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Get Your TAX CREDIT Buy Today!!!
Bringing the Dream of Homeownership Within Reach
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:
Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream.
Who Qualifies for the Extended Credit?
To qualify as a “first-time home buyer” the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase.
If you or your client purchased a home between January 1, 2009 and November 6, 2009, please see: 2009 First-Time Home Buyer Tax Credit.
The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.
The maximum allowable credit for first-time home buyers is $8,000.
The maximum allowable credit for current homeowners is $6,500.
Each home buyer’s tax credit is determined by tow additional factors:
Price
Under the Extended Home Buyer Tax Credit, credit may only be awarded on homes purchased for $800,000 or less.
Buyer Income
Under the Extended Home Buyer Tax Credit, which is effective on November 7, 2009, single buyers with incomes up to $125,000 and married couples with incomes up to $225,000—may receive the maximum tax credit.
These income limits have changed from the 2009 First-Time Home Buyer Tax Credit limits. If you or your client purchased a home between January 1, 2009 and November 6, 2009, please see 2009 First-Time Home Buyer Tax 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.
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.
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.
Source: National Assocation of Realtors
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Lovely home for sale in Vintner’s Crossing. Open & airy, this elite,upscale home, reduced to $269,900/a rare find.Gas light at entry brings you into a formal foyer area w/great lighting,two wood/glass doors,formal DR w/butlers pantry/china closet,awesome wet bar w/icemaker,huge great room w/FP & built-in cabinets,glass doors going onto patio.Fully equiped kitchen w/SS appliance,oversized granite island, numerous cabinets & shelving, hearth room w/brick FP,laundry rm w/sink, shelves,broom closet,huge master w/dual vanities,jacuzzi tub,walkin closet,C-fans thruout,walk in closets & c-fans in BR 2&3, too many extra’s to mention;2 toned designer scored flooring in living area & kitchen, plush carpet only in bedrooms.
$269,900
Ready to make the move to Brandon, MS? We have several Homes for Sale in Madison MS, Brandon MS, and Ridgeland MS. Search the local MLS for 1000’s of homes in the Jackson, MS Metro area.
If you’re Relocating to Brandon MS or live in this area and would like to view some of the homes currently listed on the market call Herrington Realty Co. today at 601-977-1114 .
Looking for a home on the Reservoir? You will find everything you want in the Brandon MS area. The City of Brandon MS is a great place to live and is served by the Rankin County School District
Brandon High School (Grades 9-12)Brandon Middle School (Grades 6-8)Brandon Elementary School (Grades 3-5)Rouse Elementary School (Grades K-2)
New subdivisions, restaurants, shopping centers and car dealerships are popping up quickly. Searching for something to do should not be a problem; Brandon MS has many lakes, golf courses, shopping centers, martial art studios, gyms, churches, parks, live theater, and many annual events.
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The Home Builders Association of Jackson will showcase their members' craftsmanship this weekend during the Fall Parade of Homes. Homes are available for viewing Saturday and Sunday (October 24-25) from 1-5 p.m.

126 Huntington View, Brandon, MS 39047
New homes throughout Hinds, Madison, and Rankin counties will be on tour. Click on this link for a map and list of properties.
Prices start in the mid $150s.
Photo compliments of Deep South Custom Homes
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Yesterday I was updating a client of mine from Mississippi (who saw my ActiveRain blog on Mississippi Credit Repair and subsequently hired me)! First thing we did was to obtain a copy of her credit profile. This woman had 39 derogatory items on the three credit bureaus. I took her on as a client. Today, 120 days later, she is down to 11 items with Trans Union, 13 with Experian, and 11 with Equifax. We are not even done with her yet! We are continuing to work on correcting her credit. I should mention that we also helped her to establish 3 new pieces of revolving credit!
Thanks to the powers of the internet and specifically the powers of the ActiveRain Blog, this woman is on her way to rebuilding her financial future!
:)
Matt
Toll Free: 888-NCFIXER (623-4937)
Toll Free Fax: 888-FAX-4020 (329-4020)
Local: 860-282-6181
330 Roberts Street 4th Floor
East Hartford, CT 06108
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Rankin County's 29th Annual Muscadine Jubilee is set to kick off this Saturday with good times, good food, good tunes and, of course, the Grape Stomp. The all day even, held in Pelahatchie's Muscadine Park promises a full day of fun in the perfect backdrop of small-town Mississippi charm. Therefore, we thought it important to share this information in our blog for locals and visitors so no one will miss this great event.
The Muscadine Jubilee kicks off at 10:00 a.m. with a traditional opening ceremony. Other events begin at 10:30 a.m. Musician lineup is said to include Kali Russell, Dave's Highway, Jeff Maddox, Crossin' Dixon and Neil McCoy.
Along with good music, there will also be arts and crafts booths and many games for children. Other fun activities will include a petting zoo, pony rides, inflatables, train rides and games.
Rankin County, Mississippi politicians will go toe-to-toe at noon in the traditional Grape Stomp competition. The one who makes the most grape juice by stomping a bucket of grapes barefoot will win an engraved wine cooler.
The Grape Stomp lineup will include Congressman Gregg Harper, Transportation Commissioner Dick Hall, Tax Assessor John Sullivan and State Representative Mark Baker, which sounds like an interesting combination of politicians. This just might turn out to be the most popular event of the day to attend.
The best part about the event is that it's affordable for the entire family. Children 6 and younger get in for free and everyone else gets in for only $2. The expected turnout for the event is between 3,000 and 4,000 people, making it a great opportunity to get out and meet new people.
Realtors® Mary & Bill Watkins ~ Jackson, Mississippi Real Estate
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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