Gene Allen Realtor Hampton Roads Real Estate

The Homebuyer Tax Credit has extended and expanded for Virginia Beach residents. It has been extended to include current homeowners. The following are features of the new bill:

•·Deadline for current credit is November 30, 2009.

•·Deadline for new and improved credit is April 30, 2010, as long as the home is under contract by that date; deal must close within 60 days.

•·Eligibility and amount of new credit:

•-$8,000 for first-time homebuyers (those who have not owned a home in the last three years).

•-Up to $6,500 credit for homeowners who have lived in the home they are selling, or have sold, as a

principal residence for five consecutive years in the past eight.

•·Buyers with income exceeding $125,000 for single and $225,000 for married couples are not eligible.

•·Homes valued at more than $800,000 are also ineligible.

The pool of eligible buyers will increase and the program will be in place through the first half of 2010.

IF YOU THOUGHT THAT WINTER TIME WAS A SLOW TIME OF YEAR TO LIST YOUR HOME YOU MAY BE IN THE WRONG BALLPARK THIS YEAR. IF YOU ARE ON THE FENCE ABOUT LISTING YOUR HOME AND HAVING IT SOLD, NOW IS THE TIME TO GET OFF THE FENCE AND GIVE ME A CALL!!! DON'T LET THE BUYERS BUY YOUR NEIGHBORS HOUSE.

http://www.geneallen.com Come and see ALL the Homes for Sale in Virginia Beach, Chesapeake, Norfolk, as well as the rest of Hampton Roads. This site is updated daily with new real estate listings, pictures and other information vital to your home search.

The Homebuyer Tax Credit has extended and expanded for Suffolk residents. It has been extended to include current homeowners. The following are features of the new bill:

•·Deadline for current credit is November 30, 2009.

•·Deadline for new and improved credit is April 30, 2010, as long as the home is under contract by that date; deal must close within 60 days.

•·Eligibility and amount of new credit:

•-$8,000 for first-time homebuyers (those who have not owned a home in the last three years).

•-Up to $6,500 credit for homeowners who have lived in the home they are selling, or have sold, as a

principal residence for five consecutive years in the past eight.

•·Buyers with income exceeding $125,000 for single and $225,000 for married couples are not eligible.

•·Homes valued at more than $800,000 are also ineligible.

The pool of eligible buyers will increase and the program will be in place through the first half of 2010. This is a very positive event for home buying and the Real Estate industry!

http://www.geneallen.com Come and see ALL the Homes for Sale in Virginia Beach, Chesapeake, Norfolk, as well as the rest of Hampton Roads. This site is updated daily with new real estate listings, pictures and other information vital to your home search.

The Homebuyer Tax Credit has extended and expanded for Chesapeake residents. It has been extended to include current homeowners. The following are features of the new bill:

•·Deadline for current credit is November 30, 2009.

•·Deadline for new and improved credit is April 30, 2010, as long as the home is under contract by that date; deal must close within 60 days.

•·Eligibility and amount of new credit:

•-$8,000 for first-time homebuyers (those who have not owned a home in the last three years).

•-Up to $6,500 credit for homeowners who have lived in the home they are selling, or have sold, as a

principal residence for five consecutive years in the past eight.

•·Buyers with income exceeding $125,000 for single and $225,000 for married couples are not eligible.

•·Homes valued at more than $800,000 are also ineligible.

The pool of eligible buyers will increase and the program will be in place through the first half of 2010. This is a very positive event for home buying and the Real Estate industry!

http://www.geneallen.com Come and see ALL the Homes for Sale in Virginia Beach, Chesapeake, Norfolk, as well as the rest of Hampton Roads. This site is updated daily with new real estate listings, pictures and other information vital to your home search.

The Homebuyer Tax Credit has extended and expanded for Portsmouth residents. It has been extended to include current homeowners. The following are features of the new bill:

•·Deadline for current credit is November 30, 2009.

•·Deadline for new and improved credit is April 30, 2010, as long as the home is under contract by that date; deal must close within 60 days.

•·Eligibility and amount of new credit:

•-$8,000 for first-time homebuyers (those who have not owned a home in the last three years).

•-Up to $6,500 credit for homeowners who have lived in the home they are selling, or have sold, as a

principal residence for five consecutive years in the past eight.

•·Buyers with income exceeding $125,000 for single and $225,000 for married couples are not eligible.

•·Homes valued at more than $800,000 are also ineligible.

The pool of eligible buyers will increase and the program will be in place through the first half of 2010. This is a very positive event for home buying and the Real Estate industry!

http://www.geneallen.com Come and see ALL the Homes for Sale in Virginia Beach, Chesapeake, Norfolk, as well as the rest of Hampton Roads. This site is updated daily with new real estate listings, pictures and other information vital to your home search.

The Virginia Beach School districts maintenance division will soon break wind. They are building a new facility on Harper's Road that will feature four wind turbines. This will be a $20 million dollar 84,000 sq ft facility that will house the offices of the transportation personnel and buses. The facility will be called the Pupil Transportation Facility.

In addition to the wind turbines, the building will be naturally lighted and cooled, have a geotherma/solar heating and a grass covered roof. In addition to all the new green stuff, there will be updated and modern equipment for the maintenance personal.

http://www.geneallen.com Come and see ALL the Homes for Sale in Virginia Beach, Chesapeake, Norfolk, as well as the rest of Hampton Roads. This site is updated daily with new real estate listings, pictures and other information vital to your home search.