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Federal Tax Credit Extended $8000 Federal Tax Credit for First Time Home Buyers - The United States Congress passed a new economic stimulus bill that was signed into law by President Obama on Friday, November 6, 2009. The law includes an extension of the $8000 Tax Credit for First Time Home Buyers (10% up to $8000) that was set to expire on December 1st, 2009. Contracts must be binding by April 30, 2010 and closed by June 30, 2010. Expanded $6500 Federal Tax Credit for Existing Homeowners - This new tax credit is intended for trade-in and move-up buyers. The $6,500 tax credit applies for buyers who have lived in their current residence for 5 of the past 8 years. Buyers must live in the new residence for 3 years to avoid repayment requirements. This tax credit becomes effective December 1st, 2009. Contracts must be binding by April 30, 2010 and closed by June 30, 2010. There is no requirement to sell your current property. The new property must become your primary residence. $14,000 Free Loan Program For Buying Foreclosures - The Georgia Department of Community Affairs also provides a $14,000 Free Loan Program with the Georgia Dream NSP program. This Neighborhood Stabilization Purchase program provides buyers of designated foreclosures a $14,000 secondary loan that is forgivable over time. Federal Energy Tax Credits - The Federal government also provides a significant list of Energy Tax Credits for the purchase of energy efficient products including windows & doors, HVAC, water heaters, hybrids cars and more. Sellers or buyers may now invest in items that provide both tax relief and long-term monthly savings as energy prices are expected to rise. This is great opportunity for homebuyers in Villa Rica. GA. There are unprecedented opportunities to buy great properties at fantastic prices. Mortgage rates are at historic lows and future value trends for Villa Rica real estate are very positive.
To view complete incentives and all homes for sale in Ga including Villa Rica real estate visit:
http://www.teamleehomes.com/prudential_ga/modules/agent/agent.asp?p=text&id=668
Take Care,
Jonathan Lee
Villa Rica, GA Real Estate Foreclosures:
Villa Rica, Georgia foreclosures are on the rise in 2009 and are projected to continue to steadily flow onto the homes for sale in Villa Rica, GA real estate market for the next couple of years. We are beginning to see a high number of foreclosure buyers in Villa Rica, GA that are competing for the same great foreclosure opportunities. With the $8000 Tax Credit for first time home buyers, they currently consist of a larger segment of buyers in Villa Rica, GA. With also an increased number of investors, the hot foreclosure deals go fast and even within the first couple hours. We are seeing bidding wars with multiple offers on many Villa Rica, GA foreclosures. Search Pre-foreclosure and Foreclosure homes for sale at http://www.teamleehomes.com/villa-rica-georgia-homes-foreclosures.aspx
We are pleased to annouce that new homes construction plans for the Georgian Subdivision in Villa Rica, Ga are soon to resume and Natalie and myself are the new exclusive Agents for the subdivision!! Here are some details about the Georgian:
The Georgian-Villa Rica, Ga Homes For Sale, Villa Rica, Ga Real Estate
Bring the Family to this Master Planned Community located in Villa Rica, Ga. The Georgian amenities include a 13 Acre Amenity Park with a water park which includes a professional water slide, & a zero entry pool. The kids in the Georgian enjoy this feature and often the parents are seen plummeting down the water slide for entertainment as well. Additional amenities include about 8 lighted professional tennis courts, a second Olympic size pool by the Course, a full court basketball court, a sand volleyball court, an imagination station for the kids, a full playground which includes many features including sand boxes, slides, jungle gyms and even a pirate ship. The amenity areas in the Georgian also include paved walking and biking trails, park benches, a garden area for the garden club and even an amphitheatre for Spring & Summer movie nights. There are many social activities which include holiday events such as an Annual Easter egg hunt for the kids, fall festivities, etc. Also, in the Georgian, there are many clubs and events for adults including game nights, book clubs, exercise classes, TV show following clubs, the gardening club, knitting, bible studies and much more!
The Georgian in Villa Rica, Ga is well known in the community for its award winning The Frog Golf Course. The Frog golf course is a Tom Fazio designed golf course that has recently received a four and a half star rating from Golf Digest. Many tournaments and events have taken place there including the Georgia Open, Five Star Celebrity Classic, and a John Smoltz Celebrity Players Tournament. Even Michael Jordan has been seen playing on this pristine course.
View HOMES FOR SALE IN THE GEORGIAN: http://www.teamleehomes.com/the-georgian-villa-rica-homes-for-sale.aspx
Please contact Natalie or myself about the great new buying opportunities in the Georgian!
Thanks!
Jonathan & Natalie
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