First Time Home Owner $8000 Tax Credit - Expiring soon!!

Are you interested in buying your FIRST HOUSE? I remember when Tim and I made our first real estate purchase. Boy was it scary. And it took us a long time to make up our minds. However, we are sure glad we did it!!

WHY should you purchase now as a qualified First Time Home Buyer?

• LOW interest rates for mortgages
  
• LOW prices for real estate
• $8,000 tax credit, for qualifiying FIRST time homebuyers

Regarding the $8,000 tax credit, IF you qualify, decision time is NOW! The tax credit expires on November 30, 2009. That means the "closing" date for the purchase MUST take place by the end of November. And in general, it takes 45-60 days from the date of purchase for a sale to close. So that means that you have only 16 days (the rest of the days in September) to get an offer on that first house accepted. There is "talk" that Congress may extend the credit, but nothing factual yet! See next blog for more on info on the First Time Homebuyer Tax Credit.

16 days and counting..... and $8,000 in your pocket!!

Laugh Your Way Through Marriage

Just returned from "Laugh Your Way Through Marriage" , a LIVE seminar with Mark Gungor and hosted on Kauai by Kauai Christian Fellowship Church. WOW! Good job Mark...you made me laugh and you made me think!!

Brand New Kapaa House- VERY LOW PRICE, but going back UP

$335,000

Kapaa, Kauai, Hawaii

3 bedrooms & 2.50 baths
984 sq ft of living area on 4,241 sqft of land
Fee simple ownership - Res-Condo

Includes: Carpet, Disposal, Drive, Floor Tile, Gar/Car Ea Unit, Laundry, Refrigerator, Range, Storage Area, Smoke/Heat Detector
Remarks: BRAND NEW HOME JUST COMPLETED. Quiet neighborhood ,great view of Sleeping Giant. The neighboring home is also available for purchase if you want to live in one and rent the other. See MLS 203305. This is a CPR and it is final. This sale may be subject to bank approval.

In July 2008 this house went on the market for $575,000. Recently, the price dropped down to $320,000. However, it is currently on it's way back up.