Larry Hultberg Newark Delaware Realtor, Wilmington

NEW Homebuyer Tax Credit! Here is the skinny:

•1. Tax Credit Extended to April 30, 2010.

•2. Sales contract must be binding by April 30^th and settlement must occur prior to July 1, 2010.

•3. Income limit qualification has increased to $125,000 for single and $225,000 for married persons.

But wait... There's more:

•4. A new Tax Credit of $6,500 was added for homeowners who do not qualify as first timers!

•5. Must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years.

Are you working with a borrower who is currently serving in the Armed forces? If the military personnel is/was stationed outside the United States for 90 days or more, they receive a separate extension.

•6. Service period must have occurred between January 1, 2009 and May 1^st 2010.

•7. The time line is extended ONE YEAR -

•a. May 1^st, 2011 for a binding contract.

•b. July 1, 2011 settlement date.

Larry Hultberg - Delaware Realtor 302-530-9186

Chrysler is seeking the approval of the Federal bankruptcy court to sell the now closed auto plant in Newark Delaware.

According to (Reuters) the University of Delaware plans to purchase the 270 Acre plant for $24.25 million.

So what will the University of Delaware do with a extra 270 acres? The last news report I read said they were planning on using some of the land for medical research but the rumor around town is a new football stadium may be in the works also.

Larry Hultberg - Delaware Realtor 302-530-9186

Wilmington Delaware Home For Sale - Wilmington Delaware Real Estate Great Home For First Time Home Buyers!

7 Cypress Ave. Wilmington Delaware

$1,000 down for qualifed buyers

GARAGE!

Home Price $162,000

Finished Basement!

Updated Kitchen!

Short Sale. Beautiful well built brick front ranch home in popular neighborhood of kiamensi gardens. Main level has a large living room galley kitchen, 2 bedrooms and a full bath. The Lower level was just refinished to add 2 bedrooms, family room, laundry room and plumbing for a 1/2 bath. attached to the home is a large 1 car garage and a driveway that leads to a covered carport and a large fenced rear yard with 2 sheds. This home has it all and is close to everything. just minutes to Christiana mall, pike creek, Delaware park, and everything NewCastle county has to offer. Owners have priced this home to sell.

Larry Hultberg Wilmington Delaware Realtor 302-530-9186

Search all Wilmington Delaware Homes For Sale by clicking below!

Oct. 25, 2009 The News Jornal reported that Fisker Automotive http://karma.fiskerautomotive.com/ may soon announce that they will be building what they call the "worlds first luxury plug-in hybrid electric vehicle at the old Boxwood Road Gm Plant.

According to the company website American automaker Fisker Automotive was recently approved for a conditional loan of $528 million by the Department of Energy (DOE). The next generation Karma will be built entirely in the U.S

It looks like they plan on making 75,000-100,000 of these cars a year and the resulting vehicle will sell for about $39,900 after federal tax credits.

With 50 miles of electric range and more than 350 miles of total range, the Fisker Karma with its proprietary Q-DRIVE powertrain developed by Quantum Technologies, will have the potential for a fuel economy of over 100 miles per gallon (MPG) on extended drives. Fisker Karma has a top speed of 125mph and 0-60 comes in less than 6 seconds.

This could mean thousands of jobs New Castle County which saw 2 large auto plants close recently. Lets keep our fingers crossed it all comes together!

Larry Hultberg Delaware Realtor

Click below to search for homes in the Wilmington Delaware area

Bear Delaware Home Real Estate For Sale $199,000

423 Corato Ct. Bear, Delaware

3 Bedroom 2.5 Baths

$199,000

HUGE KITCHEN!

Look at that view!

Welcome Home! This great three bedroom end unit town home has been very well maintained and is ready for immediate occupancy. It is conveniently located in Pinewoods on a private street with easy access to I-95, RT 896, and RT 1. This lovely home is nice and bright throughout and offers many stand out features. Enjoy cooking and entertaining in the spacious eat-in kitchen with oak cabinets and a countertop overlooking the living room. Upstairs you will find three nice sized bedrooms with plenty of closet space and a full bath. Relax on the oversized deck with fenced in yard that includes a storage shed. The topper has to be the finished basement with FULL Bath!! This room can be used in numerous ways and currently as a bedroom. The basement laundry area is spacious and offers plenty of storage space. Seller is offering a one year Home Warranty with accepted offer. Add this one to your tour today!

Larry Hultberg Delaware Realtor

302-530-9186