discoverycoastrealestate.com » tax credit

Time is running out….

Cheri Diehl — Wed, 07 Apr 2010 21:59:03 +0000

Prices are low, interest rates are low, and there’s still stimulus money waiting for you. You do not need to be a first-time homebuyer. Watch this video to get all the details. And don’t forget, you just need to have your accepted offer by April 30!

Better call us at 642-3325 or email Discovery Coast Real Estate right away.

Extended Home Buyer Tax Credit Video

Credit Consequences

Cheri Diehl — Tue, 23 Mar 2010 16:50:10 +0000

Here’s an interesting article regarding what happens to your credit should you lose your home to foreclosure, be forced to do a short sale, file bankruptcy, etc. CREDIT CONSEQUENCES

Remember, your credit score is priceless, so protect it!

Did you know there’s still time to qualify for the home buyer’s tax credit for 2010? If you’ve been dragging your feet about buying a home because you didn’t think you’d make the cut-off, call me now and let’s get going!

Big Clamming Weekend coming up, along with the 6th Annual Bluegrass Festival. Ongoing during Spring Breaks is the Spring Fling at the Kite Museum.

If you’re in the area, stop by the Shelburne Inn, Seaview, and chat with the Clatsop Weavers & Spinners Guild who demonstrate spinning Thursday evenings at 5:00 p.m. Just to make it more special, this Thursday, March 25, from 5-7 pm, it’s the Twitter WAMerlot Wine Tasting!

And there’s one good reason to visit the beach (other than looking for real estate!) so check it out at FUNBEACH!

That’s all for now. Enjoy the sunshine if you have it (we do!) and call me soon to take advantage of the tax credit, great prices, low interest rates and plenty to chose from.

First Time Homebuyer Tax Credit Expanded

Cheri Diehl — Sat, 07 Nov 2009 01:39:22 +0000

Great News For Washington Homebuyers!

Update as of 11/06/09

President Obama signed the Worker, Homeownership, and Business Assistance Act of 2009 into law today. The legislation greatly expands the First Time Homebuyer Tax Credit by making more first time homebuyers eligible for the credit and now includes homebuyers that are not first time homebuyers.

First Time Homebuyers

The current law is extended until April 30, 2010. Buyers have until that date to have a signed purchase agreement. There is an additional 60 day grace period to complete the financing. More first time homebuyers are eligible because the new law raises the annual income limits from $75,000 to $125,000 for singles and from $150,000 to $225,000 for married couples.

Current Home Owners

Over 60 percent of current home owners will be eligible for a tax credit of up to $6,500 if they purchase a home by April 30, 2010. These homebuyers must have lived in their home for five consecutive years over the previous eight years to qualify. Qualified homebuyers can get the credit if they purchase a home for $800,000 or less as their primary residence between November 7, 2009 and April 30, 2010. The income limits are the same as the First Time Homebuyer listed above.

For more information or to take advantage of this great opportunity, contact Discovery Coast Real Estate!

Info from Washington Realtors®

1st Time Homebuyer Tax Credit!

Cheri Diehl — Wed, 22 Jul 2009 23:33:18 +0000

tax-credit

GREAT NEWS!! Clients who qualify for the First -Time Homebuyer Tax Credit can get their tax credit right away. The initial funds for closing can come from a gift from a blood relative but NOW as soon as the purchase is complete they can file an amended 2008 return to claim their credit rather than wait until next January.

Thanks to Kilkenny Valenta Lending Group for this important update!

If you’ve been waiting to buy Long Beach realty, now’s the time! Get in touch with us soon…. there are a multitude of great buys on the Long Beach Peninsula.

Home Buyer Fair!

Cheri Diehl — Fri, 20 Mar 2009 23:08:32 +0000

Coming up March 31 in our office. This “fair” won’t be just for home buyers, although you’ll be able to get information on first time home buying (doesn’t mean you’ve never owned a home before). We will also have information on reverse mortgages, purchasing a home with reverse mortgages, home inspections, homeowner insurance, how escrow works, and a few other topics.

There will be refreshments and door prizes. See Flyer

Hope to see you here! No RSVP needed, but I’d hate to run out of cookies, so it would be great if you let me know you were coming!