Cash In Now With The New Homebuyer Tax Credit For First-time Homebuyers As Well As Current Homeowners

By now you’ve heard the new law, The Worker, Homeownership and Business Assistance Act of 2009, went into effect November 6, 2009, which extends and expands the first-time homebuyer tax credit, making it available to move-up buyers and expanding the income limits for purchasers.

Under the new law, home buyers have until April 30, 2010 to enter into a binding contract to qualify for the tax credit and purchase must be settled until June 30, 2010.

First-time home buyers, a buyer who has not owned a primary residence during the three years up to the date of purchase, with adjusted gross incomes up to $125K (singles) or $225K (married) can get the maximum $8,000 tax credit. Homebuyers with an income over $145K for singles or $ $275K for married may be eligible for reduced credit.

Current homeowners, a buyer must have owned and used the same home as a primary residence for at least five consecutive years of the eight-year period ending on the date of purchase of new home, meet the same income requirements the first-time buyers, are eligible for a credit of up to $6,500.

Taxpayers have the option of claiming the credit on either their 2009 or 2010 tax returns for all qualified home purchases in 2010.

PCSing to NAS Oceana

Are you PCSing to NAS Oceana, NOB, Dam Neck or to another post in Hampton Roads?  I am here to serve, to help you and your family make a successful move to your new home.

Please don’t hesitate to call me. I can be reached at 757-839-3954.

Transferring to NAS Oceana?

Did you receive orders to transfer to NAS Oceana or Dam Neck?  Looking for a great home listed under $200,000?  The 2 bedroom ranch home is only minutes from NAS Oceana and Dam Neck, it is currently priced for $186,000 but all offers will be considered! 
This home features a fenced in back yard, new floors ( Laminated hardwood ). 
For information on this home please visit  http://www.postlets.com/res/2346614

Home Hunters Bus Tour

Tour Homes for sale in Virginia Beach, Chesapeake, Norfolk.

It is a wonderful time to purchase a home! Home prices and interest rates are low and in 5, 8 or 10 years the purchase you make now will earn  more equity than if you wait. For this reason, we are putting together a “Home Hunters Bus Tour” featuring up to 10 or more homes, personally selected and previewed by Sean Schroeder. Many of these homes are Pre-Foreclosures, Short Sales, Bank Owned or Standard Listings.  Each home will offer  substantial value, and strong equity gains in the years to come.

The tours are sponsored by Title, Mortgage and home inspectors.  These professionals will be available to help explain and point out issues that may affect the purchase of a home.  Each guest will be provided information on all the homes to be viewed, mortgage information and options available, title information,  and facts regarding the purchase of of bank owned, pre-foreclosure properties.

This tour is available to anyone looking to purchase a great value in Hampton Roads. We will offer tours in all the 7 cities: Virginia Beach, Chesapeake, Norfolk, Portsmouth, Suffolk, Hampton and New port News.

Online Registration and more information
Sean Schroeder, REALTOR
The Real Estate-XChange

Hampton Roads Real Estate Bulletins

2009 is a great year for buying and selling real estate in the Hampton roads area. To keep consumers up to date on the many issues facing sellers, buyers and home owners I have set up a FREE service. Simply register at Real Estate Bulletins

New York Taxes?

New York get ready!  Gov. David Paterson has a plan to close a $15.4 billion dollar budget cap.  His plan is a simple one, cutting city costs including public school aid by $698 million and the ellimination of over 500 state jobs.    Further, his plan calls for 137 new  taxes.  His plan is to increase the taxes on beer, wine, none-diet drinks, Itune downloads, Satellite TV and much more.  Paterson’s goal is to raise $121 billion dollars simply by raising your taxes, adding new taxes and cutting city services.  Is this a plan you want to live with?

Tired of such tax plans, tired of being over taxed?  Wouldn’t you like to live in a State that offers you more purchasing power, lower taxes and a great life style?  Hampton roads offers everything from boating to large Federal and State parks.  Spend the day relaxing on the sandy Virginia Beach ocean front,  jet skiing on the bay, shoppiing at any of the areas malls and so much more.

If  Virginia  is a city that  you would like to consider as your new home, I am available to discuss your options.

Sean Schroeder, REALTOR
The Real Estate-XChange
757-839-3954

517 Baylor Ct. Chesapeake, va. 23320