How Big Will Your Tax Credit Be?

Jeanne O'Keefe — Tue, 10 Mar 2009 18:59:55 +0000

If you are a first time home buyer, this is your year! While you may have already heard about the $8,000 Federal Tax Credit for firs time buyers, did you also know about the Mortgage Credit Certificate (MCC) Program? This is an amazing advantage for 1^st time buyers who qualify, to reduce their tax burden for the life of their mortgage loan! Seriously!! Fortunately, a qualified buyer can take advantage of the federal tax stimulus in addition to the MCC program making 2009 one of the best times in history to purchase Real Estate. Conceivably, one could realize up to $10,000 in tax credits by taking advantage of these programs.

How do you qualify?

1. Properties must meet sales price limits which can vary by county.

2. Applicants must meet OHFA income limits.

3. Ask your local lender!

Note there are Targeted Areas and Nontargeted Areas that affect the credit value in addition to the status of the property.

Here is an example of the MCC in action, compliments of Gary Erler of Priority Mortgage:

“Imagine a loan amount of $155,000 on your home purchase at an interest rate of 5.5%, your interest the first year will be $8,525. If that home is in a non-targeted area, you can claim 20% of the interest. You now have $1705 as a tax credit thanks to the MCC to help make your loan payment.”

If you’re a first time buyer, this is your year! The Columbus Team is ready to help you traverse the rocky terrain of home ownership. Do you qualify for the Mortgage Credit Certificate Program?

352 Northridge Rd. -> 10 Reasons YOU will LOVE this House!

Jeanne O'Keefe — Tue, 13 Jan 2009 23:03:16 +0000

1. Awesome flooring!
The wood floors really are gleaming, the kitchen & bath have gorgeous ceramic tile and last, but not least, the den is a showcase of slate tile. All the flooring is in extraordinary condition and lives well. (Anyone with pets will appreciate the hard surface flooring and easy, easy cleaning and maintenance.)
2. Two Wood Burning Fire Places!
Both the living room and den feature real wood burning fire places creating wonderful ambiance & warmth. During the winter months in Ohio, these features are well-loved and enjoyed. Love the stone hearth in the den and the tiled hearth in the living room.
3. Extraordinary Kitchen!
Renovated in 2006, this room is fit for the most discriminating foodie. Love the granite counter, bright white cabinetry and great hardware. Lots of nooks & crannies for all your treasured yummies & gadgets. Smart design is showcased in this inviting work space including alternative lighting and attractive appliances.
4. Did I mention this Bathroom?
The vessel sink and oversized round mirror are stunning! Renovated in 2005, the entire room is bright, bold and invigorating. Yes, I did say the bathroom was invigorating…attention to detail is really impressive. Feels Spa-like.
5. Serenity Now in this Den!
While I already mentioned the beautiful slate floors and 2nd WBFP, I should also note the French Doors leading to one of the bedrooms, the wood paneled walls and the raw beauty of the stone hearth. I find this room a very peaceful space.
6. Move-in Ready Condition…what a treat!
The house is just lovely, inside and out! The walls are freshly painted in contemporary colors, the light fixtures are impressive, the obvious attention to every detail down to the window treatments is notable and the list goes on and on. One could literally, just unpack and feel at home. (If you’ve ever bought a ‘fixer-upper’ you may appreciate this feature even more!)
7. Pristine Basement ready for anything!
This 1940 home has obviously been well-cared for as indicated by the extremely good condition of the basement. The clean, freshly painted space offers a bevy of versatile options be it a home gym, craft room or home office. You decide!
8. Six panel Doors!
Be impressed by the original, solid wood, 6 panel doors throughout! The character of the home is amplified by so many of the extra nice features such as the doors, but I also should mention the generous closet space and crown molding. Quality and Style radiate!
9. Beautiful Landscaping and Fenced Yard!
While it may be difficult to appreciate the true beauty of this yard during the dormant winter months, the pictures of the home during the blooming season tell a different tale! Well-chosen, colorful and vibrant perennials fill the yard. The fenced yard offers an urban retreat worthy of the most discerning homeowner.
10. 2 Car Attached Garage!
A rare find in the neighborhoods of the 1940’s such as Clintonville, this home features a 2 car attached garage with side-load. You’ll never have to scrap the icy windows in the AM again with this fantastic feature. Besides, everyone loves a big garage to store our precious stuff!

OK, so I know I said this is 10 reasons you’ll love this house, but I need to say one more thing…. Location, Location, Location! Northridge Rd. is a beautiful street in central Clintonville. Pride of ownership, friendly neighbors and a good sense of community are intrinsic benefits to owning this home. Let us know if you would like to schedule a private tour. (More pictures and a virtual tour are ready to be seen on our official team website.)

: 352 Northridge Rd.

The Columbus Team | Real Estate » Beechwold Real Estate

How Big Will Your Tax Credit Be?

352 Northridge Rd. -> 10 Reasons YOU will LOVE this House!