Selling your Mobile Eastern Shore home should be a smooth profitable transaction. But it could end up being an unsuccessful, draining experience, especially if the appropriate precautions and preparations are not observed.
Continue readingTax Credit Expanded for Mobile Eastern Shore Home Buyers
The $8000 first-time home buyer tax credit was scheduled to expire in just a few short weeks…Nov 30, 2009. I say ‘was’, because the Senate voted unanimously to extend the credit on Monday and the House of Representatives approved the extension yesterday afternoon by a vote of 403-12. The extension includes an expanded tax credit to repeat home buyers. The bill now goes to the President for his signature which is expected to happen today.
Home Buyer Tax Credit Expansion and Extension
- The $8,000 tax credit will be extended and available for first-time home buyers through May 1, 2010.
- A new $6,500 tax credit will be available for repeat buyers who purchase between December 1, 2009, and May 1, 2010.
- To qualify, buyers must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years.
- Prospective buyers with binding contracts in place as of April 30, 2010, will be allowed an additional 60 days to complete the transaction.
- Income limits are expanded to $125,000 on a single return and $225,000 on a joint return.
- Limitation on the cost of a purchased home is $800,000.
If you know anyone looking to buy their first Mobile Eastern Shore home at a time when prices and interest rates are still down, or if you are thinking of buying another home and getting the new $6,500 credit please contact me today.
Mobile Eastern Shore Home Credit Score Myths Debunked
Do not let these credit score myths get in your way when preparing for the purchase of your next Mobile Eastern Shore home.
Continue readingMaking Small Living Spaces In Your Mobile Eastern Shore Home Feel Larger
Finding ways to deal with small spaces in your new Mobile Eastern Shore home can be tricky. Everyone likes the place they call home to be somewhere they can kick back and relax. However, it is hard to relax in areas that are cluttered and uncomfortable. Strategic interior design can make a big difference when dealing with small living spaces.
Continue readingFive Mistakes To Avoid When Selling Your Mobile Eastern Shore Home
Selling your Mobile Eastern Shore home should be a smooth profitable transaction. But it could end up being an unsuccessful, draining experience, especially if the appropriate precautions and preparations are not observed.
Continue readingHow To Make Mobile Eastern Shore Move Hassle Free
It doesn’t matter if you are moving across town or across the country, moving is stressful! But a little planning can go a long way to making the move to your new Mobile Eastern Shore home less stressful. Here are 10 time-saving tips for a hassle-free move.
Continue readingMobile Eastern Shore Home Sellers Take First Offer Seriously
Mobile Eastern Shore home sellers will want to consider the first offer very seriously. Here are reasons why.
Continue readingClock Ticking On $8000 First-Time Home Buyer Tax Credit
The clock is ticking on the $8,000 tax credit for Mobile Eastern Shore first-time home buyers.
Continue readingTips For Mobile Eastern Shore Home Buyers
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Continue readingEnergy Saving Tax Credits Help Mobile Eastern Shore Home Owners
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