Real Estate

Austin Real Estate Agent Kenn Renner Urges First Time And Move Up Homebuyers To Take Advantage Of Federal Tax Credit

Summary: With the First Time Homebuyer Credit set to expire on April 30th, BuyAustin.Com Realtor Kenn Renner advises homebuyers looking to purchase real estate in the Austin area to take action or miss out.

Austin, Texas, March 12, 2010 Nothing lasts forever, as the saying goes, and neither will the Federal Housing Home Buyer Tax Credit. Kenn Renner, top Austin real estate agent with Keller Williams Realty says, I am urging interested first time homebuyers and move up buyers who qualify to take advantage of this credit now before the April 30th cutoff.

The Economic Recovery and Reinvestment Act enacted in February of last year was extended and expanded in November of 2009.

A further extension to the bill is highly unlikely, so homebuyers should act now to take advantage of the credit, Renner says. This is an opportunity that homebuyers do not want to miss. If someone is planning to buy a house in the Austin area I would urge them to act before the April 30th deadline.

Most first time homebuyers (those that have not purchased a home in the past three years) should qualify for the $8,000 tax credit. A credit differs from a deduction.

It means cash in your pocket, Renner says.

Current homeowners should remember they may also be eligible for up to $6,500 of tax credit if they purchase a new or existing home before the same deadline. Move-up homebuyers also have to beat the deadline by entering into a purchase contract by April 30th, even if they have not sold their current home. Homebuyers must close on their next home by June 30th.

We are already seeing the rush of activity pick up in home buying just like we did last October and November when buyers thought the credit was coming to an end back then, Renner continues. There is still time to get your home on the market and take advantage of the frenzy.

Many builders are gearing up for this last push of the governments home buying giveaway.

DR Horton is putting scores of new homes on the ground to meet the demand. Even if the home is not completely built a home buyer can put the home under contract by April 30th and as long as it closes by June 30th the credit applies, Kenn says. I spoke with management at DR Horton, and they are really wanting to help home owners take advantage of this once-in-a-lifetime opportunity. Another prominent Austin builder Lennar Homes is an advocate of my Move Assistance Programs (www.MoveAssistancePrograms.com), which can be used in conjunction with the tax credit to help with moving expenses.

New or resale, single family, condos and townhomes all qualify for the credit as long as they become primary residences.

With tax day fast approaching, homebuyers can either choose to either apply the credit to their 2009 tax return, filed on or before April 15th, 2010 or file an amended 2009 return. The other option is to apply the credit on the 2010 return, filed on or before April 15th, 2011, according National Association of Realtors.

Renner says he is available to answer any questions people may have about the Federal Housing Tax Credit.

About Kenn Renner:

For more information about Crystal Falls, contact Kenn Renner at Kenn@BuyAustin.com or call / text Kenn at 512-423-5626.

About BuyAustin.Com:

Kenn Renner of BuyAustin.Com has been helping people buy and sell real estate for over 25 years. If you need help buying or selling real estate in Austin, TX, call or text Kenn at 423-5626 or email him at Kenn@BuyAustin.Com

Kenn Renner moved to Austin, Texas in 1992, after visiting and finding Austin a bargain real estate area. Impressed with the people and the opportunity that existed in this area. Kenn Renner is an expert in the area of real estate. Since 1983, he has sold over $220 million in real estate. $90 million in the past five years. He has been a frequent guest on House Hunters, an HGTV show that features buyers looking to purchase their dream home.

Renner is releasing his new book with Realty Press International as the publisher. Renners book is appropriately titled First Time Home Buying Secrets Revealed (www.FirsttimeHomebuyingSecrets.com). To take advantage of this first time home buyer credit, contact Kenn Renner by visiting www.FirsttimeHomebuyingSecrets.com or call 512-218-1202.

Press Release edited and distributed by www.BestOnlineResults.com.

Kenn Renner
Broker/Speaker
Keller Williams Realty, Lake Travis
1921 Lohmans Crossing
Austin, TX 78634
Phone: (512) 423-5626 (call or Text)

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Avery Ranch real estate agent, Kenn Renner with Buy Austin ( http://www.BuyAustin.com ), shows off the Avery Ranch golf course community in Austin, Texas ( http://www.BuyAveryRanch.com ). Call or text Kenn Renner anytime at 512.423.5626 or email me at Kenn@Buyaustin.com. Check out all the latest Avery ranch info at my exclusive website http://www.buyaveryranch.com .

Avery Ranch is Austin, Texass premiere golf course community with 4000+ homes sprawling over 1800 acres in the city limits of Austin, Texas. Avery Ranch features an award winning 18 hole championship golf course with a full service club house, restaurant and bar. Averys scenic golf course consistently ranks in the top rated golf courses in Texas. A challenging but fair golf course, Averys oak lined fairways and greens are meticulously groomed and cared for. Dramatic lakeside fairways & distant hill country views greet golfers from around the world including celebrities such as actor Dennis Quaid who hosted several golf tournaments over the years.

Avery Ranch has been a destination community for home buyers since its grand opening in 2000. Along with one of Austins premiere golf courses, Avery Ranch features a multitude of Amenity Centers that include pools, playscapes, tennis courts, and even an outdoor amphitheater.

I discovered Avery Ranch during its pre-development stage and was so excited about the community and that I vowed to be Averys biggest real estate advocate. I studied the subdivision prior to its debut – walking nearly every lot and observing the construction of the golf course progress from ranch land to championship links. I remember visiting old 1800s ranch houses and corrals that were still intact during the pre-development stage. It really gave me a sense of Averys history. I have been an Avery Ranch homeowner, since its grand opening which happened in late 2000. I had home buyers waiting over a year to be the first to be an Avery Ranch home owner. The first day Avery released sales, I had 17 sales contracts on the table. Since then I have become by far the #1 sales agent in Avery Ranch with over 200 home closings. I have heard nothing but positive feedback from my clients about Avery. It has been everything promised and even more.

I want to invite you to take a personal tour with me of the Avery Ranch area and if you are looking to sell a home in Avery ranch then I would like the opportunity to show you why I have sold more homes in Avery Ranch than any other Realtor. I will show you how I can get your home to the top of the search engines, thats right wouldnt be nice to have your home featured on the first page of Google? Hire me as your chosen real estate professional and I will show you how.

My featured property is 14605 Ballimamore in the Landing section of Avery Ranch. It is a 3300 square foot home offered in the low $200s thats right a five bedroom 3 bathroom home in the Avery Ranch golf course community for under 70 Dollars a square foot.

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