holiday home buying tips: Proposed Home Buyer Tax Credit Revisions Move Forward...
- 11/06/09 12:47 AM
First-time home buyers have been eligable for tax credits of up to $8,000 since January 2009, as part of the economic stimulus package enacted earlier this year. And as you may know, the current program is scheduled to expire at the end of November 2009. We're pleased to report the House voted 403-12 Thursday to extend and expand the tax credit to include many buyers who already own homes. The Senate approved the measure Wednesday, and the White House said the current President would sign it Friday. Buyers who have owned their current homes at least five years would be eligible for tax credits … (0 comments)
holiday home buying tips: Breaking news on the Homebuyers Tax Credit...
- 10/29/09 05:46 AM
There is breaking news on the tax credit and the highlight is... there may well be a credit for EXISTING homeowners ($6500). We are tracking the issue as you read this... Under the compromise reached Wednesday, the existing $8,000 credit would be extended for first-time home buyers who sign a contract for a home by the end of April 2010 and close by the end of June. It also creates a $6,500 credit for people who buy a home but have owned a home for at least five consecutive years out of the past eight years. The income limit would be … (1 comments)
holiday home buying tips: Holiday Home Buyer Tips
- 11/22/06 10:14 AM
Although you'll find motivated sellers during the holiday season, don't automatically think theirs is a distress sale and they'll accept anything to get out from under the property. Make sure your agent does their homework before making an offer, considering Sold Comparable's from the last six months and more specifically Average Days on Market (DOM), Average List to Sales Ratio, and Average Sold Price per Sq. Ft. Don't be afraid to ask for seller concessions. Some of the more popular can include: closing cost credits, paying mortgage points, homebuyer warranties and transfer tax rebates. When performing a home inspection in wintry weather, it's … (1 comments)
We’re NC real estate brokers and members of “The” Pinehurst Home Team. For nearly two decades we have served the needs of buyers and sellers of single and multifamily properties and offer a friendly, consultative approach to client’s real estate and relocation endeavors. Whether visiting or considering relocation, we encourage you to visit our websites and contact us for more information about the greater Pinehurst North Carolina area and the unparalleled quality of life the area offers.
First-time home buyers have been eligable for tax credits of up to $8,000 since January 2009, as part of the economic stimulus package enacted earlier this year. And as you may know, the current program is scheduled to expire at the end of November 2009.
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