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It's the same credit as before, but with additional benefits and stipulations.
$8,000 tax credit to first time homebuyers.
$6,500 for repeat purchasers (those who have used previous home as principal residence for 5 of 8 previous years).
Set income limits at $125,000 for single and $225,000 for joint filers.
The credit is available until April 30, 2010, with a 60 day extension if binding contract is in place by April 30th.
Purchase price of home must not exceed $800,000.
The House of Representatives may adjust some details, but if no changes are made President Obama could sign it by the end of the week.
This news combined with the fact that the interest rates are being kept so low makes this a very smart time to buy property... from me. ;)
UPDATE:
THE HOUSE AND SENATE HAVE PASSED THE CREDIT EXTENTION, SO ALL OF THE ABOVE INFORMATION IS CORRECT.
For additional information, check out http://www.federalhousingtaxcredit.com
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The two Wieder Realty offices have listed, sold and rented more property in Palm-Aire in the past 90 days than any other brokerage, according to MLS Statistics.
Q: How does Wieder Realty list the most property in the Palm-Aire area?
A: Here are the Top 10 Reasons why:
1. We have two local offices to serve our customers
2. Print advertisements for our listings in Palm-Aire specific magazines & newspapers, the Sun-Sentinel, and various other newpapers in Philadephia, New York & Canada
3. All of our listings are advertised heavily locally, nationally & internationally
4. We have over 20 agents serving Palm-Aire and the surrounding areas
5. Wieder Realty is Family-Owned and Operated since 1986
6. We Showcase Listings on Realtor.com, the #1 Real Estate website
7. We feature our listings on more than two dozen real estate websites
8. Both of our offices have been operating in Palm-Aire for more than 20 years
9. We send out hundreds of postcards thruout Palm-Aire featuring the best of our Just Listed and Just Sold properties.
10. www.Palm-Aire which generated 5,689 individual visitors, who in turn viewed 35,721 pages in September alone.
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Pompano Beach is characterized by a mixture of old and newer developments which tends to turn off many luxury waterfront buyers. Some homogeneous areas offer opportunities in the $750k to $3.5m for canal or Intracoastal homes.
Oceanfront residences are typically priced in the $2m to $10m range.
Luxury waterfront condos include Claridge, Luna Ocean Residences, Riverside Grande, and Sonata Beach Club. Typical prices are in the $600k to $1m.
Other South Florida communities offering Oceanfront and Intracoastal Estates include Palm Beach, Manalapan, Delray Beach, Highland Beach, Boca Raton, Hillsboro Beach (Hillsboro Mile), Fort Lauderdale, and Golden Beach.
Visit www.EliteWaterfront.com for current Waterfront homes and condos Sales and Listings.
Selling the Best Waterfront Homes and Condos from Palm Beach to South Beach
Ben Giordano, MBA, MILHM, CDPE, REOS, Realtor®
Waterfront Specialist with Realty Associates
Ocean, Intracoastal, and Canal Homes and Condos in the Following Coastal Cities:
Palm Beach, Manalapan, Delray Beach, Highland Beach, Boca Raton, DeerfieldBeach, Lighthouse Point, Hillsboro Beach, Pompano Beach, Lauderdale by the Sea, Fort Lauderdale, Hollywood, Hallandale Beach, Golden Beach, Sunny Isles Beach, Bal Harbour, Surfside, Miami Beach, and South Beach.
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Today's Quiz . . .
Palm-Aire's Palms Championship Course is
A. IN TERRIFIC CONDITION
B. NOW OPEN 7 DAYS A WEEK
C. JUST $22 ON WEEKDAYS (Limited-time special)
D. ALL OF THE ABOVE
The correct answer is D - all of the above.
With the majority of the clubhouse remodeling complete,
we'd like to re-introduce South Florida to this hidden gem
of a golf course with this limited-time golf preview:
$22 weekdays / $35 weekends
During this promotion, Palm-Aire & PACC Card
members will enjoy additional discounts.
Must present coupon. Cart included. Add 6% sales tax. Good for
up to 4 players. Not valid with other offers. Valid thru 10-30-09.
FLORIDA RESIDENT RATES ALSO AVAILABLE
FOR OAKS, CYPRESS & SABALS!
Call (954) 975-6244 for Tee times.
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Recently Normiz Realty was purchased and transferred to Wieder Realty, Inc.
Both locations are still open and fully operational. Now we have 24 Realtors selling the Palm-Aire/Cypress Bend area.
Our Normiz-Wieder office is located 1221 S Powerline Road, next to the Bagel Snack restaurant and can be reached at 954-979-9788 and 800-962-9788.
Our Wieder East office is still located at 900 S Powerline Road, between Walgreens and the Isle Casino & Racetrack. The office phone numbers are still 954-978-8300 and 888-658-1745.
Statistics from the MLS show that the two Wieder Realty offices have sold the most property within the last 90 days as well as have the most property listed within the area compared to any other brokerage.
With over 20 years of experience Wieder Realty is your best source of information when it comes to Palm-Aire and Cypress Bend properties and the surrounding areas of Pompano Beach & Fort Lauderdale. Call us at 888-658-1745 or email us at Info@Palm-Aire.com for real estate questions and to view properties for sale and for rent.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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