<?xml version="1.0"?><rss version="2.0"><channel><title>Greenville South Carolina Real Estate News &amp; Listings Presented By Keller Williams Realty</title><link>http://www.rogernix.com</link><description></description><lastBuildDate>Thu, 29 Jul 2010 21:32:49 GMT</lastBuildDate><item><title>31 Fox Den Lane, Simpsonville, SC 29681</title><description><![CDATA[<img src="http://www.rogernix.com/property/31-Fox-Den-Lane-Simpsonville-South-Carolina/i/243482/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Better than new!&nbsp; This 3 BR, 2 BA home is just three years old and all on one level.&nbsp; With large rooms and an open floorplan, this home offers over 1,800 sq ft of comfortable living space.&nbsp; The kitchen is spacious and has lots of cabinet space.&nbsp; The adjoining breakfast room is also quite large and has numerous windows to let in the natural lighting from outside.&nbsp; The dining room is also impressive with windows to the backyard and nice views of the landscaping.&nbsp; A huge great room offers neutral colors, a gas fireplace and access to the screened porch.&nbsp; All bedrooms are nice sized with the master bedroom being very spacious.&nbsp; The master bedroom also offers a walk-in-closet and a full bath with two sinks, a garden tub and separate shower.&nbsp; The yard is immaculate and has many wonderful landscaping features that will add color to your Spring.&nbsp; Maintaining the landscaping is made easy by the in-ground irrigation system.&nbsp; Enjoy the full beauty and privacy of the backyard from the large screened porch.&nbsp; Imagine all of these features and more all packed in a home offering a 3 year old roof, HVAC system, hot water heater and more.&nbsp; It's easy, comfortable living with super convenience to I-385 and the shopping, dining and entertaining options of Fairview Road and Woodruff Road...just without the traffic!&nbsp; Come see what all this beautful home has to offer today!</p>]]></description><link>http://www.rogernix.com/property/31-Fox-Den-Lane-Simpsonville-South-Carolina</link><guid>http://www.rogernix.com/property/31-Fox-Den-Lane-Simpsonville-South-Carolina</guid><pubDate>Wed, 21 Jul 2010 17:02:23 GMT</pubDate></item><item><title>122 W. Longcreek Street, Simpsonville, SC 29681</title><description><![CDATA[<img src="http://www.rogernix.com/property/122-W-Longcreek-Street-Simpsonville-South-Carolina/i/241644/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>If you're in the market for a great 3 BR, 2 BA home that is in move-in ready condition, your search is over.&nbsp; With over 1,200 sq. ft., an awesome floor plan and a convenient location this home has tons to offer.&nbsp; Fresh, neutral colors can be found in every room.&nbsp; The great room is large and offers a gas fireplace.&nbsp; In the kitchen, you'll find lots of cabinet space, an updated faucet for the sink and an adjacent breakfast area.&nbsp; The bedrooms are all spacious and the master includes a full bath and walk-in closet.&nbsp; The exterior of the home has a brick front, stone walk-way and lots of nice trees.&nbsp; However, the large deck steals the show.&nbsp; With plenty of room to entertain your family and friends this great space makes you want to be outside.&nbsp; With a two car garage (which includes a door to the backyard), attached outside storage area, great schools and convenient location this home has it all.&nbsp; Come see why it is such a great home for you.</p>]]></description><link>http://www.rogernix.com/property/122-W-Longcreek-Street-Simpsonville-South-Carolina</link><guid>http://www.rogernix.com/property/122-W-Longcreek-Street-Simpsonville-South-Carolina</guid><pubDate>Wed, 14 Jul 2010 00:10:09 GMT</pubDate></item><item><title>103 Waters Edge Drive, Greenville, SC 29609</title><description><![CDATA[<img src="http://www.rogernix.com/property/103-Waters-Edge-Drive-Greenville-South-Carolina/i/241637/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Tranquil beauty so close to downtown!&nbsp; This beautiful 3 BR, 2.5 BA home with over 2,200 sq. ft. sits on two lots to give a very large yard that offers an in-ground irrigation system, fantastic landscaping and an impressive stone water feature.&nbsp; Inside, you'll be greeted by gleaming hardwood floors and a large open foyer.&nbsp; An arched entry welcomes your guests into the large dining room and a continuation of the beautiful hardwoods that cover the entire main level of the home.&nbsp; The great room is large and offers a tall, two-story ceiling; dual-sided fireplace, a build-in bookcase and lots of windows for natural lighting.&nbsp; The kitchen is also bright and open with lots of cabinet space, a gas oven and an adjacent breakfast area.&nbsp; A sunroom shares the dual-sided fireplace with the great room and is the perfect spot to relax and take in the outdoors from inside your great home.&nbsp; Upstairs you'll find all three bedrooms, including the large master bedroom.&nbsp; The master bath has ceramic tile flooring (as do all of the bathrooms), two sinks, a large jetted garden tub and walk-in closet.&nbsp; A convenient walk-in access to attic storage is located at the back of the closet.&nbsp; To top it all off, a huge deck can be found on the back of the home and is the perfect spot for entertaining family and friends.&nbsp; The gas grill is fed by the natural gas system so no propane tanks necessary...the grill even stays with the home!&nbsp; With views of the lake from the front porch, close proximity to downtown, so many neighborhood amenities and all of the outstanding features previously listed, you need to see this home today!</p>]]></description><link>http://www.rogernix.com/property/103-Waters-Edge-Drive-Greenville-South-Carolina</link><guid>http://www.rogernix.com/property/103-Waters-Edge-Drive-Greenville-South-Carolina</guid><pubDate>Tue, 13 Jul 2010 23:46:04 GMT</pubDate></item><item><title>128 Woodbine Trail, Easley, SC 29640</title><description><![CDATA[<img src="http://www.rogernix.com/property/128-Woodbine-Trail-Easley-South-Carolina/i/239166/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>What a great find!&nbsp; You can look, but you'll be hard-pressed to find any home as nice as this for the money.&nbsp; This 3 BR, 2 BA home has over 1500 sq ft and and has been completely updated and FHA approved.&nbsp; The interior has been painted with fresh, neutral colors with all new light fixtures and ceiling fans were added.&nbsp; New flooring and baseboard molding has been installed throughout the home and features a wide-plank laminate hardwood with a walnut finish in the main part of the home, new carpet in the bedrooms and new vinyl in the bathrooms.&nbsp; The kitchen has been updated with stainless steel appliances which all stay with the home (including the refrigerator).&nbsp; The kitchen cabinets have also been refinished and new brushed nickel hardware installed.&nbsp; Double french doors lead from the huge great room to the deck area, backyard and detached garage.&nbsp; Heavy duty storm doors are installed on the front door and laundry room door leading to the backyard.&nbsp; The master bedroom is very large and features a full bath with solid surface counter top, two sinks and brushed nickel fixtures.&nbsp; The yard is over half an acre and fully fenced for pets or kids.&nbsp; A fire pit is also available for entertaining.&nbsp; The front porch is covered and provides a great place to relax after a long day or on the weekend.&nbsp; The detached garage with door opener features a built in workshop and peg board for tools and supplies. With so many great features and updates, you need to come see for yourself why this property should be your next home.</p>]]></description><link>http://www.rogernix.com/property/128-Woodbine-Trail-Easley-South-Carolina</link><guid>http://www.rogernix.com/property/128-Woodbine-Trail-Easley-South-Carolina</guid><pubDate>Fri, 02 Jul 2010 18:28:26 GMT</pubDate></item><item><title>202 Waterbury Court, Simpsonville, SC 29680</title><description><![CDATA[<img src="http://www.rogernix.com/property/202-Waterbury-Court-Simpsonville-South-Carolina/i/235503/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Truly a move-in ready!&nbsp; This 3 bedroom, 2 bath home in a great Simpsonville location has tremendous features that make it a must see.&nbsp; Red oak hardwoods and ceramic tile floors can be found throughout the home (laminate hardwood in kitchen area only).&nbsp; The great room features a gas fireplace and open to breakfast area and kitchen.&nbsp; The kitchen is spacious and has lots of counter and cabinet space.&nbsp; The refrigerator stays with the house!&nbsp; All three bedrooms area nice sized and feature hardwood floors.&nbsp; The master has a large walk-in closet and a great master bath with a garden tub, separate shower, two sinks and ceramic tile floor.&nbsp; A large laundry room is located inside off the garage.&nbsp; The garage has lots of shelving and includes a great work-space that is perfect for the handyman or simply additional storage space.&nbsp; A new roof was added in May of this year and the AC unit is just a couple of years old!&nbsp; The backyard is completely fenced and offers a large deck for entertaining friends and family.&nbsp; With great schools, great location and so many updates you can't afford to miss this one!&nbsp; Come see it today!!</p>]]></description><link>http://www.rogernix.com/property/202-Waterbury-Court-Simpsonville-South-Carolina</link><guid>http://www.rogernix.com/property/202-Waterbury-Court-Simpsonville-South-Carolina</guid><pubDate>Thu, 17 Jun 2010 23:09:08 GMT</pubDate></item><item><title>33 Bailess Court, Greer, SC 29650</title><description><![CDATA[<img src="http://www.rogernix.com/property/33-Bailess-Court-Greer-South-Carolina/i/235169/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>This great 2 BR, 2 BA townhouse in Riverside Townes is in fantastic condition.&nbsp; With over 1,100 sq ft and wood laminate flooring in the great room and bedrooms this home is move-in ready!&nbsp; All appliances (including the refrigerator, washer and dryer) will stay with the home.&nbsp; The great room is huge and features a gas fireplace.&nbsp; A portion of the great room can be used for a dining room if one is necessary, but the kitchen also has an adjacent breakfast area.&nbsp; The master bedroom is large and features two closets and a full bath with a garden tub/shower combo.&nbsp; The backyard area has a large patio and is fully fenced for privacy.&nbsp; Lawn care and exterior maintenance are provided making this home virtually maintenance-free for the owner.&nbsp; A convenient location near shopping and dining options and excellent schools complete the package.&nbsp; Come see this great home today!</p>]]></description><link>http://www.rogernix.com/property/33-Bailess-Court-Greer-South-Carolina</link><guid>http://www.rogernix.com/property/33-Bailess-Court-Greer-South-Carolina</guid><pubDate>Wed, 16 Jun 2010 18:09:15 GMT</pubDate></item><item><title>148 Heritage Point Drive, Simpsonville, SC 29681</title><description><![CDATA[<img src="http://www.rogernix.com/property/148-Heritage-Point-Drive-Simpsonville-South-Carolina/i/234699/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Fantastic customized home in excellent location!&nbsp; You've found it!&nbsp; This 4 BR, 3.5 BA home in Simpsonville has it all.&nbsp; Inside, you'll find an open floorplan, 9ft ceilings downstairs, hardwood and ceramic tile flooring, stainless steel appliances, and a wood burning fireplace.&nbsp; The kitchen is spacious with a large center island, gas cooktop, corian countertops, ceramic tile floors and backsplash and tons of cabinet space.&nbsp; Upstairs, the master bedroom is huge!&nbsp; There is even a large sitting room off the master bedroom making it a true master suite.&nbsp; The master bath is also very large with two sinks, jetted garden tub, separate shower and large walk-in closet.&nbsp; The bonus room is over the den and can be a great 5th bedroom or large rec room.&nbsp; The garage was bumped out an additional 4ft to provide room for any size vehicle.&nbsp; The backyard is fenced and has a detached workshop with electric.&nbsp; The patio is oversized and provides an excellent space for entertaining friends and family.&nbsp; With an outstanding location just outside Heritage Park, great schools and so many wonderful features this home has it all.&nbsp; Come see this beautiful home today!</p>]]></description><link>http://www.rogernix.com/property/148-Heritage-Point-Drive-Simpsonville-South-Carolina</link><guid>http://www.rogernix.com/property/148-Heritage-Point-Drive-Simpsonville-South-Carolina</guid><pubDate>Mon, 14 Jun 2010 23:06:16 GMT</pubDate></item><item><title>8 Renforth Road, Simpsonville, SC 29681</title><description><![CDATA[<img src="http://www.rogernix.com/property/8-Renforth-Road-Simpsonville-South-Carolina/i/234693/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Pride of ownership and decorator's touch set this home apart from the rest!&nbsp; This 4 BR, 2.5 BA has it all.&nbsp; The kitchen is absolutely wonderful with custom finished cabinetry, tile backsplash, center island, new smooth-top oven and large, walk-in pantry.&nbsp; The open floorplan downstairs is great for relaxing or entertaining and features lots of windows for natural lighting to show off the wood laminate floors and new neutral paint.&nbsp; Upstairs, new carpet has been added along with ceramic tile to both full baths.&nbsp; The master bedroom is huge and offers a walk-in closet and full bath with garden tub and separate shower.&nbsp; A large 4th bedroom/bonus room is a versatile addition to meet your needs for living space.&nbsp; Upgraded lighting has even been added throughout the hallway and in the bathrooms.&nbsp; Outside, you can relax in a fully fenced and private backyard.&nbsp; A wooded area and great landscaping complete the scene to make this an excellent space to get away...or entertain friends and family.&nbsp; A new tankless water heater means you'll never have to run out of hot water!&nbsp; With a great location, great schools and so many great features, you owe it to yourself to see this great home...prepare to be impressed.</p>]]></description><link>http://www.rogernix.com/property/8-Renforth-Road-Simpsonville-South-Carolina</link><guid>http://www.rogernix.com/property/8-Renforth-Road-Simpsonville-South-Carolina</guid><pubDate>Mon, 14 Jun 2010 22:52:33 GMT</pubDate></item><item><title>302 Timber Lane, Anderson, SC 29621</title><description><![CDATA[<img src="http://www.rogernix.com/property/302-Timber-Lane-Anderson-South-Carolina/i/228874/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Great starter home in an excellent location!&nbsp; This brick ranch home features 3 bedrooms and 1.5 baths on just over half an acre.&nbsp; Inside, you'll find a wood-burning fireplace with brick surround, open living and dining space and a kitchen with lots of cabinet and counter space, a great eat-at bar and refrigerator which stays.&nbsp; All bedrooms have ceiling fans and nice closet space.&nbsp; The laundry room is huge and comes with the washer and dryer!&nbsp; The outside of this great home is a quiet peaceful retreat.&nbsp; Nice landscaping and a cozy front porch welcome guests or passersby...more great landscaping can be found along the driveway.&nbsp; In the back a 20 x 10 deck offers an excellent place to entertain family and friends.&nbsp; With two out buildings in the back and a storage room and separate storage closet in the carport, you'll never have a problem with where to put your things.&nbsp; One out building is even wired with electric.&nbsp; The carport is side-entry and is large enough to two cars, but there is also a detached carport measuring 28 x 22 that is great for your boat, RV or just a covered space for entertaining.&nbsp; Close to the lake, the interstate, many dining and shopping options and zoned for great schools, this home is ideally set up for convenience.&nbsp; Come see this great home before it is gone!</p>]]></description><link>http://www.rogernix.com/property/302-Timber-Lane-Anderson-South-Carolina</link><guid>http://www.rogernix.com/property/302-Timber-Lane-Anderson-South-Carolina</guid><pubDate>Fri, 14 May 2010 20:45:27 GMT</pubDate></item><item><title>213 Roper Mountain Road Ext., Greenville, SC 29615</title><description><![CDATA[<img src="http://www.rogernix.com/property/213-Roper-Mountain-Road-Ext-Greenville-South-Carolina/i/226805/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Equestrian getaway just off Pelham Road!&nbsp; There's no need to live miles away from Greenville's amenities when you can find over 4.5 acres so close to town.&nbsp; This rare multi-acre tract features a spacious split-level home, four stall barn with hay loft, tack room, electric and water.&nbsp; Also a separate and workshop with electric.&nbsp; With finished space totalling over 2,600 sq ft, this home offers four bedrooms, three full baths, two fireplaces and a large screened porch off the lower level living space.&nbsp; Amazing and diverse landscaping that explodes with color greets you coming or going.&nbsp; Set back from the road and surrounded by nature, you'll never feel that you're so close to everything you could want.&nbsp; This is truly a rare find that anyone wanting to escape the routine of a typical subdivision needs to see.</p>]]></description><link>http://www.rogernix.com/property/213-Roper-Mountain-Road-Ext-Greenville-South-Carolina</link><guid>http://www.rogernix.com/property/213-Roper-Mountain-Road-Ext-Greenville-South-Carolina</guid><pubDate>Tue, 04 May 2010 20:24:53 GMT</pubDate></item><item><title>Home Buyer Tax Credit Expires Soon</title><description><![CDATA[<p>The Federal Government's tax credit for first-time and repeat home buyers is set to expire soon!&nbsp; To take advantage of the&nbsp;tax credit home buyers must be under contract by April 30, 2010.&nbsp; Details of the program are as follows:</p>
<ul>
<li>$8,000 tax credit until April 30 for first-time home buyers. </li>
<li>$6,500 tax credit for buyers that have lived in primary residences for at least five consecutive years out of the last eight.&nbsp; This credit will also expire April 30. </li>
<li>Home buyers&nbsp;must enter into contracts to purchase their homes by April 30 and close by June 30 to be eligible for the credits. </li>
<li>Income eligibility range is&nbsp;up to&nbsp;$125,000 for individuals and $225,000 for couples. &nbsp;The same limits apply to the credit for existing home owners. </li>
<li>Excludes homes with purchase prices exceeding $800,000.</li>
</ul>
<p>Unlike the previous expiration of the first-time home buyer tax credit in November 2009, there is no indication that this program will be extended.&nbsp; Home buyers are urged to take advantage of this program before the end of this month to get the monetary benefit&nbsp;of being a home buyer.&nbsp;</p>
<p>Call me if you have any questions about the home buyer tax credit program and begin your home search today.</p>]]></description><link>http://www.rogernix.com/Blog/Home-Buyer-Tax-Credit-Expires-Soon</link><guid>http://www.rogernix.com/Blog/Home-Buyer-Tax-Credit-Expires-Soon</guid><pubDate>Mon, 05 Apr 2010 03:00:00 GMT</pubDate></item><item><title>Greenville Makes Top 20 List of Housing Markets!</title><description><![CDATA[<p>Good news keeps rolling in for Greenville's housing market -- last month Builder magazine named it one of the Top 20 healthiest markets in the nation for 2010!</p>
<p>Citing the area's growing population, affordable housing, and expected job growth this year, Builder ranked the Greenville-Mauldin-Easley metro area No. 19 on its list of markets expected to recover most quickly.</p>
<p>Check out the numbers for yourself:</p>
<ul>
<li>Median resale home sold for $139,000 at the end of 2009</li>
<li>Population: 635,000</li>
<li>Expected 1.1% gain in total employment for 2010</li>
<li>13% increase in total building permit activity in fourth quarter of 2009</li>
</ul>
<p>What does this mean for you when it comes to buying or selling a home in Greenville? That now's a great time to buy or sell -- or do both! Call me today to find out how to make this growing market work for you!</p>]]></description><link>http://www.rogernix.com/Blog/Greenville-Makes-Top-20-List-of-Housing-Markets</link><guid>http://www.rogernix.com/Blog/Greenville-Makes-Top-20-List-of-Housing-Markets</guid><pubDate>Sun, 21 Mar 2010 03:00:00 GMT</pubDate></item><item><title>Why Greenville is Great</title><description><![CDATA[<p>Those of us who live in Greenville, S.C., already know how fantastic the award-winning downtown area is, with its unique restaurants and shops, thriving arts community, and beautiful waterfall park -- right in the heart of downtown!</p>
<p>If you're thinking about making a move, check out the recent Greenville city profile in <em>US Airways Magazine</em> to learn more about its unique combination of culture, business and lifestyle.</p>
<p>And if you've already decided to move and need to find a home, I'll be happy to help. I think you'll love living in Greenville -- I do!</p>]]></description><link>http://www.rogernix.com/Blog/Why-Greenville-is-Great</link><guid>http://www.rogernix.com/Blog/Why-Greenville-is-Great</guid><pubDate>Mon, 15 Mar 2010 03:00:00 GMT</pubDate></item><item><title>South Carolina Now Offering $40 million in Housing Aid to Teachers, First Responders -- Act Fast!</title><description><![CDATA[<p style="text-align: center;"><img src="http://www.schousing.com/images/Top%20Image/palmHeroes.jpg" alt="Palmetto Heroes logo" width="467" height="177" /></p>
<p>If you are a teacher or an emergency first responder -- including police officers, firefighters, EMT workers, and correctional officers -- South Carolina wants to help you buy a home!</p>
<p>The 2010 Palmetto Heroes Program now has $40 million in aid to help the states's heroes buy a home, including</p>
<ul>
<li>up to $7,000 in down payment assistance</li>
<li>a low interest rate of 5.125%</li>
</ul>
<p>Borrowers must meet South Carolina's first-time home buyer requirements. Note that qualifications for state aid vary and income restrictions  apply.</p>
<p>First-time home buyers who purchase before April 30 can also take advantage of the federal tax credit incentives -- when you combine both programs, that's as much as $15,000 in assistance to help you buy your home!</p>
<p>Loans are available on a first-come, first-served basis. You  must have an accepted sales contract on a home before you can reserve funds, so call me today for help finding the home of your dreams -- it has never been more affordable!</p>]]></description><link>http://www.rogernix.com/Blog/South-Carolina-Now-Offering-40-million-in-Housing-Aid-to-Teachers-First-Responders-Act-Fast</link><guid>http://www.rogernix.com/Blog/South-Carolina-Now-Offering-40-million-in-Housing-Aid-to-Teachers-First-Responders-Act-Fast</guid><pubDate>Mon, 08 Mar 2010 04:00:00 GMT</pubDate></item><item><title>Housing Recovery Begins in Greenville</title><description><![CDATA[<p>January brought signs of recovery for the Greenville, S.C., housing market, according to a recent article in <em>The Greenville News</em> ("Housing 'recovery beginning' here," Angelia Davis, Feb. 13, 2010). In the article, local real estate experts noted that Greenville's sales volume was up 14.9 percent to $63 million in January from last year's numbers.Sources attributed much of the increase to tax credit incentives for first-time home buyers and repeat buyers, which expire on April 30 this year.</p>
<p>As market activity increases and home inventory levels decrease, we can expect home prices to increase. As noted in the article, the average home price in the Greenville market was up 4.2 percent, from $165,734 in January 2009 to $172,662 in January this year.</p>
<p>Now is a great time to buy a home in Greenville. You can take advantage of the government's tax credit incentives to buy now at an affordable price, and as the market continues to recover, your home will only increase in value.</p>
<p>If you'd like to talk about how to get started now on building an investment that can last a lifetime, feel free to give me a call. I'll be happy to answer your questions!</p>]]></description><link>http://www.rogernix.com/Blog/Housing-Recovery-Begins-in-Greenville</link><guid>http://www.rogernix.com/Blog/Housing-Recovery-Begins-in-Greenville</guid><pubDate>Wed, 03 Mar 2010 04:00:00 GMT</pubDate></item><item><title>Should I Buy a Home Now?</title><description><![CDATA[<p>I&rsquo;m often asked if this is a good time to buy a home.&nbsp; Some clients are concerned that home prices may fall further than they have already.&nbsp; They are assuming that the best course of action is to wait for the bottom in the market and then buy.&nbsp; The problem with this approach is that you don&rsquo;t know where the bottom is until you see it in the rear view mirror, meaning until you&rsquo;ve missed it!</p>
<p>Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability.&nbsp; Even though interest rates have gone up in the last six months, they are still near historic lows.&nbsp; Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!</p>
<p>While a home is a major investment, it is also the center of your personal life.&nbsp; It&rsquo;s important to live in a home that reflects your taste and values, yet is within your financial &ldquo;comfort zone.&rdquo;&nbsp; To that end, it may be more important to lock in today&rsquo;s relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.</p>
<p>Please give me a call if I can be of any assistance in determining how much home you can afford in today&rsquo;s market.</p>]]></description><link>http://www.rogernix.com/Blog/Should-I-Buy-a-Home-Now</link><guid>http://www.rogernix.com/Blog/Should-I-Buy-a-Home-Now</guid><pubDate>Tue, 27 Jan 2009 18:29:00 GMT</pubDate></item><item><title>New $7,500 Tax Credit for First Time Buyers</title><description><![CDATA[<p>The Housing and Economic Recovery Act of 2008 was just signed by President Bush with some amazing benefits for first time homebuyers.&nbsp; Call everyone you know who wants to buy their first home (or who hasn&rsquo;t owned one in three years), this is too good to miss &ndash; it&rsquo;s a $7,500 tax CREDIT (not deduction but a credit).</p>
<p>If you have not owned a home in three years, you qualify as a first time home buyer.&nbsp; If you buy a home after April 9, 2008 and before July 1, 2009, you qualify for this credit.&nbsp; Call your friends who just bought a home since April 9th and tell them they may take $7,500 off their tax bill if they qualify.&nbsp; It has to be your principal residence, so rentals do not count.</p>
<p>The tax credit is 10% of the cost of the home, up to a maximum of $7,500. This is not an additional deduction that lowers the amount of income to be taxed, it is a tax credit.&nbsp; In other words, you take $7,500 off your tax bill.&nbsp; But there is a catch; the credit you receive now is actually an interest-free loan that must be repaid.</p>
<p>The loan has no interest, and will be paid back over 15 years.&nbsp; You get the credit on your 2008 taxes, but you start paying it back on your 2010 taxes that are due in 2011, so you get at least two years without a payment.&nbsp; You pay back 6.67% of the credit each year, so for a $7,500 credit the payment is $502.50 per year.&nbsp; If you stay put for 15 years, you pay it off with no interest.</p>
<p>What happens if you sell the house?&nbsp; You pay the balance back at the closing.&nbsp; So, you get $7,500 now, and pay the rest of it back if you make money on the sale of your house.&nbsp; What happens if you do not make enough money when you sell your house?&nbsp; They forgive the rest of the debt.&nbsp;</p>
<p>Other restrictions stipulate that you have to buy your first house in three years before July 1, 2009, not have super high income, not use bond financing and buy anywhere in the US.</p>
<p>If you&rsquo;d like to learn more about this program, please call me!</p>]]></description><link>http://www.rogernix.com/Blog/New-7500-Tax-Credit-for-First-Time-Buyers</link><guid>http://www.rogernix.com/Blog/New-7500-Tax-Credit-for-First-Time-Buyers</guid><pubDate>Tue, 27 Jan 2009 18:29:00 GMT</pubDate></item></channel></rss>