Julie Johnson

Better Homes & Gardens Real Estate | David Winans & Associates

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Entries Tagged as 'Tax credit'

Tax Credit Boom

March 19th, 2010 · No Comments · Economy

My mother-in-law decided to sell her home in Benbrook, just south of Fort Worth, to be closer to her grandkids. While I was putting the for sale sign in the yard, a couple drove by and asked to see the home. They looked at the home and loved it. That night their Realtor called me [...]

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Tags:buying a home·find a home·Fort Worth·Frisco·home·home buying·housing market·Real Estate·Tax credit

New Home Buyers Downsizing and Going Green in Recession

February 2nd, 2010 · No Comments · Economy, Taxes

For the first time since 1982, the square footage of completed new homes fell from an average 2,520 square feet to 2,480 square feet in 2009, according to the National Association of Home Builders. Smaller homes have been a trend for many years (fewer bedrooms and bathrooms) but the recession has accelerated that trend. And [...]

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Tags:downsizing·Economy·first time homebuyers·first time homebuyers tax credit·going green·recession·smaller home sizes·Tax credit

Expanded Tax Credit for First Time Home Buyers

January 8th, 2010 · 1 Comment · Economy, Taxes

Great news for those who missed out on the new home buyers tax credit! Home buyers can take advantage of the extended new home buyers tax credit, up to $8,000 (or 10% of the purchase price), until April 30, 2010 . Additionally, existing homeowners can also take advantage of a new tax credit up to [...]

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Tags:buying a home·existing homeowners·first time home.expanded tax credit·home buying·homes·Real Estate·Tax credit

Pending Sales for Homes Remains Higher Than Last Year

January 8th, 2010 · No Comments · Market Updates

Great news for existing homeowners who are selling their homes. Not only are home sales higher than last year, but the newly expanded tax credit will allow existing homeowners to also get a tax credit when they purchase their new primary residence. They must have lived in their previous home for 5 years and the [...]

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Tags:homes·homes sales·pending home sales·Real Estate·Tax credit

Mortgage Rates Hit Record Low

March 22nd, 2009 · No Comments · Economy, Taxes

One day after the Federal Reserve announced it would be doubling the amount of mortgage debt it would be buying, mortgage rates fell to a record low at well under 5%. This is the lowest that mortgage rates have been in more than 40 years and this is the perfect time to fulfill the American [...]

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Tags:Interest rates·Tax credit

New Home Buyers Claim Tax Credit on 2008 Taxes for 2009 Purchase!

February 24th, 2009 · 3 Comments · Real Estate, Taxes, Tips

The new stimulus package will allow new home buyers, defined as those who have not owned a home in the last three years, to take the maximum $8,000 tax credit off their 2008 taxes even though the purchased will take place in 2009. The tax credit is 10% of the purchase price with a maximum [...]

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Tags:first time home buyers·Tax credit

Stimulus package offers real $8,000 tax credit

February 17th, 2009 · No Comments · Economy, Market Updates, Real Estate, Tips

The new stimulus package, set to be signed in Denver today by President Barack Obama, will contain some help for first time home buyers. The previous tax credit, which had to be repaid over 5 years, has been replaced by a real $8,000 tax credit that does not have to be repaid. Homeowners who purchase [...]

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Tags:first time home buyers·Free Money·Tax credit

Update: Tax credits for home buyers and homeowners

February 12th, 2009 · 4 Comments · Green, Real Estate, Taxes

The bill now being considered offers first-time homebuyers a tax credit of up to $8,000 if they buy homes between Jan. 1 and Dec. 1, 2009. Those who haven’t owned a home in the last three years will qualify as first time buyers. Additionally, existing homeowners could get a tax credit of up to $1,500 [...]

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Tags:energy efficent·first time home buyers·Tax credit