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ATTN: Current Homeowners!
Get up to $6,500 in FREE money when you buy a home!
As part of President Obama's economic stimulus package, now homeowners (sellers)
have a fantastic opportunity to get a tax credit of up to $6,500!
IMPORTANT NOTE:
If you need time to sell your home before buying another you cannot afford to wait to act! You MUST have entered into a fully executed, mutually agreed upon purchase
contract on your NEW HOME PURCHASE no later than April 30, 2010 you should start looking for a home IMMEDIATELY as some bank owned homes and/or short sales can take several months to even reach a mutual agreement and get fully signed contracts back. And, if your transaction were
to fall apart you would have to start all over so you don't want to wait until the last minute!
This truly IS like getting FREE MONEY so don't miss out.
Here are a few more highlights about the $6,500 move-up / repeat home buyer tax credit...
- To be eligible to claim the tax credit, homeowners must have owned and lived in their previous home for 5 consecutive years out of the last 8 years
- Eligible Properties: Any single-family residence (including a condo, co-op, or townhouse) may be an eligible property under the homebuyer income tax credit, provided it will be used as the homebuyer’s principal residence.
- Must be under contract by April 30, 2010 AND close no later than June 30, 2010.
- This homebuyer income tax credit reduces income tax liability. The $8,000 tax credit is a clean refundable
credit, unlike the one that was passed last summer, which required a repayment.
If you qualify as a first-time buyer (i.e., haven't been a homeowner in the past 3 years),
then you can claim the $6,500 to reduce your tax burden.
If the $6,500 is greater than the tax you owe, then you will get a refund check for the difference.
Example: you owe $2,000 in taxes on April 15, 2010. But if you bought a home before the stimulus
expiration on April 30, 2010, then you will get a tax refund check for $4,500 from the IRS when you file your income taxes.*
This is a GREAT time to buy a home! For current homeowners that meet the requirments of this move up buyer tax credit...it is the BEST TIME TO BUY A HOME!
Very Important!
Selecting the BEST agent to help you sell / buy a home and represent you and your best interests is extremely important! Some people think all
agents are the same when in fact they are absolutely NOT the same. Each agent is an independant contractor and
they all have their own business practices, motivations and more often than not, very little training. Believe it or not,
some agents really have their best interests in mind...not yours!
A home purchase is one of the biggest investments you'll make in your lifetime and you need
professional representation...not a part time agent that is a friend of a friend.
We are talking about an investment worth thousands of dollars and without the right guidance and advice,
it could cost you dearly. Steve is an ABR (Accredited Buyer Representative) and has over 20 years experience as
a full time Realtor®. He has the knowledge and experience to represent your best interests well.
So, if you are thinking about buying a home you want an agent who will work hard for you, will be honest with you,
will educate you with the real facts about foreclosures, short sales etc...be sure to Contact Steve Hatfield today.
Don't Know if You Qualify to Buy a Home or Can Sell Your Existing Home?
No problem...I will help you find out if it is possible to do so now or help you develop a plan for a future home home purchase!
Let's Get Started...Contact Us Today!
Click here to contact us online
Or...call our office at 313.274.7200 and ask for Steve or Vicki!
* Seek advice from a professional tax advisor for specific tax calculations and timing for claiming the tax credit.
Some limitations apply. First time buyers must meet stimulus program guidelines to qualify for the tax credit.
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 Contact Steve
REALTOR® ABR, CRS, e-PRO Certified
CENTURY 21 Curran & Christie
25636 Ford Road
Dearborn Heights, MI 48127
Office: (313) 274-7200
eMail:
Print Steve's Business Card
Michigan Real Estate Salesperson
License Since 1986 - #6501221773
   
Real Estate Internet Warning
Steve Hatfield, Realtor® provides real estate / home buying and selling services in Dearborn Michigan, Dearborn Heights Michigan, the Wayne County MI (Southeast Michigan) communities of Redford, Westland, Garden City, Livonia, Canton, Plymouth, Northville and the Oakland County cities of Farmington / Farmington Hills and Novi Michigan.
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