tax credit: Home Buyer Tax Credit Video - 12/17/09 08:25 AM
New release!  The newest version of the Home Buyer Tax Credit is now taking aim at what some are calling "Movers".  No matter if your moving up in size, down in size, across te country or just across the street you are a mover.
The site link is http://mfinchem.longrealty.com/Content/Content.aspx?CategoryID=558317 .  The video contain a great explanation and visual aids on how this affects anyone who wants to buy a home using tis program.
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tax credit: Tax Credit Facts, make the program work for you! - 12/14/09 04:01 AM
With any new program there are questions about what can be done and what can't.  here are a few relivant facts for both first Time Home Buyers and the group many professionals are calling "Mover's".
Fact #1...Existing homeowners can use the credit.  The question I have had to answer several times is, "Must the new house cost more than the old house/"  NO, thus for example individuals who move from a high cost area to a lower cost who meet all eligibility requirements will qualify for the $6,500 tax credit. (Source www.realtor.org)
Fact #2...Existing homeowner tax credit is equal to 10% of … (0 comments)

tax credit: Home Buyer Tax Credit Changes - 11/07/09 12:34 AM
The suspense is over.  The President signed the Bill effectively providing an extension and an expansion of the Homebuyer Tax Credit.  There are still some unanswered questions out there and we are waiting for some of them to get cleared up.  The Bill now will cover a large majority of homes in the Oro Valley and NW Tucson market; and over 90% of the homes in Rancho Vistoso. 
Here is what we do know.  You do not need to rush a closing into that Nov. 30th deadline in order to be eligible for the tax credit.  So that takes the pressure off.  The income … (0 comments)

 

Mark Finchem

Oro Valley, AZ

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Long Realty Company

Address: 6875 N. Oracle RD, Suite 125, Tucson, AZ, 85755

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