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Extension of Tax Credit

NAR Hard at Work-

The United States Senate is expected to vote today on a bill to extend Unemployment Insurance benefits.  This bill will contain the Dodd - Lieberman - Isakson Amendment to Extend and Expand the $8,000 First Time Homebuyer Tax Credit.

 

The Extended and Expanded Tax Credit will contain the following provisions:

 

Amount: $8,000

Eligibility: ALL HOME BUYERS (Step-up buyers will have to have lived in their current home for 7* years to be eligible)

Income Limits: $125,000 for single filers/$225,000 for joint filers

Time Frame: December 1, 2009 to April 30, 2010 plus 60 Day extension if binding contract is in place by April 30, 2010

 

*The 7 year ownership requirement is designed to lower the "score" or cost of the tax credit.  This is still open to change.  The Congressional Budget Office is going to "score" the cost of 3 year and 5 year requirements. We are continuing to push for step-up buyers to be required in their current home for a three year period of time.

 

NAR will be monitoring the progress and any potential changes to the bill. NAR will send out a notice when the legislation is voted on tonight--regardless of how late into the night or early into the morning the debate continues. Stay tuned!

Price Reduced on 12609 Oak Run in Oak Run

Oak Run, Boynton Beach  -  Announcing a price reduction on 12609 Oak Run, a 2,355 sq. ft., 3 bath, 4 bdrm single story. Now MLS® $399,500 USD - House Beautiful.

Property information

Price Reduced on 10229 Isle Wynd Ct in Wyndsong Isle Estate

Wyndsong Isle Estate, Boynton Beach  -  Announcing a price reduction on 10229 Isle Wynd Ct, a 3 bath, 5 bdrm 2 story. Now MLS® $390,000 USD - .

Property information

Price Reduced on 346-910 Dogwood in Tropic Bay

Tropic Bay, Delray Beach  -  Announcing a price reduction on 346-910 Dogwood, a 1,200 sq. ft., 2 bath, 2 bdrm apartment. Now MLS® $273,000 USD - Wonderful Boating Communi.

Property information

Apartment For Sale in Tropic Bay

Boat Harbor
Bring your Boat

• 1,200 sq. ft., 2 bath, 2 bdrm apartment - MLS® $273,000 USD - Wonderful Boating Communi

 -  Delrays Best Kept Secret. Well maintained community with beautiful boat harbor. Live the boating lifestyle without the expense. This lovely home is in superior condition and cute as a button. Over looks park like setting, pool, clubhouse and partialviews of boat harbor. Can come furnished. Lovely home just wating for new owner.

Property information

Apartment For Sale in Tropic Bay

Boat Harbor
Don't forget to bring your boat

• 1,200 sq. ft., 2 bath, 2 bdrm apartment - MLS® $295,000 USD - Updated !!!

 -  Don't miss your opportunity to be in on Delray's Best Kept Secret. Tropic Bay is a well maintained boating community with its own beautiful marina. Enjoy this updated unit at Tropic Bay! Owners motivated!This updated unit features granite counter tops, rich looking Thomasville cabinetry, brand new appliances, bamboo wood flooring, new carpet in bedrooms and updated baths. Compared to other units at Tropic Bay this is move in!. Furniture is also available. There are four units to choose from each offering a different view and decor.

Property information

Price Reduced on 325-2717 Florida Blvd in Tropic Bay

Tropic Bay, Delray Beach  -  Announcing a price reduction on 325-2717 Florida Blvd, a 1,200 sq. ft., 2 bath, 2 bdrm apartment. Now MLS® $295,000 USD - Updated !!!.

Property information

Price Reduced on 441-910 Dogwood in Tropic Bay

Tropic Bay, Delray Beach  -  Announcing a price reduction on 441-910 Dogwood, a 2 bath, 2 bdrm apartment. Now MLS® $345,000 USD - Delrays Best Kept Secret.

Property information

Price Reduced on 472-921 Gardenia in Tropic Bay

Tropic Bay, Delray Beach  -  Announcing a price reduction on 472-921 Gardenia, a 1,300 sq. ft., 2 bath, 2 bdrm apartment. Now MLS® $298,500 USD - Wonderful boating communi.

Property information

Single Story For Sale in Starlight Cove

Front
Move in condition

• 1,609 sq. ft., 2 bath, 2 bdrm single story - MLS® $215,000 USD - NOT A SHORT SALE

 -  NOT A SHORT SALE. all sizes and representations subject to E&O. Preapproval letter with offer. Thank you! Not a Short Sale! Delightful, open, light and bright well kept home. Gently used seasonally. Perfect for Florida getaway! Fab views of the golf course in this quite community. Easily accessible to all the wonderful attractionsof Palm Beach County

Property information

Price Reduced on 12443 Pleasant Green in Starlight Cove

Starlight Cove, Boynton Beach  -  Announcing a price reduction on 12443 Pleasant Green, a 1,609 sq. ft., 2 bath, 2 bdrm single story. Now MLS® $215,000 USD - NOT A SHORT SALE.

Property information

Single Story For Sale in Tropic Bay

View
Bring your boat!

• 1,300 sq. ft., 2 bath, 2 bdrm single story - MLS® $298,500 USD - Wonderful boating communi

 -  Don't miss out on Delray's Best Kept Secret. Wonderful intercoastal community with private boat docks and great amenities! Well maintained inside and out. Get in on the secret. As soon as you step through the doors of this lovely home you will see a view of the intercoastal. This home is tastefully appointed with extended living room. Where the original screened balcony was at one time is now open and surrounded by hurricane impact sliding glass doors. You can keep them closed or open the glass and have a wonderful breeze off the intercoastal as well as from the ocean. This is a major upgrade that most units do not have. You are a short walk to the pool, putting green and clubhouse. Walk along the pristine maintained grounds and docks. You will be impressed.

Property information

Price Reduced on 472-921 Gardenia in Tropic Bay

Tropic Bay, Delray Beach  -  Announcing a price reduction on 472-921 Gardenia, a 1,300 sq. ft., 2 bath, 2 bdrm single story. Now MLS® $298,500 USD - Wonderful boating communi.

Property information

Apartment For Sale in Tropic Bay

Boat Harbor
Bring your Boat

• 1,200 sq. ft., 2 bath, 2 bdrm apartment - MLS® $273,000 USD - Wonderful Boating Communi

 -  Delrays Best Kept Secret. Well maintained community with beautiful boat harbor. Live the boating lifestyle without the expense. This lovely home is in superior condition and cute as a button. Over looks park like setting, pool, clubhouse and partialviews of boat harbor. Can come furnished. Lovely home just wating for new owner.

Property information

Price Reduced on 441-910 Dogwood in Tropic Bay

Tropic Bay, Delray Beach  -  Announcing a price reduction on 441-910 Dogwood, a 2 bath, 2 bdrm apartment. Now MLS® $345,000 USD - Delrays Best Kept Secret.

Property information

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