Woodbridge Virginia Real Estate News

Real Estate News For Woodbridge Virginia And The $8,000 First-Time Buyer Tax Credit

Tripple-Wammy Heading Toward You At Full Speed

FREE $8,000 First-Time Buyer Credit Ends April 30th

Low Inventory Plus High Demand Are Pushing Up Home Prices

Federal Reserve Hints Overnight Fed Funds Interest Rate

Home Loan Rates Will Rise By A Point By Summer

You want to get a lovely home, on a quiet street, with trees and lush yards. 

You want the most home you can get for the price range you choose.

You want to get an instant $8,000 tax credit from Uncle Sam.

1.  Well, you better get with your Realtor and pick a home you can afford NOW, because the $8,000 tax credit goes away April 30th if you don't have a home under contract. You must close by the end of June 2010.

2. Plus, home values are slowly and steadily rising across Prince William County, Woodbridge, Manassas, Bristow, Haymarket, etc.

3. But wait, the Federal Reserve Presidents and Chairman are hinting that overnight fed funds rates will rise the next time the Fed meets. 

Watch this short video to find out what you must do right away if you want all the goodies.

Opportunities Are Everywhere...We Can Help You Find Your Dream Home.

Erick Blackwelder or Peggy James of Erick and Company - Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252  list your property for sale or to  purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany,  Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.

Equal Housing Opportunity

You May Get An $8,000 Federal Income Tax Credit If You Buy A Home In July 2009

Homes For Sale In Woodbridge Offer $8,000 Federal Tax Credit To You
Even If You Are Not A First Time Buyer

I'll bet you've been hearing a lot about the $8000 tax-credit for first-time homebuyers.



What you may not have heard about, is the government's definition of first-time homebuyer.  
It's a little more relaxed than the name suggests...

To qualify, you or your spouse may NOT have owned a home (that served as your primary residence) 
in the three years prior to the purchase date of the home.  

This does NOT include rental or vacation property.

So pretend for a moment that you owned a series of homes over a few decades.  Perhaps you have
bought and sold multiple homes.  

Now, if you sold your previous more than three years ago, you qualify for the $8,000 first time buyer 
federal income tax credit.  Yep, you have been touched by a magic wand by the recent "Stimulus" 
legislation passed by congress.

DISCLAIMER: I am not a Certified Public Accountant (CPA).  For competent accounting advice and 
accurate tax information, I urge you to see the licensed CPA of your choice.

Did this post tickle your curiosity?  CLICK HERE to send your question.  Answers shall be sent by email ONLY, unless you specifically ask for phone call.

You can get computerized, automatic, customized FREE ALERTS by email when new listings of homes that fit your wish-list are posted on the Realtor's MLS.  You'll find out about the newest listings before most Realtors know about them. 

That way you'll know when your dream home hits the market.

Opportunities Are Everywhere...We Can Help You Find Your Dream Home.
 
 
 
 
 
Erick Blackwelder or Peggy James of Erick and Company - Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252  list your property for sale or to  purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany,  Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.
 
Equal Housing Opportunity

 
 

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