3045 Denali Way Rock Hill, SC

Home Buyer Tax Credit Extended and Expanded

Great news came out of congress this week as the Home Buyer Tax Credit was not only extended until July 1st, 2010, but expanded to include current home owners as well.

First time home buyers can still qualify for an $8000 Tax Credit if they have a binding contract by April 30th, 2010 and close by July 1st, 2010.

The big change is that Sellers may now get in on the Tax Credit as well. Current home owners can qualify for a $6500 Tax Credit if the home being sold was their principal residence for 5 of the past 8 years.

Income limits were increased as well to allow more people to qualify for the Tax Credit. Also, in order to prevent fraud, congress added a provision that states the purchaser claiming the Tax Credit must also attach documentation to their tax return proving their purchase.

New Townhome Listing in Indian Land, SC

Located just minutes from Ballantyne. Immaculate townhome with double master suites and 1 car garage. Enclosed patio with privacy fence. Laminate floors in great room with fireplace and tv niche. Open kitchen with breakfast bar and stainless appliances. This home qualifies for 100% financing through USDA loan program. Click on the link for more information.

2439 Redmayne Lane

Syndicate Your Listing with Us

Plasma Realty offers Full Service Flat Fee Listings for only $500!. We syndicate your listing on the internet and post your home in the Charlotte and Piedmont(SC) MLS!

Contact us today to find out more about our Flat Fee Listing Service. We will give you a Free Market analysis of your home. Ask us how you might be able to qualify for a Free Listing!

Rock Hill 3 bedroom Ranch For Sale

New Listing! 3bd 2bath ranch with bonus room in Rock Hill. New flooring and Paint throughout home! New privacy fence! Great area with easy access to Rock Hill and Lake Wylie.

Facing Foreclosure?

Everyone knows we are currently facing a Foreclosure crisis in this country. Interest only mortgages, low adjustable teaser rates, and rising unemployment in this country have left many families in a dire situation with no where to turn.

What many people do not realize is there is help available thanks to many government programs like the HOPE for Homeowners Act of 2008. If you or anyone you know might be facing Foreclosure please go to www.HopeNow.com or call 1-888-995-HOPE for help.

You can also check out www.hud.gov and www.fha.gov for more information.

New Home Sales Up 9.6% Nationwide

The U.S. Commerce Department reports that New Home Sales for the month of July increased 9.6% nationwide, the largest increase since February 2005. This marks the 5th increase in the past 7 months. New Home inventory dropped to it's lowest level in 16 years. The median price for a new home was $210,100 in July compared to $237,300 last year.

Home sales are being driven by historically low interest rates and lower prices due to forelcosures depressing values. The government is also giving First Time Home Buyers a $8000 Tax Credit as an incentive as well. The tax credit current expires on November 30th unless Congress approves an extension.