The Senate voted on Wednesday to extend the first time home buyer tax credit and today the bill will go to the House for a vote. I am keeping my fingers crossed that this bill passes, which will mean first time home buyers and NOW repeat buyers will qualify for great tax credits in teh end of 2009 and into 2010!
Some of the details are as follows : first-time homebuyers will still get up to $8,000 if they are under contract by 4/30/2010 and close by 6/30/2010. In addition, buyers who have owned their current home for at least 5 years will qualify for up to $6,500!
This credit will be available for the purchase of primary residences of $800,000 or less and the income restrictions have been changed to $125,000 for single filer and $225,000 for joint filers.
More details to follow, I'm keeping my fingers crossed that this will be extended into 2010! If you are interested in buying or selling in the Kansas City area, then Come To Papa For All Your Real Estate Needs!
Brad Papa
http://www.PapasInTheHouse.com
After almost six years with RE/MAX State Line, Kansas City real estate agent, Brad Papa is making the switch to Realty Executives of Kansas City. This exciting change means a new e-mail address and a new company name, but the SAME excellent service.
Contact Brad Papa and start realizing your real estate goals!
Brad Papa
Realty Executives of Kansas City
11401 Ash
Leawood, KS 66211
http://www.PapasInTheHouse.com
Realty Executives International, Inc. is one of the fastest-growing real estate franchises in the United States, with more than 14,000 sales associates and over 760 franchises. The Phoenix-based, privately held company has offices in the United States, Canada, South Africa, Mexico, Thailand, Singapore and more. Publications such as Entrepreneur, Success and Inc. magazines have recently ranked Realty Executives International as a leader in the real estate industry based on franchise growth, management stability and financial soundness. For additional company information visit www.realtyx.com or www.realtyexecutives.com.
Is the $8,000 tax credit not enough incentive to move out of your apartment and into your own home? Well here are a few more reasons that you should contact Brad Papa at bradleypapa@remax.net today and start the process of becoming a homeowner in 2009.
1. Get any size dog you want
2. No restriction on outdoor grilling
3. No servicemen with free access to your property
4. Quiet living - no noisy upstairs neighbors
5. No fighting for a parking spot
6. No annual rent increases (with fixed rates)
7. No more lugging your clothes to the laundromat
8. Paint and decorate how you want
9. Update your appliances to what you want
10. No more hauling groceries up three flights of stairs
According to the Kansas City Star Dollars and Sense blog, Vivino will be no more in the Power and Light district. They plan to change the menu and the overall restaurant concept to New York style pizzas. The restaurant was only open two years and had already undergone a menu change, but this is more aggressive.
Honestly, I ate at Vivino once about a year ago and haven't returned. I felt the portions were small for an Italian restaurant and the food was very average. If I want Italian I much prefer Carmen's in Brookside, Garozzo's or Lidia's in the Crossroads.
I am looking foward to see the new concept opening in approximately two months though!
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