New Listing - Bank Owned

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5000 Main Street

Anywhere, USA

$300,000

4 Bedrooms, 3.5 bathrooms

Fenced back yard

Gourmet kitchen

Large deck overlooking wooded area

New carpet and paint

A great buy in a down market. This home is in a great neighborhood with good schools and shopping nearby. Say as much about the house as you want and then link to the MLS page through your IDX.

$8000 Tax Credit For New Home Buyers

Now that it’s official and President Obama has signed the economic stimulus bill, we have some clarification on how the $8000 first time homebuyer tax credit will work. Here are the details:

1. The tax credit is worth $8,000 or 10% of the home’s value (whichever is less). FYI: A tax credit is a dollar for dollar reduction in the amount of taxes owed (much better than a tax deduction which only reduces your taxable income amount that your tax bill is based on). Read more