A Real World Example of the $8000 Tax Credit

This morning Melanie had I had a closing with a couple of terrific clients!!! What's pretty amazing is that they bought a $325,500 home, with $8200 as a downpayment. What's even more amazing is that they will get most of their downpayment back through the $8000 tax credit.

Think about it...they put $8200 down and will get an $8000 tax credit back. The math is easy...for a $200 investment our client's are getting a home they've always wanted. Now is the time to take advantage of great interests rates and free money! The tax credit ends December 1st, 2009

Check out The Van Thompson Group's Facebook Page

Melanie & I have published our Facebook page so that all of our friends and clients can keep an eye on us and a finger on the pulse of the real estate market in Atlanta.

Check it out:

http://www.facebook.com/pages/Atlanta-GA/Van-Thompson-Group/32122120403


There are SO MANY good reasons to buy real estate now...

1. An $8000 tax credit that is paid to you! Basically, you are getting back your down-payment money. And, this tax credit DOES NOT have to be repaid!!!

2. Atlanta currently has the lowest interest rates in the country.

3. There are countless motivated Sellers, which translates into countless opportunities for you to pick up a great deal.

4. The real estate market is/will recover and it's best to buy at the bottom. There is absolutely no way to time the market until it's too late.

5. Start building your wealth and stop making your landlord RICH!!!

The list could go on & on. Just take our word for it...you should definitely be buying real estate!!

How the Stimulus Package Affects You

How the Economic Stimulus Package Affects Home Owners
Credit for first-time homebuyers: The bill increases the size of an existing temporary and refundable first-time home buyer credit to $8,000, up from $7,500. It also removes the requirement under current law that the credit be paid back if the buyer stays in the home for at least three years. And it would extend the credit's expiration date to Dec. 1, 2009, from July 1. Those eligible for this credit must have purchased a home after Jan. 1, 2009, and before Dec. 1, 2009. The full credit is available to those making $75,000 or less ($150,000 for joint filers).

Good News for '09!!!!

Van Thompson is feeling completely optimistic about the real estate market in 2009. Forbes just published an article saying that Atlanta is one of 10 cities that will emerge from the house slump with growth, both in the resale market and new homes.

Now's the time to jump in...get historically low rates and an $8000 tax credit to boot!!

P.S. Atlanta currently has the lowest mortgage rates of whole THE COUNTRY!!!

Green Living in the Heart of East Lake

Check out our new listing in East Lake Commons. This community is one of very few co-operative communities in the city. ELC boasts organic gardens, huge playground area, community center for weekly meals and entertainment. This is a secure, gated community with hiking trail, pond and recycling center.

Check it out...