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Concord NC First Time Homebuyers & The $8,000 Tax Credit

Reblogger
Real Estate Agent with NorthGroup Real Estate/www.TonyORealtor.com 218572

 

Attention! first time homebuyers...

the home buying process is hard enough, so we Realtors have to make it easier for you to learn and understand the process.

The following is a post by JoAnna Siminerio to buyers in her area. The info applies to all areas in these great United States.

So, first time homebuyers, after reading this info, please stop by my site 

www.TonyOreficeRealEstate.com  for more Real Estate info and go to

Concord/Charlotte NC homefinder  to find your perfect home.

 

 

Original content by Gail Szeluga & JoAnna Siminerio

Here is a summary of the new First Time Homebuyer Tax Credit.  Thanks to Ann Arbor's own Missy Caulk for use of the fabulous chart!

The new bill increases the size of the existing temporary (and refundable) first-time home buyer credit to $8,000, up from $7,500. It will not be applicable for nonfirst time homebuyers, but it also removes the requirement under current law that the credit be paid back if the buyer stays in the home for at least three years. And it extends the credit's expiration date to Dec. 1, 2009, from July 1. Those eligible for this credit must have purchased a home after Jan. 1, 2009, and before Dec. 1, 2009.

First time homebuyers, search the Monmouth County MLS for your next home today!

 

first time homebuyer tax credit

Jo

JoAnna Siminerio
Weichert Realtors - Marlboro / Manalapan
JoSiminerio@optonline.net
www.JoTheRealtor.com

 

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Comments (6)

Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

as i have mentioned to everyone getting this info out there - THANKS! 

Feb 20, 2009 04:55 AM
Steven L. Smith
King of the House Home Inspection, Inc. - Bellingham, WA
Bellingham WA Home Inspector

Tony.

Good re-blog. I hope that kind of incentive will get the market moving. Around here it is not bad but I know there sure are problems in some areas.

Feb 20, 2009 10:25 AM
Steven L. Smith
King of the House Home Inspection, Inc. - Bellingham, WA
Bellingham WA Home Inspector

Mr Tony,

Last year, with my tax rebate, I bought a snappy outfit. I would be willing to go out on calls with you, if you think it would be beneficial.

Nutsy

Feb 21, 2009 03:08 AM
Tony Orefice
NorthGroup Real Estate/www.TonyORealtor.com - Concord, NC
Realtor- Cabarrus County, NC

Leesa- you are very welcome!!!

Steve- Let's hope this is the stimulus we need! The Charlotte area was in such a big bubble of up sales in RE for such a long time. This market recession has really hurt us more so because of that.

Nutsy- I have to say, you are somewhat taller than I expected.  : )

Feb 21, 2009 09:36 PM
Tamara Perlman
Referral Network Inc. - Truckee, CA

Hi Tony--

Good re-post of info new buyers need to have.  We are seeing buyers who thought they were priced out of the market finally jump in.  Hope the same happens for you!

Feb 23, 2009 01:57 AM
Tony Orefice
NorthGroup Real Estate/www.TonyORealtor.com - Concord, NC
Realtor- Cabarrus County, NC

Tamara- Thank you. I hope so too!

Feb 23, 2009 08:06 AM