Wisconsin

The enhanced home buyer tax credit explained

11-22-09

Dan Miller: Real Estate Agent in Madison, WI

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Office: (608) 852-7071

The $8,000 first-time home buyer tax credit has been extended into the year 2010, and now "long-time" home owners who sell one home and buy another are eligible for a $6,500 tax credit. A long-time home owner is defined as someone who has owned and occupied a home as a primary residence for at least 5 consecutive years out of the previous 8 years.

Tax payers who plan to claim the credit need to have a binding contract by April 30th 2010, and must close on their property by June 30th 2010.

If you're planning to take advantage of the tax credit, we recommend you plan on making your offer by April 1st. In case your offer does not get accepted, you'll want to allow yourself some time to find another property that meets your needs. And don't forget right now is a great time to shop for a home. Buyer traffic is lower right now than at any other time during the sales year. That means less competition from other buyers and more leverage with sellers.

For more information on the enhanced tax credit, you can check out this article on the buying real estate page at DaneCountyMarket.com.

Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com

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Waukesha to Oconomowoc with real estate in Waukesha County; We are still working harder than a rented mule!

11-21-09

Tom Braatz, Waukesha County Real Estate,WI

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Office: (262) 377-1459

Mobile: (262) 377-1459
Secondary: (800) 800-7140

The economy and life in Waukesha County real estate was up in the air for some time but we are finding finding a Waukesha County agent in real estate,tom braatz real estate ourselves buried in work and we would not want it any other way. It is true that they extended the first time buyer tax credit and even better they have a credit for existing home buyersthat are looking to move up.. What's this all about? Want to know more? Better yet, want to take advantage of the present credits that are available? You don't have to be in a position of meeting that fork in the road. Real estate, whether you are buying or selling in Waukesha County takes patience and discipline.

My suggestion is to give me a call at 262-377-1459 or email me at tom@tombraatz.com and let me explain the credits to you, and if you choose we could set up an finding a Waukesha County agent in real estate,tom braatz real estate appointment, roll up our sleeves, and exercise a game plan to make it all happen. I also have a great relocation package and buyer package waiting for you to take a good look at.

Perhaps the first start would be to take a look at what is on the market by clicking on the MLS search icon and starting and saving your searches. When you are looking at finding a Waukesha County agent in real estate you have come to the right source. You just need someone to keep an eye out for you at all times and will be happy to work like a rented mule. We actually love getting up in the morning and going to work; we get dressed for it. In fact, in a day when things can be unpredictable we know that we win some, we will lose some, but we will always get dressed for every game. We always give our clients our all, and we always will. Count on that!

finding a Waukesha County agent in real estate,tom braatz real estate

Have a productive day and we will see you at closing!

tom braatz

Looking at finding a Waukesha County real estate agent? Like to know what your Sussex Wisconsin Real Estate or Waukesha County Real Estate ,Waukesha County Lake homes, or what your homes for sale in Sussex Wisconsin are worth on-line? If you want to know what your home is worth in Waukesha County get your on-line value Market Analysis Want to find that right home? Dream Home Finder

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Cooler in Wimberley

11-21-09

Cheryl Eskridge, ABR, CRS, GRI, PMN, Broker

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Office: (512) 847-1785

Mobile: (512) 749-6833

Today is much cooler and rather dreary. Hopefully the sun will come out tomorrow.

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Marketing your home

11-21-09

Tim Hagedorn

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Office: (715) 848-8009

Mobile: (715) 571-4700

Your REALTOR® can recommend home repairs or cosmetic work that will significantly enhance the salability of your property. Your REALTOR® acts as the marketing coordinator, disbursing information about your property through a variety of mediums - placing strategic property ads, holding open houses, using the MLS - only available to REALTORS® - to quickly reach a large number of home buyers, as well as networking with other REALTORS® and business contacts.

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Tax Benefits for home seller

11-21-09

Tim Hagedorn

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Office: (715) 848-8009

Mobile: (715) 571-4700

Homeowners are winners under the Taxpayer Relief Act of 1997. Under the new law, up to $250,000 ($500,000 for a married couple filing a joint return) of gain realized on the sale or exchange of a principal residence is not taxable - not just deferred. In addition, the new law reduced the capital gains tax rate. Any gain from your home sale in excess of $250,000/$500,000 is taxed at the new lower rate.

Homeowners qualify for this tax exclusion if two requirements are met:

The home must be used as a principal residence for two of the preceding five years. This law does not apply to vacation or second-home properties. There are some exceptions for those who cannot satisfy the two-year use requirement.
No more than one sale or exchange can take place every two years.

If you are selling your home, you should contact a tax advisor for details on how this new law applies to your sale.

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