Condos

Things are picking up.

Home sales in Nashville are really picking up.  Our team has several clients in town, making offers and buying homes. Remember, if you are a first time buyer you are likely eligible for the $8000.00 tax credit.   Plus, this makes that credit even more meaningful… Taken from www.cnn.com   “NEW YORK (CNNMoney.com) — There’s a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama’s signature on Tuesday. First-time buyers can claim a credit worth $8,000 – or 10% of the home’s value, whichever is less – on their 2008 or 2009 taxes. A big plus is that the credit is refundable, meaning tax filers see a refund of the full $8,000 even if their total tax bill – the amount of witholding they paid during the year plus anything extra they had to pony up when they filed their returns – was less than that amount. But there has been a lot of confusion over this provision. Adam Billings of Knoxville, Tenn. wrote to CNNMoney.com asking: “I will qualify as a first-time home buyer, and I am currently set to get a small tax refund for 2008. Does that mean if I purchased now that I would get an extra $8,000 added on top of my current refund?” The... [Read More]

I feel a thorough reporting of recent experience with a well known mortgage broker coming on.

Please check back, as I am waiting for the transaction to close.  Read More →

Nipper’s Corner

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