The
original tax credit: The
Federal Housing Tax Credit is for first-time home buyers (and anyone who
hasn't owned a home for 3 years) and will provide a $7,500 tax credit for
those individuals earning up to $75,000 or married couples with a combined
income of up to $150,000 per year.
Hey, first-time homebuyer: How does $8,000 from
your Uncle Sam sound?
Want an extra
$8,000? If you’re a first-time homebuyer then we have a nice surprise
for you.
Last fall, the
Federal Government introduced a financial incentive to prospective
first-time homebuyers — an income tax credit of up to $7,500. The rules
were simple: you must have been a first-time homebuyer (as defined by
not owning a home in the previous three years) and you met certain
income restrictions.
The new $8,000 tax
credit is available to those who buy between January 1, 2009 and
December 1, 2009. It’s not a deduction, it’s an actual credit. Unlike
the $7,500 first-time homebuyer tax credit introduced last summer;
this does not need to be repaid.
First timers who qualify can make no more than
$75,000 in adjusted gross income if they’re single or $150,000 if filing
jointly. The maximum tax credit is $8,000 or 10 percent of the sales
price of the home, whichever is less. Three years residence in the
property are required. As always, check with your accountant for details
and be sure to submit IRS form 5405
when you file your taxes.
Use the
handy Google search box above to search the Web for news on the Federal
Housing Tax Credit and the Housing and Economic Recovery Act. The best to
you in your search and for those who are looking to take advantage of the
benefits and tax credits offered by both.
Five banks in New
England have joined together to help eligible homeowners
throughout New England to refinance their home loans into fixed
rate loans. The banks include:
Real Estate Outlook
- Prices stabilize.<Be sure to visit weekly
for the latest real estate outlook topics of interest.>
Washington Report: What if Fannie and Freddie
Need Capital Infusions?
<Be sure to visit
weekly for the latest Washington Report being discussed>
Investor Report: Investment
Affordability
<Be sure to visit weekly for the latest real estate Investor Report!>
Real Estate Outlook: Pending
Sales Jump
<Be sure to visit weekly
for the latest real estate outlook and real estate-related questions &
answers.>
InvestorReport:
Hidden Tax Pitfall. <Be sure to visit weekly
for the latest real estate outlook topics of interest.>
Mortgage Advice
Mortgage Moment:
When To Cancel Property Insurance.<Be sure to visit weekly
for the latest real estate mortgage topics of interest.>
Mortgage Moment: Family Originated Mortgages.
<Be sure to visit
weekly for the latest mortgage news and helpful tips being discussed>
Mortgage Moment: Paying Your Mortgage Online.
<Be sure to visit
weekly for the latest mortgage news and helpful tips being discussed>
Foreclosure Relief Comes To
Washington.
<Be sure to visit
weekly for the latest foreclosure news and helpful tips that may help
you avoid foreclosure.>
Mortgage Moment:Negative Amortization.
<Be sure to visit
weekly for the latest mortgage news and helpful tips being discussed>
Real Estate Q&A
Ask Realty Times:
Easement by Prescription <Be sure to visit
weekly for the latest real estate questions & answers.>
Ask Realty Times:
Appraisals.<Be sure to visit
weekly for the latest real estate questions & answers.>
Ask Realty Times:
What is an ARM? <Be sure to visit
weekly for the latest real estate questions & answers.>
What are "PFC"
and "POC"? <Be sure to visit
weekly for the latest real estate questions & answers.>
Where Can I Find a New Mortgage?
<Be sure to visit
weekly for the latest real estate questions & answers.>
You can find great local
Bethel, Connecticut real estate
information on Localism.com.
Michael Conkeyis a proud member of the ActiveRain Real Estate
Network, a free online community to help real estate
professionals grow their business.
Tens of millions of people could be starting simple, highly profitable,
time-efficient-and-flexible home-based businesses...
stay-at-home spouses -- add a second family income
existing "Small Office Home Offices" ("SOHOs") -- many have
meagre incomes and should instead use SBI! to build a SOHO that
generates serious, sustainable revenue
university students -- build a key skill for the future and
beat the "summer job blues"
the unemployed -- become the self-employed -- work for
yourself and build better income
the "wish-they-were-self-employed" -- build your business
part-time, then quit your "day job" (SBI! has "liberated" so many from
their 9-to-5 jobs!).
Many of these people don't even realize (yet!) that they want to, or
could, start a serious, profitable home-based business! You probably
know many who could/should start their own home-based business, one that
really works. And you could probably find hundreds more.
The individuals who we feature in
case-studies.sitesell.com are overwhelmingly inspirational.
Widely different in nature, they all feature passion for their
businesses and the common theme of how SBI! opens up new worlds and
changes lives.
You are bound to find the perfect case study to match any potential SOHO
customer. Blend in other sales aids and information from the Offline
Sales Kit (more on this below).
2) Offline Local Businesses
There are just as many offline local businesses (small businesses who do
business locally, with local clientele) who would never find your online
promotional efforts... because they simply are not looking for them.
They are online for e-mail and surfing, but they aren't searching for
"Net marketing information." So they have no way of knowing how do-able
and cost-effective SBI! is.
Over 60% of them do not have a Web site. Of those who do, at least 95%
consider the Web to be "one big waste of time and money." Why? Because
they had a friend of a friend, or perhaps a brother-in-law, "who is a
Webmaster" who didn't understand the fundamental reality of the Net. So
guess who did the site?
No wonder they end up concluding that the "Net does not work." Or even
sadder... they found a full-time pro and got soaked for a $10,000
custom-designed, bells-and-whistles Web site that, you guessed it,
generates no traffic and no revenue.
Let's compare that with a real-world, local business SBI! experience.
You can't get more local than a dental practice -- Dr. Burch is located,
somewhat ironically, in the heart of "high tech land"... Silicon Valley.
Thank you again for all you have done to develop SiteBuildIt. It has
made a tremendous difference in my life. I have a hand-built site,
costing almost nothing, and making $10,000 MORE per MONTH.
This evening I am presenting Web site marketing to my dental implant
study club (25 dentists) in San Jose, showing the use of SBI and
C-T-P-M as the core of the presentation.
These guys all have boilerplate, $10,000 built sites, with no
traffic and no "Return On Investment!" And speaking of ROI...
SBI! already brings in $10,000 a month in additional revenue. If you
think in terms of Asset Equivalent Value (AEV), it would take a
portfolio in the amount $2,000,000 (at 6% return) to give me the
same extra monthly income.
Yes, SBI and a little elbow grease has created a 7-figure equivalent
asset for me.
Talk about ROI!
John Burch
http://www.drburch.com
jburch12@msn.com
Don't miss Dr. Burch's case study and his updates -- see how he
used SBI! to increase the value of his local business by the Asset
Equivalent Value of $2 million. I guarantee you'll leave that case study
a smarter marketer.
Can you see yourself presenting this case study to local offline
businesses (along with other materials from your Offline Sales Kit?
Can you see yourself doing what Dr. Burch is doing, spreading the word
to other local business people who he knows? Just think of all the local
businesses/business people that you know -- they can all really
use SBI!.
Dr. Burch's case study, together with the information in
localbiz.sitesell.com (or the printed booklet format of this
same information), speaks loud and clear -- "If you have a Yellow Pages
ad, you'll get 100 times the value for a 10th of the price!"
If a small business already has a site, great! Send those folks to "take
the traffic test" at
traffic-test.sitesell.com -- then explain that NOW is the time
to build a site that delivers traffic and ROI. Failing that, ask them to
introduce you to their Webmasters.
Real Estate News...courtesy
of Yahoo! News
Blog sites &Alternative energy resources
covering alternative fuels, biomass, and more
"Top 10 Tax Breaks, On The House"
"Battle of the Warring Housing Price Indexes"
"Smoothing The Rough Road To Refinancing"
"Going Green: Easier Than You May Think"
"Understanding How Federal Reserve Rate Cuts Work"
"Should I Take My Home Off the Market During the Holidays?"
"How to Handle Low Ball Offers"
"Keeping Your Credit Clean"
"Investor Outlook"
"Reducing Utility Costs Doesn't Have to be High-Energy Task"
You can find great local
Bethel, Connecticut real estate
information on Localism.com.
Michael Conkeyis a proud member of the ActiveRain Real Estate
Network, a free online community to help real estate
professionals grow their business.
...In addition to the list of Web sites
above where your listing will be shown, we have over 100
additional Web sites (and hundreds of domain names linked to them)
where your listing will be posted in similar real estate focused
pages on each site. And, Visual Tours are used extensively along
with video tours on select properties.
To start the process or simply to inquire on
our services, please visit my Web site...
RealEstateMarketToday.com
and provide your information (basics about your property would be
ideal), and even begin a search of properties for sale throughout
Connecticut. We specialize in Ridgefield, the greater Danbury
(northwestern Fairfield County, CT) and Candlewood Lake area; and
we have access to all Keller
Williams Realty associates
throughout the U.S. and international offices. We will work with a
Keller Williams Realty real estate professional & specialist in your area (if
outside of our direct coverage) to extend our services through
them for your listing (on all of the sites noted above and our
privately owned sites).
*****************
Keller Williams Realty associates -
please contact me if you would like
exposure of your listings on my Web sites (and the real estate
focused sites listed above). I'd be happy to help you and your
clients!
*****************
tm
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