First Time Buyer Tax Credit 
1. Tax Credit Amount: Up to $8,000 for new buyers and up to $6,500 for current homeowners.
2. Who is Eligible?: First time home buyers, who have not had interest in a principle resident for three years. Current homeowners, who have consecutively maintained the home they want to sell as their primary residence for five of the last 8 years.
3. Time Frame: Qualified buyers must sign a purchase agreement by April 30, 2010 and close before July 1, 2010. The credit is extended for military serving outside the United States for at least 90 days.
4. Income Limits: Single buyers need a modified adjusted gross income of $125,000 or less to qualify for the full credit. Married couples need a modified adjusted gross income of $225,000 or less to qualify for the full credit. Those earning more than these thresholds may be eligible for reduced credits.
5. Purchase Restrictions: The tax credit does not qualify for homes over $800,000 or vacation homes.
5. Refundable: Because the tax credit is "refundable," qualified buyers can take advantage of it even if they don't have much tax liability.
6. Recapture: Buyers have to own the home for at least three years in order to capitalize on the credit. If they sell the home before then, they will have to return the credit to the government. (Exceptions will be made in certain cases, such as death or divorce.)
*Please, consult your tax advisor for tax questions.
Take advantage of this opportunity! Contact me at (309) 825-2078.
Buying Your First Home?
Let me be your professional guide! You might be a bit afraid or intimidated by the whole process of buying your first home. As top Bloomington, Normal, Heyworth and Mclean County real estate experts, it's our job to guide you, from beginning to end. We will take the time to go through each and every step of the buying process. There are no dumb questions! Together, we will consider: - How much can you really afford? - How to qualify for a mortgage. - How much cash you should put down. - How to buy a home with little or nothing down. - What it takes to get approved for financing. What banks and other financial institutions are looking for. - How much your payments will be. - The tax advantages of buying. - Is renting or buying better for you? Tell us a bit about your situation below. We'll get right back to you. There is absolutely no charge, and we offer this to you with no strings attached.  New to the home buying process? Tell us your concerns. Ask us questions. It's our job to help! There's no obligation, and we promise to get back to you quickly...
Financing Your Home >Financially Qualified Most purchase agreements allow buyers to get out of the contract if they can't qualify for a mortgage. If you are selling your home, be sure to get some reassurances before you make a commitment to buyers. Most contracts now require timely loan applications and pre-qualifying letters from the lender.
There is no way to be absolutely certain that buyers will be able to obtain financing. Real estate professionals will help buyers determine what they can afford and whether there are financing alternatives. They will also eliminate buyers who are not financially qualified. Training and experience enable them to resolve difficulties quickly to avoid wasting time.
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Where are church services held in the water each Sunday during July and August?
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At Half-Moon Bay, Ontario, worshippers gather in boats facing the natural stone pulpit, and hymnals are passed to the floating congregation by ushers in canoes. |
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Janet Jurich, Broker Associate, Realtor
Keller Williams Realty
2206 Eastland Drive
Bloomington, IL. 61704
Phone: 309-825-2078
Email: JanetJurich@gmail.com
What makes Broker Janet Jurich a Top Expert in her area? It's easy! She has experience, knowledge, great negotiation skills and sincere dedication to her clients.
As a buyer's agent her negotiating skills are among the best. As a seller's agent she also knows the value of homes in the area and provides outstanding service to get your home sold for top dollar and shortest time on the market. Janet's in depth training includes courses such as Real Estate Practice, Financing, Real Estate Law & Escrow and Real Estate Appraisal.
Janet’s clients continually comment on her warm personality, patience and personal commitment in making their real estate transactions a pleasurable and worry free experience.    
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