What does rethinking real estate mean?
The ongoing economic crisis, government intervention, and a real estate market that changes daily makes it more important than ever to know what you are doing. For instance, if you are a first time homebuyer you may qualify for The Federal Homebuyer Tax Credit. Rethinking means to get out of the traditional mindset of how real estate has been done. The Athens and East Tennessee real estate market is experiencing an unusual and scary climate. Buyers and sellers are best protected by partnering with a real estate company that understands these unique times and can successfully execute a plan.
Why rethink your real estate needs by using Retrade?
- Clients first, commissions last.
- Every deal, regardless the size, will be performed with the highest ethical standards in mind. Retrade wants to be characterized by integrity, openness, and hard work.
- Technology - We use the latest techie tools to insure you get what you want with the best information.
- The only "high pressure" is on ourselves to provide the best service possible.
Rethinking Foreclosures/REO's in Athens and East Tennessee.
Retrade specializes in foreclosures and REO's. Besides finding a great deal on a house, this may be one of the best investment ideas during this challenging time.
The Federal Homebuyer Tax Credit is one of the major tax credits available this year, which is equal to 10 percent of a new home’s purchase price, up to a maximum of $8,000. This credit is available to anyone buying a home for the first time in the past three years, with a closing date between January 1, 2009 and December 1, 2009. Any home that will be used as a principal residence will qualify for the credit. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit, and a partial tax credit is also available to those who exceed this income bracket. This is a dollar-for-dollar refund that does not have to be paid back so long as the purchaser(s) uses the home as the primary residence for at least three years. Homebuyers also have the option to use the credit immediately towards down payment or closing costs through short-term bridge loans from approved lenders. To claim the credit, simply complete IRS Form 5405 and claim it on the 1040 tax income form. No other applications or forms are required, and there is no pre-approval process. For more details, visit www.recovery.org.
Foreclosures
Home prices