Get an extra $1,800 when you buy a Georgia Home

Like the federal $8,000 tax credit for first time home buyers, the State of Georgia is implementing and an additional tax credit for Georgia home buyers.

Governor Perdue signed House Bill 261 creating a Georgia income tax credit up for the purchase of an eligible single-family residence. It is a credit of 1.2% of the purchase price, up to $1,800, spread out over 3 years. Although the bill was signed the credit is limited to eligible purchases made between June 1, 2009 and November 30, 2009. The credit created by House Bill 261 can be claimed one time per taxpayer and is completely independent of the federal first time homebuyer tax credit. The final version of the bill contains the GAR amendment to clarify condominiums and residences occupied at the time of sale are eligible for the credit. In addition eligible single family residences include 1) new single family residences; 2) previously occupied residences that were for sale prior to May 11, 2009 and are still for sale after May 11, 2009; 3) owner-occupied residences with respect to which the owners acquisition debt is in default on or before March 1, 2009; and 4) residences where a foreclosure has taken place and are owned by the mortgagor or the mortgagors agent.

This news is great to know and means that it is a great time to buy a new home or research Kingsland, GA Homes For Sale, and Saint Marys, GA Homes For Sale. This information compliments of The Royal-Skies Team at ERA Kings Bay Realty.


Original Post Point2.

Reinventing a Kingsland and Saint Marys, GA Real Estate Resource

Buyers and Sellers dealing with real estate in Kingsland and St. Marys, Georgia area now have the opportunity to search for Kingsland GA Homes / St. Marys GA Homes and then view the surroundings by using Google ® Street View. The Royal-Skies Team at ERA Kings Bay Realty has completely reinvented their site providing tools to allow buyers to see homes as if they were standing in front of them…even take a walk down the street through a virtual experience.

The results have been so positive from web surfers that we placed this new technology on each of our sites. Home Buyers can research homes (sellers can see their homes) on each of our sites, including our Kingsland, GA Homes For Sale, St. Marys, Georgia Homes For Sale, Kings Bay Homes (specialized Navy site), and our site directed at retiring in St. Marys, Georgia.

Constantly researching and providing this type of useful technology is what has made the Royal-Skies Team the Internet Leader for Camden County, Georgia.



Original Post on Point2.