Purchasing a Home: Is the Timing Right?

As we prepare to close out the year I think most of us would agree that 2009 has been a year of uncertainty. Perhaps you are one of the many individuals that has put off buying a new home or moving up because of all of the uncertainty. Yet certain tax credits have been in place to make the purchasing of a new home possible for individuals that qualify for its benefits.
Congress recently passed the bill, the Worker, Homeownership and Business Act of 2009 which extended the First-Time Homebuyer Credit. Don't let the long title put you off in trying to understand its benefits. The bill opens up new opportunities for existing homeowners residing five or more years in their principal residence as well as extending the time to purchase for the first-time buyer (those not owning a principal residence in the past three years).
Some of the things you might want to know about the credit itself and qualifying for it are relatively straight-forward. For example, you must buy or be in a binding contract to purchase a principal residence on or before April 30, 2010. If you do find yourself in a binding contract on April 30th then you must close the deal on or before June 30, 2010 to remain eligible.
Existing homeowners that qualify are eligible for a maximum credit of $6,500. A $3,250 limit applies for married couples that file separately. The maximum credit of $8,000 remains in effect for first-time homebuyers who qualify.
If you are considering purchasing a home please feel free to call me with your questions or concerns and we can discuss the possibilities. Working together we can make a good start for 2010. Extending warm wishes for you and your family during this holiday season.

What Any Respectful Grandparent Would Do

It's the wonderful holiday season and wanting to share it with grandchildren is a desire of most grandparents. As any respectful grandparent will tell you there are more than a few things they will do for a grandchild that they might not of done for the child. Perhaps it's because they realize that it's only a few, short years until they are grown and out of the house. Or maybe it's knowing that they can spoil them and send the grandchild home. Whatever the reason life with grandchildren can be fun and funny!

Autumn in Plano, Texas

If you would like to know more about homes in Plano, see my website at http://teralmc.com/

I look forward to hearing from you.

Posted via email from teralmc

It's a GOOD Life! Creekside Estates, WYLIE

What a glorious first day of November at Creekside Estates, Wylie, TX.
The community hosts this beautiful pond in the heart of its neighborhood where residents can fish (catch and release) or wander around the walking trail enjoying all that nature has to offer.

If you would like to know more about Creekside Estates or any other community surrounding Wylie, Sachse, Murphy or Allen please give me a call directly (972) 795-2571 for a free consultation on the area's homes.

Fall Back Spring Forward

Do you find yourself saying over and over "fall back spring forward"? I must admit; I do. Even though I know it's that time of the year when I go to reset my clock that simple saying grown so familiar to most of us pops up in my mind. I find myself repeating it as I walk through my home resetting all the clocks. Today is not only the day to remember to fall back but it's also Halloween. So treat yourself to an extra hour today or else you could feel tricked in the morning.




photo courtesy of dreamstime

Finding a Home is Not for Everyone

There is a home for everyone and finding it is not for everyone. Getting over the hurdle of buy / buy not was perplexing enough for most homebuyers. Following closely in the footsteps of that decision are more questions than most homebuyers care to address. Ultimately all decisions should be made by the homebuyer but their greatest asset in the process is their real estate agent.

 

Choosing a real estate agent that will represent all of your interests is important. Finding one that you can trust and feel comfortable with is another. Not all real estate agents are the same. All agents are required to be licensed by the state of Texas but only those real estate agents that belong to the National Association of Realtors, NAR can be called "Realtor". A "Realtor" is held accountable to a higher standard based on the Code of Ethics established by NAR and helps to insure the homebuyer that their interests are indeed the focus of the agent.

 

As a Texas Realtor I adhere wholeheartedly to the values addressed in the Code of Ethics. It is my desire to instill confidence and trust into every working relationship so that together we can find your dream home today.

 

 

Posted via email from teralmc

Creekside Estates Wylie, Texas

Nestled along the borders of Murphy, Parker and Wylie is the quiet, family-friendly neighborhood of Creekside Estates. Saturday, October 3, 2009 the neighborhood will be hosting its annual fall festival and celebrating National Night Out. Food, contests and live entertainment are planned for the residents of Creekside Estate. Life is good in Wylie. Life is good in Creekside Estates.

 

If you are interested in the homes available in Creekside Estates, Wyle call me for a consultation.

 

Teral McDowell, Realtor

C21 Posey Properties

(972) 795-2571

 

 

See and download the full gallery on posterous

Posted via email from teralmc