Elk Grove Real Estate

<h1>Elk Grove Real Estate</h1> <p></p><table width="100%" height="100%" border="0" cellpadding="0" cellspacing="0"><tr><td height="26"><a class="menuItem" href="/About.aspx?ID=11424">About Me</a></td></tr><tr><td height="26"><a class="menuItem" href="/toolkit.aspx?ID=11424">Home Finder</a></td></tr><tr><td height="26"><a class="menuItem" href="/Listings.aspx?ID=11424">Featured Listings</a></td></tr><tr><td height="26"><a class="menuItem" href="/OfficeListings.aspx?ID=11424">Office Listings</a></td></tr><tr><td height="26"><a class="menuItem" href="/Search/Default.aspx?ID=11424">Property Search</a></td></tr><tr><td height="26"><a class="menuItem" href="/HomeValue.aspx?ID=11424">Find Your Home's Value</a></td></tr><tr><td height="26"><a class="menuItem" href="/Buyer/BuyerInformation.aspx?ID=11424">Buyer Information</a></td></tr><tr><td height="26"><a class="menuItem" href="/Seller/SellerInformation.aspx?ID=11424">Seller Information</a></td></tr><tr><td height="26"><a class="menuItem" href="/Calculators.aspx?ID=11424">Calculators</a></td></tr><tr><td height="26"><a class="menuItem" href="/Links.aspx?ID=11424">Helpful Links</a></td></tr><tr><td height="26"><a class="menuItem" href="/RealEstateGlossary.aspx?ID=11424">Real Estate Glossary</a></td></tr><tr><td height="26"><a class="menuItem" href="/Contact.aspx?ID=11424">Contact</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=5539&ID=11424">Pricing Trends</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=5540&ID=11424">Community Profile</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=5543&ID=11424">School Info/Great Schools</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=5932&ID=11424">Get Pre-Approved</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=6303&ID=11424">Lyon Relocation Package</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=6387&ID=11424">Short Sale Qualifications</a></td></tr> </table> <p><div>In 2010, take advantage of the homebuyer tax credit and upgrade to a new home or purchase your first home by April 30th.  </div> <div> </div> <div>All you need to do to get started is click on any of the links to the left. Enjoy these tremendous online tools and remember that you can also count on me to help you every step of the way.  I look forward to helping you with your real estate needs!</div> <div>Regards,</div> <div style="font-size: 18pt; font-family: Verdana"><em><font style="font-family: Verdana" face="Tahoma" size="2"><span style="font-size: 24pt"><em><font style="font-family: Verdana" face="Tahoma" size="2">Tanya Jeske</font> <div><img alt="" src="/HomepageImageGallery/21337/15473.jpg" border="0" /><embed style="width: 283px; height: 64px" pluginspage="http://www.macromedia.com/go/getflashplayer" src="http://static.ning.com/socialnetworkmain/widgets/index/swf/badge.swf?v=200911242100" width="283" height="64" type="application/x-shockwave-flash" allowfullscreen="true" allowscriptaccess="always" scale="noscale" bgcolor="#FFFFFF" flashvars="backgroundColor=0xFFFFFF&textColor=0x2E5F87&config=http%3A%2F%2Fnarsfr.ning.com%2Fmain%2Fbadge%2FshowPlayerConfig%3Fxg_source%3Dbadge%26xn_auth%3Dno%26x%3DLE3lGHfU0YEdFn17f024Qq4dpozM9Heh%26size%3Dtiny%26username%3D0bghsluwbr1nf" wmode="opaque"></em></span></font></em>  </embed><br /> <small><a href="http://narsfr.ning.com/">Visit <em>NAR's Short Sales and Foreclosure Resource Certification</em></a></small><br /> </div> </div></p><p><div><strong style="font-size: 14pt; color: #0000ff"><span style="font-size: 14pt; color: #339966"><strong style="font-size: 14pt">Home Buyer Tax Credit:</strong> </span></strong> <div> </div> From Smartmoney - The Tax Guy by Bill Bischoff</div> <div> </div> <div style="font-size: 8pt"><span style="font-family: Verdana">On Nov. 6, the president signed the new Worker, Homeownership, and Business Assistance Act of 2009 into law. The centerpiece of this legislation is the extension and liberalization of what is now inaccurately called the first-time home buyer credit. Here are just some of the important things to know about the revamped credit. </span> <div> </div> </div> <div><span style="font-family: Verdana"><span style="font-family: Arial"><span style="font-size: 8pt"><strong>1.</strong> New purchase deadline extends into 2010. The home buyer credit was previously scheduled to expire on Nov. 30, 2009. The new law extends the deal to cover purchases of U.S. principal residences that close by April 30, 2010. However, if a home is under contract on that date, the deadline for closing is extended to June 30, 2010. </span></span></span></div> <div><span style="font-family: Verdana"><span style="font-family: Arial"><span style="font-size: 8pt"><strong>2.</strong> Existing homeowners can now qualify. The new law allows a reduced credit for existing homeowners who buy a replacement U.S. principal residence after Nov. 6, 2009. The credit equals the lesser of: (1) $6,500, or (2) 10% of the price of the replacement home, or (3) $3,250 for a buyer who uses married filing separate status. The new existing-homeowner credit is only available for purchases that close after Nov. 6, 2009. To qualify, the buyer must have owned and used the same home as a principal residence for at least five consecutive years during the eight-year period ending on the purchase date for the replacement principal residence. If you’re married, your spouse must pass this test too (whether or not you file jointly).</span></span></span></div> <div><span style="font-family: Verdana"><span style="font-family: Arial"><span style="font-size: 8pt"><strong>3.</strong> Larger credits still allowed for first-time buyers. Before the new law, the home buyer credit was only available to so-called first-time buyers, which means someone who had not owned a U.S. principal residence during the three-year period ending on the purchase date for a home that will serve as the buyer’s new principal residence. If you’re married, both you and your spouse must pass the three-year test (whether or not you file jointly). These first-time home buyer rules still apply for purposes of claiming a larger credit of up to $8,000. Specifically, the credit for a first-time buyer still equals the lesser of: (1) $8,000, or (2) 10% of the home purchase price, or (3) $4,000 if you use married filing separate status. </span></span></span></div> <div><span style="font-family: Verdana"><span style="font-family: Arial"><span style="font-size: 8pt"><strong>4.</strong> Higher-income folks can now qualify.  The home buyer credit is phased out (reduced or completely eliminated) as income goes up. However, the new law significantly raises the phase-out ranges so that many more higher-income buyers will now qualify. * For purchases after Nov. 6, 2009, the phase-out range for unmarried individuals and married folks who file separately is between modified adjusted gross income (MAGI) of $125,000 and $145,000 (way up from the old-law range of $75,000-$95,000). * The phase-out range for married joint filers is now between MAGI of $225,000 and $245,000 (way up from the previous range of $150,000-$170,000).</span></span></span></div> <div><span style="font-family: Verdana"><span style="font-family: Arial"><span style="font-size: 8pt"><strong>5.</strong> New $800,000 purchase price limit.  For purchases after Nov. 6, 2009, the credit can only be claimed for a principal residence that costs $800,000 or less. So if your new home costs $800,001, the credit is completely off limits (but I doubt too many people will feel sorry for you). </span></span></span></div> <div><strong><span style="font-family: Verdana"><span style="font-family: Arial"><span style="font-size: 8pt"> </span></span></span></strong></div></p><p><p><font face="Tahoma" size="2"><iframe id="flx-iframe" style="height:780px;width:900px;border:none" frameborder="0" scrolling="no" src="http://www.foreclosureradar.com/flx.php?id=4a9572cbbeeed&w=900"></iframe></font></p></p>