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Catherine McKendry, Realtor Associate

Mortgages-HOUSING AND ECONOMIC RECOVERY ACT OF 2008-First Time Home Buyers Program

Real Estate Blog for Catherine McKendry, Turnersville, NJ

Catherine McKendry

Your Agent Connection

Catherine McKendry
Weichert Realtors
5070 Route 42
Turnersville, NJ 08012
Office: 856-404-5222
Mobile: 856-404-5222
Email: Catherine McKendry
My Website

Have a Real Estate Question for Catherine? E-Mail me at : CMCKSALES@AOL.COM

Mortgages-HOUSING AND ECONOMIC RECOVERY ACT OF 2008

September 06, 2008 Guidelines for Recovery Act 2008 for First Time Home Buyers
Catherine McKendry
Weichert Realtors
856-404-5222

HOUSING AND ECONOMIC RECOVERY ACT OF 2008

First-time Homebuyer Tax Credit
FEATURE H.R. 3221

Housing and Economic Recovery Act of 2008
Amount of Credit Ten percent of cost of home, not to exceed $7500
Eligible Property Any single-family residence (including condos, co-ops) that will be used as a principal residence.

Refundable Yes. Reduces income tax liability for the year of purchase. Claimed on tax return for that tax year.

Income Limit Yes. Full amount of credit available for individuals with adjusted gross income of no more than $75,000 ($150,000 on a joint return). Phases out above those caps ($95,000 and $170,000, respectively).

First-time Homebuyer Only Yes. Purchaser (and purchaser's spouse) may not have owned a principal residence in 3 years previous to purchase.
Recapture Yes. Portion (6.67 % of credit) to be repaid each year for 15 years. If home sold before 15 years, then remainder of credit recaptured on sale.
Impact on District of Columbia Homebuyer Credit DC credit not available if purchaser uses this credit.

Effective Date Purchases on or after April 9, 2008
Termination July 1, 2009
Interaction with Alternative Minimum Tax Can be used against AMT, so credit will not throw individual into AMT.

If you have any questions and are interested in a home purchase please call me at 856-404-5222 to set up an appointment to discuss financing of your new home.

Or E-mail me at CMCKSALES@AOL.com

Tax Credit Seminar for First Time Home Buyers !!!! $7,500.00 Call me Today 856-404-5222

Special Company Wide Seminar "Understanding the Incentives,"

September 2oth , 2008

Weichert Realtors Invites all First Time Home Buyers, please call me at 856-404-5222 to reserve a seat.

You must make a reservation !!!!

************ SEATING IS LIMITED **************

You can also register on line - To Register e-mail you information as follows to : CMCKSALES@AOL.COM

Make sure you include the following:

Name

Address and County

Day or evening phone number


on Sept. 20th , 2008

The recently passed tax credit for first-Special Company-Wide Seminar for First Time Home Buyers
on Sept. 20, 2008

Seating is limited so call me today at 856-404-5222 for dates, locations and times

First time Home buyers this presents an excellent opportunity for those looking to make their dreams of home ownership a reality. Nonetheless, many first-time buyers might be unsure how the tax credit works. Weichert, Realtors wants to help prospective first-time buyers understand the advantages of the $7,500 tax credit and capitalize on this financial incentive.

On Saturday, Sept. 20, at 11 a.m., Weichert, Realtors will host tax credit seminars for first-time buyers in every company-owned and franchised office. Titled "Understanding the Incentives," the seminar is designed to educate first-time buyers on the specifics of the tax credit, the financial advantages of home ownership and why experts believe that now is a great time to buy a home. In addition, a tax expert will be present to answer questions.

The first-time buyer tax credit only applies to purchases closed by June 30, 2009. Seize the opportunity and invite all your first-time buyers to this free, no-obligation special seminar.

I would hope you all could take advantage of this seminar and look forward to meeting all who call or e-mail me. Below I have my e-mail address for you to send me your questions and to schedule wiith me a confirmation that you will attend this offer for first time home buyers.

Thanks

Catherine McKendry

Weichert Realtors

Turnersville New Jersey 08012

E-mail CMCKSALES@AOL.COM

Cell: 856-404-5222

First time Home Buyers Seminar "Free" Topic is -New Tax Credit for first time Home Buyers

Special Company-Wide Seminar-----"Understanding the Incentives,"
on Sept. 20 2008

The recently passed tax credit for first-Special Company-Wide Seminar for First Time Home Buyers
on Sept. 20

Seating is limited so call me today at 856-404-5222 for dates, locations and times

First time Home buyers this presents an excellent opportunity for those looking to make their dreams of home ownership a reality. Nonetheless, many first-time buyers might be unsure how the tax credit works. Weichert, Realtors wants to help prospective first-time buyers understand the advantages of the $7,500 tax credit and capitalize on this financial incentive.

On Saturday, Sept. 20, at 11 a.m., Weichert, Realtors will host tax credit seminars for first-time buyers in every company-owned and franchised office. Titled "Understanding the Incentives," the seminar is designed to educate first-time buyers on the specifics of the tax credit, the financial advantages of home ownership and why experts believe that now is a great time to buy a home. In addition, a tax expert will be present to answer questions.

The first-time buyer tax credit only applies to purchases closed by June 30, 2009. Seize the opportunity and invite all your first-time buyers to this free, no-obligation special seminar.

I would hope you all could take advantage of this seminar and look forward to meeting all who call or e-mail me. Below I have my e-mail address for you to send me your questions and to schedule with me a confirmation that you will attend this offer for first time bome buyers.

Thanks

Catherine McKendry

E-mail CMCKSALES@AOL.COM

Cell: 856-404-5222

Gloucester County New Jersey -Great Facts about the County I work and Live !!

Gloucester County New Jersey

Facts you may not have know


Information for Buyers

Gloucester County

Gloucester County

Did you know?

  • The C. A. Nothnagle Log Cabin in Gibbstown is the oldest surviving log cabin in America.

  • Great Egg Harbor and River were named by Dutch explorer Cornelius Mey in 1614 because the meadows surrounding the inlet were so thickly covered with waterfowl eggs that he called it "Eyren Haven" or Egg Harbor.

County Profile

Quality of life is one of the primary reasons people choose to live, work and raise a family in Gloucester County, located in southwest New Jersey. The county is one of the fastest growing regions in New Jersey but has balanced growth with leadership in land preservation, having permanently preserved over 14,000 acres of farmland and open space.

The traditional strengths of the county - manufacturing, professional and technical services - continue to fuel growth. In addition, through the county's partnership with Rowan University, significant opportunities exist to expand the technology sector of the county's economy through development of the South Jersey Technology Park. The New Jersey Department of Labor projects that over the next several years Gloucester County will be the South Jersey regional employment growth leader.

Housing stock in the county is diverse. One can find new contemporary homes in Woolwich, Harrison and Logan townships and settled suburbs in Washington Township, Deptford and West Deptford. Paulsboro is a riverfront community and historic homes can be found in Woodbury, Wenonah, Pitman and Mullica Hill.


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Sewell New Jersey 5 bedroom Home Reduced

Catherine McKendry | Weichert Realtors Turnersville | cmcksales@aol.com | 856-404-5222
7 Aintree Walk, Sewell, NJ
Open House June 22nd 2008 from 1-3 PMSurrey Lake Estates Cul-de-sac location fully fenced yard.Full finished basement with media area,5th bedroom,2nd
5BR/2.5BA Single Family House
offered at $419,900
Year Built 2000
Sq Footage 3,800
Bedrooms 5
Bathrooms 2 full, 1 partial
Floors Unspecified
Parking 2 Car garage
Lot Size 15,318 sqft
HOA/Maint $0 per month

DESCRIPTION

Surrey Lake Estates-Providence model with 3800Sq.Ft. of living space on a cul-de-sac.From the time you enter into you Grand 2 story foyer ,front solid oak stairs you know this is your home. Bruce Hardwood fl in foyer,living rm,dining room and study areas.You can entertain with ease in the flowing floor plan.Crown molding and chair rails,recessed lighting and 9 foot cielings just to name a few.In your chef's delight kitchen you have a pantry,center island ,ceramic tile flooring and 42 in Cabinets,recessed lighting and sliders that lead to the large deck .EP henery patio and fenced rear yard.Fam room has second stair case , vaulted ceilings,marble fireplace(gas) and recessed lighting new berber carpet.Separate Laundry/mud room off the garage entrance.Master has walk-in-closet for her and a closet for him, sitting area and garden tub and full shower.This home has a true full basement that is all refinished with a media area w/bar,another fam area and 5th bedroom with closet and storage.To many extras to mention.

see additional photos below
PROPERTY FEATURES

Central A/C Central heat Fireplace
High/Vaulted ceiling Walk-in closet Hardwood floor
Tile floor Family room Living room
Bonus/Rec room Office/Den Dining room
Breakfast nook Dishwasher Refrigerator
Stove/Oven Microwave Attic
Basement Washer Dryer
Laundry area - inside Balcony, Deck, or Patio Yard

COMMUNITY FEATURES

Garage parking Storage space(s)


OTHER SPECIAL FEATURES

Hardwood floors in living room,dining room and first floor study

ADDITIONAL PHOTOS

Seller contact info:
Catherine McKendry
Weichert Realtors Turnersville
856-404-5222
For sale by agent/broker

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Posted: Jun 18, 2008, 8:21am PDT