Are you a first-time homebuyer?
DO YOU KNOW…
YOU may qualify for an $8,000 tax credit just for buying a home this year?
YOU may qualify as a 1st time homebuyer even if you previously owned a home?
YOU can amend your filed 2008 tax return and receive your $8,000 in 2009?
YOUR 2009 Tax Credit is not a loan and does not have to be repaid?
COME GET THE FACTS…
ROCHESTER PUBLIC LIBRARY
65 South Main Street, Rochester, NH 03867
THURSDAY, JUNE 4, 2009
6:30-7:30 PM
THE AMERICAN RECOVERY & REINVESTMENT ACT OF 2009 ESTABLISHED THE $8,000 FIRST-TIME HOMEBUYER TAX CREDIT ON FEBRUARY 17, 2009
IF YOU ARE A 1ST TIME HOMEBUYER WHO HAS PURCHASED OR PLANS TO PURCHASE A HOME BY DEC 1ST 2009 YOU NEED TO CHECK THIS OUT!
THIS WILL BE A FREE INFORMATIONAL SESSION:
* GET THE LATEST UPDATES ON THE PROGRAM
* LEARN HOW TO DETERMINE IF YOU QUALIFY
* LEARN HOW 2009 TAX CREDIT CAN IMPACT YOUR FINANCING
* ASK QUESTIONS OF TAX PROFESSIONALS
* COME AND GET THE INFO FOR SOMEONE WHO CAN’T ATTEND
IF YOU CAN’T USE THIS INFORMATION, PLEASE PASS IT ON TO SOMEONE WHO CAN!
This event is free and open to the public.
Sponsored by the Strafford County Board of REALTORS®
Thursday, May 28, 2009
Thursday, May 14, 2009
Why has my house not sold, yet?
Whether your home has been on the market for a week or a year, there is a buyer for your home. The problem we are seeing right now is it's a buyers market, which means a buyer wants the best value, or they will move on to something else.
Your home has to be at its very best, or at least in the top 10% of the homes in your price range and/or town. I am not just pulling this number out of the sky, it is what is referred to as the absorption rate.
Right now in the town of Rochester, NH the absorbtion rate is roughly 10% over the past year. Now what this means is that in any given price range only 10% of the homes are selling, the rest are remaining on the market. To simplify things further; If your house is in a price range/area with 40 other homes. There are enough buyers out there right now to buy 4 of those homes a month. So, out of the 40 homes that are on the market in that price range every month, yours has to be in the top 4, or you won't get it sold, let alone, an offer.
If you truly need to get your home sold, and have the motivation to do what it takes, make your home one of the top 10% of the homes out there. (I have very detailed information that I provide to all of my sellers to make sure they know what it takes to be in that top 10%, and I help them achieve it.)
***Note that the numbers I have given are for Rochester, NH only. These numbers will vary from town to town. If you would like to know the absorption rates for your town. Please feel free to contact me.
Your home has to be at its very best, or at least in the top 10% of the homes in your price range and/or town. I am not just pulling this number out of the sky, it is what is referred to as the absorption rate.
Right now in the town of Rochester, NH the absorbtion rate is roughly 10% over the past year. Now what this means is that in any given price range only 10% of the homes are selling, the rest are remaining on the market. To simplify things further; If your house is in a price range/area with 40 other homes. There are enough buyers out there right now to buy 4 of those homes a month. So, out of the 40 homes that are on the market in that price range every month, yours has to be in the top 4, or you won't get it sold, let alone, an offer.
If you truly need to get your home sold, and have the motivation to do what it takes, make your home one of the top 10% of the homes out there. (I have very detailed information that I provide to all of my sellers to make sure they know what it takes to be in that top 10%, and I help them achieve it.)
***Note that the numbers I have given are for Rochester, NH only. These numbers will vary from town to town. If you would like to know the absorption rates for your town. Please feel free to contact me.
Wednesday, May 6, 2009
Tax Credits on Energy efficient improvements
Many of you are aware of the $8000 tax credit that went into effect with the "American Recovery and Reinvestment Act of 2009", however, many are not aware of the many other benefits that were introduced in this legislation. There are significant tax benefits to those who make energy efficient upgrades to their home.
You may be eligible to receive a tax credit for home improvements placed in service from January 1, 2009 through December 31, 2010. These tax credits may apply to windows, doors, insulation, roof, HVAC, water heaters, biomass stoves, geothermal heat pumps, solar panels, solar water heaters, small wind energy systems, fuel cells. Visit www.energystar.gov for more information.
You may be eligible to receive a tax credit for home improvements placed in service from January 1, 2009 through December 31, 2010. These tax credits may apply to windows, doors, insulation, roof, HVAC, water heaters, biomass stoves, geothermal heat pumps, solar panels, solar water heaters, small wind energy systems, fuel cells. Visit www.energystar.gov for more information.
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