Bremerton : Silverdale : Port Orchard : Poulsbo

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Bremerton Homes Under $200,000 | Bremerton Buyer's Market

Bremerton Homes Under $200,000Not a bad time to purchase a home in Bremerton, Washington.  In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here

 

Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI

What do these numbers mean?  Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation.  I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds.  I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful. 

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

Bremerton Real Estate 2009 Market Reports



Search all homes here.  Sign up for email delivery of just listed homes.  Search Bremerton, Port Orchard, Silverdale, Naval Base Kitsap area or any home listed in the huge Puget Sound area.  All homes that are for sale with any agency through the NorthWest MLS data base.

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About the Author...

Jo began her real estate career back in 1994 and soon found out that she loved selling real estate and that she was really good at it! Lots of people sell real estate, but not everyone is good at it.  Jo brings to her clients the commitment to work hard and have fun along the way.  As Jo continues to learn the technology of today to be on the cutting edge of multimedia she takes pride in her ability to keep her trademark "old-fashioned" customer service alive.  If you are looking to sell or  purchase a home in Kitsap County call her office today.  You can also find out more about the area by visiting her blog www.WestSoundLive.com or her web sites www.HomeFrontRealtyOnline.com

DISCLOSURE OF MATERIAL CONNECTION: http://cmp.ly/0

 

3 comments • Jo Soss [360] 990-1433 • May 06 2009 08:26PM

Bremerton First-Time Home Buyer Tax Credit

 

Are you sitting on the fence? Have you read the many horror stories across the nation? Well, remember real estate is local and here in the Kitsap County area we are in an amazing buyer's market. It just might be the perfect time for you to purchase a home if you are a First-Time Home Buyer. Here is a nudge to get you into the housing market. On July 30th President Bush signed into law House Bill 3221 (H.R. 3221: Housing and Economic Recovery Act of 2008) which included a special tax incentive for First-Time Home Buyers (Sec.3001). This bill provides a tax credit up to $7,500 for homes purchased on or after April 9, 2008, which the First-Time Home Buyer will repay over 15 years following the purchase. This is not a down-payment assistance program, but rather a ZERO INTEREST LOAN that has some amazing features.

 

 

  • The tax credit is available for first-time home buyers only. Purchaser (and spouse) may not have owned a principal residence in the previous 3 years.
  • The maximum credit amount is ten percent of the cost of the home and can not exceed &7,500.
  • Property eligible is any single-family residence that will be a principal residence.
  • The credit is available for homes purchased on or after April 9, 2008 and before July 1, 2009.
  • There are income limits. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
  • The tax credit works like an interest-free loan and must be repaid over a 15-year period. Each year 6.67% of the credit to be repaid – if you received the full credit that is only $500.25!. If sold before 15 years than remainder of credit is paid at time of sale.

 

 

 


If this sounds interesting to you why not give me a call so we can discuss it in more detail and I can get you in touch with one of my local lenders. I do not want you to think I am an expert in this area but I do have a network of mortgage lenders that are. You might also want to discuss this with your CPA. I am not allowed to practice law or give tax advice.

 

 

 

 

Jo Soss-Olson · WestSoundLive · Copyright © 2008 · All Rights Reserved

 



Search all homes here.  Sign up for email delivery of just listed homes.  Search Bremerton, Port Orchard, Silverdale, Naval Base Kitsap area or any home listed in the huge Puget Sound area.  All homes that are for sale with any agency through the NorthWest MLS data base.

Search for Homes



FIND ME, FRIEND ME, FOLLOW ME. Check out all the other areas we can connect!

My Active Rain Profile  Friend me on FacebookFlickr PhotosJoin My LinkedIn NetworkFollow me on TwitterWatch my Videos

About the Author...

Jo began her real estate career back in 1994 and soon found out that she loved selling real estate and that she was really good at it! Lots of people sell real estate, but not everyone is good at it.  Jo brings to her clients the commitment to work hard and have fun along the way.  As Jo continues to learn the technology of today to be on the cutting edge of multimedia she takes pride in her ability to keep her trademark "old-fashioned" customer service alive.  If you are looking to sell or  purchase a home in Kitsap County call her office today.  You can also find out more about the area by visiting her blog www.WestSoundLive.com or her web sites www.HomeFrontRealtyOnline.com

DISCLOSURE OF MATERIAL CONNECTION: http://cmp.ly/0

 

5 comments • Jo Soss [360] 990-1433 • September 01 2008 03:45PM