Monthly Archives: October 2009

Take Action Now! Support Homebuyer Tax Credit Extension

CALL, WRITE OR VISIT YOUR ELECTED OFFICIALS.

LET THEM KNOW WE NEED THIS EXTENSION.

Senate leaders have agreed on an extension of the $8,000 first-time homebuyer tax credit along with a new $6,500 tax credit for move-up buyers, but it is unclear when the chamber will vote on the measure. The credit extension would run from Dec. 31, 2009 through April 30, 2010 and give buyers with a binding contract an extra 60 days to close. The tax credit extension raises the income limits to $125,000 for single-filers and $225,000 for joint filers. This applies to first-time and repeat buyers. To qualify for the $6,500 tax credit, repeat buyers must have used a previous home as a principal residence for five of the previous eight years. The Obama administration said it supports an extension of the first-time homebuyer tax credit. “In extending the tax credit, we urge Congress to include strict measures to combat tax fraud and protect responsible homeowners,” Treasury secretary Timothy Geithner said. The tax credit extension is expected to be attached to a bill extending unemployment benefits by 20 weeks. Still, it is unclear when the Senate will pass the extension bill (H.R. 3548), despite broad bi-partisan support. The current $8,000 first-time homebuyer tax credit is set to expire Nov. 30.

EVERY ONE OF US NEEDS A STRONGER REAL ESTATE MARKET.

Good Looks and Good Tastes

Good Looks and Good Tastes
Holiday 2009 Kickoff Party!

Mark your calendar today and plan to spend some quiet timeon a beautiful Saturday afternoon in November discovering good looks, good tastes and great gift ideas!

Experience the latest kitchen tools and tastes from Pampered Chef and the newest jewelry designs from Kristin’s Creations.

Pampered Chef recipe tastings and orders will be taken. Jewelry will be available for sale and orders will be taken as well. Come early for the best selection! Order now for all your holiday entertaining and gifts!

Open House from 1-5 pm, there will be door prizes, favors and light refreshments, bring your friends and stop by!

Host:
Derri Davisson and Kristin Petruccelli
Location:
Davisson Residence
14600 Sunset Street, Clearwater, FL View Map

When: Saturday, November 7, 1:00pm to 5:00pm
Phone: 727-423-7644/727-501-6001
RSVP Appreciated for planning ~ thanks
Bring a cutting for Derri’s garden and take one home!

Looking for a quiet, peaceful place to come home to?

You’ve found it! Only 2 owners have enjoyed this well-maintained, fully loaded
condo. The functional split-floor plan features kitchen with eat-in area, pantry
and snack bar; living and dining room with lake and pool views; master suite
with lanai access, lake view, bath with large walk-in shower, watercloset, double
basins, walkin & linen closets; inside laundry room with utility sink, cabinetry
and room for the vacuum! Roomy guest bath with shower/tub combo . A really
nice feature is the bonus room with hardwood floors, salon doors and full size
closet that can be used as a 3rd bedroom, den or formal dining room. Top quality
washer/dryer and appliances; custom track lighting and teak decking; plantation
shutters & ceiling fans in all rooms complete the package!

Call for your private tour of this prime property today.

HOPE FOR THE REAL ESTATE MARKET

TELL EVERYONE YOU KNOW TO TELL EVERYONE THEY KNOW TO TELL THEIR LEGISLATORS TO SUPPOR THIS:

H.R. 1245, the Homebuyer Tax Credit Act of 2009.

This legislation would replace the current tax credit for first-time homebuyers with a one-time credit for 10 percent of the purchase price of a principal residence, up to $15,000. This new tax credit would be available for one year after it is signed into law, giving homebuyers more time to take advantage than the current tax credit, which expires on November 30th.

All of us need a better real estate environment! Please spread the word.

H.R. 1245 remains pending before the House Committee on Ways and Means.

Thought for the day

Count your blessings. Once you realize how valuable you are and how much you have going for you, the smiles will return, the sun will break out, the music will play, and you will finally be able to move forward with the life that is intended for you.

PERFECT MARKET CONDITIONS?

almost…

At this time last year, interest rates for home mortgages were around 6% or about $600/month per $100,000. Today, mortgage interest rates have dropped into the 4’s or $400/mo per $100k. A huge increase in buying power!  

These are the lowest rates we’ve seen in months, creating a window of opportunity where record low rates combine with the lowest prices in years to create a perfect real estate environment. Economists predict that rates will soon increase, so now really is the time to take action.

Make your real estate decision today – don’t be one of the ones who wish they had taken advantage of this opportunity.  I can help you decide if now is the right time for you.

Previous Post

At this time last year, interest rates for home mortgages were around 6% or about $600/month per $100,000. Today, mortgage interest rates have dropped into the 4’s or $400/mo per $100k. A huge increase in buying power!

These are the lowest rates we’ve seen in months, creating a window of opportunity where record low rates combine with the lowest prices in years to create a perfect real estate environment. Economists predict that rates will soon increase, so now really is the time to take action.

Make your real estate decision today – don’t be one of the ones who wish they had taken advantage of this opportunity.  I can help you decide if now is the right time for you!

Not in Tampa Bay?  I can help you find someone in your area to help you get the information and answers you need to make a educated decision.