Qualifying Conditions:
The tax credit is equal to 10% of the purchase price up to a maximum of $6,500. Purchases above $800,000 are not eligible.
Purchase of owner-occupied primary residence between November 7, 2009 and April 30, 2010 -- or one that closes by June 30, 2010, provided a binding sales contract was in force by April 30, 2010.
Any kind of home including single-family, townhouses and condominiums, manufactured homes (also known as mobile homes) and houseboats.
Home owner must have owned and resided in a home for at least 5 consecutive years of the 8 years prior to the purchase date.
Married taxpayers: both the home buyer and his/her spouse must pass the homeownership history test.
The income limit for single taxpayers is $125,000 and $225,000 for married taxpayers filing a joint return.
Other Facts:
New Construction is treated by the tax code as having been “purchased” on the date the owner first occupies the house
Repeat home buyers do not have to purchase a home that is more expensive than their previous home.
The law allows taxpayers to choose to treat qualified home purchases in 2009 as if the purchase occurred on December 31, 2008, or if the purchase occurred in 2010, choose to treat it as if it occurred December 31, 2009. This means that the previous year’s income limits apply.
A benefit of being able to choose which tax year to apply the credit is that a home buyer in 2009 will know their prior year income and whether they qualify.
Qualified homebuyers will use IRS Form 5405 to submit for the credit. However the current form 5405 is for tax year 2008. Someone wanting to apply the credit to their 2009 taxes will still use form 5405 but will need to wait until the IRS publishes the one dated 2009 in the upper left corner.
Taxpayers buying a home who wish to claim it on their prior year tax return, but who have already submitted their tax return to the IRS, may file an amended return claiming the tax credit using IRS Form 1040X.
Sheri Sanders
Prudential C Dan Joyner Co Realtors
Realtor/Broker
864-238-7057
Sheri@TheSandersEdge.com
TheSandersEdge.com
Serving Easley, Liberty, Powdersville, Greenville, Piedmont, Williamston, Pelzer, Pickens, and other surrounding areas of the Upstate of South Carolina
Smithfields Subdivision in Easley, SC currently has 7 homes for sale and 1 under contract (as of 9/07/09), ranging in price from $209,500 to $625,000. According to the Greater Greenville MLS, 4 homes have sold since January 1, 2009.
Smithfields Subdivision has a golf course, pool, tennis courts, and a club house.
The schools are Forest Acres Elementary, Gettys Middle, and Easley High.
Call or email me if you would like more information on this subdivision, or others in the area.
Sheri Sanders
Prudential C Dan Joyner Co Realtors
Sheri@TheSandersEdge.com
www.TheSandersEdge.com
864-238-7057
Words can not describe this 5 bedroom home completely remodeled by Fowler Interiors on 1.13 acres on a pond with over 4,400 square feet, plus anadditional 1,400 unfinished square feet for future expansion or storage. On the main level is the Formal Dining Room, the Sunken 2 story Great Room with agas log fireplace, stunning kitchen, the Master bedroom, and the fabulous Master Bath, plus a 2nd bedroom (currently being used as an office) and anotherfull bath. Upstairs are 3 more bedrooms and bath. Master could be upstairs if needed. On the lower level is the large bonus room, the 3 car oversizedgarage and room to expand. Luxury living at it's finest
There are currently 426 single family homes for sale in Easley, South Carolina. Since January 1, 2009 201 homes have sold, with 79 currently under contract.
Price range of homes currently active:
Less than $100,000 - 47 homes
$100,001 - $200,000 - 169 homes
$200,001 - $300,000 - 111 homes
$300,001 - $400,000 - 55 homes
$400,001 and up - 44 homes
With this many homes for sale it is very improtant to have your home in showing condition and priced right from the beginning. Having your home in top condition before it is put on the market will bring you a higher and quicker offer. Fresh paint is one of the cheapest ways to help get your home in showing condition. Anlther is to declutter your home. Having a professional come in to help is very improtant. Curb appeal is important to get buyers inside your home.
There are 4 factors to selling a home, Price, Condition, Realtor, and Location. A Seller controls 3 of these factors. You can't change the location of your home, but you can have your home showing in the best light possible.
LOCATION, LOCATION, LOCATION! Beautiful Cape Cod on a large lot located in the popular Powdersville area. The main floor features a large GreatRoom with a gas-log fireplace and bay window, Formal Dining Room, Kitchen with lots of cabinets and pantry, Breakfast Room, Master bedroom with a fullbath and 2 closets. Upstairs find 2 large bedrooms and a full bath. The bonus room over the garage is perfect for a home office, Recreation Room, or aprivate retreat as it has it's own separate entrance. Great location close to schools and shopping. New frieze carpet throughout the home!
Words can not describe this 5 bedroom home completely remodeled by Fowler Interiors on 1.13 acres on a pond with over 4,400 square feet, plus anadditional 1,400 unfinished square feet for future expansion or storage. On the main level is the Formal Dining Room, the Sunken 2 story Great Room with agas log fireplace, stunning kitchen, the Master bedroom, and the fabulous Master Bath, plus a 2nd bedroom (currently being used as an office) and anotherfull bath. Upstairs are 3 more bedrooms and bath. Master could be upstairs if needed. On the lower level is the large bonus room, the 3 car oversizedgarage and room to expand. Luxury living at it's finest
Remarkable home in new prestigious gated community in Powdersville. With appx. 5,400 square feet, this home has it all! On the main level you'll find theMaster bedroom and luxury Master Bath, Formal Dining, Great Room w/ fireplace, Kitchen, Breakfast, Keeping Room w/fireplace and large laundry with built-in shelving and sink. Upstairs are 3 bedrooms, an office w/closet, and 2 baths. The lower level is a living area in itself! It has a Great Room w/fireplace, fullkitchen, bedroom, media room, billiard room, and wine cellar. Call for details on the owner financing!
Seller says to sell and has reduced price $40,000 from previous price to give some lucky buyer the bargain that they are looking for! All brick custom built home in one of the most popular subdivisions in Easley. Gleaming hardwood floors in Living areas and Master bedroom. Granite countertops, warming oven, top of the line appliances in Kitchen. Open floor plan with one level living except for the 4th bedroom (with it's on bath!) You must see this awesome private backyard retreat with gunite pool, pool house, and covered patio. Plantation shutters on every window. There is an unbelievable amount of storage space. Office could be 5th Bedroom (has a closet). In ground sprinkler system, sodded yard (whole yard), and beautiful landscape lighting. Surround sound in Great Room with outdoor speakers. Baths and Laundry Room have ceramic floors. Call today to schedule your private viewing before it's too late.
In the Upstate of South Carolina, there is an unprecedented event. It is a 30 day sale of new construction homes. These prices and terms are only available from April 1st to April 31st. You can visit the website at www.The30DaySale.com There are new construction homes in Anderson, Greenville, Oconee, Greenwood, Spartanburg, and Pickens County.
If you would like to view any of these homes (or if you would like more information), please contact me for your private showing.
According to the Greater Greenville Association of Realtors (GGAR) multiple listing service (MLS) there are currently 227 single family homes for sale in the Powdersville area. The Powdersville area in in Anderson County, South Carolina and is in the Anderson District 1 schools (Wren School District). From January 1, 2009 to January 31, 2009, 7 homes sold There are currently 18 homes under contract.
For Sellers this means that it is very important to have your home in showing condition and priced competitively.
For Buyers, this can be a great time to purchase as there is a good inventory of homes to choose from.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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