwhelmed and very intimidated with the whole process. I figured my first step would be to talk with a REALTOR but I was unsure if this would cost me (It didn't of course, most agents in the area receive their commissions from the Seller and are able to be a Buyer's Agent free of charge). My next concern was if a real estate agent would even want to meet with me as I planned on purchasing a rather modest home (Most agents are thrilled to meet with a committed Buyer of anyprice range). The agent I met with was very friendly and helpful and after finding out my search criteria he told me the next step was to get pre-qualified with a lender to find out how much home I could afford. Luckly for us there are a lot of competitive Banks in town and after visiting with a few I was able to find one that gave me a great interest rate and price range to shop in. The rest of the hunt went very smooth and was a lot of fun. We looked at many listing online and toured about ten homes with our REALTOR before finding the perfect house for our needs. The Loan Officer, REALTOR, and Title Company took care of all the paper work, contracts, red tape and in the end we had our first home - the envy of all our renting friends.

Our house has been a great investment for us, greatly appreciating in value over the last eight years, and a place to take pride in and call home. There is a great opportunity to buy a home now with many great values in the area and low interest rates. If you would like to purchase a home in the Mtn. Home area please contact me at wademitchell@gmail.com and visit my website http://www.sellingmountainhome.com/ where you can search all of the MLS listings.