Keller, TX

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The great thing about having offices in Prosper and Plano is that I can work all over the Metroplex and be in a position to compare and contrast living in the suburbs of Dallas and the suburbs of Fort Worth. One of the hottest areas for growth in 2010, according to news sources and online search trends, is the Keller, Texas area. Today, I'm highlighting a particular builder and community in Keller: Grand Homes in Newton Ranch.

Located conveniently between Hwy 377 and Hwy 114 in Keller, Newton Ranch is community I see as having great growth potential in 2010. Grand has three 2009 built spec homes finished and available as quickly as you can get your financing together (which for my clients is about 10 days for a conventional loan and 15 days for FHA or VA loans). Special incentive programs also apply right now for finished 2009 inventory homes, so take the pricing with a grain of salt until you call me to discuss:

1. 4-bedroom, 4.5 bath, 6-living area, 2-dining area home with 3911 square feet of living space and a 2-car garage. List price $444,530.

2. My best value choice in Newton Ranch - a 5-bedroom, 4-bath, 4-living area, 2-dining area home with 4331 square feet of livingspace and a 3-car garage. List price $448,252.

3. A big home that I wish had a 3rd garage bay - 5-bedrooms, 4.5 baths, 5-living area, 2-dining area home with 4884 square feet of livin space and a 2-car garage. List price $493,061.

You can find out more about these homes by contacting me at 972-816-4369 from 7am-7pm or by calling Grand's on-site representative, Louise Lewis, during normal business hours at 214-477-5051.

Have a blessed day!

Ronda

Are you one of the 2 Million Americans Expected to Take Advantage of Extended, Expanded Homebuyer Credit

2 Million Americans Expected to Take Advantage of Extended, Expanded Homebuyer Credit RISMEDIA, December 2, 2009—More American homebuyers will get tax relief thanks to changes made to the First-Time Homebuyer Credit. H&R Block advises the popular credit is now more accessible to existing homeowners and first-time homebuyers in three ways: 1. Through a tax credit worth up to $6,500 for existing homeowners in the market for a new home. 2. Through a new closing deadline of April 30, 2010- extended from Nov. 30, 2009- for the $8,000 First-Time Homebuyer Credit. Also, a special provision gives taxpayers two extra months to close if they’ve entered into a contract by April 30, 2010. 3. By increased phase-out limits that start at $125,000 for singles and $225,000 for married filing jointly- up from $75,000 and $125,000 respectively. The new limits apply to homes purchased after Nov. 6, 2009. Under the new requirements, an estimated 2 million Americans are expected to claim the tax benefit. The IRS estimates 1.4 million people have already claimed earlier versions of the First-Time Homebuyer Credit. “From seniors looking to downsize, to families wanting to move, to those shopping for their first home, this credit paves the way for more people to positively impact their taxes through the benefits of homeownership,” said Amy McAnarney, executive director of The Tax Institute at H&R Block. Existing homeowners must have owned and lived in their current home continuously for five of the last eight years to claim the credit of up to $6,500. Taxpayers must close on the replacement home between Nov. 7, 2009 and April 30, 2010. If taxpayers have entered into a contract on a home by April 30, 2010, they have until June 30, 2010 to close. “The tax credit of up to $6,500 for current homeowners could ease the sting of those wanting to move but worried they’ll take a loss in the down market,” McAnarney said. “More first-time and existing homeowners can take advantage of this valuable tax credit under the new law.” A house must be valued at less than $800,000 to be eligible for the new $6,500 or the $8,000 credit for first-time homebuyers. Taxpayers can claim the credit on their 2009 or 2010 tax returns. A completed settlement statement must be attached to the return in order to claim the credit. Owning a home can trigger many other tax benefits. Taxpayers should consult their tax professional to ensure they receive all the credits and deductions a new house affords them.

For more information, visit www.soldteam.net for questions!

I recently posted about phase 3 of The Bluffs at Heritage. I was out on Sunday and took a photo of the land that has been cleared. It looks like they're getting ready to put the streets in. Lots should be coming available soon with Standard Pacific Homes and Toll Brothers. Please contact me if you're interested in building here. There are also numerous pre-owned homes available as well. Buyer representation is at no cost to you!

Megan Phelps

RE/MAX Heritage

817-999-2211

soldbyphelps@aol.com

www.soldbyphelps.com

The Bluffs at Heritage in Keller is opening a new phase! If you live in the North Fort Worth/Keller area, you may have noticed all of the dirt that is being moved around near Central High School. This is for the final phase of the Bluffs.

Toll Brothers and Standard Pacific Homes will be building in this section, although the lots are not yet ready for construction. Prices will start in the high $200's and go up from there. Both builders offer nice products with many high-end standard features.

If you are considering building in the area, please let me know if I can assist you in any way. The homes are taking 6 - 9 months to complete, with the first homes becoming ready for move in during summer 2010. Don't miss your final chance in The Bluffs at Heritage!

Megan Phelps

RE/MAX Heritage

817-999-2211

soldbyphelps@aol.com

www.soldbyphelps.com