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The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify. For sales occurring after November 6, 2009, the Act establishes income limits of $125,000 for single taxpayers and $225,000 for married couples filing joint returns.The income limits for sales occurring on or after January 1, 2009 and on or before November 6, 2009, are $75,000 for single taxpayers and $150,000 for married taxpayers filing joint returns. Frequently asked questions about First-Time Home buyers Tax Credit Frequently asked questions about the Move Up/Repeat Home Buyers Tax Credit Information provided by: www.federalhousingtaxcredit.com |
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 Lighting is one of the biggest energy gobblers in your house, eating up between 10% and 20% of your total electric bill. But it’s also one area of the home where a minimal effort can yield major returns. Simply replacing standard incandescent light bulbs with compact fluorescents can lower operating costs by as much as 75% per bulb. And in places where you can’t—or don’t want to—switch to CFLs, you can use higher-efficiency incandescents and even make your existing conventional lighting cheaper to operate. When new federal legislation takes effect in 2012, all light bulbs will have to meet tougher energy-efficiency standards. But with a few small changes, you can start saving money right now.
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The Flint Area Association of REALTORS® goal is to provide quality services for all our members. We offer top-of-the-line MLS services utilizing the feature-rich Kinnexus software, as well as offering training to ensure our members have the knowledge and skills necessary to succeed in all real estate professions. Many benefits are offered to our members and information is provided to guarantee our members have the most current and reliable information of any news or law changes that may effect their profession. Our Mission is to unite those engaged in the real estate profession to further the interest of home and other real property ownership, and to designate, for the benefit of the public, individuals authorized to use the term REALTOR® and REALTORS® as licensed, prescribed, and controlled by the NATIONAL ASSOCIATION OF REALTORS®. Association Objectives
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