Wednesday, March 25, 2009

Century 21 Broker's Council Awards

On March 18th, three Mill Stone agents went to the Century 21 Broker’s Council Awards luncheon along with forty other Vermont Real Estate agents. Roger Turcotte, who is a national speaker in the realm of real estate education spent two hours with us talking about the changes in the market place and teaching us how to respond to buyers and sellers. Among the awards given out that day by Century 21, The Mill Stone Agency, as an office, received the award for 5th highest number of closed units sold in 2008. Sales agent Cindy Greenwood was honored with the award for Two Million Dollar Producer in 2008.

Friday, March 20, 2009

$8000 Tax Credit

Purchase a home now and take advantage of the new tax credit of up to $8000.
A benefit that makes your new home more affordable.
A tax credit is available for first-time home buyers under the American Recovery and Reinvestment Act 2009. If you buy a home between January 1, 2009 and November 30, 2009, you may be eligible to receive a tax credit for 10% of the purchase price of your home - up to $8000. Program highlights include:
  • Any individual (and if married, their spouse) who has had no ownership interest in a principle residence during the last three years is eligible
  • Full credit for single taxpayers with incomes up to $75,000 ($150,000 on a joint return); partial credit for incomes up to $95,000 ($170,000 joint return)
  • Applies to the purchase of a single-family home (including condos, co-ops, town homes, etc.) that will be used as a principal residence
  • Home buyers can reduce (or even eliminate) their income tax liability for the year of purchase by claiming the credit on their tax return*
  • If the home is sold before 3 years, the first-time home buyer (who is now the seller) must pay the IRS the entire amount of the tax credit at closing

We make home loans easy.

If you are a first-time home buyer, now is the ideal time to contact us to discuss your home financing options. In as little as 20 minutes, we'll give you a free mortgage pre-approval decision, so you'll know how much house you can afford. We'll make it as easy as possible for you to enjoy the financial advantages of the new tax credit. Call Century 21 Mortgage at 1-877-886-1174.

*Certain eligiblity criteria must be met. Home buyers should consult their tax advisor for further details.