Waiting for Homebuyer Tax Credit Extension

The federal government's first-time homebuyer tax credit is scheduled to expire Nov. 30. The credit, part of the Obama administration-backed economic stimulus package, rewards Americans up to $8,000 for buying their first home.

Work is under way in the Senate to extend the credit.

Housing industry insiders fear the residential market's recovery will likely be hurt if the tax credit expires. The National Association of Realtors claims first-time buyers account for 50 percent of all sales.

Congress is moving toward extending, expanding or replacing the tax credit. The Senate is expected to vote soon on a bill co-sponsored by Georgia Republican Johnny Isakson that would extend the deadline five months to April 30, 2010, and make the credit available to all new home buyers, not just to first-timers.

The new legislation would extend the $8,000 credit for first-time buyers and create a $6,500 credit for others so long as they have owned a home for at least five consecutive years since 2001.

Cincinnati area Realtor Michelle Sloan says, "Extending the credit and expanding it to all homebuyers will have a positive effect on the local and national economy. The extension will give buyers time to save money for downpayment and find the perfect home for their needs."

Headed to BNI networking meeting. Great way to increase business. Want to join me? Next week is visitors day.

A few new listings this week on my site. Check it out. Also, a nice amount of traffic expected in the comings days.
If you have a house to sell list with ME!

Testimonial for Sibcy Cline Realtor Michelle Sloan

I wanted to send you a note and let you know what a wonderful job Michelle did to sell my house. Michelle persevered through a very difficult situation initially, and handled it both professionally and with great patience. Since then, she has been excellent in her marketing strategy. She made sure all the new photos of the house made a good impression for the brochure and web advertising, put together a wonderful presentation in the subsequent brochure, hosted Open Houses, posted advertisements on all available media, and suggested price changes at the most appropriate intervals to “freshen” the placement of the listing.

I thank Michelle for all her efforts and Sibcy Cline as well for its role in the sale of the house.

Thank you so much!

Marsha T.

When you are ready to sell your home in Mason, call Sibcy Cline Realtor Michelle Sloan at 513-600-5277 or msloan@sibcycline.com

Join Michelle's growing list of satisfied clients. You'll be glad you did!!

New Technology - Sibcy Cline

Check out listings on www.SibcyCline.com and share the good ones with family and friends on Facebook, Twitter, Linkedin, MySpace.

Another tool that makes Sibcy Cline the best listing company in the tri-state.

If you are planning to list your home in the Mason, OH area, contact one of the best - Sibcy Cline Realtor Michelle Sloan. Currently ranked #35 in the company!!

www.SloanSellsHomes.com

One one week left to take advantage of the current first time homebuyer tax credit! Contact Sibcy Cline Realtor Michelle Sloan for details and info.

Fall "To Do" Checklist

Your Home Fall Checklist:

Air Duct Cleaning

Carpet Cleaning

Chimney Cleaning

Furnace Clean and Check

Gutter Cleaning

Window Cleaning

Winterization

Yard and Landscaping Cleanup

Let Sibcy Cline Home Services help take care of your “To Do” list.

Call SIBCY CLINE HOME SERVICES @ 513-985-5565 to beat the fall rush.
Tell them Sibcy Cline Realtor Michelle Sloan referred you!

More info: http://www.sibcycline.com/services/homeservices/homeservices_nf.asp?Sender=TopMenu

New Condo in Mason

Are you looking for a brand new condo in Mason, Ohio?? Located minutes from I-71.

The Landing at Oakwood Lakes of Mason a Fischer Homes Lifestyle community offers brand new condominiums from the 160's.

At the moment a Top Floor Baypoint plan , 2 bedroom with study and 1 car garage available for immediate occupancy... Priced at only $168,965 (formerly $176,965 )and offers a bonus $5,000 off thru October 15th. Perfect for a buyer who needs to qualify for the $8,000 tax credit.

Special interest rates are as low as 4.5% with Victory mortgage as Fischer Homes will pay 3 points to get you the unbelievable rate for a limited time.

Contact Sibcy Cline Realtor, Michelle Sloan to schedule an appointment.
513-600-5277 or msloan@sibcycline.com

Do you know the value of networking to grow your small business? In northern Cincy call Michelle Sloan for details for an upcoming event.

Extend the Tax Credit

Extending the First-Time Home Buyer Tax Credit, due to expire at the end of November, is high on the Democratic Congressional to-do list, legislative aides said.

After last Wednesday's meeting with President Obama and House Speaker Nancy Pelosi (D-Calif.), Senate Majority Leader Harry Reid (D-Nev.) released a statement that the government should, "continue efforts to strengthen the housing market by extending the home buyer tax credit."

Mark Zandi, chief economist at Moody's Economy.com, who is a consultant to Democrats in the administration and Congress, is advocating extending the credit through August and making it available to all home buyers. He said failure to extend the credit just as more foreclosures enter the market will push housing prices down.

Also, the House is expected to pass legislation to extend the credit through 2010 for people who have been out of the country in the military, intelligence, or foreign services.

Source: The New York Times

"Let's hope this is true," says Realtor Michelle Sloan. "There are too many buyers out there who want to take advantage of this tax credit but can't for a number of reasons. They may not have enough money for down payment and closing costs or they could be waiting for the acceptance of a short sale offer from a lender - which takes up to six months to close".

Ask your congressman to extend the home buyer tax credit and make it available to all home buyers!!

Home for Sale - Mason Schools

BEST Location in Mason!!!

This home is centrally located in the heart of Mason in Lexington Park. Minutes from schools, shopping and expressways. 1st floor master. Great finished lower level for entertaining. Priced to Sell!!

To schedule a private showing of this home or any other in the Mason area contact Sibcy Cline Realtor, Michelle Sloan. msloan@sibcycline.com

www.SloanSellsHomes.com

More info: http://www.sibcycline.com/viewlisting.asp?mls=1179545&b=CIN&p=RESI&s=SFRD&m=1

Condo for Sale - Mason, OH

Less than $90K!!!

Great for 1st time homebuyer. Lowest priced condo in Sherwood Green. Separate entrance, newer french doors to private patio, new water heater '08. Wood burning FP, wet bar in living rm. Lots of storage.

Make an offer and close before November 30th to be eligible for tax credit!!

For more details: http://www.sibcycline.com/viewlisting.asp?mls=1189064&b=CIN&p=RESI&s=COND&m=1&sender=SearchResults&a=604-Sherwood-Green-Ct-Mason-OH-45040

Contact Sibcy Cline Realtor Michelle Sloan for a private showing to this condo or any other in Mason, OH. msloan@sibcycline.com 513-600-5277

Mason City Schools - Excellent Rating

Mason City Schools Earn Highest State Ranking for 10 years in a Row

The Mason City School District is celebrating its "Excellent with Distinction" ranking from the state of Ohio. The district earned the state’s highest ranking for the tenth year in a row—a high honor it attributes to its students, staff and families.

Full Story -
http://www.masonohioschools.com/news.cfm?story=66&school=0


If you are looking for a home in the Mason City School District -- Contact your Mason, OH Realtor, Michelle Sloan, Sibcy Cline. A Mason resident. A full time Realtor.
Sloan Sells Homes!
www.SloanSellsHomes.com

Sept. Mason Stats - 45040

Active Listings - 416 Properties for sale in the 45040 zip code.

Pending - 87 Properties currently under contract.

Closed - 71 properties closed since 9/1/09.

*Based on search of Cincinnati MLS.