Home Buyer Tax Incentive Breaking News

There is still going to be plenty of time to take advantage of the Homebuyer Incentive from the U.S. Government for first time homebuyers (should remain at $8,000), and now it looks like for second time homebuyers as well who have lived in their current homes for 5 years ($6,500 proposed incentive to sell that home and buy a new one)!

Read the link below and give me a call with any questions.  This has not been formally written into law just yet, but it appears to be all but finalized.  There should be ample purchase opportunities to go around through the spring of 2010 and still take advantage of these benefits. The tax credits would be available to buyers who sign sales agreements by the end of April 2010. They would have until the end of June to close on their new homes.
This is a preliminary report, details and conditions may change as the legislation becomes finalized.

Thank you for your business and give me a call anytime I can help out with questions.

http://www.foxnews.com/politics/2009/10/29/senate-likely-extend-tax-credit-time-home-buyers/

Hanging Rock Subdivision, Boiling Springs SC Home for Sale

The Hanging Rock subdivision in Boiling Springs offers a great pool recreation area and a strong home owners association to keep property values up. 

 

It has a beautiful entry way with lush landscaping on both sides of the entrance and the community pool area is located just to the left when entering the subdivision.  It’s location is convenient to everything.  All the schools are located with in minutes:  Elementary, Middle, Jr. High, and the High School are all very close by.  Wal-Mart, Lowes, and restaurants, are all only a mile away. 

The community even has a small lake towards the back with homes built around most of it. 

 

If your looking for something to do look no further than the park that borders the subdivision.  It’s hard to get much closer than that!  Baseball fields, community centers that are special needs accessible, play grounds, a BMX bike course, and more are just a walk from this community. 

There is a beautiful home for sale at 469 Slate Drive that backs up to the park: 

Click here for full details for 469 Slate Drive Hanging Rock Subdivision 

The two story living area with fireplace will greet you with warmth yet maintain an open feel as you enter this home. Precede to the back as the separate dining room and kitchen complement each other well while maintaining their distance. This home has an excellent floor plan. The First Floor master bedroom with full bath, double vanities and walk in closet will save time and effort every day. Upstairs you will find a large, multi- 

469 Slate Drive, Boiling Springs SC

 

angled bonus room great for an office and recreation room. Socialize at the community pool or get lost in your private back yard with a great sloped natural area just waiting for your HDTV outdoor touch. 

Nice Entry Way with Wood Flooring

 

Living Area with Stair case

 

2 Story Living Area with Fireplace

 

Open Kitchen with window over sink

 

Dining Room Opens to Backyard and Kitchen

 

Multi Angled Bonus Room

 

Level Backyard with raised natural area

 

First Time Home Buyer Program

Introducing a First Time Home Buyers Program for Spartanburg and Boiling Springs that will help new buyers immediately.  New Home Buyers that buy a home with me will qualify for $500 cash back at closing by referencing this new 1st time home buyer credit.

Now is the best time to buy a home in recent memory and possibly ever.  Possibly there has never been a better time to buy a home, period.  Let’s look at the reasons why:

1)  Interest Rates are low:  Interest rates are at their lowest levels in years and they can almost go no where but up.  With our government deciding to inflate the US currency and market inflation a near given, locking in low interest rates before they go up for years and years is a wise move.  The average current 30 year fixed rate mortgage is at 4.97%.

2) The government tax credit of 10% of the home purchase price up to $8,000 can be used for a down payment or to pay closing costs in many cases.  This means home buyers do not even have to pay closing costs or put money down potentially.  Another option is to get the tax credit back later to customize your home with drapes, paint colors, towels, etc. that make a house your home.

3)  Areas like Boiling Springs SC and Inman SC qualify for USDA Rural Development loans that allow buyers to buy home with reduced payments and reduced qualifying standards.  This is a great program.  To see if you qualify for this program or if a house you are interested in qualifies call me at 864-621-7900.

4) Buyers can now get $500 back at closing when buying a home through me.  When you buy a home there will be many things you will find to do to make the house your home.  From making repairs, to buying appliances to changing the color of rooms all these “little” changes add up to real dollars.  That is why I am giving back to new home buyers.  Just reference the $500 Spartanburg New Home Buyer Coupon.

Right now is a great time to by an affordable home and stop paying rent.  If you know someone who should be owning their own home have them contact me today.

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