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John Elwell

Latest News About the Extended & Expanded Home Buyer Tax Credit You May Qualify For

11-14-09
John Elwell
As many of you know, the tax credit that has been in place for most of 2009 has now been extended into the first part of 2010 (2011 for some active servicemen/women, intelligence personnel, and foreign service workers). It has also been expanded so that now persons who currently own a home may benefit from the credit if they meet certain criteria.
 
Keep in mind that the tax credits are maximums and depending on how much you pay to buy your next home, you may not get the full credit. Many of the papers on this subject say "up to $8,000" etc. So keep that in mind.
 
My suggestion is that you check out the following link that was provided by the National Association of REALTORS (NAR) that has lots of good information about the program. To go to this page, just: CLICK HERE
 
You can also download a comparison chart that you might find useful. Just click on this link: Download Tax Credit Comparison Chart
 
Again, keep in mind that the tax credit amounts they mention are maximums. If you buy a more modest home you may get a smaller credit.
 
Then, if you are considering going for the tax credit, speak with your personal tax expert, CPA or even the Internal Revenue Service to determine IF you qualify and for HOW MUCH? They can advise you best.
 
If I can be of further assistance, do not hesitate to contact me. You can call me at: 813-783-4444 or e-mail me at: jelwell1@tampabay.rr.com

Successful Easter Seals Yard Sale at CENTURY 21 Bill Nye Realty, Inc. in Zephyrhills, FL

11-14-09
John Elwell

PB140559
Almost every year our company holds a massive yard sale to benefit Easter Seals and the good work that they do for so many. We take in donations from our employees, agents and the community-at-large, and thus have a huge selection of items for people to pick through. Since autumn weather in Florida is wonderful, we always have a large turn-out. It also helps that a lot of the 55+ communities nearby also have community-wide sales at the same time. Lots of buyers make a day of it and visit as many sales as they can. And let's face it, there are some deals to be found!

So thank you to all who contributed and all who stopped by to find a treasure or two!

Click on any picture below to see a larger version!

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Should You Buy a Home or Continue Renting One? The Benefits of Purchasing!

11-11-09
John Elwell

En Venta - Cartel Sometimes it is better to rent a place to live in rather than to buy one.En Alquiler -Cartel Perhaps you will only be in a location for a short period of time and buying a home would not make sense. Maybe you do not have the time, interest or funds that are necessary to maintain a home. If you are not into mowing a lawn, painting a house from time-to-time, or doing ordinary upkeep on a house you might want to keep renting. Or you may need to wait a while until you have the needed funds to allow you to cover the closing costs of a home purchase. These can all be valid reasons for either choosing to rent or to at least defer the purchase of a home.

Sometimes renting does make sense. Each person's situation can be very different from another's. As a former teacher we used to say that everyone should go to college. While I still think all should have the opportunity to attend a university, some people will do better in a field that does not require a degree. Someone who enjoys working with his or her hands may like carpentry. So why not do what they enjoy?

Now, back to houses, and renting versus buying. In most cases, financially, it is better to own a home. Especially if you can purchase that home when circumstances make the deal even "sweeter". For example, right now we have the following forces in place that make it a good time to buy:

  • An expanded tax credit that helps first-time home buyers, and now even offers benefits to current homeowners who want to change residences. We are talking of thousands of dollars here!
  • Historically low interest rates that we may not see again for years to come.
  • Homes prices that are at bargain levels! I am not speaking of just the foreclosures, but also conventional resales and new construction. All are drastically cheaper than they were just a few years ago.

These items are aligning like the stars to make for a perfect time for many people to jump off the fence and buy a home.

For more information, the National Association of REALTORS (NAR) has provided me with the following brochures. They are identical, but in different formats. One is a two-page set-up and the other on 5 pages. They are Adobe PDF files, so open each and review them. Then print up the one that you like the best. For the 2 page brochure, click here: Download Buy VS Rent 2 Page Form  For the 5 page format, click here: Download Buy Home VS Rent Brochure

As I said, these are identical documents, just in different formats.

If you would like more information about this topic, or you want to begin your own home search, please do not hesitate to call me at: 813-783-4444 or e-mail me at: jelwell1@tampabay.rr.com You can also visit my webpages at the following location: www.jelwell.century21bnr.com where you will also find links to many other useful sites, including my Zephyrhills Bulletin Board, a home search engine, a mortgage calculator, and more.

Zephyrhills to Host Another Saturday Nite Cruise on November 28, 2009

11-10-09
John Elwell
Ipsy
Main Street Zephyrhills, Inc. is offering another Zephyrhills Saturday Nite Cruise on November 28th from 4:00 PM to 8:00 PM. It will take place downtown near the intersection of US 301 and State Road 54 (5th Avenue).
There will be:
  • No entry fee
  • Food
  • Music
  • 50/50 Raffle
  • Door Prizes
  • Cars, Cars, and more Cars!

Sounds like a nice way to spend an autumn evening in Florida. For more information you can call: 813-780-1414 or e-mail: mszi@verizon.net You can also visit Main Street's website at: http://www.mainstreetzephyrhills.org/

Swine Flu Shots Available for Priority Groups in Pasco County, Florida on November 14, 2009

11-10-09
John Elwell
It appears that the Pasco County Health Department will be administering the Swine Flu vaccine in our county in Dade City, Land O'Lakes, and New Port Richey on Saturday, November 14, 2009.

For information about priority groups, times of clinics, locations, and costs(free I believe) you can click on the following link for complete information direct from the health department's site. You might want to bookmark it or make it a favorite so you can check in from time-to-time for other possible clinics.
 
 
You can also call them at: (727) 861-5250 ext. 225