Archive for the ‘News Alert’ Category
First Time Homebuyer Tax Credit Expands
* American Recovery and Reinvestment Act of 2009
* The Housing Recovery Act and First Time Home Buyers 
First-Time Homebuyer Credit Expands.
Homebuyers who purchase in 2009 can get
a credit of up to $8,000 with no payback requirement.
Overview
a credit of up to $8,000 with no payback requirement.
First-time homebuyers may be able to take advantage of a tax credit for homes purchased in 2008 or 2009. The credit:
- Applies to purchases that close after April 8, 2008, and before Dec. 1, 2009.
- Applies only to homes used as a taxpayer’s principal residence.
- Reduces a taxpayer’s tax bill or increases his or her refund, dollar for dollar.
- Is fully refundable, meaning the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax owed.
The credit is claimed using Form 5405.
Updated January 13, 2010
What did That Rockland Condo or House Sell For?
Click here to use LoHud’s great search tool. If it is a very recent sale you won’t see it, but bookmark the page and come back every week or so. Or just call me and I’ll tell you quickly.
News Alert
Gas Prices in Rockland Dip Below $2.00 a gallon. Hooray! Time for a roadtrip?
Just in time for our holiday shopping. There are plenty of places to go. Head South to New York Cit or North to Woodbury Commons . . . At this writing only 11 more shopping days to go. So, let’s go shopping. Anyone want to buy a house for Christmas? Now wouldn’t that be a unique Christmas Gift.
Hey how would you wrap a house if you gave it for Christmas?






