Tax Credit Extension for Military Personnel , Fort Benning - 02/08/11 07:40 PM
 
Members of the military who serve outside the U.S. for at least 90 days between December 31, 2008 and May 1, 2010 have a full extra year to buy a home and still qualify for the $8000, first-time home-buyer tax credit or the $6500 credit for home owners who have owned their primary residence for at least 5 years.
Instead of having to enter into a contract to purchase a home by April 30, 2010 and close on the transaction by June 30, 2010, which is the guideline for those non-military home-buyers, service members have until April 30, 2011 … (0 comments)

What is Appraised Value? - 02/08/11 07:35 PM
  
What is Appraised Value? 
  
•·        Appraisals provide an objective opinion of value, but it's not an exact science so appraisals may differ.
 
•·        For buying and selling purposes, appraisals are usually based on market value - what the property could probably be sold for. Other types of value include insurance value, replacement value, and assessed value for property tax purposes.
 
•·        Appraised value is not a constant number. Changes in market conditions can dramatically alter appraised value.
 
•·        Appraised value doesn't take into account special considerations, like the need to sell rapidly.
 
•·        Lenders … (1 comments)

Tax Benefits of Homeownership - 02/08/11 07:24 PM
    
Tax Benefits of HomeownershipThe tax deductions you're eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here's how it works.
Assume:
$9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) $2,700 = Property taxes (at 1.5 percent on $180,000 assessed value)______$12,577 = Total deduction
Then, multiply your total deduction by your tax rate.
For example, at a 28 percent tax rate: 12,577 x 0.28 = $3,521.56
$3,521.56 = Amount you have lowered your federal income tax (at 28 percent tax rate) Note: Mortgage … (0 comments)

5 Things to do Before Putting Your Home on the Market - 02/08/11 03:20 PM
Thinking of Selling?
  
5 Things to do Before Putting Your Home on the Market
  
1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you'll be able to make repairs before open houses begin.
 
2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in … (0 comments)

 
Terri Griffis Realtor GA & AL, Columbus, Fort Benning, Lake Harding, Phenix City (Keller Williams Realty River Cities) Rainmaker_large

Terri Griffis Realtor GA & AL, Columbus, Fort Benning, Lake Harding, Phenix City

Columbus, GA

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Keller Williams Realty River Cities

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WELCOME TO MY BLOG Let me know how I can help in your effort to purchase or sell your home. First time home buyer? You've come to the right place. There is no better feeling than to assist you with process and hand you the keys to your new home. Please feel free to contact me if you live in the Columbus, Ga., Ft. Benning, Harris County, Lake Harding and Phenix City, Al area and would like me to write about your business or organization. Harris County, Ga homes for sale, Ft. Benning military relocation, Columbus real estate, Ft. Mitchell homes, Lake Harding real estate, Lake homes GA and Al,

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