With 5 months inventory of houses listed for sale in our
area, you need everything going for your house to make it
shine above the others. The following "7 C's" will make
your house a stand out.
1. Clean - Q-tip clean
2. Clutter free
3. Color - light tones are the best
4. Compromise - choose which items need to be repaired/
upgraded and use those as focal points
5. Creativity
6. Communication - let the buyer know you care about the
house
7. Commitment - maximize your investment by making
your house show at it's finest ---------------------------------------------------------------------- Choose a REALTOR® whose experience in the field assures you quality
service and satisfaction, backed by one of the most trusted names in
the industry. A Pro-Active Real Estate Executive who understands the importance of
showing your property to as many potential buyers as possible. I simply show
you my Exclusive Pro-Active Technics to sell your most important investment. Your listing will be linked to a plethora of search engines that will
guarantee you the highest cyber traffic. This is critical to getting
your property exposed to 87% of buyers who start their home search
on line. Today is the day for you to hire a Pro-Active Agent for the job of selling your home. ---------------------------------------------------------------------- The American Recovery and Reinvestment Act of 2009 features an $8,000 tax credit for first-time buyers who purchase a home on or after Jan. 1, 2009 and before Dec. 1, 2009. The temporary credit is available for home purchases made from Jan. 1, 2009 to before Dec. 1, 2009 and is equal to 10 percent of the cost of the home, up to a maximum credit of $8,000. (For example, a home purchased for $80,000 or more would qualify for the full $8,000 credit while a $70,000 home would only qualify for 10 percent, or $7,000) Buyers claim the credit on their federal tax return to reduce their tax liability. If the credit is more than their total tax liability that year, the buyer will get a refund check for the balance. Only first-time homebuyers can take advantage of the tax credit. A first-time buyer is defined under the tax credit as an individual who has not owned a home in the last three years. For married joint filers, both must meet the first-time homebuyer test to take the credit on a joint return. Eligible properties include anything that will be used as a principal single-family residence-including condos and townhouses. There are income guidelines on the credit. Individuals with an adjusted gross income up to $75,000 (or $150,000 if filing jointly) are eligible for the full tax credit. The credit is phased down for those earning more and is not available for those with an income above $95,000 (or $170,000 if filing jointly). The new tax credit does not have to be repaid if the buyer stays in the home at least three years. But if the home is sold before that, the entire amount of the credit is recaptured on the sale. People who purchased homes under the 2008 $7,500 tax credit program will still be required to repay that credit to the government over a 15-year period. GOOD NEWS.................. Nov. 5 2009 - New law will extend the $8,000 credit for first-time home buyers for sales contracts entered into by April 30, 2010 and closed by June 30. Further, it will expand to include a new $6,500 credit for owners of existing homes who are purchasing a new principal residence. An existing home owner can claim the $6,500 tax credit if they have been residing in their principal residence for five consecutive years out of the last eight. Additionally, the income eligibility limits to claim the full credit amount for both groups of home buyers have been raised to $125,000 for individuals and $225,000 for married couples. |