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Rania Zeitouni Lubbock Real Estate  
Rania Zeitouni

Texas Affordable Housing Specialist



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TODAY


I'm going to help someone today.
Someone needs my help today to sell a
home........not just a house.

Chances are they're lived there...loved there...
and despite the faults of the house or the owners
it is a home.

To them I pledge the respect that I would want others to have
for my home and for the members of my family.

Someone needs my help today to find a home...not just a house.

Invariably a new home means a new opportunity, a new job , new marriage,
new baby or...a new start, new neighborhood, new change....and hope for the warmth
and joy and friends and the fulfillment they picture for themselves in their very
best moments.

Not many people get the opportunity to help people in the times so dear life, but I do.
I can and I will , for their sake and for mine.

THANK YOU FOR VISITING MY WEBSITE, MY BUSINESS HAS ALWAYS RELIED ON  YOUR GOOD WORDS, NOW MORE THAN EVER YOUR REFFERALS ARE  IMPORTANT TO ME , IF YOU SHOULD KNOW OF ANYONE CONSIDERING BUYING OR SELLING A HOME , PLEASE PASS ALONG MY NAME , YOU CAN BE ASSURED THAT I WILL PROVIDE THEM WITH PROFESSIONAL CARING AND CONSIDERATION. IF YOU SHOULD HAVE ANY CONCERNS OR QUESTION ABOUT YOUR REAL ESTATE , PLEASE DO NOT HESITATE TO CALL ME .

 

 

  
Home Buyer's Tax Credit About to End

You're probably up to your neck by now in forms and paperwork as the April 15th income tax deadline approaches. Maybe you've already completed your taxes, paid your bill, or are awaiting your refund check. Either way, now is the perfect time to revisit the extended and expanded Home Buyer's Tax Credit.

Why? Because now, as you calculate your tax bill or your refund, you can finally see in real terms just how beneficial a tax credit of up to $8,000 can be to your bottom line.

Here's the basics:

Qualified 2009 and 2010 first-time home buyers can get up to 10% of the home's purchase price or a maximum of $8,000. In November 2009, legislation extended a tax credit of up to $6,500 (or up 10% of the home's purchase price) to long-time residents of the same primary residence if they purchase a new main home. To qualify, eligible taxpayers must show that they lived in their previous homes for a five-consecutive-year period during the eight-year period ending on the closing date of the new home.

Important details to remember:

1) You don't have to pay it back (as long as you stay in your qualified home for at least 36 months).

2) If you qualify for the credit, you can still apply it to this year's taxes, even if you've already filed your returns, or save it for your 2010 returns.

3) This is a true tax credit, not a deduction. If you qualify for the full credit, there will be an actual dollar-for-dollar reduction of up to $8,000 (or up to $6,500 for qualified repeat buyers) on your tax bill now or in 2010.

4) New income qualification limits have been put in place that expanded the pool of qualified buyers.

5) If you purchased a qualified home or plan to after reading this article, you must have a contract in place by April 30, 2010 (with closing to take place by June 30, 2010), so don't wait!

There are, of course, other details and qualification requirements and restrictions that you'll need to consider. Further information regarding the tax credit may be found at www.federalhousingtaxcredit.com or www.irs.gov . THIS INFORMATION IS PRPOVIDED FOR GENERAL AWARENESS , AND IS NOT INTENDED FOR THE PURPOSE OF PROVIDING LEGAL , ACCOUNTING , TAX ADVICE OR CONSULTING OF ANY KIND . PLEASE CONSULT WITH YOUR TAX  PROFESSIONAL FOR COMPLETE DETAILS.

 

 
 
 
 

 

 

 

 

 

 

 







 

 


Our Listings


<< Previous  1  2  Next >>
 PhotoAddressLocationNeighborhoodPriceSizeStyleType
View
(15 Photos)
2623 MADISON (New Construction)
9971487 Hillcrest South MLS® $275,000 2,660 sq. ft. 2 Story "ITALIAN STYLE BI-LEVEL HOME WITH A VERANDA" Residential
View
(10 Photos)
5632 87th
9971496 Chapparal MLS® $133,000 1,885 sq. ft. Single Story "CORNER LOT HOME" Residential
View
(15 Photos)
9003 CR 6860 (New Construction)
11 Lubbock MLS® $890,000 5,275 sq. ft. 2 Story Residential
View
(10 Photos)
3408 Canyon Rd
9967557 Northridge $468,500 4,184 sq. ft. 2 Story Residential
View
(15 Photos)
305 Palomino
R9970702A Buffalo Springs Lake MLS® $345,000 2,335 sq. ft. Single Story Residential
View
(5 Photos)
4620 9th
9968825 Rushland Park $339,900 3,416 sq. ft. Single Story Residential
View
(2 Photos)
2806 Avenue A
211 Lubbock MLS® $249,900 7,872 sq. ft. Single Story Commercial
View
(15 Photos)
4401 88th
9967879 LakeRidge $242,900 3,383 sq. ft. Single Story Residential
View
(15 Photos)
CRC161 Beautiful Allen Homes for Sale
Saddle Club MLS® $199,900 3,018 sq. ft. Single Story Residential
View
(1 Photos)
6511 70th (New Construction)
9968543 Primrose Point $189,000 2,016 sq. ft. Single Story Residential
View
(5 Photos)
Sale Pending
6804 37st
9967251 Milwaukee Ridge Addition MLS® SALE PENDING
$139,500
1,764 sq. ft. Single Story Residential
View
(1 Photos)
7638 85th st
9967876 Cambridge Way $129,315 1,603 sq. ft. Single Story Residential
View
(15 Photos)
4803 Grinnell Street
802 Lubbock MLS® $126,975 1,693 sq. ft. Single Story Residential
View
(8 Photos)
6522 89th street
9969503 Monterey Park $110,000 1,235 sq. ft. Single Story Residential
View
(6 Photos)
4519 35th st
9967982 College hts $69,000 1,345 sq. ft. Single Story Residential
<< Previous  1  2  Next >>



CREDIT SCORES


CREDIT SCORES ARE ONE OF THE MOST IMPORTANT FACTORS IN DETERMINING WHICH LOAN PROGRAMS BORROWERS QUALIFY FOR.  CREDIT SCORS CAN RANGE FROM 350-850 AND ARE COMPOSED OF:

  • 35% Of the score is your payment history
  • 30% of the score is based on the amount of debt you have
  • 15% of the score is based on the lenght of your credit history
  • 10% of the score is based on the type of debt you have ( revolving , installment mortgage)
  • 10% of the score is based on whether or not you have a lot of new accounts

YOU CAN IMPROVE YOUR CREDIT SCORE BY:

  • PAYNG BILLS ON TIME
  • DO NOT MAX OUT CREDIT CARDS OR OTHER REVOLVING DEBT PLANS
  • DO NOT OPEN MANY NEW ACCOUNTS , OR APPLY FOR MANY NEW ACCOUNTS IN A SHORT PEROD OF TIME
  • DO NOT CLOSE ACCOUNTS, ESPECIALLY ONES THAT HAVE BEEN OPEN FOR A LONG TIME, EVEN IF THEY HAVE ZERO BALANCE
  • CHECH YOUR CREDIT REPORT ANNUALLY TO ENSURE ACCURACY

IF YOU DON'T HAVE CREDIT AND ARE LOOKING TO ESTABLISH CREDIT, YOU CAN START BY APPLYING FOR A CREDIT CARD. TRY YOUR BANK OR A DEPARTMENT STORE FIRST.

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