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The First Time Home Buyer Tax has been extended and expanded. So much so that calling it by that name is only half the story. As an amendment to an unemployment insurance bill, a RPAC endorsed extension and expansion of the current home buyer tax credit unanimously passed the Senate late Wednesday and the House of Representatives on Thursday. President Obama signed the bill on Friday. To summarize the new bill, first-time home buyers will still be able to claim the $8000 tax credit until April 30, 2010. In addition, closing the sale isn't required prior to the deadline. This credit would apply if a binding contract is in place by April 30, 2010; buyers have an additional 60 days to close the sale. In addition, current homeowners who have maintained the home they want to sell as their primary residence for five of the last eight years are also eligible. In those cases, the maximum credit is lower: $6,500 or 10 percent of the sale price, whichever is least. The previous credit included income caps of $75,000 and $150,000 for individuals and couples. The new bill lifts those caps to $150,000 and $225,000 for individuals and couples, respectively. The new version does, however, cap the purchase price of homes purchased; the credit may not be claimed when the purchase price is $800,000 or greater. There are several other minor changes to the current credit through this legislation. You can see a side-by-side comparison of the two bills by clicking here. |
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Avon Indiana’s finest neighborhoods offer luxury living at it’s best. There are several neighborhoods in Avon featuring homes built by Indy’s top home builders. Build your custom dream home or choose an existing home in one of these distinguished Avon neighborhooods.
Homes in these communities start at $500,000.
Parks at Prestwick
Parks at Prestwick, located in the southwest corner of Avon is built on a nature preserve, with rolling hills, trails and wooded lots. Choose a home overlooking the Prestwick Country Club and golf course or a secluded home amongst trees.
Amenities include a community park, basketball court and swimming pool.
Search All Homes Available in Parks at Prestwick
Woodcreek Farm
Woodcreek Farm is a lovely community of stately homes on tree lined streets with large lots. Perfectly manicured lawns, open green areas and a small creek which runs through the neighborhood.
Located off CR200 (21st St), just east of SR 267, close to the new Ronald Reagan Parkway.
Search All Home Available in Woodcreek Farm
Heritage Hill
Heritage Hill is the newest custom and luxury home community in Avon. Built on 100 acres of nature, with rolling hills and wooded lots, there’s still time to choose a great lot for your custom home.
Future amenities include, park/playground, nature area, pool and clubhouse
Located off SR267, north of CR200.
Search All Available Homes in Heritage Hill
Copyright by Paula Henry 2008 - originally posted at IndyRealEstateTalk.com
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Chris Castetter quoted in the Hendricks County Business Leader...
Everyone knows how dismal the housing market has been recently. Chris Castetter knows. He is a Realtor. He is also a small business owner and knew he had to do something. "You have to change with the times or fall through the cracks," he says. As the downturn continued, Castetter asked himself, "What is it going to take to set me apart?" He researched successful agents nationwide and interviewed them. "I educated myself (to know) what it means to have a website and how to drive traffic to it"
Castetter says. He uses his website to educate consumers and keep them informed. "The marketing for sales is mostly web-based now," he adds. Castetter also reassessed how he worked. As a result, he hired another agent to concentrate on homebuyers, so he could concentrate on sellers. He established a partnership with Home Matters, LLC, a professional home staging company and added a consultation for all of his listing clients. Administratively, he hired an assistant. Now he spends most of his time working with clients and building his business.
"I determined what I had to do to survive, and thrive in this economic climate. The foundation of my past clients was and is my saving grace (in the beginning), and now I am meeting new people I may never have had contact with (through my website)." He credits the strategic changes made in his business for making 2009 his strongest sales year to date. Score one for small business. He can be contacted through www.chriscastetter.com or at (317)414-1117.
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Parks at Prestwick in Avon offers some of the most beautiful land in Hendricks County. Scenic tree lined and sloping hillside lots sitting above the Prestwick Country Club. On either side of the custom home lots are paired ranch maintenace free communities. I've always been a huge fan of these communities. No yard work, no shoveling snow, no exterior maintenance! Okay, so it's really a huge benefit for my husband, but still, if he's not busy maintaining all these items, I could create another honey - do list :) I mean honey-please list.
Last year the largest builder of maintenace free homes in Indianapolis went out of business and the communities are in foreclosure. I have been working with the Receiver of the homes at Grant Park and after a few months of getting all the details in place, I now have some of the homes at Grant Park listed and ready to sell. We will be adding additional homes to the inventory soon.
Although not officially bank owned, we have been given the liberty to price these homes to SELL.The price represents a savings of 25-30% off what the builder had these homes listed for.
My favorite model is the Majestic with the optional bonus room. We just happen to have one available. With over 2900 square foot, you would never know you are in a condo. This model home features a double sun room with a wall of windows overlooking the pond, hardwood flooring, fireplace and custom upgrades throughout.
I will be there on Sundays from 1-4 with all five models open, plus four additional homes. We have some homes which can be finished to specifications. Come by and check out this beautiful community. I'll see you there!
You can see more detail, floor plans and photos at GrantParkAvon.
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