Buyer Tax Credit May be Expanded and Extended

Senators agreed Wednesday to extend the current tax credit for First Time Home Buyers while offering a reduced credit for repeat buyers who have owned their home for at least 5 years. Although this bill has not been finalized yet, here are the details of what is expected to pass:

• First Time Home Buyers can receive a tax credit of up to $8,000 if they have not owned a home in the last 3 years.
  
• Repeat buyers can receive a tax credit of up to $6,500 if they are purchasing another primary residence and have owned their current home for at least 5 years.
  

In both cases, the sales agreement must be executed by April 30, 2010 and the transaction must close by June 30,2010.

Lizzie Padro & Co. specializes in marketing and selling South Florida Real Estate. Please contact us if we can be of assistance with any of your Real Estate needs.

Michelle Beyer
Realtor Associate
Lizzie Padro & Company
(786) 326-4430
michelle.beyer@floridamoves.com

As more details become available, we will be sure to get those to you!

Fort Lauderdale Boat Show

***Please visit our blog often since we will provide information on great Real Estate deals in the Greater Miami area, videos and pictures of homes for sale and informational articles.***

With the Fort Lauderdale Boat Show just hours away, boaters and brokers alike are 'reeling-up' for a spooktacular weekend. Everything you need for your boat and waterfont property will be there.

This week we are featuring homes that are known for their proximity to the Bay.

8525 Old Cutler Road
http://sef.mlxchange.com/Pub/EmailView.asp?r=11302336&s=SEF&t=SEF

520 Brickell Key Drive #APH10
http://sef.mlxchange.com/Pub/EmailView.asp?r=55688194&s=SEF&t=SEF

Deering Bay Marina
http://sef.mlxchange.com/Pub/EmailView.asp?r=335671402&s=SEF&t=SEF

SHOW LOCATIONS
Bahia Mar Yachting Center
801 Seabreeze Blvd.
Ft Lauderdale 33316

Las Olas Municipal Marina
2 South New River Dr. East
Fort Lauderdale, FL 33301

Hall of Fame Marina
435 Seabreeze Blvd.
Ft. Lauderdale 33316

Hyatt Pier 66 Resort & Marina
2301 SE 17th St
Fort Lauderdale, FL 33316

Greater Fort Lauderdale/Broward County Convention Center
1950 Eisenhower Blvd.
Ft. Lauderdale, FL 33316

Hilton Fort Lauderdale Grande Hotel
1881 SE 17th St
Fort Lauderdale, FL 33316

Lizzie Padro & Co. specializes in marketing and selling South Florida Real Estate. Please contact us if we can be of assistance with any of your Real Estate needs.