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Obama's 1st time Home Buyer Program
Welcome > Obama's 1st time Home Buyer Program ...

The 2009 Stimulus Package announced by President Barack Obama' Federal Government has brought special tax rebate and grants for the first time home buyers. The key is the right knowledge regarding rebate on tax and acting at the right time.

Here are some tips that would help you claim your tax rebate:
· You have to fill in the form for online on the FHA (Federal Housing Administration)& HUD (US Federal Housing & Urban Development Department) website to claim tax rebate
· The ones who have bought the home between January 1, 2009 & December 1, 2009, you can apply for tax credit up to $ 8000.
· In case you have purchased the home between April 1, 2009 & January 1, 2009, you are eligible for the tax rebate up to $ 7500.
· Unlike the year 2008, this year the tax credits do not have to be repaid to the authorities.
· If you are single, to get the tax rebate your income must be below or equal to $ 75,000 per annum.
· In case of a couple the per annum income must not be more than $ 150,000.
· The house you are considering must be in US.
· Here we are not literally talking about the first time buyers. Actually the US Federal Government law defines the 'first time' clause as follows: 'One or both the persons (in case of a couple) must not have a principle home ownership in their name since three years or more.'
· The house you are buying must be for residential use and not for commercial purpose
· In case you have got the house in inheritance or as a gift, you are not eligible for this benefit.
· If you are purchasing the home from someone within the family or acquaintances you cannot get this tax rebate benefit
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Real Estate Tips
Pricing >Multiple Listing Service

When you list your house with a real estate agent who participates in the Multiple Listing Service (MLS), you get a lot of service for your money. Depending upon the MLS region, there may be hundreds of participating members.

The real estate agent who lists your home works to get it sold. This is done by marketing directly to home buyers, but an even more powerful tool is marketing your home to other agents who have buyers. Your real estate agent makes all the crucial information about your home available to the other members through the MLS. Information such as your home's location, size, the number of rooms, the style of architecture, what personal property is included, and any other special features is posted. The MLS description will also contain information about any special financing that might be available, showing instructions, and special needs you may have with respect to closing. The MLS is a powerful tool for real estate matchmakers.

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Real Estate Trivia
Q 
What famous building receives a fresh coat of 300 tons of reddish-green paint every seven years?

A 
The Eiffel Tower in Paris, France.
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The Secundy Team, REALTORĀ®, real estate agent and broker for Colorado Springs, Broadmoor, Fountain and El Paso County, Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

The Secundy Team - Brad and Amy Secundy
Remax Properties

2630 Tenderfoot Hill Street
Colorado Springs, CO. 80906
Phone: 719-339-2233
Fax: 719-576-1746
Email: BradSecundy@comcast.net

TOP 20 Top Producers at Remax Properties.Top 30 Listing Agents In Pikes Peak MLS 2005 * New Construction, Resale, Military Rebates, Custom Homes. As a Relocation Specialist and Buyers Agent , we specialize in serving Internet Savy home buyers who want to shop at their own pace using the internet. Be the first in line to see homes that match your criteria. SERVING: Ft Carson, Colorado Springs, Black Forest, Briargate, Broadmoor, Divide, El Paso county, Fountain, Widefield, Security, Monument, Woodland Park, Meridan Ranch, Woodmen Hills, Stetson Hills, The Powers area, and Woodmoor.

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