Monday, February 23, 2009

ARE YOU READY FOR THE $8000 CREDIT

The $8000 tax credit (or 10% tax credit whichever applies) for new home buyers has been approved and will not have to be paid back. As a new home buyer, "There has never been a better time to Buy".


In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers. First-time home buyers (anyone who hasn't owned a home in the last three years) can claim a credit worth up to $8,000 (or 10% of the home's value, whichever is less) on their 2009 taxes for a primary residence purchased January 1st, 2009 and December 1, 2009. Unlike the $7,500 credit from the previous stimulus bill, this is a true tax credit, in that it doesn't have to be repaid, as long as the buyers remain in the home for at least 3 years. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. Use the links below to find out more details about the Home Buyer Tax Credit.

Monday, February 16, 2009

Homes are selling in Atlanta, Cobb, Cherokee County area.

I am a real estate agent with RE/MAX Town & Country and we are getting busy selling homes.
The homes that are selling are mainly foreclosures. Listen up, if you are a first time buyer "please" let us find you a home now. I can remember three to five years ago when we could not find a home with a list price of less than $150,000. Even at the $150,000, those homes were
very distressed properties. To find a home nice average home a first time buyer would have to spend at least $180,000 and above.

Not today! I had a first time buyer out yesterday and we found a great foreclosure priced at $117,900 in an area that was not in a declining market but one in a stable market. Even though this home is a foreclosure, it has new carpet, new paint throughout the interior, was on a great
lot and was close to the East/West Connector between Austell and Powder Springs Rd. What a deal for this home!

Call me today to find you this perfect home. You can reach me at 404-663-1669. My buyer's
of this perfect house above are getting a loan with BBandT Mortgage through Dee Estrada.
Their rate will be under 5% and monthly payments of around $800 a month with taxes and insurance.

I am waiting to hear from you.