My Blog

1.  Expansion of Home Improvement Tax Credit - You will recieve a tax refund of 30% of an energy efficient home improvement up to $1,500.  So if you were thinking of replacing heat pumps, doors or windows, now would be a good time.


2.  First Time Home Buyer Tax Credit - $8,000 for homes purchased this year, no pay back if you stay in the home for at least 3 years.  There are income limitations. 
More info:  www.federalhousinetaxcredit.com


3. Higher Reverse Mortgage Loan Limits - FHA insured reverse mortgages increased to $625,500 and available throughout the country.   This, combined with the availability of reverse mortgages on home purchases allows senior citizens to buy a new home and live mortgage payment free wihout having to wait for their old home to sell.

Link to a more in depth article about the Stimulus Benefit:
http://rismedia.com/2009-02-17/will-the-stimulus-benefit-homeowners-and-buyers/



Ready to help you,
Mary Lou Vonderau
Mary Lou's Team
RE/MAX Advantage
205 620-0010
800 306-0010

The Home Buyer Stimulus Package changes regularly.  For the latest info go to:


http://www.federalhousingtaxcredit.com/


Ready To Serve,
Mary Lou Vonderau
RE/MAX Advantage
205 620-0010
800 306-0010

Home Buyer Tax Credit Update Congress is actively considering an expanded home buyer tax credit, and the Senate has approved the following improvements: The tax credit amount increases to $15,000. The tax credit is extended to anyone buying a principal residence. The tax credit will apply to all purchases occuring within a year after the bill is signed into law. It is a true tax credit; it does not have to be repaid. Please call your Senators and urge support for the expanded home buyer tax credit. To reach your Senators, call 1-866-924-NAHB (6242).

For more info:  http://www.federalhousingtaxcredit.com/

We've been getting a lot of questions about the $7,500 tax credit for first time home buyers. 

Here's a website that tells you more about the program:
http://www.federalhousingtaxcredit.com/

If you or someone you know can benefit from this, please let us know.  We would love to sit down and see how it could work for you.

Your Friend In The Business,
Mary Lou Vonderau

205 620-0010
800 306-0010

Have you ever been driving home and notice your neighbor just put their home on the market?  Have you ever wondered what they ended up selling it for?

In this dynamic market, neighborhood values are ever changing.  We would like to offer you the latest information on your neighborhood...FREE with no obligation whatsoever.

Our computers will automatically send you an e-mail whenever a home comes up for sale, a price changes or sells for any neighborhood you are interested in. 

E-mail us and let us know which neighborhoods you are interested in - marylou@marylousteam.com and we will have this set up for you immediately.

Thanks,
Mary Lou