Learn 9 Secrets to make your Home Purchase easier (including the $8,000 Tax Credit)
Where: Elmwood Community Center, 1106 New Britain Avenue, WH
When: August 5th, Wednesday, from 7:00 pm to 8:00 pm
Cost: FREE
For more information, contact your home ownership professionals below. Limited seating, courtesy RSVP requested (882-0414). Attendees who pre-register will receive coupons to save $500 towards the purchase of their next property!
What You Will Learn: · What is the home buying process? Will I qualify for the first time home … (0 comments)
first time buyers: Could Connecticut become the 11th state to loan $8,000 at the closing table in 2009?
- 05/10/09 11:18 PM
Most real estate agents across the country have seen a positive impact from the new Federal Government program to grant an $8,000 tax credit to first-time buyers. This money does not have to be repaid if you own your home for at least three years. It is payable to the homeowner, even if they do not owe $8,000 in taxes (like a rebate check) and can be filed with either your 2008 or 2009 tax return. To be eligible, you must satisfy income requirements and close on your home on or before December 1, 2009. This is by far the best … (0 comments)
first time buyers: Buyer tip: How to save on real estate taxes when choosing your home
- 03/01/09 10:45 PM
To the average homebuyer in central Connecticut, local real estate taxes are an important variable. The higher the taxes, the less monthly remains in the budget to pay the mortgage. The mill rate (or cost per thousand dollars of assessed home value) is set by each individual town and is recalculated each year. For instance, the current West Hartford mill rate is 36.97. As an example, 572 South Main Street http://brentbellcrs.point2agent.com/Listing/VirtualTour.ashx?ListingID=2104829 has an assessed value (after applying the tax phase-in) of $132,979. This yields an annual tax of $4,916.23. To double check the taxes in West Hartford for a property you like, … (0 comments)
first time buyers: I want to buy at the bottom of the market!!!
- 02/06/08 03:00 AM
Oh to have a crystal ball! The challenge with trying to buy at the bottom of any market (real estate, stock or any other commodity) it that we only know it hit bottom when the market is on its way to recovery. So the real question for a buyer is: Do I want to buy when the market is declining or recovering? A declining market has too many sellers for the number of buyers. Sellers are more flexible on price and terms (since they are not sure where the market bottom will be), interest rates are often more favorable, and the buyer … (0 comments)
You are invited to our Home Buyer's Seminar;)
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