Search Raleigh Homes More Homebuyers Now Eligible Tax Credits Extended and Expanded
The $8000 tax credit has been extended! First-time buyers under contract by May 1, 2010 and closing by July 1, 2010 can save up to $8000 off their income taxes. Also, buyers who have lived in their current home for 5 out of the last 8 years qualify for a tax credit of up to $6,500. Buyers do not need to repay the tax credit, if they live in the home for 3 years or more.
Some of the qualifications have changed so Contact The Freeman/Davis Team, Raleigh Homes and Real Estate Experts with Coldwell Banker, for details and to start your home search.
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9016 Stoney Run Drive - North Raleigh, NC New Listing in Stoney Manor Subdivision! Prime North Raleigh neighborhood This completely updated home is a Must See!
It's a "Buyer's Market" in Raleigh real estate and the $8000 deadline
is has been extended. The credit reduces your tax bill (or increases your refund) up to $8000 and now, there are incentives up to $6500 for current homeowners who are purchasing another home.
Under the Extended Home Buyer Tax Credit, single buyers with incomes up to
$125,000 and married couples with incomes up to $225,000
may receive the maximum tax credit.
The
Freeman/Davis Real Estate Home Team at Coldwell Banker is trained to insure that you receive
the maximum benefit but you must act now.
Contact us for expert advice and to get started today.
Sales of new and existing homes in the Raleigh area jumped 43 percent in December over a year ago, but the average price on each sale continues to be depressed, according to North Carolina Association of Realtors.
December 2009, 1,554 homes were sold in the Triangle, compared with 1,089 in December 2008. The average sale price dropped from $236,888 to $222,590 during that period. On average, Raleigh home sellers accepted offers that were 3.5% off of final list and 8% off of original list.
The Freeman/Davis Team uses "Real Price," an exclusive system designed to more accurately determine your home's value than the traditional Realtor's CMA. Contact Us Now for a consultation.
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All across the country, it's a "Buyer's Market" and while
Raleigh real estate and the local economy are exceptionally
healthy in the Triangle area, significantly more listings are
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