Toledo, OH

The 8,000 Home Buyer Tax Credit has been extended. With this news also comes added revisions that will make it possible for others to qualify.

Now- It's not just for First Time Home Buyers - You may qualify
Now - They have raised the wage cut off point.

Basics to the Homebuyer Tax Credit - Extended and Revised.

Do You want to know if you qualify for the Home Buyer Tax Credit now that it has been extended and revised. It does allow more Home buyers a way to qualify.

See Video of the 8,000 Tax Credit and the 6,500 Tax Credit.

Lights Before Christmas
@ the Toledo Zoo
November 20th - December 31st, 2009

Sure you're cold, but the lights will warm you right up (but think how much the polar bears and the penguins love it!!)
During the holiday season, the Zoo is transformed into a winter wonderland. The "Lights Before Christmas" holiday event features over ONE MILLION twinkling and chasing lights, over 200 images of your favorite animals, ice-carving demonstrations on Thursday evenings, strolling carolers, holiday treats and much more! You can also find unique gifts and souvenirs in the North Star Trading Post gift shop. Don't miss out on this family tradition!

www.toledozoo.org

You can search for all ACTIVE LISTINGS in the greater Toledo Ohio Area including: Sylvania, Perrysburg, Holland, Maumee, Waterville, Whitehouse, Swanton, and more.

The Lohman Team would be happy to help you with your Real Estate needs. Click here to search the Toledo MLS.

Also, if you are driving around and see a listing for sale just call 1-866-419-2010 and get a full description.

Nancy Lohman

The Lohman Team RE/MAX would love to help you with the purchase or sale of your next home. We pride ourselves in the ability to market well on the internet and get the most exposure for your home for sale.

We also have 4 agents on our team that are dedicated to finding you the best home and for the best price. We serve the greater Toledo area; including Sylvania, Holland, Perrysburg, Maumee, and Monclova.

Check out our website at NancyLohman.com or HomesAroundToledo.com

Call us anytime.

Nancy Lohman 419-360-4735 Bob Lohman 419-360-443

Nancy Stemmle 419-867-3898 Bert Spangenthal 419-346-1458

Get the Basics on The Home Buyers Tax Credit Extended Upgrades

The Home Buyers Tax Credit for 2009 was for first time home buyers that purchased a residential home till Dec. 1 2009. But the Extended version has made it possible for others to qualify till April 30, 2010.

The Extended version Of the Home Buyers Tax Credit - you now may qualify if you didn't before. The income level has risen and no longer is it limited to first time home buyers.

Which Properties Are Eligible?

The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.

How Much Is Available?

The maximum allowable credit for first-time home buyers is $8,000.
The maximum allowable credit for current homeowners is $6,500.

Pay Rate to Qualify? Effective Nov. 7, 2009
Wage earnings for a Single Income has jumped to 125,000
Wage earnings for Family Income has jumped to 225,000.

Do you have to be a first time Home Buyer?
No!
First-time home buyers who purchase homes between November 7, 2009 and April 30, 2010 still can qualify for the 8,000 Home Buyers Tax Credit. But Home owners purchasing a home can now qualify too.

I own a home - can I qualify for the Tax Credit?

• Yes! Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutiveyears within the last eight. With this Extended Version to the Tax Credit, you may be eligable for 6,500 tax credit.

If the Buyer(s)' Income Exceeds These Limits, Can He/She Still Get a Credit?

Yes, some buyers may still be eligible for the credit.

The credit decreases for buyers who earn between $125,000 and $145,000 for single buyers and between $225,000 and $245,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income-over $145,000 for singles and over $245,000 for couples are not eligible for the credit.

Can a Buyer Still Qualify If He/She Closes After April 30, 2010?

Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.

Will the Tax Credit Need to Be Repaid?

No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during this three-year period, the full amount credit will be recouped on the sale.

Will keep adding Detailed information about the Extended / Expanded Tax Home Buyers Tax Credit on my website.

Technology is amazing--today I discovered that RE/Max has a site where your can view on a map of the entire United States to see where people are searching remax.com for listings & information on agents, communities, neighborhoods, schools, etc. Take a look if you're interested at: http://workingforyou.remax.com/.

Anyone have other sites that are really cool? Sometimes I think someone should put up a list of new sites or places of interest each day so that we can search to our heart's content and not have to Google every time we want information! Anyone up for that type of search?