November 8, 2009
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
AND ALSO expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.
The bill would extend the present $8,000 tax credit for first-time home buyers through April 30, 2010. Current homeowners are eligible for a $6,500 tax credit through April 30, provided they have lived in the home they are selling, or have sold, as principal residence for five consecutive years in the past eight years.
If potential home buyers have a binding contract on or before April 30th, they will have until July 1 to close the transaction.
Income limits for eligible home buyers are expanded to $125,000 for single buyers and $225,000 for couples. The purchase price of the home cannot exceed $800,000. To help guard against fraud, buyers are required to attach documentation of purchase to their tax return.
The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.
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Lewes Real Estate News, National Real Estate News, Rehoboth Real Estate News | Tagged: Home Buyer Tax Credit Extension, Tax Credit for Home Buyers |
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Posted by Lee Ann Wilkinson
November 8, 2009
MY FIRST SALE, a brand new HGTV show, is looking for first-time home sellers and their agents, in the Tri-State area. “My First Sale” showcases homeowners who are selling their first place, along with their agents. The format is very similar to the hit show, “My First Place” but this time the producers want to show the inherent drama and selling strategies being used in the current real estate market in the Tri-State area.
The selected first-time sellers will be rewarded with a compensation check at the end of taping to thank them for being on the show. According to HGTV’s press release, they are looking for fun, financially motivated and candid sellers who are getting ready to sell their first place, and willing to share all the details of their transactions (including financial details) with the audience.
If this is something that you think could be a good fit for you, please call me. I’d love to help you sell your home and I’ll be happy to help you apply for the program – Lee Ann
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Lewes Real Estate News, Rehoboth Real Estate News | Tagged: My First Sale, National Real Estate News, Real Estate in Lewes DE, Selling Your Home, TV Shows about Real Estate |
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Posted by Lee Ann Wilkinson
November 17, 2009
Southeastern Delaware Artists Studio Tour (self-guided), on Friday November 27th and Saturday November 28th, 2009 from 10 a.m. to 4 p.m. each day. 19 artists’ studios throughout Southeastern Sussex County will be open and artists will demonstrate or display their crafts. Tour includes a raffle with a work donated by each artist with a value of more than $5,000. Raffle tickets are available for $10; $25 for three tickets. All proceeds to benefit the art departments at local schools. For more details and to get your free downloadable map to the studioes, visit www.artstudiotour.com.
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Calendar, November | Tagged: Bethany, family activities, Free Family Events, Lewes, Ocean View, Rehoboth |
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Posted by Lee Ann Wilkinson
November 17, 2009
Epworth United UM Church is hosting a free thanksgiving Day diner at 1 PM at the churfch on Holland Glade Road, just North of Rehoboth Beach, DE. Call 302-227-7743, ext 125 and leave them your name and how many people you will be bringing.
Long Neck United Methodist Church will also be hosting a free thanksgiving dinner from noon to 2 pm at the church on Long Neck Road, east of Millsboro, DE. For details call 302-947-9221.
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Calendar, Lewes, November, Rehoboth | Tagged: Free Dinner, Free Events, Free Family Events, Free Thanksgiving Dinner, Lewes, Rehoboth, Thanksgiving |
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Posted by Lee Ann Wilkinson
November 8, 2009
Join the Lewes Presbyterian Church (on Kings Highway in downtown Lewes) for a FREE Thanksgiving Feast on Sunday November 22nd from 4 PM to 7 PM.
ALL ARE WELCOME to this extraordinary celebration of community in a gathering served by volunteers from many different local community organizations. You will not want to miss out on the great food and great fellowship enjoyed by young and old alike at this very special event.
New or gently used winter coats will be available for distribution downstairs. Carry Out Meals will also be available if you would like to bring food home for friends or family who can not make it to the church.
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Calendar, Lewes, November | Tagged: Free Family Events, Free Thanksgiving Dinner, Thanksgiving in Lewes DE |
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Posted by Lee Ann Wilkinson
November 8, 2009
Informational meeting to learn about the Creative Mentoring, Seasons of Respect, Creative Transitions and Connecting Generations programs presented by Marie McIntosh and Jim Wilson, 4:30-5:30 p.m. at the Lewes Public Library, Kings Hwy. and Adams Ave., Georgetown. For details and to register, call Stephanie Ferrell, 302-656-2122, Ext. 14.
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Calendar, November |
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Posted by Lee Ann Wilkinson
November 8, 2009
The Woods Tea Company to perform Celtic music, bluegrass, sea shanties and folk songs, 9 a.m. to 4 p.m. at Epworth United Methodist Church, Holland Glade Rd. just north of Rehoboth Beach. Light meal to follow. Tickets, $20 per person. For details and tickets, call 227-7743.
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Calendar, November | Tagged: Blue Grass Music, Celtic Music Delaware, Family Events Rehoboth, Family Fun Lewes, Family Fun Rehoboth Beach DE |
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Posted by Lee Ann Wilkinson