News

$8000 Tax Credit Extension for Home Buyers Coming

According to reports, it looks like there may be an $8,000 tax credit extension for home buyers. Several of the top Democrat and Republican United States Senators are voicing their opinions about the $8000 Tax Credit Extension for home buyers, and it looks like it may pass with approval.

Read More

10 Reasons to Buy Land at Saddle Creek Forest

Why buy land at Saddle Creek Forest in Magnolia, Texas? Here are the top 10 reasons to buy land at Saddle Creek Forest. Be sure to watch our video below.

Read More

A Better Time to Buy Land?

Things are continuing to look positive for the economy and the housing market this week. The Federal Reserve announced yesterday a $1.2 trillion effort to lower rates on mortgages and other consumer debt, spur spending and revive the economy. The Federal Reserve also decided to leave a key short-term bank lending rate at a record low which should positively affect mortgage rates.

Read More

Join Tanji Patton at Vintage Oaks

Read More

Proposed $15,000 Homebuyer Tax Credit

: The best news for the housing market is the Senate’s proposed changes to the Home Buyer tax credit. The senate’s proposal would more directly impact the upscale home market. While the House’s version of the tax credit would have been good for the economy by targeting first time homebuyers, the senate’s proposal affects buyers in the upscale housing market. The senate’s version proposes:

• 10% up to a $15,000 tax credit if they purchase within a year
• Open to existing homeowners
• No income limits for homebuyers
• Does not require the tax credit to be paid back unless home is sold within 1st 2 years
• The credit is nonrefundable meaning you can claim the credit if you owe taxes
• Credit can be spread out over 2 years of taxes

Read More

Tax Credit Changes Could Unleash Home Sales

Read More