Debby Thompson
Milwaukee Real Estate Debby Thompson

Homestead Realty, Inc
   

Contacts


Debby Thompson
 
Debby Thompson
Email Debby
 
Phone: 414-212-5735
Cell: 414-403-0657
Address: 8405 W Lisbon Ave
City: Milwaukee
State: Wisconsin 53222
Country: United States

First time home buyers credit Are you running out of time?



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Milwaukee Real Estate Homestead Realty Debby Thompson


 

 

 

Milwaukee Real Estate Homestead Realty Inc, your one source for Milwaukee County, Germantown, Menomonee Falls, Hartford, Sussex real estate. Areas that we service are Washington, Waukesha, Milwaukee and Ozaukee county welcomes you.

ARE YOU READY FOR 2010!

In today's competitive real estate market in Milwaukee, timing is everything. With spring just around the corner and homes are starting to come out. You can sign up for Milwaukee areas New Listings Notification for Milwaukee real estate and surrounding area. Don't forget about the first time home buyers credit.

If you are looking to find out what your Milwaukee area home might be worth, I can do a free market value of your home. Other things that determine the price of your home is condition, updates and location. I work with a home stagger to help sell your home. My house is worth?

Whether you are buying or selling a home in the Milwaukee area, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important  real estate transaction. Buying a home in or around the Milwaukee area if you want to find out what it has to offer check out a community.

What does my FICO score mean?

"Can I Still Get a Mortgage In Today's Volatile Market?"

Some of the services I offer my home seller is a home stager and a Free home protection plan while their home is on the market in and around the Milwaukee area.

In addition, if you have any questions about buying or selling real estate, around the Milwaukee Wisconsin area, please contact me as I'm more than willing to help. I have worked with relocation buyers and sellers moving out of the area.

Please browse my website for Milwaukee Real Estate for sale, buyers and sellers of homes reports and important local real estate information.

Are you looking for information on going Green in your Milwaukee  home. Here is some great information that will help you save money and the world. The goverment is offering a $1,500 tax credit for going green.

 

News From Mortgage Lenders


First time home buyer tax credit

 FIRST TIME HOME BUYERS CREDIT HAS BEEN EXTENDED

The real reason behind the mortage crisis

5 facts about the 2009 tax credit for first time home buyers  The tax credit included in the economic stimulus. This credit is equivalent to 10 percent of the purchase price of the home--although it's capped at $8,000--and applies only to first-time home buyers and principal residences. This does not have to be repaid.

The buyers should consult their tax advisor.

  • Buyers must have a signed contract by April 30th and must close by June 30th.  I like how they actually provided a processing period in there this time around.  Everything was getting pretty crazy around here, trying to get everyone closed in time to take advantage of the credit!
  • The income limits have been expanded.  Single buyers can make up to $125,000 and married couples can earn up to $225,000.
  • First time buyers are identified as anyone who hasn’t owned a property in the last 3 years.  No changes here…
  • Anyone that has owned and occupied a home for 5 out of the last 8 years can take advantage of a $6,500 tax credit.  Obviously, this is the new feature, and it’s great!!

 1. First time buyers defined: For the purpose of this legislation, a "first-time home buyer" is someone who hasn't owned a principal residence for three years before buying a house. (The date of purchase is considered the day that the title is transferred.) That means if you've owned a vacation home--but not a principal residence--within the past three years, you would still qualify for the credit.

2. Refundable: Because the tax credit is "refundable," qualified buyers can take advantage of it even if they don't have much tax liability.

3. Recapture: Buyers have to own the home for at least three years in order to capitalize on the credit. If they sell the home before then, they will have to return the credit to the government. (Exceptions will be made in certain cases, such as death or divorce.)


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