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Gene Allen Realtor Hampton Roads Real Estate

Homebuyer Tax Credit Has Been Extended and Expanded for Portsmouth

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.

Virgina Beach School Maintenance Division Breaks Wind

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.

Gene Allen Virginia Beach Va

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.

Park Place in Norfolk Opens New Condominiums

Park Place in Norfolk opens new condominiums at 200 W 31st St. Metro Housing Group has partnered with Norfolk Redevelopment and Housing Authority to take the once abandoned building and renovate it. The apartment building is now a condo building and you can purchase one these starting at just $149,900. There are two and three bedroom units with 10 foot high ceilings, state of the art security entry system, oak floors and new appliances. Call me if you want to check them out.

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.

Shotgun Training for Suffolk Citizens

There is a new shotgun training center for Suffolk citizens. Where can you go to learn how to use your new shotgun and make sure it is working great? You can carry yourself on down to Moyock to the U.S. Training Center. They teach handgun, shotgun and carbine. This used to be the Blackwater center but a new name change for Blackwater (Xe) has resulted in a new name and mission for the training center. They now are training civilians.

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.

Sunset in Virginia Beach

I took this photo a while back thought I would share it as I don't if we will get any good sunsets in Virginia Beach over the Oak Springs subdivision for a while.

Gene Allen Virginia Beach Va

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.

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