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Bryan Kendrick, Broker/REALTOR, ABR, e-PRO, GRI, SRES
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Welcome to the Great Smoky Mountain Areas of East Tennessee!
The $8000.00 first-time home buyer tax credit bill was extended and expanded by President Obama to help encourage people buy homes while interest rates are low and affordability is high. The credit does not have to be repaid and has been expanded to include people that currently own homes, and the credit is fully reimbursable, so buyers can get their credit returned to them in the form of a payment unless less you owe the government taxes. Then the amount owed would be deducted from the tax credit amount. This makes NOW an incredible time to buy a home! Here is a summary of the credit that may help answer questions for you. Also, recommend seeking the advice of a certified accountant for more specific details and stipulations (i.e. you must live in the home for 3 years after purchase).
-Expiration date for credit is April 30, 2010 and MUST close by June 30, 2010.
-First-time buyers still eligible for same credit ($8,000 for married couples, $4,000 for those filing separately).
-Current homeowners, who have consecutively maintained the home they want to sell as their primary residence for five of the last eight years, are also eligible. However, the maximum amount
for those homeowners is lower ($6,500 for married couples, $3,200 for separate filers)
-The tax credit may not used to purchase a home for more than $800,000
-The income limits for both tax credits have been raised to $125,000 for single buyers and $225,000 for married couples. The home purchased must be a permanent residence.
RE/MAX Preferred Properties and I have kept pace, adapting to a almost constantly changing real estate market and perplexing economy while maintaining high standards and integrity. When explore the information at www.BryanKendrick.com, please contact me with questions or if I can help you. You can search for any type of property in the Smoky Mountain area of East Tennessee here or on my other site at www.BryanKendrick.com. I specialize in Residential and Investment Cabins or Lodges, but we can also help you with land or commercial purchases. We help people purchase and sell properties in Gatlinburg, Pigeon Forge, Sevierville, Kodak, Seymour, Wears Valley, Walden's Creek/Bluff Mountain, all of Sevier County and the surrounding areas. My partner, Tracy Manning and I along with a large team of experienced RE/MAX Professionals provide the level of service that you would expect in any real estate transaction. My partner specializes in Residential Homes and Relocation. We have over 100 REALTORS in our 3 office that also serve Knox, Blount, Jefferson counties and the surrounding areas. My partner and I have over 1000 hours of education in the real estate industry and are licensed real estate Brokers/Realtors, Accredited Buyers Representatives, e-PRO (Internet), Graduates of the Real Estate Institute and I am also a Senior Real Estate Specialist. We have earned various awards from RE/MAX and The Tennessee Association of REALTORS along with other honors. If you have any questions about real estate, restaurants, overnight rental companies, Dollywood, Cades Cove, Dixie Stampede, The Old Mill, please feel free to contact me via e-mail at BryanKendrick@REMAX.net or 865-654-2994. We look forward to hearing from you!
Bookmark this site and visit it frequently, as the information is updated frequently
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