Posts Tagged ‘Atlanta new home buyer tax credit’

**Just Announced** – Peachtree Residential’s April ABSOLUTE Townhome Sale


A total of 14 townhomes in Towne Square at Liberty (Cumming), Victoria Square (downtown Alpharetta) and Sterling on the Lake (Flowery Branch) will be sold in April at ABSOLUTE prices on a first-come, first-served basis.  These will not last.

All negotiations have been taken out as the bank has agreed to these rock-bottom prices; HOWEVER, buyers will STILL be eligible for $3,000 in Closing Costs if financed through our preferred lender.  AND – you can still qualify for the Federal $8,000 or $6,500 Tax Credits through April 30th.

These prices now present the best townhome values in Atlanta.  A complete listing of the 14 participating townhomes can be found below.  Click on the individual lot number for additional information and photos on that particular home (please be aware that you may need to scroll down after clicking on the link to find info on that particular townhome):

1. Towne Square at Liberty – Lot 35 (End home) – Original Price $243,005 – ABSOLUTE PRICE $199,900 – Savings: $43,105

2. Towne Square at Liberty – Lot 36 – Original Price $238,005 – ABSOLUTE PRICE $199,900 – Savings: $38,105

3. Towne Square at Liberty – Lot 37 – Original Price $238,130 – ABSOLUTE PRICE $199,900 – Savings: $38,230

4. Towne Square at Liberty – Lot 38 – Original Price $238,005 – ABSOLUTE PRICE $199,900 – Savings: $38,105 (more…)

Let Peachtree Residential Double Your Tax Break!

For all March sales that close by the end of this month, Peachtree Residential will match the federal tax credit of up to $8,000 for first-time home buyers, or up to $6,500 for existing home owners who have owned the same residence for at least five of the last eight years (for complete details on the tax credit, click here).  But the savings doesn’t end there! You can also receive up to $3,000 in closing costs when you choose Peachtree Residential Mortgage for your financing!

Use your savings toward design options, closing costs, or the countless ways in which Peachtree enables you tailor your home to your personal style!

NOT ELIGIBLE FOR THE FEDERAL TAX CREDIT??? No worries!  Count on Peachtree Residential to give it to you!  Just ask the sales manager at any Peachtree Residential Atlanta area community for complete details.

Don’t delay – the tax credit match is good thru the rest of March ONLY!  Call or visit your community of choice today!  For a complete community listing, clicke here.

The "Ins & Outs" of the Homebuyer Tax Credit Extension

The extension and expansion of the homebuyer tax credit is great news, especially if you’re considering taking advantage of the amazing prices currently being offered.  Today’s Smart Money provides a helpful article entitled “Home Buyer Tax Credit: 10 Things to Know.”  Click here to read the story.

Article after article now says that we have officially “hit the bottom” of the housing market.  Combine this with the traditional year-end incentives, the extension of the federal tax credit, and Peachtree Residential’s December promotion of $8,000 in closing costs being PAID when you purchase this month and use Peachtree Residential Mortgage for your financing on a closing by year end…and you’re sure to realize that there has never been a better time to buy an Atlanta new home!

View a complete listing of Peachtree Residential’s Metro Atlanta new home communities now!

Clock is Ticking for First-Time Homebuyer Tax Credit

To be eligible for a tax credit of up to $8,000, first-time homebuyers have until the end of business on Nov. 30th to close their loans.  There has been discussion that some members of Congress want to extend and increase the homebuyer tax credit, but it remains to be seen if an extension or enhancements will be made.
Historically, it has taken 30-60 days to close a loan; however, new appraisal and disclosure requirements that recently took effect may add extra time to the closing process.  To be certain Atlanta new homebuyers can take advantage of the tax benefit -as the law stands today- interested buyers should apply for their loan no later than the beginning of October to be able to close the loan prior to the deadline. 
For additional information on the homebuyer tax credit or any other mortgage needs, contact Lisa Dozier at Peachtree Residential Mortgage, an affiliate of Wells Fargo Home Mortgage, at or (770) 495-0241.