Market Snapshot

Charlotte NC Real Estate SNAPSHOT

 

After several requests for more housing data covering the Charlotte NC, Matthews NC and Mint Hill NC real estate markets we are proud to present our Charlotte NC Real Estate Market SNAPSHOT.

I look forward to your feedback regarding our new program. If you would like to receive this in your inbox, please email me with your name and email address.

Email your request to Rich@RichFerretti.com and enter SNAPSHOT in the subject line.

Enjoy

Rich Ferretti, your Charlotte, Matthews and Mint Hill NC real estate and relocation professional.

Virtual Tour # 60185 - 5617 Sugarcane Ct, Mint Hill, NC, 28227. Powered by FloorPlanOnline

Virtual Tour # 60185 - 5617 Sugarcane Ct, Mint Hill, NC, 28227. Powered by FloorPlanOnline

Rich Ferretti just listed this beautiful 4 bedroom 3 full bath all brick ranch home in lovely Mint Hill North Carolina 28227.

Virtual tour: www.5617SugarCane.com

Mint Hill NC, what a wonderful place to call home. This home is located in the desirable Oxfordshire subdivion. Large lots and cul de sacs makes lots of people call this home.

Call Rich Ferretti, your Mint Hill NC Real Estate Professional @ 704 564 0807 or visit him on the web at
www.MintHillRealty.com



Want more information about the Mint Hill, Matthews and Charlotte area real estate market?
Check out www.minthillrealty.com

Charlotte North Carolina Real Estate Update

Charlotte North Carolina Real Estate Update

Click on the link above to receive the latest info regarding the Charlotte NC real estate update.

Also visit my web site here, where you can get pricing and search for properties.

Make it a great day

Rich

Mint Hill North Carolina

Mint Hill North Carolina

Here's the latest Mint Hill NC real estate update.

Rich Ferretti is your Mint Hill NC real estate professional.

Want to know why your friends and neighbors call Rich Ferretti for all their Mint Hill NC Real Estate needs?

Because Rich gets it done! Period.

There really is a difference...

Mint Hill NC

Union County North Carolina

Union County North Carolina

Here's the latest Union County NC real estate update.

Rich Ferretti is your Union County NC real estate professional.

Want to know why your friends and neighbors call Rich Ferretti for all their Union County Real Estate needs?

Because Rich gets it done! Period.

There really is a difference...

Mint Hill NC-Matthews NC - First Time Home Buyer Tax Credit.

Some of the more commonly-asked questions, and the answers, include:

1. How does a home buyer claim the tax credit?

The credit is claimed when the home buyer files or amends their federal income taxes. For qualifying homes purchased in 2009 or 2010, the taxpayer must complete IRS Form 5405 and attach a copy of the settlement statement. In most cases, the settlement statement is a properly executed Form HUD-1.

In circumstances where a HUD-1 is not provided, such as purchasing a mobile home or a newly constructed home, the IRS will accept an executed retail sales contract (mobile homes) or a copy of the certificate of occupancy (new homes).

2. Does the home buyer have to sell their current home in order to qualify for the $6,500 repeat home buyer tax credit?

A home buyer does not need to sell their current home in order to be eligible for the repeat buyer credit. They can continue to own both homes, and rent or use their former home for something else, as long as it no longer serves as their principal residence. The taxpayer is required to use the new home as their principal residence, and live in it for at least 36 months, or they will have to repay the credit.

3. Do married couples both have to meet the eligibility requirements in order to claim the credit, even if they file taxes separately?

Both spouses must fully meet all the eligibility requirements for either the $8,000 first-time home buyer tax credit or the $6,500 repeat buyer tax credit, regardless of if they file joint or separate tax returns. However, if an unmarried couple purchases a home and only one person qualifies, the eligible person may claim the full credit.

4. Do all home purchases need to be completed by April 30, 2010, in order to be eligible for the credit?

There are two exceptions to the April 30 deadline. If the buyer enters into a binding contract by the deadline, they have until June 30, 2010, to complete the purchase. The deadline has been extended a year, to April 30, 2011, for members of the uniformed services, Foreign Service or employees of the intelligence community who have been on qualified extended duty outside the United States for at least 90 days between January 1, 2009, and April 30, 2010.

For more information, visit www.MintHillRealty.com

Rich Ferretti is your Mint Hill NC real estate and Mint Hill NC relocation professional.