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More Frequently Ask Questions About First-Time-HomeBuyer Tax Credit - 03/16/09 09:42 PM
Is There an Income restriction ? Yes. The Income restriction is based on the tax filing status the purchaser claims when filing his/her income tax return. Individuals filing Form 1040 as Single ( or Head of Household ) are eligible for the credit if thier income is no more than $75,000. Married couples who file a joint return may have income of no more than $150,000. Do I have to repay the 2009 tax credit ? There is no repayment for 2009 tax credit. How do I apply for the credit ? There is no pre-purchase authorization, application or similar approval (0 comments)
Tax Credits -- Basics - 03/16/09 08:31 PM
1. What's this new homebuyer tax Incentive for 2009 The 2008 $7500, repayable credit is increased to $8000 and the re payment feature is eliminated for 2009 purchasers. Any home that is purchased for $80,000 or more qualifies for the full $8000 amount. It is available for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009. 2. Who is eligible ? Only first - time homebuyers are eligible. A person is considered a first-time buyer if he/she has not had any ownership interest in a home in the three years previous to the (0 comments)
A real estate agent is a REALTOR® when he or she becomes a member of the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate®, the world's largest professional association. The term "REALTOR®" is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and abides by its strict Code of Ethics. Founded in 1908, NAR has grown from its original nucleus of 120 members to more than 1 million today. NAR is composed of REALTORS® who are involved in residential and commercial real estate as brokers, salespeople, property (0 comments)
Price Reduce To $209,900 Beautiful Lake Home Portage County - 03/11/09 10:17 PM
Lake Onland Year-Round Home. Very private lot built on a hill with incredible view! Wrap-around deck, huge family room with walk-out basement, patio, and wet bar. 3 very spacious bedrooms with all furniture and appliances included.
First Time Homebuyer Test - 03/11/09 10:06 PM
1. So what happens if the purchaser is eligible for and $8000 credit but their entire income tax liability for is only $3000 ? The IRS keeps the remaing balance . Answer FALSE The IRS would send the purchaser a check for $5000 ( That's a deal ) 2. Do 2008 still have to pay their tax credit ? No the goverment just forgives the loan. Answer FALSE Yes It's sucks to be them , credit in 2008 was more like an interest - free loan has to be paid back ! SORRY 3. The credit is available (0 comments)
High End Homes Starting To Sell - 03/11/09 09:33 PM
Hello Everybody : For all you home owners that have homes $300,000 and up. That market has finally taken off. I know In are office there where a good numbers of accepted contracts. Also I was trying to find a high end home for lease In the Riverview area and discover another groups of homes where under contract for closing. Spring must be In the air ! (0 comments)
Lot For New Home Wausau - 03/08/09 07:23 PM
Beautiful wood lot on a hill for your new construction. City water & sewer has been installed. Priced to sell fast! $39,900 315 N 36th Ave Wausau RE/MAX of Wausau Agent Tim Hagedorn www.thagedornrealtor.com (0 comments)
All APRs based on $100,000 loan subject to credit approval and 20% down. (0 comments)
Pre-Qualification / Pre-Approval What's The Difference - 03/04/09 02:14 PM
Pre-qualification is when the loan officer takes the basic asset, income and debt informationn and determines how much of a loan the borrower qualifies for. Often this can be a simple calculation on your financial calculator. The originator may or may not pull credit for this. However, any professional would. Even if credit is pulled, at this stage there is no commitment form the lender and the "answer" is really tentative. It's almost like sitting next to someone on a plane and after a very brief conversation determining that they might be able to buy the $500,000 home if everything about (0 comments)
Think of this as your very own infomercial, although I don't know if my voice actually sounds as good as Billy Mays... It's now OFFICIAL (drum roll please) - ahem, ahem - FIRST TIME BUYERS, YOUR $8000 TAX CREDIT IS NOW HERE AND READY FOR YOU TO TAKE ADVANTAGE OF!!! Check it out HERE for all of the info!!! (0 comments)
Still A Buyers Market ! - 03/04/09 10:03 AM
Hello Everybody : There is going to be a lot of people kicking there self for not taking advantage of this market for home buyers. There is lot of deals out there , Interest rate at all time low, first time buyer tax credit of $8000. It's great time for home owner to move up to bigger and better home and probably stay at the same payment. Houses in Wausau have come down what the house are really worth , not the bloated prices from the last few years of going up and up because of demand. If you wait till 2010 to (0 comments)
"I'm bored" in Wausau are two words you'll never hear (or think) again. There's so much fun things to do nearby Wausau - all you need is one place to scope out all your options. Whether your ideas of fun are dinner and a movie or helping rebuild a neighborhood, start here to find your next adventure with our Wausau Things to do guide! Wausau City Guide to Entertainment, Arts and More: Restaurants & Dining in Wausau Event Tickets for Wausau Hotels in Wausau Movie Times/ TV Listings Local Food / Farmers' Markets in Wausau area Volunteering in Wausau Arts (0 comments)
Community Profile For Wausau - 03/03/09 10:13 PM
One of Wausau's strengths is its diverse economic base, including manufacturing, construction, retailing, banking, insurance and health, legal, accounting, engineering and other professional services. This stability is in part due to our central location and longstanding tradition of being northcentral Wisconsin's economic hub. Over the past twenty years, population, labor force and number of jobs have grown. Forecasts of additional growth show what the future holds for continued economic stability. If you looking to move to the Wausau area I would love to earn your business. RE/MAX of Wausau Agent Tim Hagedorn More Details at www.thagedornrealtor.com (0 comments)
Buying A Home ? - 03/03/09 10:02 PM
Purchasing a home is one of the biggest investment decisions of your life, and you want to be sure you're prepared to make it. That's why it takes a special kind of Real Estate Professional to help you. I know that your home is not just an investment-it's your imagination coming to life. With professionalism and loyalty, I will do everything possible to make your dreams come true. RE/MAX of Wausau Agent Tim Hagedorn More Details at www.thagedornrealtor.com (0 comments)
Selling A Home In The Wausau Area - 03/03/09 09:59 PM
SELLING A HOME I Will Sell Your Home Faster And For More Money ! You need a smart, savvy person to sell that home quickly, and for top dollar. The market moves fast. I move faster. My plan is comprised of many different experts who work with me to create the most innovative and effective marketing program to sell your home. I'm not exaggerating when I say that hurderds of people will see your listing online. RE/MAX of Wausau Agent Tim Hagedorn More Details At www.thagedornrealtor.com (0 comments)
Must See Home and Outbuilding For Your Business W/ appartment $439,900 - 03/03/09 09:05 PM
Beautiful 40 acres of rolling hills, trout stream, hardwoods & wildlife! Plus, a Gorgeous Home w/a unique floor plan has a lg open concept adjoining living rm, kitchen & dining area w/access to the root/wine cellar. Enjoy the fabulous view of nature from the windows from every room. Main floor master has a beautiful patio overlooking the hot tub & stream, full tile walk-in shower & cedar sauna. Loft master has hardwood floor, cedar lined walk-in closet, full bath & walk-out to patio. For your hobbies or business, property offers a 4500+ sq ft Commercial Bldg w/powered overhead door, wood heat (0 comments)
Six Things You Need To Know About New Tax Credit - 03/03/09 08:55 PM
1. Eight grand, new buyers: The tax credit included in the economic stimulus legislation is much narrower than the $15,000 proposal. This credit is equivalent to 10 percent of the purchase price of the home--although it's capped at $8,000--and applies only to first-time home buyers and principal residences. But unlike an earlier $7,500 home buyer tax credit, this one does not have to be repaid.
2. First time buyers defined: For the purpose of this legislation, a "first-time home buyer" is someone who hasn't owned a principal residence for three years before buying a house. (The date of purchase is (0 comments)
Condo Price To Sell fast $119,900 3122 Westhill Dr Wausau WI - 03/03/09 08:47 PM
Move-in Condition! First floor 2 bedroom, 2 bath Condo with no steps, full basement with family room, large private deck with view you must see, and a private yard. Upgraded kitchen cabinets, attached garage for easy grocery handling and two parking spaces assigned. You have no outside responsibility - no yard work, snow removal, or roof repairs. Small pet allowed. One year warranty included with purchase. RE/MAX of Wausau Agent Tim Hagedorn More Details at www.thagedornrealtor.com
Open House March 14th 10AM - 11AM 2044 Pine Rd Mosinee WI - 03/03/09 08:10 PM
Large 3/4 acre lot! Spacious 4 bedroom Bi-Level house with 5th room for office or just add closet for 5th bedroom. Kitchen has Oak cabinets and design is open concept. This property is a short sale - all offers are subject to bank approval! Price to sell fast $124,900 RE/MAX of Wausau Agent Tim Hagedorn More Details at www.thagedornrealtor.com
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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.