NEW LISTINGS ALERT A Daily Email List Of Area Homes For Sale As They Hit The Market! Be the first to know what real estate is comming up for sale in the Canton, Woodstock, and Marietta area with our New Property Listing Alerts! Just tell us what you're looking for and we will email a daily update. Free. Easy. Automatic. And you can unsubscribe at any time! First time homebuyers are now eligible for a federal tax credit of up to $8,000.00! However, time is of the essence! Buyers who want to take advantage of this opportunity must purchase their homes on or after January 1, 2009 and before December 1, 2009. Contact us at 770-315-3313 for more information on this tax credit! | | The tax credit is for first-time home buyers only. | | | The tax credit does not have to be repaid. | | | The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000. | | | The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009. | | | Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. |
The Clay Team Can And Will Do the Job You Need Done!   Year after year we are top agents in Cherokee County, Canton, Holly Springs, Towne Lake, Woodstock, Waleska, Ball Ground, Alpharetta, Roswell, and North Fulton. Are you looking for a home or a place to do business? Search everything the web has to offer, right here! Our IDX service makes all homes, farms, land and commercial listings from all companies and agents in the Multiple Listing Service available to view, often with pictures and tours. Here you can find a cottage on Lake Allatoona, industrial space to buy or lease in Holly Springs, land to build your dream home on in Ball Ground or land to build office space in Canton. Need to lease a warehouse? For the commercial client, year after year, the Clay Team is consistently one of the top producers in the North Atlanta, I-575 corridor in leasing and selling. Looking for a home that's handicapped accessible? Looking for investment property? Right here is a great place to start. We can also help the motivated buyer get a tremendous deal on buying a new primary residence or an investment property in today's market. Foreclosures are now a big part of our market and we schedule "foreclosure buying seminars" on an ongoing basis that have helped both first time home buyers and investors purchase foreclosures in this area. Ask us for our "Best Buy List" with homes as low as 10 cents on the dollar! For residential sellers, the Real Estate market has changed dramatically, but the Atlanta market is still one of the top ten markets in the entire United States. We implement strategies that will help you sell your home for the highest net possible with the least amount of hassles. If you are having trouble making your payments we realize selling isn't always the right answer. We will let you know what all your options are. Don't be part of the 97% who never answer their mortgage company's letters! Call us-we can help! The Clay Team Tommy Clay has over 15 years of commercial real estate experience and has just been named Director, KW Commercial, Atlanta-Canton. Call Tommy, the area expert, to help you find and negotiate industrial, office, retail, and investment properties.  |  | | | | |

First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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| Q |
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
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| A |
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year. |
See More Real Estate Trivia > |
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The Clay Team Keller Williams Realty Select Partners 2205 Riverstone Blvd., Suite 107 Canton, GA 30114 Cell: 770-315-3313 Fax: 404-935-5241 TBClay@comcast.net Dale@ClayTeam.com
Today, one agent has a hard time keeping up with all the knowledge available. The Clay Team has experts in both buying and selling of residential, investment, and commercial properties. This will make your transaction the best Real Estate experience you've ever had- because we want to be your Real Estate Agents for Life!
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