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If you are a first-time home buyer and want to take advantage of the $8000 tax credit, time is really running out now.
The deadline to take advantage of this credit is before December 1, 2009.
What does this mean to first-time home buyers?
Well, it takes about 30-60 days to close on a home barring any issues that may arise. It’s now October, 2009. A buyer must find their home now in order to close on November 30, 2009. That’s just a little under 60 days people.
If you are someone who doesn’t like to be rushed, perhaps this time crunch is not for you but if you are someone who wants to buy their first home and feels that this credit is well worth this final push, then get out their with me or your agent today and find your home.
This also means that you need to have your financial situation already taken care of. You will only delay your process more if you go out to view homes without first being approved for your mortgage.
A few other quick facts worth mentioning are that a first-time home buyer is a buyer who has not owned a “principal” residence during the last three years prior to this purchase. This also means that if you are married and one of you has never owned a home but the other has, neither of you are qualified for this tax credit.
The amount of the credit is equal to 10% of the purchase price with a maximum credit of $8000.
From Scott Larson of Towne Square Realty in Monroe, Wisconsin
“Your Realtor of the Region”
E- Mail scott@greencountyhomeguide.com
On the web at greencountyhomeguide.com
I think you will be surprised how affordable the Dairyland is,
so come to my land of cows and plows and visit for a day, but stay for a lifetime
608-2124-9844 Direct
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Future Forward! is working through a series of surveys on life in the Green County area this year. Future Forward! is a local non-profit that is looking to retain and attract younger professionals in our area to keep Green County vital and competitive in the coming years.
In order to improve the life here for current residents and make our area more attractive for new residents, Future Forward! is assessing our assets and areas for improvement in seven key areas. They are doing a series of seven surveys over the year, one in each area. Two surveys are already complete, and a third is going on right now. Each survey ends with a drawing for a prize, and at the end, all survey participants will be entered into a drawing for an iPod Touch.
The current survey is about learning opportunities in the area. It is a quick survey, so please take a moment to fill it out.
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~ The Young Professionals of Green County are playing wiffleball and kickball with the YP of Freeport on Saturday at Little Cubs Field at 2 pm. Bring the whole family for a day of fun. Afterwards, some of the YPs are planning to head over to Cannova's in Freeport for dinner.
~ Get your registration in for the collaborative class between Stef at Goose Chaser Farm and Laura at Kookaburra's in Monroe. The October 5 class will feature Oktoberfest foods. Who better to teach it than a native German? Brats, kraut recipes and much more including the beer. Also sign up for the Fall Foods class on October 11 where Stef will be cooking soups and stews.
~ Monroe Arts Center has Big Top Chautauqua’s “Wild Woods & Waters" coming to the Monroe High School Performing Arts Center at 7:30 pm on Saturday. The Blue Canvas Orchestra and singers travel to Monroe with an original musical theatre production highlighting the natural beauty and history of Wisconsin and the Upper Midwest. The multi-media performance features live music and songs by talented musicians, dramatic storytelling, and hundreds of breathtaking large screen, historical images.
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