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 | Extended $8000 Federal Tax Credit for First Time Home Buyers - The United States Congress passed a new economic stimulus bill that was signed into law by President Obama on Friday, November 6, 2009. The law includes an extension of the $8000 Tax Credit for First Time Home Buyers (10% up to $8000) that was set to expire on December 1st, 2009. Contracts must be binding by April 30, 2010 and closed by June 30, 2010. |  | Expanded $6500 Federal Tax Credit for Existing Homeowners - This new tax credit is intended for trade-in and move-up buyers. The $6,500 tax credit applies for buyers who have lived in their current residence for 5 of the past 8 years. Buyers must live in the new residence for 3 years to avoid repayment requirements. This tax credit becomes effective December 1st, 2009. Contracts must be binding by April 30, 2010 and closed by June 30, 2010. There is no requirement to sell your current property. The new property must become your primary residence. |  | $14,000 Free Loan Program For Buying Foreclosures - The Georgia Department of Community Affairs also provides a $14,000 Free Loan Program with the Georgia Dream NSP program. This Neighborhood Stabilization Purchase program provides buyers of designated foreclosures a $14,000 secondary loan that is forgivable over time. |  | Federal Energy Tax Credits - The Federal government also provides a significant list of Energy Tax Credits for the purchase of energy efficient products including windows & doors, HVAC, water heaters, hybrids cars and more. Sellers or buyers may now invest in items that provide both tax relief and long-term monthly savings as energy prices are expected to rise. |
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This is great opportunity for homebuyers in metro Atlanta. There are unprecedented opportunities to buy great properties at fantastic prices. Mortgage rates are at historic lows and future value trends for Atlanta real estate are very positive.
Did you know that some new home builders are offering incredible incentives right now? We know where the builders and banks are working together to offer the best deals! Did you know that bank-owned properties and corporate-owned properties may be excellent buying opportunities? We work with all the banks and have "hots lists" for the best deals. Did you know that select short sales may be great buying opportunities? There are lots of "gotchas" so you need to be working with an expert in this area. Yes, we have them! Did you know that SunTrust Mortgage is offering the most competitive mortgage rates in Atlanta? Contact us to learn why that is the case.
The Window Of Opportunity Is Officially Open - Don't Miss It! Contact Jonathan & Natalie Lee J's C#770-313-1545 & N's C# 678-313-5089 teamlee@teamleehomes.com |
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| Prudential Georgia Realty | Jonathan & Natalie Lee,ABR,CSN, Northwest Office | 2414 Dallas Highway SW, Marietta, GA 30064 | 770-421-8600 | Contact Me by E-mail |
770-313-1545 or 678-313-5089
The Prudential Real Estate Affiliates, Inc. adopted The Sunshine Kids Foundation as a network-wide charity
in the spring of 1991. The Sunshine Kids Foundation provides exciting, positive group activities for children
with cancer, so they may once again do what Kids are meant to do...have fun and celebrate life!
To learn more please visit:
http://www.sunshinekids.org/support/prudential.htm