1st time home buyer tax credit: Buying A Home - Tax Credit is Extended and Expanded - 11/19/09 03:15 AM
Wow!  Here It Is - the Final Word on the Tax Credit. 
The House and Senate voted and President Obma just signed into law a bill that extends the First Time Home Buyer's TAX CREDIT.  This means if you have never owned a home before OR have not owned a home in the last 3 years, you can get a Tax Credit of 10% of the purchase price of the home you buy.  There is a cap of $8000 for the 1st Time Home Buyer Tax Credit so if your house costs more than $80,000, then 8K is all you get. … (0 comments)

1st time home buyer tax credit: Get Tax Credit for New HVAC - 10/09/09 02:36 PM
Ahh, it's raining right now, temp in the 70s, and really muggy outside.  But a huge COLD FRONT is supposed to be on its way.  Anyone who knows me knows I LOVE the cold weather.  My idea of the perfect day is 40 degrees with the sun shining and no wind. It is easy to breathe and it's just exhilarating!
Soon we will be able to stop running the A/C and open the windows for fresh air.  This summer wasn't as hot as it has been in the past, but I for one will be glad to see a little relief … (0 comments)

1st time home buyer tax credit: Can I Use The 1ST Home Buyer Credit as My Down Payment? - 09/30/09 07:44 AM
You keep hearing about the first time home buyer's tax credit and want to take advantage of it, but can you USE the $8000 to actually BUY the house.  Well, NO. The problem is with 99.9% of the loan programs out there today, you need to have a down payment AND pay closing costs.
So, how much money do you need?  Well FHA is the most popular loan for people who haven't saved up a lot of money and the down payment is 3.5% of the price you are paying for the house.  So, if the house costs $100,000, you have … (0 comments)

1st time home buyer tax credit: How do I know if I Qualify for the Home Buyer Tax Credit? - 09/27/09 09:14 AM
It is very easy to qualify for the tax credit.  Anyone who has NOT owned a home in the last 3 years can qualify for the tax credit.  When you want to buy a home, you must qualify for a loan (unless of course you are paying cash) but if you can qualify to buy a home, the tax credit is YOURS.  Do nothing NOW; in January when you file your 2009 tax return, you get the form for the credit and attach it to your return. 
The tax credit is equal to 10% of the price you pay for the … (1 comments)

1st time home buyer tax credit: Great Home for 1st Time Home Buyer - 08/14/09 11:35 AM
There are a lot of tax credits floating around out there these days.  One is the tax credit for 1st time home buyers.  What happens is this - if you buy a home for the first time, you get a tax credit equal to 10% of the amount you paid for the home.
So, next January when you go to file your taxes, if you bought a $60,000 house, you can subtract $6000 from your tax bill.  If you buy a $100.000 house, you get to subtract $8,000 because $8000 is the most they will give you back.
If you had taxes … (0 comments)

1st time home buyer tax credit: 1st Time Home Buyers Take Advantage of Tax Credit - 03/19/09 12:32 PM
Boy, has it gotten busy lately or is it my imagination!  I listed a home for sale in Helena, Alabama 3 weeks ago and we already received an offer.  The seller had fixed it up and it looked GREAT.  The person who is buying the home as never owned a home before and can take advantage of the First Time Home Buyer's Tax Credit.
If you are a first time home buyer (and a 1st time home buyer is defined as someone who hasn't owned a home in the last 3 years), then you can qualify for an $8,000 TAX CREDIT … (0 comments)

1st time home buyer tax credit: Buying A Home - How Does The Tax Credit Work? - 03/02/09 02:23 PM
On February 17th, President Obama signed the American Recovery and Reinvestment Act into Law. Over the last week, I've had several people ask me about the new tax credit.  This is similar to the housing bill that President Bush signed at the end of July but better.
If you are a first time home buyer (and a 1st time home buyer is defined as someone who hasn't owned a home in the last 3 years), then you can qualify for an $8,000 TAX CREDIT on your 2009 taxes.  A tax credit is better than a deduction because it is subtracted directly … (0 comments)

1st time home buyer tax credit: Buying A Home - Get A Tax Credit in 2008 - 11/06/08 08:42 AM
Fall is definitely here.  The trees in Hoover Alabama are BEAUTIFUL. Soon it will be Thanksgiving which is only 5 weeks before the end of 2008.
During September and October the TV News was flooded with talk of ecomonic crisis!!  It was really hard to focus on all the GOOD Things happening in our economy. Back in July, the president signed a bill that gives First Time Home Buyers a TAX CREDIT.  The credit is worth up to 10% of the amount they pay for a home.  This means if you buy a home that costs $75,000 or more, you will … (0 comments)

 
Toni Bird (Coldwell Banker Preferred Properties)

Toni Bird

Hoover, AL

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Coldwell Banker Preferred Properties

Address: 2820 Columbiana Rd., Suite 101, Birmingham, AL , 35216

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