Tips and tidbits about the local Triad, NC real estate market from someone who lives it everyday...
Wednesday, November 25, 2009
So Much for Which to be Thankful...
This post is not going to be informative, or an advertisement, or useful to consumers in any way... it is merely me expressing my thanks to my past and present clients, customers, and colleagues who have helped make my career such a blessing. I truly love what I do, and while it sometimes gets so hectic I can't see straight, I would not change a thing about it. I have met some of the best people on Earth through my real estate contacts, and every day brings the possibility of something new and exciting. Thanks to you all, and Happy Thanksgiving!
Monday, November 23, 2009
New Listing in Clemmons!
If you need large rooms, all bedrooms and laundry on second level, and a fabulous neighborhood, check this home out! 6810 Gray Moss Court in Doublegate has multiple living spaces on the main level as well as a beautifully remodeled kitchen with quartz countertops and stainless appliances. The sellers have enjoyed making memories with their growing family here, but they are being relocated... are you in need of somewhere to make some memories? It's 4 bedrooms, 2.1 baths, and just a moment from the heart of Clemmons. View the link to find out more, and visit AmandaShore.com for an appointment.
Labels: buyer, market, local
buyer,
Clemmons,
Doublegate,
kitchen,
seller
Friday, November 6, 2009
Tax Credit Info!
President Obama has signed the bill... read on!
-- First-time buyers are eligible for up to an $8,000 credit and now have until April 30, 2010 to be under contract (and close by June 30, 2010).
--Repeat buyers who have lived in their current home for at least five consecutive years of the past eight years are eligible for a tax credit up to $6,500.
--Higher income limits - Both first-timers and repeat buyers may purchase a principal residence up to $800,000. Income limits to qualify have been increased to $125,000 for single tax filers and $225,000 for joint filers.
--Credits are effective NOW – The new legislation replaces the former tax credit scheduled to expire November 30. If you have active buyers who have not closed as of November 6, they now qualify for these credits if they meet the criteria.
--Credits do not need to be repaid – The credits for both first-time buyers and repeat buyers are true credits and do not need to be repaid unless the home is sold within three years of purchase. The credits are claimed on the buyer’s federal income tax return filed for the year they purchase their home.
--Interest rates are still historically low and selection is excellent. The rates are likely to rise in March when the Feds will pull back on the purchase of mortgage-based securities. Act now to lock in those low rates.
Info courtesy of AllenTate.com
-- First-time buyers are eligible for up to an $8,000 credit and now have until April 30, 2010 to be under contract (and close by June 30, 2010).
--Repeat buyers who have lived in their current home for at least five consecutive years of the past eight years are eligible for a tax credit up to $6,500.
--Higher income limits - Both first-timers and repeat buyers may purchase a principal residence up to $800,000. Income limits to qualify have been increased to $125,000 for single tax filers and $225,000 for joint filers.
--Credits are effective NOW – The new legislation replaces the former tax credit scheduled to expire November 30. If you have active buyers who have not closed as of November 6, they now qualify for these credits if they meet the criteria.
--Credits do not need to be repaid – The credits for both first-time buyers and repeat buyers are true credits and do not need to be repaid unless the home is sold within three years of purchase. The credits are claimed on the buyer’s federal income tax return filed for the year they purchase their home.
--Interest rates are still historically low and selection is excellent. The rates are likely to rise in March when the Feds will pull back on the purchase of mortgage-based securities. Act now to lock in those low rates.
Info courtesy of AllenTate.com
Labels: buyer, market, local
buyers,
legislation,
real estate,
tax credit
Sold Data on AllenTate.com
Have you ever wondered how much your neighbor down the street got for his home? While sales data has always been public record, AllenTate.com has made that information available with just the click of a mouse! So... if you are considering making improvements to your home, refinancing, or selling, but you don't want any major expenses before you do some research, got to AllenTate.com. Click on property search, then on Interactive Tate Map. Enter the address of the property you would like to search, and voila! Easy as pie!
Labels: buyer, market, local
Allen Tate,
interactive map,
property value,
sold
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