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Update for the $8000 Tax Credit
The $8000 Tax Credit CAN be used toward additional down payment (above the 3.5% required), closing costs and prepaids in any situation.
* The $8000 Tax Credit CAN be applied by amending the 2008 tax returns for a 2009 purchase. The refund will have to be processed and then returned to the customer to be applied for down payment. See www.irs.gov/newsroom/article/0,,id=205416,00.html
* The $8000 Tax Credit CAN be applied to the required minimum investment of 3.5% down payment if the credit is delivered through a Government - FHA Approved Non-profit. Since HUD is not overseeing the process of repayment no non-profits to date have agreed to advance the money as they are unsure how they will be able to guarantee their re-payment.
This tax credit has other rules about how the process works. Please contact us for additional information. Also, be very cautious with the companies that are claiming to Monetize the tax return as there are several companies offering this service at exorbitant rates. Make sure you contact us before before becoming a potential victim of fraud.
Keller Williams Realty Continues to Outpace Competitors
We are proud to announce that two of the most prestigious research and media organizations in our industry have confirmed what we believe is one of the most awesome trends in real estate: As our competitors slip backwards, Keller Williams Realty is gaining ground.
The annual RISMedia Power Broker Survey and the REAL Trends 500 Report, recently released, offer definitive proof of this trend.
This year, Keller Williams Realty had more brokerages — based on closed transactions and closed volume — on both lists than any other real estate franchise. We also outranked all others on the reports in terms of number of agents added and total closed transactions.
On RISMedia’s Power Broker Survey, Keller Williams Realty again had the largest majority on the list — accounting for 35 percent of all the brokerages listed — 57 percent higher than any other real estate company.
As for REAL Trends: 143 Keller Williams franchises made the cut. We represent 25 percent of the entire report. Click here to see our official press release on these results.
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