Showing posts with label real estate tax credit. Show all posts
Showing posts with label real estate tax credit. Show all posts

Friday, February 20, 2009

Why I Would Buy


The number one reason to buy NOW. The government is giving away money! Literally. Eight grand, in your pocket if you buy a home in 2009!

Yes, I would. Of course, there are multiple reasons now is a great time like large amount of inventory, historically low interest rates, and great prices. If you wait and wait and try to time it just right you never will.

Call me at 910-352-1043 or email at jessicariffle@seacoastrealty.com!

Click here for Wilmington, NC real estate info!

Friday, February 6, 2009

BREAKING NEWS FROM SENATE!

WOW! This is huge. A bill just passed the senate that is a great incentive to ALL home buyers! This offer coupled with historically low interest rates makes buying now an amazing investment. We will be waiting as this legislation is sent to Congress and finally the President’s desk for the final signature.


Here are some of the things that this bill would do:

-Provide a direct tax credit to any one who purchases any home!
-Amount of the tax credit would equal 10% of the purchase price or $15,000, whichever is less
-Purchases must be made within one year of this legislation being enacted
-This tax credit would not to be repaid
-Taxpayers would be able to claim the credit on their 2008 income tax return
-This will only apply to the purchase of a principal residence
-The Credit would be recaptured if the home sold within two years of purchase
-This would sunset the current $7,500 housing tax credit on the date of enactment

Check with your preferred mortgage specialist to find out what information they have on this exciting possibility. heath.altman@alphamortgage.com or www.heathaltman.com

For real estate and luxury real estate information in the Wilmington, NC area click here!