Saturday, April 17, 2010
There is still plenty of time to find a house and take advantage of the $8,000 Federal Tax Credit for Buyers of their primary residence! The KEY date is that buyers MUST have an accepted Sales Contract on a house, condo or townhouse no later than April 30th. The property DOES NOT need to close until June 30, 2010. Thus, you have about 2 weeks from today to find the property you want and take advantage of this program. The opportunities for new home buyers right now are incredible. Never in my lifetime have mortgage rates been this low AND property values at such an amazing bargain AT THE SAME TIME. Plus, on top of that you can get up to an $8,000 Federal Tax Credit…what could possibly be better? Give the Diane Kelly Team a call today at 678-907-9155 to find the perfect home for you at such an phenomenal bargain.

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North Atlanta | Tagged: federal tax credit, $8000, $8, 000, april 30th, june30th |
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Posted by Chris Kelly
Monday, November 9, 2009
The First-time home buyer tax credit that is set to expire on November 30th WILL BE EXTENDED for contracts written on or before April 30, 2010 and closed by June 30, 2010.
The Bill added two other noteworthy items. The first is a tax credit for existing home owners on new purchases up to $6500 (must have resided in current residence for the past 5 years). The second addition to this Bill was that it raised the income limits from $75K for single taxpayers to $125K and joint taxpayers from $150K to $225K.
It appears that our elected officials in Washington finally understand that this is one of the stimulus ideas that has actually worked. The first-time home buyer tax credit has truly stabilized home prices over the past several months and a lack of an extension of this credit would have certainly driven home prices 5% to 10% lower over the next 90 to 120 days. The addition of a tax credit for existing home owners should only enhance the power of this economic stimulus package in the real estate area.
To find answers to frequently asked questions, visit http://federalhousingtaxcredit.com/
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Posted by Chris Kelly
Monday, September 28, 2009
If you were thinking about buying a new home and were concerned the federal $8,000 tax credit window was nearing, there MAY be some hope. Sen. Johnny Isakson, R-Georgia, and Senate Majority Leader Harry Reid, D-Nevada, introduced Senate Bill 1678 extending credit to June 1, 2010. This is PROPOSED legislation, so keep your fingers crossed as this is no guarantee it will be extended.

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North Atlanta | Tagged: $8000, federal tax credit, first time home buyer |
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Posted by Chris Kelly
Saturday, September 26, 2009
For those of you wondering where your 2009 Property Tax Bill is (usually received in August). Fulton County has now said the tax bills will not be mailed out until early / mid-October. Once property owners receive their tax bill they will have 60 days from receipt to pay it.
The delay posted on the Fulton County Website (is somewhat dated) and reads as follows:
Fulton County Manager Zachary Williams has received confirmation that Fulton County Tax Commissioner Arthur Ferdinand is moving forward with issuance of tax bills for FultonCounty property owners. Tax bills will be mailed to residents by the end of October.
On August 24, 2009, the Fulton County Superior Court issued a Temporary Collection Order, which allows the Tax Commissioner to bill 2009 property taxes using the approved 2009 millage rates and 2009 property values.
Approximately 131,345 FultonCounty residential properties have lower values this year compared to 2008. The only residential properties that increased in value in 2009 were new construction or major renovations.
Pursuant to the order, parcels whose valuations are in appeal will be billed at 85% of their value pending the settlement of their appeals.
The Fulton County Tax Commissioner collects property taxes for FultonCounty, the City of Atlanta, AtlantaPublic Schools, FultonCountySchools, and many of the other cities within FultonCounty.
THE BOTTOM LINE…expect to receive your tax bills mid-October which will be due just in time for the holidays

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North Atlanta | Tagged: fulton county, property taxes, taxes |
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Posted by Chris Kelly
Thursday, September 24, 2009
We’ve just added a new section to our website to make it MUCH easier for BUYERS to seek out / find “Short Sale” properties as well as for SELLERS to promote the sale of their property on our website. Short Sale properties are described on our website for Seller’s who might need to sell their home, but find themselves in a difficult position to sell because their home’s resale value will be less than what they owe on their mortgage. This is called a “Short Sale”. IF YOU ARE A SELLER OR POTENTIAL SELLER, you will want to read more information about “Short Sales”, click on the link below:
Click here to learn more information about Short Sales.
IF YOU ARE A BUYER, seeking out a bargain via finding a “Short Sale” you’ll LOVE this new section we added to our website. It is specific for North Atlanta and allows you to specifically search for ONLY Short Sale properties specifically in Atlanta, Alpharetta, Cumming, Johns Creek, Milton, Roswell, Duluth, and Suwanee. To search for “Short Sales’ in these communities you can either click on the “SHORT SALE Search” button in the left side navigation, or click on “SHORT SALE Search” in the text link at the bottom of all of our web pages OR click on this link to begin your Short Sale search:
Click here to conduct a quick search of Short Sale North Atlanta homes.
The Diane Kelly Team with Keller Williams Realty of North Atlanta has closed numerous “Short Sale” transactions for both our Buyer clients AND Seller clients. If a “Short Sale” is the direction you are heading, you will not find a more experienced team of realtors to help you Sell your home or purchase your new dream home. Call us today to get started at 678-907-9155!
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Alpharetta, Atlanta, Bank Owned, Buying a Home, Cobb County, Cumming Georgia, Distressed Homes, Distressed Properties, Distressed Real Estate, Duluth, Foreclosure, Foreclosured Properties, Foreclosures, Forsyth County, Johns Creek, Lender Owned, Milton, North Atlanta, REO, Roswell, Selling Your Home, Short Sales, Suwanee, Upside Down, fulton county |
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Posted by Chris Kelly
Wednesday, September 23, 2009
This is a recent listing that is located right next to the Johns Creek / Cumming city limit boundary line right off of McGinnis Ferry Road on the east side of GA 400. This property is in a fabulous swim and tennis subdivision, located on a quiet street in a cul-de-sac and even has a flat backyard! The subdivision is called the Preserve at Brookwood, and is a well maintained neighborhood. The property resides on a slab, has a private, fenced in backyard and a perfect home to take advantage of the $8,000 federal tax credit program (expires November 30th!) for qualified buyers. Click here to view the video for the home for sale in Preserve at Brookwood, located in Cumming Georgia.
The video gives you an excellent perspective of driving to the property. Don’t forget to check out the “Picture Gallery” too!
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Alpharetta, Atlanta, Buying a Home, Cumming Georgia, Duluth, Forsyth County, Johns Creek, North Atlanta, Roswell, fulton county |
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Posted by Chris Kelly