3444 Mountain Tyme Way, Sevierville, TN

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eMail: info@easttnexperts.com

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Tuesday, November 24, 2009

FW: Check out new RetireToTennessee.com! Enter to win FREE full pg ad!

Let me know you got this via the blogger site.



-----Original Message-----
From: Russell Haskins, Homes & Land [mailto:leads@retiretotennessee.com]
Sent: Tuesday, November 24, 2009 9:56 AM
To: fran@easttnexperts.com
Subject: Check out new RetireToTennessee.com! Enter to win
FREE full pg ad!



Have you seen the new RetireToTennessee.com?
Read below for your chance to win a FREE full pg ad!


Visit the new site now at RetireToTennessee.com!

Answer the 3 questions below and you're entered to win a FREE full page ad in Homes & Land of Knoxville! Just reply to this email with your answers.
1. Tell us the 3 things you like best about the new site.
2. Listings advertised in Homes & Land are promoted on RetireToTennessee.com?
True or False
3. RetireToTennessee.com is promoted with area billboards, ad in Southern Living magazine, van wraps on our delivery vehicles, and across the network of Homes & Land magazines in Tennessee.
True or False

All entries must be received by 10am Monday, Nov 30th!
Any other comments about the new site are welcomed as well!
Happy Thanksgiving from Homes & Land!

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Monday, November 23, 2009

First-Time Homebuyer Tax Credit Extended & Expanded

On November 6, 2009, President Obama signed a bill into law that immediately extended the popular tax credit program offering up to $8,000 for qualified first-time homebuyers (FTHBs) into the first half of 2010.

The bill also instantly expanded the program, offering up to $6,500 in tax credits for qualified repeat home buyers, swinging open the door for even more qualified homebuyers to take advantage of this valuable opportunity at a time when mortgage rates are still near historical lows.

First-Time Buyers
For FTHBs (defined as someone who has not owned a primary residence in the previous 36 months, prior to closing and the transfer of title), the basic rules remain the same, with one important exception – higher income limits are now in place, increasing the pool of potential buyers eligible for the tax credit of up to 10% of the purchase price or up to $8,000. This is money that does not have to be repaid as long you stay in your new home for at least 36 months.

Single tax filers who earn up to $125,000 are now eligible for the total credit amount. Those who earn more than this cap (but less than $145,000) can receive a partial credit. Joint filers who earn up to $225,000 are eligible for the total credit amount. Those who earn more than this cap (but less than $245,000) can receive a partial credit.


Repeat Buyers
The new homebuyer program offers an exciting new opportunity missing from the previous incentives – a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years. This gives those who already own a qualifying residence some additional reasons to take advantage of lower home prices and interest rates and finally move up to the home of their dreams.
Important Deadlines
Purchase agreements must be signed by
April 30, 2010, and closings must be final by June 30.

Get the Facts
There are other important rules and guidelines you must meet to qualify for this great opportunity. So, if you or someone you know has missed out on the first two home buyer tax credit programs in the last two years, don't wait. Give us a call today. We'll gladly review your situation and see if you can benefit from this new and improved program.

Call East Tennessee Realty Group today and any of our experienced agents can help you take advantage of this great opportunity before it is too late!   865-774-7764 
Toll Free 888-662-3874