Real Estate For

Braselton Ga, Hoschton Ga, Jackson County Ga, and all of North Georgia Real Estate Specialist

 

 

Braselton Ga., Hoschton Ga. and Jackson County Ga. is the real estate speciality area for Select Brokers "Hometown Real Estate Team".

We are your source to Braselton Ga. and Hoschton Ga. real estate communities. Braselton Ga., Hoschton Ga. and Jackson County Ga has

many custom homes, real estate retirement communities and master planned communities.We can also help you

with a real estate custom home builder in Braselton Ga., Hoschton Ga. and all of North Georgia.

We can help you with foreclosed homes and builder new homes in Braselton, Ga. Hoschton Ga. and Jackson County Ga along with many

existing and older homes.You will be able to locate any real estate that you need here. Just visit our listing page

and click on our search all real estate listing globe, also our featured real estate listings are located at the bottom of that page.

Let your "Hometown Team" at Select Brokers help you with all your real estate needs in Braselton Ga.,

Hoschton Ga., Jefferson Ga., Commerce Ga., Maysville Ga.,Winder Ga., Auburn Ga., Buford Ga. and all of Jackson and Barrow

Counties.

We want to welcome Sheree Garrison to our Braselton / Hoschton "Home Town Real Estate Team". Sheree has

14 years of experience in Georgia as a licensed real estate agent.  WELCOME  SHEREE

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Great News For The Real Estate Housing Market

President Bush has signed the real estate housing stimulus package into law. This milestone legislation will help provide an enormous boost to the Braselton Ga., Hoschton, Ga. and Jackson County Ga. real estate housing industry in the form of a tax credit for first-time home buyers, as well as much-needed measures that will improve mortgage liquidity, foster refinancing of troubled loans and expand the supply of affordable rental housing. The temporary first-time home buyer tax credit will help stimulate home buying, reduce excess supply in housing markets and shore up home prices.

Click on the image below for resources to help you understand the credit.

$7,500 real estate

First Time Home Buyers Tax Credit

Tax Benefits Make Now a Great Time to Buy a Home

Ray Vaughn , president and broker of Select Brokers Realty, calls the $7,500 real estate tax credit to first-time home buyers in the new housing stimulus legislation for real estate an example of “trickle-up” economics. “As first-time home buyers enter the real estate market, armed with an extra $7,500, they increase the demand for homes in Braselton Ga, Hoschton Ga and Jackson County Ga. and in the process help stabilize the real estate market value of  homes,” he says. “As they purchase their first home, they free those, in the real estate market, who are selling their first homes to move up in the real estate market to more expensive homes. Those who had $200,000 homes now buy houses in the $300,000 range. That allows more home owners to sell and move up in the real estate market as well as allowing empty nesters and recent retirees an opportunity to downsize. Real Estate mortgage brokers, Realtors® and home builders in Braselton Ga, Hoschton Ga and Jackson County Ga. receive critical new clients and the benefits don’t stop there. Sales of furniture, electronics, household items, landscaping supplies and home improvement items also increase. An escalation in real estate sales also boosts manufacturing and shipping. The process profits the broader community because all these transactions infuse tax revenue into the system, benefiting the community in a variety of ways.” Ray applauds Congress for providing this tax incentive for home buyers. “Now it is up to the American consumer to realize this is a great time to buy a home,” he says. “With interest rates between 6% and 7%, tax rebates and credits from the federal government and a real estate buyer’s market, it’s a great time to make the American Dream a reality.”

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Real Estate Jackson Co.

                                                                                                                                                                                            ---Real Estate Blog----------

                                                        Real Estate Home Ownership                                                        

 

115 Towne Center Pkwy.

Suite 114

Hoschton, Ga. 30548

706.654.5687

 

Thinking of buying or selling a home, land or any real estate? Whether you're a homeowner,

a business or investor you've come to the right place.

Our "Hometown Team" are the right people to help you make the move or investment .

 

Braselton Ga. Hoschton Ga and Jackson County's Real Estate Current News

Should Braselton, Hoschton and Jackson County Builders offer New Car With Home

Home builders in Braselton Ga. Hoschton Ga., Jackson County and North Georgia have long offered incentives and discounts for home buyers. They’ve also thrown in material perks like a Mercedes, a trip to Maui or even another house. Now a home builder wants to help ease the burden of a long commute and soaring gas prices by giving buyers a free 2008 Honda Civic, according to an article in today’s WSJ.
William Grant, the owner of Brodheadsville, Pa.-based Grant Homes Inc., is using the Hondas to lure prospective buyers to a new 75-home real estate development in rural Pennsylvania. Allentown, the largest center of employment near the development, is about 25 miles away.
The Hondas are worth about $20,000, and that value is not included in the price of the house. Buyers can choose to accept the free car or have the company pay the closing cost and buy down their interest.
Of four home sales last weekend, two buyers chose to take the car, Mr. Grant says. “The buying public is certainly waiting to do something,” he says.
Are you looking for a new home and would a new Honda influence your decision -- Let me know?????      ray@selectbrokersrealty.com  

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7 Dos and Don’ts for Legal 1031 Tax Exchanges

Rochelle Stone and John Mangham of Starker Services Inc. in Los Gatos, Calif., share these tips on how to avoid common legal mistakes in real estate 1031 exchanges.
1. Do know how to count. Like-kind exchange rules allow 180 days to complete the transaction, which includes the 45 days for the identification of a replacement real estate property. Weekends and holidays count, and no extensions are granted, so don’t get it wrong.
2. Don’t assume a second home qualifies for an exchange. Vacation property must be an investment (which means you don’t live there for more than 14 days a year or 10 percent of the time it’s rented) or used in a trade or business to qualify for a real estate 1031 exchange.
3. Do exchange for a real estate property equal or greater in value. If your client exchanges for a real estate property of lesser value, the unspent money will be taxable as capital gains.
4. Do replace your debt. Taking out a real estate mortgage at a lower level during an exchange creates a taxable event. If your clients want a lower mortgage payment, they have to bring cash to the transactions.
5. Don’t ignore recapture. Any depreciation an investor has previously taken must be deducted from the basis of the property before calculating any gain.
6. Don’t forget to set up the real estate exchange before the transaction closes. You need to include a stipulation in the purchase agreement so that the funds from a property’s sale transfer to a qualified intermediary instead of to the sellers during the closing.
7. Do give the buyers and exchangers a refund on any earnest money advanced from their own cash for a property that is later transferred through a real estate 1031 exchange. This refund will come from the intermediary, who will replace the amount with exchange funds.

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Underlying demand for real estate homeownership in Braselton Ga, Hoschton Ga, Jackson County Ga and North Georgia remains healthy despite the ongoing challenges for would-be buyers in the current real estate market, according to a new survey conducted by Harris Interactive for Move, Inc. As reported in last week's NBN Online, the survey found that about 41% of current home owners who were polled said they do plan to purchase a home again, while 80% of all renters surveyed expect to eventually become home owners. In fact, 47% of renters in the poll indicated that they plan to purchase a home within the next five years. In addition, most prospective home buyers (57%) indicated that they are willing to make sacrifices to save and earn extra income for down payments and will compromise on neighborhood features and residential amenities in order to buy a home in the current market. On the flip side, 81% of home buyers in the poll indicated that they remain nervous about the current real estate housing market and cited significant barriers to homeownership. Even so, 44% believe the real estate housing market will improve once a new president takes office next January. Read more on this encouraging study in NBN Online.

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Hoschton Ga. Seeks Guinness World Record -- Hoschton is seeking a spot in the Guinness World Records with the Most Scarecrows in one location. The current record is 3,311 held by Cincinnati Horticultural Society's Flower and Farm Fest. Hoschton Businesses and Citizens plans to have 4,000 displayed throughout Hoschton's Addresses for the Fall Festival on Sept. 26-27. Visit  www.cityofhoschton.com   for more infomation.

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Information believed to be accurate but not warranted