Dennis Foley

WESTERVILLE, OH / POLARIS AREA HOMEBUYER SEMINAR

FREE HOMEBUYER SEMINAR - LEARN FROM AREA EXPERTS IN A RELAXED, NO-PRESSURE ENVIORMENT

* LEARN ABOUT THE 2009 TAX CREDIT THAT IS AVAILABLE TO 1ST TIME BUYERS AND HOW IT WORKS (THIS IS A FANTASTIC THING FOR BUYERS)

* HOW TO OBTAIN THE LOWEST INTEREST RATE (DOES 4% SOUND GOOD?)

* LOCATING THE BEST DEALS IN THE BEST AREAS

* 5 HUGE MISTAKES BUYERS MAKE EVERYDAY AND HOW TO AVOID THEM

* BUYING FORECLOSURES AND BANK OWNED HOMES

* HOW TO PURCHASE NEW HOMES WITH NO DOWN-PAYMENT

SEMINAR WILL BE AT THE WESTERVILLE COMMUNITY CENTER ON FEB 26. SEATING IS LIMITED AND RESERVATIONS ARE REQUIRED....PLEASE RSVP TO 614-895-4637 (24 HOUR VOICEMAIL)

****PLEASE MENTION YOU "SAW IT ON CRAIGSLIST" WHEN CALLING.

FOOD AND BEVERAGES PROVIDED FROM AREA RESTUARANT.

Dennis Foley

Re/Max Impact

FREE HOMEBUYER SEMINAR - LEARN FROM AREA EXPERTS IN A RELAXED, NO-PRESSURE ENVIORMENT

* LEARN ABOUT THE 2009 TAX CREDIT THAT IS AVAILABLE TO 1ST TIME BUYERS AND HOW IT WORKS (THIS IS A FANTASTIC THING FOR BUYERS)

* HOW TO OBTAIN THE LOWEST INTEREST RATE (DOES 4% SOUND GOOD?)

* LOCATING THE BEST DEALS IN THE BEST AREAS

* 5 HUGE MISTAKES BUYERS MAKE EVERYDAY AND HOW TO AVOID THEM

* BUYING FORECLOSURES AND BANK OWNED HOMES

* HOW TO PURCHASE NEW HOMES WITH NO DOWN-PAYMENT

SEMINAR WILL BE AT THE WESTERVILLE COMMUNITY CENTER ON FEB 26. SEATING IS LIMITED AND RESERVATIONS ARE REQUIRED....PLEASE RSVP TO 614-895-4637 (24 HOUR VOICEMAIL WITH INSTRUCTIONS)

****PLEASE MENTION YOU "SAW IT ONLINE" WHEN CALLING.

FOOD AND BEVERAGES PROVIDED FROM AREA RESTUARANT

How to contribute to Toys for Tots.

Step 1

Donate new, unwrapped toys to your local U.S. Marine Corps Reserve Unit, or drop them off at a local business that has volunteered to collect them.

Step2

Order new toys online at eToys.com, which will deliver them to Toys for Tots.

Step3

Contribute your time and services to the cause by coordinating collection sites at your workplace or a nearby warehouse or providing transportation services or media exposure.

Step4

Donate money by sending a check to Marine Toys for Tots Foundation, P.O. Box 1947, Marine Corps Base, Quantico, VA 22134.

Year-Round

Step1

Sponsor or initiate fund-raising events such as walkathons, golf tournaments and car washes that are held throughout the year.

Step2

Purchase Toys for Tots phone cards or the series of Charleston Mint limited-edition ornaments. (See the Related Site "Toys for Tots - How You Can Help.")

Step3

Look for discounts and rebates that benefit both you and Toys for Tots.

GET INVOLVED!

Step1

Volunteer at a local soup kitchen. You will find this to be more rewarding than you think. Most cities, even smaller ones, have at least one place for those less fortunate to get a hot meal. It will only take you a few hours to help out other people.

Step2

Ask your boss if you can place a donation box in your building. You can mix it up and spread out the help to different charities. Perhaps you could do a toy drive around Christmas time, or ask for donations of winter apparel in the fall. Clothing and food would be good year round items to collect.

Step3

Don't toss out your old clothes! Give them to a local church to hand out to those who are in need. Your area may also have a St. Vincent thrift shop or other store that donates to charity. Women's shelters are also generally in need of clothing. Victims of domestic abuse often show up at the shelter with only the clothing on their back. If you want to be certain your clothes will be put to good use, give them to someone you know that could use them, but may not be able to afford them.

Step4

Ring the bell for the Salvation Army. It won't cost you anything and you'll meet lots of people. Help our Veterans sell poppies for a day or two. Offer to sell Lyons Club mints. You get the picture.

Step5

Make a donation to your local food shelter. If you have food that you probably won't use, do not toss it out, give it to someone that needs it. Creamed corn may not be on your table, but many would welcome it. Food is very scarce for many people.

Step6

Offer your services as a tutor or volunteer assistant at your school during special events. If your kids go to the school it's an added bonus, more time with them never gets old.

Step7

If your a deer hunter, donate a deer to Project Venison. The food is distributed to food shelters. There are many different programs out there, just check around.

Step8

Be a mentor to a child, KINSHIP. This is a wonderful program. The rewards are incredible. Your local Boys and Girls club could also use your help. Step9In many areas, the Boy Scouts accept donated aluminum cans. In your area other groups may be collecting the cans, but the idea remains the same.

Remember to always pay it forward freely........never expect something back. That's what it means to GIVE.

These are just a few ideas of how you can contribute for free to help others in need.

Happy Holidays!

Dennis Foley

6 Key Facts About the First-Time Buyer Tax Credit

The $7,500 home ownership tax credit that the federal government created earlier this year as part of the Housing and Economic Recovery Act (H.R. 3221) is another tool at your disposal to jump off the fence and get into the real estate market.

When you combine the tax credit with today's low interest rates, wide selection of for-sale inventory, and affordable home prices, many of the pieces are in place for you to buy now. But tax credits can be confusing. To help you understand how the credit works and why it would help, here are the details.

1. Buyers have until July 2009 to make a purchase that qualifies.

The tax credit was passed in July of this year as part of the Housing and Economic Recovery Act (H.R. 3221). It's worth up to $7,500 and can be taken in a single tax year. Authorization for the credit ends July 1, 2009, so if you wait to buy in the first half of 2009 you can take the credit on your 2009 tax return. Taxpayers can take the credit on their 2008 tax return if they bought their house this year after April 9.

2. Buyers don't really have to be "first-timers."

The tax credit is actually available to any individual or household that hasn't owned a home for at least three years. And the NATIONAL ASSOCIATION OF REALTORS® has asked Congress to expand the credit to all buyers, not just those who haven't owned a primary residence in recent years.

3. Even if buyers exceed the income limit, they can benefit from the credit.

The actual credit amount is set as a percentage of the home purchase amount. That percentage amount is 10 percent, so you can get 10 percent of the home price credited against your tax liability, up to a maximum $7,500. Sounds like a great deal. But what if you make more money than the income limit of $75,000 for individuals and $150,000 for households? Good news: Individuals whose income exceeds the $75,000 limit but don't make more than $95,000 can still take the credit but on a reduced basis. The same thing applies to households earning up to $170,000. By the way, any house is eligible as long as it's a primary residence and is in the United States.

4. Think of it as an interest-free loan.

The federal government requires the tax credit to be paid back in small, 6.67-percent increments over 15 years, although repayment will be no more than $500 yearly and payments will not start until 2011. For that reason, some analysts have likened the credit to a 15-year, interest-free loan to help make home buying affordable. NAR is pushing congress to remove the repayment provision, making this tax credit a true tax credit rather than an interest-free loan.

5. You don't have to be authorized before making a home purchase.

There is no pre-purchase authorization, application, or other approval process. Eligible buyers simply have to claim the credit on their IRS Form 1040 tax return and/or any form that the IRS might devise.

6. New-home construction qualifies.

For a home that a buyer constructs, the purchase date is the first date the buyer occupies the home.However, any home that is not a primary residence, such as a vacation home or income property, does not qualify.

If you have any additional qestions feel free to call me at 614-523-1000 or 614-212-1026