buying a home: First Time Home Buyer Tax Credit Extension - 11/11/09 05:58 AM

Good news potential home buyers!! The first time home buyer tax credit has been extended into 2010 and now there's even a tax credit for those current home owners looking to purchase a home as well!
First Time Home Buyer Extended Tax Credit Basics:
The $8,000 tax credit has been extended until April 30, 2010. As long as you have a written, binding contract in force by that date you have until July 1, 2010 to close.  
You will not have to repay this credit as long as you live in the home as your primary residence for three … (5 comments)

buying a home: What Do I Need to Know About Getting Pre-Qualified for a Home Loan? - 07/23/09 05:12 AM
I work with a lot of first-time home buyers, you may be one of them, and I'm asked all the time what is involved with getting pre-qualified for a home loan. To be honest I didn't have all the answers, so I interviewed the loan officer that I trust the most, Kurt Owen from BB&T's Covington, Georgia branch. Here's what he has to say on this topic:

1. What documents do people need to get pre-qualified? For a preq-ualification, it is helpful to have your most recent paystub, bank statements, W-2, and tax returns available.  Though no documents are actually … (7 comments)

buying a home: Additional $1,800 Tax Credit for Georgia Buyers - 06/05/09 04:06 AM
Georgia buyers can now receive an $1,800 tax credit in addition to the $8,000 federal tax credit. Governor, Sonny Perdue, signed House Bill 261 on May 11, 2009.

The $1,800 tax credit is only available for six months; you must close on a home between June 1 and November 30, 2009 to receive this credit. Here are the other important details:
AMOUNT: the credit is equal to either 1.2% of the purchase price or $1,800, whichever is lesser WHO QUALIFIES: this credit is for ANYONE purchasing a home between the deadline--NOT just first-time home buyers! HOW DO YOU RECEIVE IT?: … (6 comments)

buying a home: Who Else Wants an Awesome Home Inspector? - 05/19/09 01:43 PM
Having a great home inspector is a key part of purchasing a home--someone who doesn't know what they are doing could overlook a major problem with the home that may lead to some very costly fixes down the road. You definitely want someone with a lot of experience and an attention to detail.

Today I went out on a limb and tried a different inspector than I normally use; however, not without doing my homework first though! About a month ago I received an e-mail from Mark Watkins, a home inspector in my area looking for more agents to work … (7 comments)

buying a home: "If You Play With Snakes, You're Gonna Get Bit" - 04/27/09 08:28 AM

On Thursday night, over 6,000 churches hosted Dave Ramsey's Town Hall for Hope live simulcast and over 1 million Americans heard what he had to say. Not familiar with Dave? He's a financial expert and a Christian, which I love because what he teaches about your finances are biblically based.
He said a lot of great things last week and he really conveyed that the economy is not as bad as what the media is trying to portray. One of the best quotes of the night was: "Credit cards are snakes. If you play with snakes, you're going to get … (17 comments)

buying a home: $7,500 Tax Credit for First-Time Homebuyers - 09/26/08 04:25 AM

 First-time home buyers are now eligible to receive a tax credit of up to $7,500 when buying a home sometime within April 9, 2008 and June 30, 2009. Here are the specifics:    
First-time Home Buyer is: A buyer who has not owned a principal residence in the prior 3 years of purchase. For married couples, this rule applies to both the buyer and their spouse. It is okay if you already own rental property or a vacation home, as long as it is not your primary residence.  
Types of Homes that Qualify: As long as the home … (1 comments)

buying a home: Harbins Park Set to Open in 2009! - 09/18/08 09:03 AM
The new Harbins Park is set to open Phase I in Spring of 2009. It is located at the intersection of Luke Edwards Road and Indian Shoals Road in Dacula, Georgia. Once complete it will be the largest park in Gwinnett County at over 1,900 acres! This tops the current largest in the Hog Mountain area, Little Mulberry Park, at only 890 acres and Tribble Mill Park in Grayson at 700 acres.
Phase I includes over 3 miles of multi-purpose trails and many more miles for mountain biking and horseback … (0 comments)

The Rains Team, A higher standard in real estate (Keller Williams Realty Atlanta Partners)

The Rains Team

A higher standard in real estate

Hoschton, GA

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Keller Williams Realty Atlanta Partners

Address: 1960 satellite blvd, Duluth, GA, 30097

Office: (678) 775-2600

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