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Don’t Miss Out On The HOME BUYER TAX CREDIT!!

April 5, 2010 By Leave a Comment

If you haven’t bought a home during this Home Buyer Tax Credit period, your time is running out. To qualify for the credit you must have a home under contract by April 30th. That’s just over 3 weeks away. You then have until June 30th to “close”. There have been many changes in the mortgage market during the last few months, but 60 days should be ample time to close your loan. Please let us know if we can help you in anyway. Don’t miss out on this $6500 or $8000 (for first time buyers) tax credit!! If you have any questions regarding the tax credit or you’re ready to find a home in the Winston-Salem area to qualify, you can reach Kim or myself at the office (336) 462-9544 or my cell is (336) 287-4423.

Home Buyer Tax Credit Guidelines

Here is a link to the Official Government Tax Credit Website.
Federal Housing Tax Credit

Filed Under: Housing Market, Real Estate News Tagged With: , , , , , , , , , ,

Federal Homebuyer Tax Credit Extension and Expansion Details

December 14, 2009 By 1 Comment

Do You Have Questions About the New First Time Home Buyers Tax Credit Extension?

Many home buyers have questions regarding the latest home buyer tax credit extension enacted in November, 2009.  Local Winston Salem Loan Officer, Bob Church, of Bank of America has outlined the details of the newest homebuyer tax credit. Please give Bob a call if you are in need of financing or refinancing your home. His contact details are on the flyer below.

If you are a first time home buyer (homebuyer) in the Winston-Salem (Piedmont Triad) area, you can learn more about buying your first home by clicking the previous link. If you are looking for a trustworthy Realtor, give me a call at (336)462-9544 or on my cell at (336) 287-4423. I look forward to helping you!

Federal Homebuyer Tax Credit Extension

Filed Under: Housing Market, Mortgage Market News, Realtor Tips, Winston-Salem Real Estate Agents Tagged With: , , ,

Is Now The Right Time To Sell My Home?

November 12, 2009 By Leave a Comment

Unless you’ve had your head in the sand for the last year, you realize that the real estate market has been down.  Our area has not been hit like other areas of the country, but it has been affected none the less.  Should I Sell My HomeThe first time home buyer’s tax credit has increased the number of homes being sold in the lower price ranges, but now with the expansion of that credit to include all other buyers (up to $800k) who had owned their previous home for at least 5 years, it should improve the overall market.

The home buyer’s tax credit extension & expansion make this a great time to sell your home, but you’re still unsure.  We offer a Real Estate Timing Analysis to see if it’s right for you.  This analysis is a bird’s eye view of the current market given the various time frames that it takes you to get your home on the market, get it sold at the best price, get your money, and move on to your new home. If you feel this may be of value to you, please give me a call and let’s get together.  I work with buyers, sellers, and investors in the greater Winston Salem area including Clemmons, Lewisville, Pfafftown, Kernersville, Advance, and Yadkinville. (336) 462-9544 .

Filed Under: Real Estate News, Realtor Tips Tagged With: , , , , , , , , , , , , , ,

Senate Negotiators Reach Agreement to Extend First Time Home Buyer Tax Credit – Expansion Considered

November 2, 2009 By 1 Comment

The First Time Home Buyers Tax Credit has helped the worst real market since the Great Depression begin to recover.  The $8000 credit is set to expire on November 30, 2009, however many are pushing to extend the credit.   Over the last few days, multiple media sources have reported that senate negotiators have reached an agreement to extend the tax credit until April 30th, but it’s passage remains uncertain.

First Time Home Buyers Tax Credit $8000

Would you like $8000 from the government for buying a home?

The agreement has been expanded to include certain move-up home buyers as well.  This new credit would be extended to all home buyers who have been in their residence for a five-year consecutive period up to $6500.  The tax credit extension would be extended to all buyers under contract by April 30, and closed by June 30, 2010.  It’s been proposed to increase income limits to $125,000 for singles and $250,000 for couples.  The credit would be phased out for buyers earning more than these amounts.

The real estate market has been weak nationwide, however the first time home buyer credit has been a boost to the market recovery.   The recovery has been slightly slowed down by the drop in new home sales in September that was reported last week.  Economists and real estate professionals believe an extension of the credit would help improve the market and the economy.

If you are ready to take advantage of this credit and looking to buy or sell real estate in the Winston Salem, NC area, please contact me, Tony Green, Realtor at (336) 462-9544.

Filed Under: Economy, Housing Market, Real Estate News Tagged With: , , , , , ,

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