How Can Veterans Get the Tax Credit?
Qualifying Veterans who are first-time buyers need to be under contract by April 30, 2011 and close by June 30, 2011 to receive up to $8000 in the form of a tax credit on their income tax return. The tax credit is equal to 10% of the purchase price, up to $8,000 max.
What about Repeat Home Buying Veterans?
Yes, eligible repeat home buying Veterans can also receive a tax credit equal to 10% of the purchase price, up to $6500.
Does it have to be a VA Loan?
No, they do not have to take VA mortgages to get the credit.
Who is eligible?
Military personnel who have served overseas for at least 90 days during any part of 2009 or 2010, will have an additional year to buy their homes and still qualify for the tax credit. Intelligence service and foreign service personnel also are eligible. Some residency and income limits apply.
What other benefits are provided for Veterans?
Service members are exempt from the occupancy requirements that other non-veterans buyers are held to. Home buyers who sell within three years of purchase are typically liable for repayment of the tax credit. Qualifying service members have no occupancy requirement.
Contact a Nothnagle agent today for more information or call 899-MOVE!
Thursday, December 9, 2010
Tuesday, December 7, 2010
Sunday, December 5, 2010
Pittsford Branch Volunteers for the Holidays
The Village of Pittsford will be hosting their Annual Candlelight Night on December 7th. This community-wide event is something you won't want to miss! Bring the kids by our Pittsford branch located at 33 South Main Street to visit with Santa from 6-9 P.M. We're not sure who enjoys the visit from Santa more....the kids or our agents!
Several agents are also Bell Ringers for the Salvation Army at Eastview Mall on December 8th. If you're out shopping at the Mall, stop and say hi!
The agents in Pittsford are also collecting toys and games for the Hillside Children's Center, food for the Pittsford Food Bank as well as clothes for The Open Door Mission. If you have anything to donate please contact the Pittsford branch at 381-4770 or stop in the office located at 33 South Main Street.
Several agents are also Bell Ringers for the Salvation Army at Eastview Mall on December 8th. If you're out shopping at the Mall, stop and say hi!
The agents in Pittsford are also collecting toys and games for the Hillside Children's Center, food for the Pittsford Food Bank as well as clothes for The Open Door Mission. If you have anything to donate please contact the Pittsford branch at 381-4770 or stop in the office located at 33 South Main Street.
Friday, December 3, 2010
Nothnagle's Relocation Department gets an "A" Rating!
Congratulations to Nothnagle's Relocation Department for an outstanding performance and quality results! SIRVA gave Nothnagle a performance rating of 100% for the 3rd quarter of 2010. Nothnagle's overall ranking is 2nd out of 147 brokers associated with the SIRVA relocation network. They also received a perfect score in Customer Service!
Whether you are moving to Rochester or out of Rochester, from corporations to families, whatever your reason to move you can count on Nothnagle REALTORS for a seamless transition. Our in-house relocation department can move you from anywhere to anywhere – across the state, across the country, even around the globe! Our Move Managers can access information on over 10,000 communities worldwide, will help you pinpoint your exact preferences and then can carefully handpick an agent for you that will deliver the same quality service you’ve come to know and expect from your local Nothnagle agent.
Whether you are moving to Rochester or out of Rochester, from corporations to families, whatever your reason to move you can count on Nothnagle REALTORS for a seamless transition. Our in-house relocation department can move you from anywhere to anywhere – across the state, across the country, even around the globe! Our Move Managers can access information on over 10,000 communities worldwide, will help you pinpoint your exact preferences and then can carefully handpick an agent for you that will deliver the same quality service you’ve come to know and expect from your local Nothnagle agent.
Wednesday, December 1, 2010
Newark Branch Helps for the Holidays
Nothnagle's Newark office is participating in the Village of Newark's Annual Tree Lighting Ceremony on Friday evening Dec. 3 at Central Park (Main & Union Street). The Newark office is providing horse drawn carriage rides around the village of Newark.
Along with the Tree Lighting Ceremony, Nothnagle's Newark office is also sponsoring a food drive for their local food closet to make up Holiday Baskets. They are expecting a great turnout! If anyone would like to help the Newark office in their efforts to volunteer please contact Gail Vanderbrook, Branch Manager, at 315-331-1111.
Along with the Tree Lighting Ceremony, Nothnagle's Newark office is also sponsoring a food drive for their local food closet to make up Holiday Baskets. They are expecting a great turnout! If anyone would like to help the Newark office in their efforts to volunteer please contact Gail Vanderbrook, Branch Manager, at 315-331-1111.
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