first time home buyer incentives: First Time Home Buyer Tax Credit Extension - 2010 - 11/05/09 07:57 AM
Atlanta Home Search - Georgia Real Estate
B R E A K I N G   N E W S ! ! !
Moments ago, the House voted 403-12 to expand and extend the Homebuyer Tax Credit (as part of the Unemployment Insurance Bill).  The bill is now on its way to President Obama for his signature... so this is ALMOST a done deal!
The agreement on the extension and expansion of the credit is as follows:
Credit available for purchases before May 1, 2010. Prospective purchasers with binding contracts in place as of April 30, 2010 will be allowed an additional … (0 comments)

first time home buyer incentives: Calling ALL home buyers in Georgia! The Georgia Homebuyer $1800 Tax Credit was approved - 06/01/09 04:09 AM
Atlanta Home Search - First Time Home Buyers in Atlanta GA
Governor Sonny Perdue just signed the new Georgia Home Buyer Tax Credit last week, which offers up to $1,800 in tax credits on your Georgia state income tax.  This credit is open to ALL home buyers and takes effect immediately for the next SIX MONTHS.
Here's how it works...
House Bill 261 (aka HB 261) will give Georgia home buyers a credit of 1.2% of the purchase price of the home or $1,800, whichever is less.  Starting with your 2009 Georgia Tax Reurn, you can claim 1/3 of the credit … (1 comments)

first time home buyer incentives: NAR reports that February home sales are UP UP UP! - 04/06/09 06:44 AM
GREAT NEWS!
Thanks to historically low interest rates, $8000 tax credit for first time home buyers and affordable home prices, the National Association of Realtors repored that sales of existing homes in February were UP 5% nationwide and 6% in the South - compared to February of 2008.
View the FULL ARTICLE
As we venture forward in this buyers market (aka FIRST time home buyers market), I have a very good feeling that homes priced under $350,000 will continue to sell and the existing home sales will continue to rise.
 
If you are a first-time home buyer, get the full … (0 comments)

first time home buyer incentives: Everything you need to know about the 2008 and 2009 First Time Home Buyer Tax Credits - 03/14/09 04:27 AM
First time home buyer - Federal Tax Credit -- $7500 vs $8000
For many potential first time home buyers, the 2008 and 2009 "First-time Homebuyer Tax Credit" has been a bit of a mystery. 
I've had many questions such as -- When do you get your tax credit?  Do you have to pay it back?  What if you sell your house within 2 or 3 years?  What if I'm a first time home buyer but my husband isn't? 
REALTOR.org created a "Cheat Sheet" that covers EVERYTHING and should answer 99% of your questions about the 2008 and 2009 First time home buyer … (2 comments)

 
Kerry Lucasse, Your Urban Nest Atlanta Real Estate Consultant (eXp Realty - Urban Nest Real Estate Group) Rainmaker large

Kerry Lucasse

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