HomeGain Advisors Group â€“ January 2010 Conference Call
The HomeGain Advisors met for their quarterly meeting last week on Thursday, January 21st. The Advisors represent top real estate agents across the country who provide insight into HomeGain products and services, market trends and Realtor behavior.
We had several interesting discussions with our Advisors board last week that are worth sharing with our Blog readers — about home buyer tax credit, appraisals, forced registrations.
Home Buyer Tax Credit
Firstly, HomeGain Advisors in all regions of the country expressed hesitation in terms of how effective the first time buyer tax incentive is currently. In previous calls, many mentioned that most of their business was coming from buyers who mentioned that their motivation to purchase was based on the tax incentive.
In a call prior to the positive comments, they had expressed doubt about how effective the tax incentive was going to be. Clearly, there has been some change. They are attributing the current lack of impetus to the fact that many consumers are still not aware of the incentives and they were doubtful that the April 30 deadline would be extended.
A couple of Advisors spoke about the difficulties they had closing deals due to problems with appraisals. Continue reading this post