News

Current IRS Tax Credit Guidelines

With the spring market just beginning for residential homes and condominiums, most first time buyers and repeat buyers will be eligible for substantial tax credits on their 2010 tax return. But the purchased properties must be under contract by May 1st and must close by July 1st of 2010. Other restrictions apply, so read carefully from the IRS guidelines to be sure you are in compliance. The credits, up to $8,000 for first time buyers and up to $6,500 for repeat buyers, offer an opportunity that may not be available again anytime soon. Contact me to discuss further how this advantage can work for you. This is an ideal time to begin your property search, so you have sufficient time to find the home or condo that’s just right for you. I’ll make a careful assessment with you and help you review all pertinent properties, so you can make a well informed choice that will be personally satisfying and financially appropriate.

5580 Waterman Avenue 2N, St. Louis MO Real Estate | Prudential Alliance Realtors $175,000

OPEN HOUSE, Sunday, October 25, noon to 2:00. Charming courtyard adds great curb appeal for 2 BR, 2 full bath condo in fashionable Central West End. French doors to 2 balconies (living room and master suite) and vented gas fireplace (new ’04). See photos and details in Featured Properties.

OPEN HOUSE: 708 Penny Court, Ballwin, MO Real Estate | Prudential Alliance Realtors $204,900

OPEN HOUSE Sunday, August 30th, 1-3:00. Qualified first time buyers can enjoy $8,000 tax credit on exceptional property in Woods Mill Subdivision, priced well below Feb ‘09 appraisal. See photos and details in Featured Properties.

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Sales Manager Named, Ladue MO Real Estate | Prudential Alliance REALTORS

Bob Bax has been named as the Sales Manager of the Ladue office and Doug Hippler will be working at our Corporate Office on new business development at the companywide level.

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