Come visit this Open House in Federal Way, Washington! This Open House is part of the John L. Scott, First Time Home Buyer's "Affordable Home Tour" ...more dates and more homes to follow! If you are thinking of buying and are looking in the $350K and under pricing, this is your opportunity to view wonderful homes that are affordably priced.
Looking to sell your home? Please call me at 206-679-4768 so we can get your home staged, listed, and on the tour!
Julianna Hind, Realtor(R)
If you are a First Time Home Buyer in Maple Valley, Washington and surrounding areas you may want to take note of the new changes to the First Time Buyer Tax Credit. If you have already purchased your first home in 2009... Well congratulations! You may be $8000.00 richer! Now that's a handy sum! And if you haven't purchased a home yet... well you don't want to miss out on it do you?
Did you know there is even more opportunity in Maple Valley with a USDA Rural Home Loan? In certain areas --- GREAT Maple Valley Communities -- First Time Home buyers can also qualify for the ZERO Down/100& Financing USDA Rural Home Loan...
Give me, Julianna Hind a call at 206-679-4768... or call Kenton Becker, Senior Mortgage Advisor at 206.423.2552
FIRST-TIME HOMEBUYER TAX CREDIT
As Modified in the American Recovery and Reinvestment Act
Major Modifications Italicized
|
February 2009 FEATURE |
CREDIT AS CREATED JULY 2008 APPLIES TO ALL QUALIFIED PURCHASES ON OR AFTER APRIL 9, 2008 |
REVISED CREDIT - EFFECTIVE FOR PURCHASES ON OR AFTER JANUARY 1, 2009 AND BEFORE DECEMBER 1, 2009 |
|
Amount of Credit |
Lesser of 10 percent of cost of home or $7500 |
Maximum credit amount increased to $8000 |
|
Eligible Property |
Any single family residence (including condos, co-ops, townhouses) that will be used as a principal residence. |
No change All principal residences eligible. |
|
Refundable |
Yes. Reduces (or can eliminate) income tax liability for the year of purchase. Any unused amount of tax credit refunded to purchaser. |
No change Purchasers will continue to receive refund for unused amount when tax return is filed. |
|
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). |
No change Same income limits continue to apply. |
|
First-time Homebuyer Only |
Yes. Purchaser (and purchaser's spouse) may not have owned a principal residence in 3 years previous to purchase. |
No change Still available for first-time purchasers only. Three-year rule continues to apply. |
|
Revenue Bond Financing |
No credit allowed if home financed with state/local bond funding. |
Purchasers who utilize revenue bond financing can use credit. |
|
Repayment |
Yes. Portion (6.67% of credit or $500) to be repaid each year for 15 years, starting with 2010 tax filing. |
No repayment for purchases on or after January 1, 2009 and before December 1, 2009 |
|
Recapture |
If home sold before 15-year repayment period ends, then outstanding balance of repayment amount recaptured on sale. |
If home is sold within three years of purchase, entire amount of credit is recaptured on sale. Applies only to homes purchased in 2009. |
|
Termination |
July 1, 2009 (But note program changes for 2009) |
December 1, 2009 |
|
Effective Date |
Purchases on or after April 9, 2008 and before January 1, 2009. Repayment to begin for 2010 tax year. |
All revisions are effective as of January 1, 2009 |
Short Sale Class for Real Estate Agents in Renton, WA
THE REAL ESTATE MARKET HAS CHANGED AND SHORT SALES ARE HERE TO STAY. IF YOU'RE NOT PREPARED TO TAKE ADVANTAGE OF THE CURRENT MARKET BY KNOWING HOW TO WORK SHORT SALES, YOU'LL MISS OUT ON THE GREATEST REAL ESTATE MARKET IN HISTORY. "Short Sale Lunch & Learn"
Phone: 425-277-5100
Fax: 425-277-5400
E-mail:Kamran@vregroup.net or Kimberly@vregroup.net
Venture Real Estate Group
Proudly Presents:
FEBRUARY 18TH
12-2:30PM
FREE LUNCH
Class Description
• How to close a Short Sale in 60 days
• How to retain 3% commission
• Requirements of the bank, lender, and the new buyer
• Review a case study & discuss the transaction
• Distressed Property Law regarding short sales
• Sample short sale package
• Tax strategies presented by Linda Winslow, Tax Attorney and Vice President of Kingman Winslow, LLC
• Review session after class, bring files you would like to discuss with the Instructor
Short Sales can have investor clients knocking down your door! Knowing how to do short sales can be your key to opening that door. Short Sales can be a big time consumer. We put together a system so it doesn't have to be. We teach you how to choose which deals to work with and which ones to avoid.
KELLER WILLIAMS SES
560 NACHES AVE SW
#100
RENTON, WA 98055
SEATING IS LIMITED
RSVP:
Phone: 425-277-5100
E-mail: Kamran@vregroup.net or Kimberly@vregroup.net
Thank you! Julianna Hind, Keller Williams Realty
Auburn, WA www.juliannahind.com
Today at our Keller Williams Realty Team Meeting I recieved the coveted "You-are-lucky-to-have-the-BEST-CLIENTS-and-REFERRALS" AWARD! Also know as "Top Lister" ... but everyone knows, it's NOT about me... it's about the great people I know... and the ones I meet every day...
The other componant of this Award, that is not mentioned, is that I am also lucky enough to have such a great team at Keller Williams Auburn! ... And Keller Williams Realty International!!! ... These agents, this company, our CULTURE... is simply the best! Thank you for inspiring me to great things!
Julianna Hind, REALTOR® IRIS®, is dedicated to being your Real Estate and Staging Professional in the Greater Puget Sound Area.
The NAR announced today the it Backs 'HOPE For Homeowners' legislation introduced by the House Financial Services Committee. There is a huge effort to across the political platform to bring safer lender, more affordable repayment programs and all around help to American Homeowners.
In an effort to make the already existing program, laden with constraints more "user friendly" the legislation hopes to also help families avoid foreclosure.
I hope congress will move to go forward with these changes, and join with the NATIONAL ASSOCIATION OF REALTORS® in supporting this measure. NAR president Charles McMillan says that "Stabilizing the housing market will help the nation's economic future"... and I know many others agree.
Julianna Hind, Keller Williams Realty
 |
|
|
Buy Homes and Sell Homes in Tacoma, Federal Way, Auburn, Kent, Washington. Member of Real Estate Staging Association and a Seller Representative Specialist. Pierce County and King County. 206-679-4768
http://www.trulia.com/rss2/for_sale/Maple_Valley,WA/3_beds/1_baths
We were placing our home on the market hoping for a quick sale. With three small children and not enough furniture, I didn't think it was possible. Julianna and the team made it a reality, creating a warm and inviting home. Many prospective buyers and realtors said our home looked like a model home. I credit the team for selling our home in one day!
- Michelle, Maple Valley, WA
--
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
