Emma Faris - Blog

DEMYSTIFYING HOMEBUYING AND THE APRIL TAX CREDIT DEADLINE!

emma.faris@results.net — Fri, 26 Feb 2010 12:59:17 GMT

LEARN HOW TO NAVIGATE YOUR WAY THROUGH A BUYER'S MARKET!

You Can BUY a HOME for $150,000!

emma.faris@results.net — Thu, 10 Sep 2009 18:51:01 GMT

Fabulous article about cities where the prices are still affordable. Of course, the Twin Cities makes the cut! Read the article here: http://realestate.msn.com/article.aspx?cp-documentid=21364704&GT1=35000

This market is boomin' right now-- sellers are serious about selling, so they are pricing their homes aggressively (in order to compete with foreclosures) and fixing them up before putting their homes on the market. You can still buy a home with only 3.5% down-payment with an FHA mortgage.

If you are a first-time homebuyer, take advantage of the $8,000 homebuyer tax credit only available until the end of November!

It's a FABULOUS time to be a buyer. I don't want you to look back (a year from now) and say "I wish I would have bought last year".

Happy Buying!

Emma Faris

612-849-0022

$8,000 Homebuyer Tax Credit

emma.faris@results.net — Tue, 01 Sep 2009 15:40:00 GMT

FIRST-TIME HOMEBUYER TAX CREDIT

The $8,000 tax credit for first-time buyers is stimulating the housing market in the Twin Cities. It's a great time to consider buying or selling as more and more buyers are taking advantage of this incentive.

According to the stimulus plan, first-time buyers who purchase homes before the end of November, 2009 may be eligible for an $8,000 tax credit. Here is the link to the IRS website with access to the tax credit forms and details of the plan.

It is important to remember that the $8,000 tax credit is just that---a tax credit. The benefit of a tax credit is that it is a dollar-for-dollar tax reduction, rather than a reduction in a tax liability that would only save a buyer $1,000 to $1,500 when all is said and done.

Better still, the tax credit is refundable and buyers may amend their 2008 tax returns to claim the tax credit this year! The tax credit starts phasing out for couples with incomes above $150,000 and single filers with incomes above $75,000.

The tax credit is applicable to any home used as a principle residence: single family homes as well as townhouses, condos, manufactured homes, and even houseboats!

Buyers will have to repay the credit IF they sell their homes within three years.

FREE Homebuyer Cocktail Hour Tonight at Azia!

emma.faris@results.net — Tue, 21 Jul 2009 12:21:12 GMT

If you or anyone you know is thinking about buying a home and taking advantage of many different credit opportunities and a buyer's market!

Tonight at 6 pm at Azia! Let me know if you can make it!