first time home buyer: 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)

first time home buyer: 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)

first time home buyer: All About Georgia Property Taxes: Part 2 - 07/06/09 05:21 AM
In the first part of this short series I explained what the Georgia property taxes are based on, how the assessed value is determined and what a millage rate is. Today I'm going to discuss the homestead exemption and how to appeal tax assessments.
If you want to catch up on the first part, click the link: All About Georgia Property Taxes: Part 1

Homestead Exemption:
In Georgia, the most common exemption people apply for is the Homestead Exemption, which allows Georgia homeowners to receive a reduction in the tax assessed against their primary residence. This exemption and most other … (0 comments)

first time home buyer: All About Georgia Property Taxes: Part 1 - 06/25/09 05:40 AM
If you are a Georgia homeowner, especially a first-time home owner, you may be curious to learn more about the property taxes you're required to pay. In this first part, I'll explain some general information about Georgia property taxes, how the valuation and assessment process works and what a millage rate is.

To begin with, all Georgia property is subject to paying property taxes, called "ad valorem" taxes which means a tax based on the value of the property. The ad valorem tax is based upon the value of both the house (the improvements) and the lot on which the … (4 comments)

first time home buyer: Pathways to Professionalism: Respect for Property - 06/22/09 03:36 AM
The following are some professional courtesies that every REALTOR should strive for. Using good manners is important in this business that is built on relationships. These 8 suggestions are all ways that show respect for property.

1.      Be responsible for everyone you allow to enter listed property.
2.      Never allow buyers to enter listed property unaccompanied.
3.      When showing property, keep all members of the group together.
4.      Never allow unaccompanied access to property without permission.
5.      Enter property only with permission even if you have a lockbox key or combination.
6.      When the occupant is absent, leave the property as you found … (11 comments)

first time home buyer: Pathways to Professionalism: Respect for the Public - 06/08/09 06:20 AM
The following are some professional courtesies that every REALTOR should strive for. Using good manners is important in this business that is built on relationships. These 21 suggestions are all ways that show respect for the public.

1.      Follow the "Golden Rule" - Do unto others as you would have them do unto you.
2.      Respond promptly to inquiries and requests for information.
3.      Schedule appointments and showings as far in advance as possible.
4.      Call if you are delayed or must cancel an appointment or showing.
5.      If a prospective buyer decides not to view an occupied home, promptly explain the … (10 comments)

first time home buyer: 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)

first time home buyer: 8 Ways to Save Money Through Your Mortgage, Banking or Credit Cards - 05/29/09 04:21 AM
My office is cluttered and unorganized, which absolutely drives me crazy. So, last night I decided to start tackling this huge project...not to point fingers here, but it's mostly my hubby's mess that I'm trying to sort through. However, I did go through all the files in my desk and found a lot of things I didn't need.
What does this have to do with saving money you may ask? Well, I found a magazine dated July 2008 that caught my eye--one of the headline stories was "Easy Tips to Save $1,000's"--I knew I had kept this for a reason! Today I'll … (5 comments)

first time home buyer: 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)

first time home buyer: First-Time Home Buyer Tip: Should I Pay Off my Car First? - 04/16/09 03:44 AM
I get asked this question all the time:
Well, I must say, I have a pretty specific answer to my video to find out :-)

If you are in the market to buy or sell your home in the Bethlehem or Dacula area, I would be happy to assist you! My passion is helping people find their dream home and stepping them through this exciting journey. I serve the Walton, Barrow and Gwinnett county areas. Call or text me today!

first time home buyer: Understanding the New $8,000 First-Time Home Buyer Tax Credit - 03/18/09 03:40 AM
Did you know that if you're a first-time home buyer purchasing a house between January 1, 2009 and December 1, 2009 that you can receive a tax credit up to $8,000?

Photo By: Jack Duval
Previously this government incentive to purchase a home was limited to $7,500 and had to be paid back over the course of 15 years. However, some changes have been made, which I will outline here that will hopefully answer all of your questions.

Photo By: Simon Doggett
Who can receive the credit? Only first-time home buyers are eligible and they must close between   January … (10 comments)

first time home buyer: $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)

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

Mobile: (404) 620-4571

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