Wednesday, February 16, 2011
Friday, May 14, 2010
Andrew Johnson National Cemetery - Greeneville, TN
Tuesday, May 11, 2010
Thunder In The Mountains Motorcycle Rally Event - Johnson City, TN
Wednesday, February 10, 2010
HomeBuyer Tax Credit
First time buyers:
Credit: Equal to 10 percent of the home's purchase price, up to $8,000
Who Qualifies?
- Those who haven't owned property in the last three years
- Those with income up to $225,000 for couples or $125,000 for individuals (credit phases out for people who make more than these amounts)
- Must be at least 18 years of age to claim credit
- Purchase price must be $800,000 or less.
Deadlines:
- Have until April 30, 2010, to enter into a contract for a home purchase
- Have until June 30, 2010, to close on the purchase.
Current Homeowners
Credit: Equal to 10 percent of the home's purchase price, up to $6,500
Who Qualifies?
- Those who have owned and lived in their principal residence for at least five consecutive years during the past eight years
- Those with income up to $225,000 or couples or $125,000 for individuals (credit phases out for people who make more than these amounts)
- Must be at least 18 years of age to claim credit
- Purchase price must be $800,000 or less
Deadlines:
- Have until April 30, 2010, to enter into contract for a home purchase
- Have until June 30, 2010, to close on the purchase
In addition, buyers have another year to take advantage of the higher loan limit for mortgages backed by the Federal Housing Administration, Fannie Mae or Freddie Mac set at 125 percent of local median home sales prices, up to a maximun of $729,750 in high-cost housing markets. The limit in normal markets will remain $271,050 for FHA and $417,000 for Fannie Mae and Freddie Mac.
PLEASE NOTE: The tax credit does not have to be repaid provided you live in the new home for a minimum of three years. Military families are exempt from this stipulation. Purchaser must attach documentation of purchase to tax return. Please consult with a tax professional for individual eligibility and implications of the HomeBuyer Tax Credit.
Saturday, October 24, 2009
Falltime in Northeast Tennessee
Tuesday, October 13, 2009
Walking, Jogging and Biking on the Greenbelt - Kingport, Tennessee
The Kingsport Greenbelt Trail is a linear park that connects residential neighborhoods, traditional parks, downtown, commercial districts, schools and activity centers. A special feature of this unique park is a pathway for pedestrian and bicycle use. The pathway meanders through marshlands, glides across open meadows, and passes by sites of historical and aesthetic value. A creek runs along most of the trail where you can see wildlife abundantly. The trail is a total of approximately 9 miles and can be accessed at several points along the way with parking available. A map of the trail can be found at http://www.kingsportgreenbelt.com/