Comments for Winston-Salem Homes Blog

Comment on Got MCC? First Time Home Buyer Tax Credits Still Available in NC by Tony Green, Realtor

Tony Green, Realtor — Tue, 31 Jan 2012 13:55:09 +0000

Christie, thanks for your comment. I’m not a tax professional, so I contacted my tax guy, Kevin Robinson. You can view his comments regarding the tax credit for Military Personnel above mine. It sounds like to me H&R Block is giving him bad info. Contact Kevin & I’m sure he could help you further.

Comment on Got MCC? First Time Home Buyer Tax Credits Still Available in NC by Kevin Robinson

Kevin Robinson — Tue, 31 Jan 2012 13:49:42 +0000

First-Time Homebuyer Credit – For most people, this credit expired in 2010.
However, members of the uniformed armed services, foreign service or the intelligence community who were on extended duty outside the US for at least 90 days between December 31, 2008 and before May 1, 2010 who bought a home before May 1, 2011 may qualify for a tax credit up to $8,000 for new home buyers and/or $6,500 for existing home owners. Note: Taxpayers who received the $7,500 first time Homebuyer’s Credit on their 2008 tax returns will now have to pay the second installment or 1/15th of it back in 2011. This will show up as an additional $500 in tax due on their 2011 return.

Kevin Robinson
Robinson Tax & Accounting Services
Colfax, NC 27235
http://www.robinsontax1040.com
e-mail: KEVROB@triad.rr.com

Comment on Got MCC? First Time Home Buyer Tax Credits Still Available in NC by Christie lewis

Christie lewis — Tue, 31 Jan 2012 02:29:36 +0000

How do you get the first time home buyer tax credit? My fiance bought a home last year and everything was finalized by April 4, 2011. He went to H&R block and they told him he was only getting $600 back. He is in the Army NG. He has been over seas to Afganastan to fight for our country for 15 months , Im just not understanding how he is not qualified. Can someone plaese get back to me ASAP…

Comment on Winston Salem Home for Sale – Remodeled, Ready to Move-in with Basement Under $100k by Tony Green, Realtor

Tony Green, Realtor — Sat, 19 Nov 2011 17:15:11 +0000

This property is now under contract and scheduled to close by Dec. 16, 2011.

Comment on 30-Year and 15-Year Mortgage Rates Hit All Time Low by Home Sales and Prices Expected to Increase in 2012 According to NAR

Home Sales and Prices Expected to Increase in 2012 According to NAR — Thu, 17 Nov 2011 21:20:35 +0000

[...] for consumers to buy, because prices are still down—essentially under replacement value—and interest rate are at historical lows. Even employment and wages have been heading up, although both at a modest [...]

Comment on Clemmons, NC Home for Sale: Like New & Ready to Move In! by Tony Green, Realtor

Tony Green, Realtor — Tue, 01 Nov 2011 04:52:22 +0000

This property sold for $116,500. Congratulations to another happy first time home buyer!

Comment on Forsyth County Home Resales Up from August Last Year by 30-Year and 15-Year Mortgage Rates Hit All Time Low

30-Year and 15-Year Mortgage Rates Hit All Time Low — Thu, 06 Oct 2011 23:54:47 +0000

[...] The interest rates for 30-year mortgages fell below 4% this week for the first time ever. For those in a position to purchase or refinance a home, it is a great time to be in the market. However, for most it’s still a challenge with the overall economy and tightened credit standards. Thankfully, the Winston-Salem real estate market is beginning to pick up slightly. [...]

Comment on Why Choose EXIT Realty As My Broker? by Tony Green, Realtor

Tony Green, Realtor — Tue, 27 Sep 2011 02:54:11 +0000

Thanks for visiting our site foothill…come back and visit often. you’ll find even more interesting articles.

Comment on Why Use Owner Financing to Sell Your Home by Housing Market is Split: Some Markets are Rising, Some Still Falling

Housing Market is Split: Some Markets are Rising, Some Still Falling — Mon, 26 Sep 2011 21:52:05 +0000

[...] those who’s home values have dropped again this year, about 25% owe more than their home is worth, and another near 25% have less than 20% [...]

Comment on Why Use Owner Financing to Sell Your Home by Sell House With Negative Equity | Selling House With Negative Equity

Sell House With Negative Equity | Selling House With Negative Equity — Thu, 22 Sep 2011 00:50:46 +0000

[...] Selling a house with negative or no equity Selling a house with negative equity can be very easy if …illing to use the technique explained here. [...]