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WANT TO GET THE INFORMATION YOU
NEED FOR THE $8,000 TAX CREDIT?
(view the following video*)



*The bill essentially remains intact but has a handful of important changes:

  Previous Provisions

 

New Provisions
Effective Date January 1, 2009 November 7, 2009
Deadline Close before December 1, 2009
  • Contract signed before May 1, 2010, must close before July 1, 2010
  • Members of the uniformed services, foreign services, and intelligence employees who served an extended service of 90 days will have until April 30, 2011 and June 30, 2011.
Amount
  • First-Timers: maximum of $8,000 or 10% of sales price
  • Prior Owners: $0
  • First-Timers: Unchanged
  • Prior Owners: $6,500 if lived in prior home for at least 5 consecutive years of past 8 years
Income Limit
  • Individual: $75,000
  • Couple: $150,000
  • Individual: $125,000
  • Couple: $225,000
Other Restrictions Home must be primary residence for at least 3 years. If home is sold or buyer moves before 3 years, must re-pay full $8,000.
  • Buyer must be at least 18 years old and not classified as a dependent for tax purposes
  • Home must cost less than $800,000
  • Home must be primary residence for at least 3 years. If home is sold or buyer moves, before 3 years, must re-pay full amount of credit. Exception for military, foreign services, or intelligence with extended 90 days service overseas.
How to claim If purchased in 2009, by amending 2009 tax return or claiming on 2010 tax return If purchased in 2010, by amending 2010 tax return or claiming on 2011 tax return

Homes For Sale!    Homes For Sale!    Homes For Sale!    Homes For Sale!
Below you will find quick links to homes listed for sale
in North East Tarrant County:
Bedford <$100K   Colleyville <$300K
  $100-150K     $300-500K
  $150-200K     $500-750K
  >$200K     >$750K
         
Euless <$100K   Fort Worth <$200K
  $100-150K     $200-300K
  $150-200K     $300-500K
  >$200K     >$500K
         
Grapevine <$300K   Hurst <$100K
  $300-500K     $100-150K
  $500-750K     $150-200K
  >$750K     >$200K
         
Keller <$200K   North <$100K
  $200-300K   Richland  $100-200K
  $300-500K   Hills $200-300K
  >$500K     >$300K
         
Southlake <$300K   Trophy Club <$200K
  $300-500K     $200-300K
  $500-750K     $300-500K
  >$750K     >$500K
         
Watauga <$100K   Westlake <$300K
  $100-150K     $300-500K
  $150-200K     $500-750K
  >$200K     >$750K

Have a Question?  Want more information on a property? 
Send The Minteer Team a text message!
 

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Real Estate Agents in Dallas


The Minteer Team
Keller Williams Realty
817 481-8890
Fax: 817-481-0516