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Lizette Fitzpatrick - Broker-Realtor® Kentucky Homes - Horse Farms

Kentucky New Home Tax Credit $5000 - Kentucky Home Buyer

Kentucky New Home Tax Credit $5000 - Kentucky Home Buyer

Kentucky New Home Tax Credit $5000 - Kentucky Home Buyer

Have you heard about the $5000 new home Tax credit?

Finally, we have a great way to save money for home buyers that want new construction in Kentucky.

Below are the guidelines to get the $5000 tax credit.

• The New Home Tax Credit is an individual income tax credit that is effective July 26, 2009 and applies to a “qualified buyer” who purchases a “qualified principal residence” on or after July 26, 2009 and before July 26, 2010.

• A “qualified buyer” is a resident of Kentucky that is not eligible to receive the federal first-time homebuyer credit allowable under the Internal Revenue Code.

• A “qualified principal residence” must be certified by the seller as having never been occupied and must be the principal residence of the qualified buyer for a minimum of two years.

• The New Home Tax Credit allowable to a qualified Kentucky home buyer is $5,000 provided a cap of $25,000,000 for all approved New Home Tax Credits has not been met. Once the cap has been reached, no additional credit will be approved.

• The New Home Tax Credit is nonrefundable and may not be carried back or forward to another taxable year.

• To apply for a New Home Tax Credit $5000, a qualified buyer must submit a credit application only via fax within seven (7) days of the escrow closing between the buyer and the seller. Any application faxed after the seven day period or submitted via regular mail at any time will be denied.

• Credit application forms will be available prior to July 26, 2009 at the Department of Revenue’s Web site at www.revenue.ky.gov.

• Qualified buyers approved for the New Home Tax Credit will receive a credit allocation letter from the Department of Revenue. The credit allocation letter must be attached to the income tax return filed for the taxable year during which the qualified principal residence was purchased.

• Any questions about this incentive call the Department of Revenue's Income Tax Taxpayer Assistance Sections at (502) 564-4581.

Finding a new Kentucky home has never been so easy!

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

#1 featured Kentucky Realtor on Activerain.com and Localism.com.

Publisher/Author for the only Central Kentucky email newsletter on local real estate listings and sold properties, Kentucky relocation, local events, homeowner information and fun!

For more information on Kentucky Horse Farms, Lizette Realty, Richmond, Frankfort or Lexington KY real estate

click on Lizette.us.

See for yourself what Lizette's extraordinary clients have to say about their Kentucky Real Estate experience. Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved *Kentucky New Home Tax Credit $5000 - Kentucky Home Buyer*

Paris KY - Kentucky Horse Farms For Sale - Bourbon County

Paris KY - Kentucky Horse Farms For Sale - Bourbon County

Paris KY Kentucky horse farms Bourbon County

In the past three days, my client and I have been traveling the roads in Paris KY looking at Kentucky Horse Farms For Sale. Bourbon County has a plethora of gorgeous farms.

Sometimes working as a Real Estate Broker is a true pleasure.

Many of my out of town clients are intrigued by the way of life here. I have always called it "Land where time stands still."

Right next door in Lexington Kentucky, it is considered "The Horse Capital of The World."

Horse buyers from all over the world come to Lexington to buy horses at the Keeneland Sales and jet them back to horse farms in other countries.

In 2010 the Alltech FEI World Equestrian Games will be at the Kentucky Horse Park.

This event will be the largest equestrian event ever planned in the United States and it will be the first time held outside of Europe

We took our time and wandered around pristine barns and lush paddocks with black plank fencing. Many of the Bourbon County thoroughbreds were enjoying the cooler than normal July to stretch out in the sun. Many weanlings were playing and investigating their new world of wall to wall bluegrass. Paris KY Kentucky horse farms Bourbon County

Paris KY Kentucky horse farms Bourbon County

If you are considering one of these farms in Paris KY click on the link below to begin your search. There are some fantastic Kentucky horse farms for sale.

To view Kentucky horse farms that are available for sale , where they are located and for how much... check in here:

Read the Herald Leader Interview with Lizette Realty discussing Kentucky Relocation.

REQUEST A KENTUCKY RELOCATION PACKET!

Finding a new Kentucky home has never been so easy!

Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

#1 featured Kentucky Realtor on Activerain.com and Localism.com.

Publisher/Author for the only Central Kentucky email newsletter on local real estate listings and sold properties, Kentucky relocation, local events, homeowner information and fun!

For more information on Kentucky Horse Farms, Lizette Realty, Richmond, Frankfort or Lexington KY real estate

click on Lizette.us.

See for yourself what Lizette's extraordinary clients have to say about their Kentucky Real Estate experience. Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved *Paris KY - Kentucky Horse Farms For Sale - Bourbon County

Lexington Lions Club Bluegrass Fair - Masterson Station Park - Lexington KY

Lexington Lions Club Bluegrass Fair: Masterson Station Park, Leestown Rd. Lexington KY

Nothing says it's summer till you've been spun around a few times while eating cotton candy or a corn dog till you beg to stop! Yes! It's time to go to the Lexington Lions Club Bluegrass Fair in Masterson Station Park off Leestown Road! Lexington Lions Club Bluegrass Fair

My older brother and I used to pester Mom and Dad for days about going to the Lexington Lions Club Bluegrass Fair. It seemed magical and I just couldn't get enough of it. Back then it was held at The Red Mile Kentucky Harness Racing Track.

Many times I came home completely happy with a sticky face and half sick from all the wonderful combinations of cotton candy, corn dogs, candy apples, elephant ears and Coca-Cola!

I loved the amusement rides, which were pretty tame back then. The Ferris Wheel, Tilt-A -Whirl, The Crazy Mouse, Teacups, Merry Go Round, Himalaya, Scrambler and the Fun House were favorites.

Last but not least were the Bumper Cars where we could actually try to kill each other while our parents watched unaware. This year at the Lexington Lions Bluegrass Fair there will be over 100 rides, games and attractions.

pig race

You haven't bet on anything till you have bet on the pig races. These cute little piglets shoot out of the gate and race to the finish to get their reward. An Oreo cookie! They run fast as greased lightning to get to the finish. I always win money on this...Not!

The Lexington Lions Club Bluegrass Fair will be on July 16 - 26 over at Masterson Station Park off Leestown Rd in Lexington KY.

It will be open 5PM weekdays and Open 3PM Saturday and Sunday.

You will be able to save up to $8.00 if you buy advance tickets at Kroger or National City Bank locations.

Hey, this could be gas money!

More information call: (859)233-1465.

Directions to the Lexington Lions Club Bluegrass Fair

Finding a new Lexington Kentucky home has never been so easy!

Just click on one of the links below.

Lexington KY Residential Homes For Sale

Lexington KY Farms For Sale

Lexington KY Multi-Family Units For Sale

Lexington KY Condos and Townhomes For Sale

Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

#1 featured Kentucky Realtor on Activerain.com and Localism.com.

Publisher/Author for the only Central Kentucky email newsletter on local real estate listings and sold properties, Kentucky relocation, local events, homeowner information and fun!

For more information on Kentucky Horse Farms, Lizette Realty, Richmond or Lexington KY homes for sale.

click on Lizette.us.

See for yourself what Lizette's extraordinary clients have to say about their Kentucky Real Estate experience. Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved * Lexington Lions Club Bluegrass Fair - Masterson Station Park - Lexington KY*

When Life Gets You Down...Get a Chicken.

Chicken VideoI ran across this chicken video in the New York Times this morning.

I clicked it open out of curosity because I have a few clients and friends that have chickens.

Sometimes my clients are looking for property where they can raise chickens. I could never see what the fuss was all about...untill I saw this video.

The first time I was ever around chickens in a natural setting was in Key West at a restaurant called Blue Heaven. Here the chickens and roosters just walked around free among the diners outside under ancient trees. Loved that place.

Anyway, this video reminded me of that.

Chickens as art!

Check it out... CHICKEN VIDEO

(Be sure to turn up your sound)

Lexington KY Foreclosed Homes - Buying A Foreclosed Home? The Home's Recent History May Kill Your Family!

Lexington KY Foreclosed Homes - Danger bad stepsBuying A Foreclosed Home? The Home's Recent History May Kill Your Family!

What do you really know about this house?

Sure, it looks like a bargain from the outside. The media makes these foreclosed homes sound like the ultimate deal.

There is no seller's disclosure to tell you about any problems or repairs that have been made from the previous owners.

What you don't know may kill you and ruin you financially!

Many of these foreclosed homes may have had meth labs in them. Just walking in one can be dangerous! Realtors really have no idea they might be touring a future health issue.

Read here about one family's discovery and illnesses from a home they purchased. They did not discover the meth history for 5 years after they moved in. They were all sick and now broke from their foreclosed home! More about meth homes.

Once foreclosed, they are resold without any documentation of the history. Just walking in one of these homes is dangerous.

What if one was bought to flip and only minimal cosmetic work was done and it was back on the market to unsuspecting buyers?

Many clients ask me about foreclosed homes. I don't have any listed and I don't usually show them to clients. I might show one if it is listed or the client requests it specifically.

In Kentucky it is now a Class D felony to rent, lease or sell a home if the owner has not provided a written notice that the property has been contaminated by methamphetamine and has not been properly cleaned up by a certified contractor.

Each violation could result in a fine of up to $25,000 and/or imprisonment from one to five years.

Mold can be another issue in foreclosed homes. I can remember standing outside one home while the client looked inside. All of the basement walls had black mold! I had toured this one before it went into foreclosure and ran across this. I told the client before we went and they still wanted to tour it. They didn't buy it. I knew they wouldn't before going over there.

There are even more hidden issues in these foreclosed homes. Liens, water damage and more! I want the best for my clients and no legal issues for later down the road for both of us.

Be aware before you buy. What smells like a bargain may be no bargain in the long run.

Finding a new Lexington Kentucky home has never been so easy!

Just click on one of the links below.

Lexington KY Residential Homes For Sale

Lexington KY Farms For Sale

Lexington KY Multi-Family Units For Sale

Lexington KY Condos and Townhomes For Sale

Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

#1 featured Kentucky Realtor on Activerain.com and Localism.com.

Publisher/Author for the only Central Kentucky email newsletter on local real estate listings and sold properties, Kentucky relocation, local events, homeowner information and fun!

For more information on Kentucky Horse Farms, Lizette Realty, Richmond or Lexington KY real estate and homes for sale.

click on Lizette.us.

See for yourself what Lizette's extraordinary clients have to say about their Kentucky Real Estate experience. Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved *Lexington KY Foreclosed Homes - Buying A Foreclosed Home? The Home's Recent History May Kill Your Family!*