Vaulted Flr Plan! Nice Kitchen! Lg Master Suite w/private master bath! Bright Great Rm! Charming Dining Rm! Spacious Bedrms! Convenient Laundry! Detached Garage! Immed Occupancy! Stove, Frig, Washer & Dryer Stay!
 

Updates include: Windows, HVAC, Roof & whirlpool tub! Parially finished lower level! Nice Kitchen! Cozy great room w/ woodburning fireplace! Great front porch, patio & fenced yard! 1 Car detached garage!
 

1st Fl Master!Luxury Bath!Full Finished LL!Dramatic Great Rm!Gourmet Kitchen!Nice Bonus Rm!Private Study!Open Floor Plan!Hardwood Flrs!3Full Baths!Parklike Fenced Yd!Custom Deck!Central Vac!Many Extras!Won't Last!

Updated 3 Bedroom Brick Ranch!Quiet Cul-de-sac St!Large Family Rm!NEW Carpet,NEW Hardwood Floors,NEW Countertops, Large Kitchen,Freshly Painted,NEW Electric.ALL Appliances stay!Cheaper than Rent!Nice 3 Season Room!

2 St.Great Rm/Wall of Windows/Triple Mantle/Gas Fp!Gourmet Granite Kitchen!1st Fl.Master!Dramatic Owners Bath!3 Car Gar!1st Fl.Study!Walkout LL!Full Basement!Open Fl. Plan!Large Bedrooms!Former Model Home!

Spacious Master Suite! Lg Eat-in Kitchen! Nice Fam Rm w/Gas Fp & Walkout to the Wooded view! Lg Great Rm! 2nd Fl Laundry! Wood Fence & Paver Patio! Full Basement! Newer Roof! Pool Community!

Large Family Rm! Gourmet Kitchen w/ Vaulted Ceiling! Nice Master Suite w/Private Owners Bath! Spacious Living Room! Hardwood Floors!Finished Attic Space! Custom Deck! Stove & Refrig Stay!

Cathedral ceilings, open floor plan, elevator, security doors, R-19 Walls, R-32 fiberglass roof system. Ceramic tubs and showers. Grounds professionally landscaped. 1 car garage.

Finished lower level w/ Cozy Family Rm! Large Country Kitchen! Spacious Great Rm! 3 Car Detached Garage! Lg Laundry Rm! Shows Great! Home Warranty! Hardwood Floors under Carpet!!!

Custom Kitchen w/ 42 in cabs! Stainless Steel Appliances! Lg Grt Rm W/ Gas FP! Lg Master Ste w/ Huge Walk-in & Garden Bath! Formal Din Rm! 1st fl Laundry! Beautiful Lake View!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability.  Even though interest rates have gone up in the last six months, they are still near historic lows.  Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life.  It’s important to live in a home that reflects your taste and values, yet is within your financial “comfort zone.”  To that end, it may be more important to lock in today’s relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today’s market.

If you have not owned a home in three years, you qualify as a first time home buyer.  If you buy a home after April 9, 2008 and before July 1, 2009, you qualify for this credit.  Call your friends who just bought a home since April 9th and tell them they may take $7,500 off their tax bill if they qualify.  It has to be your principal residence, so rentals do not count.

The tax credit is 10% of the cost of the home, up to a maximum of $7,500. This is not an additional deduction that lowers the amount of income to be taxed, it is a tax credit.  In other words, you take $7,500 off your tax bill.  But there is a catch; the credit you receive now is actually an interest-free loan that must be repaid.

The loan has no interest, and will be paid back over 15 years.  You get the credit on your 2008 taxes, but you start paying it back on your 2010 taxes that are due in 2011, so you get at least two years without a payment.  You pay back 6.67% of the credit each year, so for a $7,500 credit the payment is $502.50 per year.  If you stay put for 15 years, you pay it off with no interest.

What happens if you sell the house?  You pay the balance back at the closing.  So, you get $7,500 now, and pay the rest of it back if you make money on the sale of your house.  What happens if you do not make enough money when you sell your house?  They forgive the rest of the debt. 

Other restrictions stipulate that you have to buy your first house in three years before July 1, 2009, not have super high income, not use bond financing and buy anywhere in the US.

If you’d like to learn more about this program, please call me!