Find out what makes us a Woman-Centric Homebuilder
http://www.raymushomes.com/whywomancentric.html
Take the 'Finally About Me' quiz here - find out what type of home fits your personality
http://fam.quantabasics.com/quiz.aspx?client=raymus
Sunday, November 15, 2009
Saturday, November 7, 2009
GOOD NEWS HOME BUYERS! FEDERAL TAX CREDIT EXTENDED
2009-2010 Home Buyer Federal Tax Credit Fact Sheet
Who is Eligible
•First-time home buyers, who are defined by the law as buyers who have not owned a principal residence during the three-year period prior to the purchase, may be eligible for up to an $8,000 tax credit.
•Existing home owners who have been residing in their principal residence for five consecutive years out of the last eight and are purchasing a home to be their principal residence (“repeat buyer”), may be eligible for up to a $6,500 tax credit.
•All U.S. citizens who file taxes are eligible to participate in the program.
Income Limits
•Home buyers who file as single or head-of-household taxpayers can claim the full credit ($8,000 for first-time buyers and $6,500 for repeat buyers) if their modified adjusted gross income (MAGI) is less than $125,000.
•For married couples filing a joint return, the combined income limit is $225,000.
•Single or head-of-household taxpayers who earn between $125,000 and $145,000, and married couples who earn between $225,000 and $245,000 are eligible to receive a partial credit.
•The credit is not available for single taxpayers whose MAGI is greater than $145,000 and married couples with a MAGI that exceeds $245,000.
Effective Dates
•The eligibility period for the tax credit is for homes purchased after Nov. 6, 2009, and before May 1, 2010. However, home purchases subject to a binding sales contract signed by April 30, 2010, will qualify for the tax credit provided closing occurs prior to July 1, 2010.
Types of Homes that Qualify
•All homes with a purchase price of less than $800,000 qualify, including newly-constructed or resale, and single-family detached, townhomes or condominiums, provided that the home will be used as their principal residence. Vacation home and rental property purchases do NOT qualify.
Tax Credit is Refundable
•A refundable credit means that if the amount of income taxes you owe is less than the credit amount you qualify for, the government will send you a check for the difference.
•For example:
◦A first-time buyer who qualifies for the full $8,000 credit who owes $5,000 in federal income taxes would pay nothing to the IRS and receive a $3,000 payment from the government. If you are due to receive a $1,000 refund, you would receive $9,000 ($1,000 plus the $8,000 first-time home buyer tax credit).
◦A repeat buyer who owes $5,000 would pay nothing to the IRS and receive $1,500 back from the government. If you are due to get a $1,000 refund, you would get $7,500 ($1,000 plus the $6,500 repeat buyer tax credit).
•All qualified home buyers can take the tax credit on their 2009 or 2010 income tax return.
Payback Provisions
•The tax credit is a true credit. It does not have to be repaid unless the home owner sells or stops using the home as their principal residence within three years after the purchase.
The www.federalhousingtaxcredit.com site is being updated. Please check the site next week for more detailed information on the new tax credit!
Who is Eligible
•First-time home buyers, who are defined by the law as buyers who have not owned a principal residence during the three-year period prior to the purchase, may be eligible for up to an $8,000 tax credit.
•Existing home owners who have been residing in their principal residence for five consecutive years out of the last eight and are purchasing a home to be their principal residence (“repeat buyer”), may be eligible for up to a $6,500 tax credit.
•All U.S. citizens who file taxes are eligible to participate in the program.
Income Limits
•Home buyers who file as single or head-of-household taxpayers can claim the full credit ($8,000 for first-time buyers and $6,500 for repeat buyers) if their modified adjusted gross income (MAGI) is less than $125,000.
•For married couples filing a joint return, the combined income limit is $225,000.
•Single or head-of-household taxpayers who earn between $125,000 and $145,000, and married couples who earn between $225,000 and $245,000 are eligible to receive a partial credit.
•The credit is not available for single taxpayers whose MAGI is greater than $145,000 and married couples with a MAGI that exceeds $245,000.
Effective Dates
•The eligibility period for the tax credit is for homes purchased after Nov. 6, 2009, and before May 1, 2010. However, home purchases subject to a binding sales contract signed by April 30, 2010, will qualify for the tax credit provided closing occurs prior to July 1, 2010.
Types of Homes that Qualify
•All homes with a purchase price of less than $800,000 qualify, including newly-constructed or resale, and single-family detached, townhomes or condominiums, provided that the home will be used as their principal residence. Vacation home and rental property purchases do NOT qualify.
Tax Credit is Refundable
•A refundable credit means that if the amount of income taxes you owe is less than the credit amount you qualify for, the government will send you a check for the difference.
•For example:
◦A first-time buyer who qualifies for the full $8,000 credit who owes $5,000 in federal income taxes would pay nothing to the IRS and receive a $3,000 payment from the government. If you are due to receive a $1,000 refund, you would receive $9,000 ($1,000 plus the $8,000 first-time home buyer tax credit).
◦A repeat buyer who owes $5,000 would pay nothing to the IRS and receive $1,500 back from the government. If you are due to get a $1,000 refund, you would get $7,500 ($1,000 plus the $6,500 repeat buyer tax credit).
•All qualified home buyers can take the tax credit on their 2009 or 2010 income tax return.
Payback Provisions
•The tax credit is a true credit. It does not have to be repaid unless the home owner sells or stops using the home as their principal residence within three years after the purchase.
The www.federalhousingtaxcredit.com site is being updated. Please check the site next week for more detailed information on the new tax credit!
Monday, September 28, 2009
Raymus Homes has joined the HELP Program administered by the Rainy Day Foundation
Raymus Homes wants to provide a financially stable home life for all of our home buyers. To fulfill this mission, we have partnered with the Rainy Day Foundation to provide our homeowners with financial protection should they experience unforeseen financial difficulty in the first two years of home ownership. The HELP program, administered by the Rainy Day Foundation, offers educational and financial programs to properly assist homeowners when faced with the unexpected. Each time we sell a Raymus-built home, we will enroll the home buyer in the HELP program. Should our homeowners become involuntarily unemployed during the first 24 months of home ownership the program may pay their mortgage for up to six months (up to $1,800 per month). If the homeowner experiences any other type of financial difficulty, the program may be able to assist with that too. It’s our way to help improve the challenges that unfortunately many Americans face today. To find out more about the program, please contact Ryan Bray at (209) 887-2172.
Currently, Raymus Homes, Inc is building a new neighborhood in Linden, aptly named Country Faire. Our sales office is located at 5545 Giovanni Court in Linden and is open Friday through Tuesday from 10 a.m. to 5 p.m. To reach Country Faire from Stockton, take Highway 99 north to Highway 26 and head east. Then turn left on Duncan Road, follow the signs to Monte Vista Drive and turn right onto Giovanni Court. For more information, please phone (209) 887-2172 or visit www.raymushomes.com
Based in Manteca, Raymus Homes is a home builder focused on first-time and move-up homebuyers in San Joaquin County. The company offers more than 40 years of experience and utilizes top-quality craftsmen and materials. Raymus Homes chooses to build just 120 homes per year to allow families the opportunity to personalize their residences. Every home is built with uncompromising integrity and attention to detail, customized to the unique needs and lifestyles of each homeowner.
Currently, Raymus Homes, Inc is building a new neighborhood in Linden, aptly named Country Faire. Our sales office is located at 5545 Giovanni Court in Linden and is open Friday through Tuesday from 10 a.m. to 5 p.m. To reach Country Faire from Stockton, take Highway 99 north to Highway 26 and head east. Then turn left on Duncan Road, follow the signs to Monte Vista Drive and turn right onto Giovanni Court. For more information, please phone (209) 887-2172 or visit www.raymushomes.com
Based in Manteca, Raymus Homes is a home builder focused on first-time and move-up homebuyers in San Joaquin County. The company offers more than 40 years of experience and utilizes top-quality craftsmen and materials. Raymus Homes chooses to build just 120 homes per year to allow families the opportunity to personalize their residences. Every home is built with uncompromising integrity and attention to detail, customized to the unique needs and lifestyles of each homeowner.
Thursday, August 20, 2009
Mortgage Rates Drop to Three-Month Low
According to a survey conducted by Freddy Mac, 30-year-fixed-rate mortgage rates were 5.12% during the week ending August 20th. Freddie Mac's previous survey had indicated that rates were 5.29% for the prior week.
Low rates, coupled with the tax credit for first-time homebuyers are making it a great time to purchase a new home. But you must HURRY! The tax credit is only available on homes purchased before December 1st.
If you are looking for a new home in a GREAT location, come see us in Linden!
http://www.raymushomes.com/countryfaire.html
Low rates, coupled with the tax credit for first-time homebuyers are making it a great time to purchase a new home. But you must HURRY! The tax credit is only available on homes purchased before December 1st.
If you are looking for a new home in a GREAT location, come see us in Linden!
http://www.raymushomes.com/countryfaire.html
Monday, July 27, 2009
Good News! New Home Sales Rise 11% in June!
The AP is reporting that new home sales rose 11% in June, more than any month in the past eight years! Read the article below....
http://tinyurl.com/elevenpercent
http://tinyurl.com/elevenpercent
Friday, July 3, 2009
New Service Request Page Online
We at Raymus Homes have been busy making our website more useful and easier to navigate. Among other changes, we have recently updated our Service Request page. You can now download a service request form directly from our website. (http://raymushomes.com/serviceRequest.html)
In addition, we have laid out the service request process, included time frames when possible and provided multiple methods for contacting our customer service department.
Our goal is to make the process as simple as possible. If you feel that we've left something out, please contact us. We are always looking for ways to improve your home ownership experience.
Oh and by-the-way, keep those referrals coming! Through the years, your referrals have been a huge part of our success!
THANK YOU!
In addition, we have laid out the service request process, included time frames when possible and provided multiple methods for contacting our customer service department.
Our goal is to make the process as simple as possible. If you feel that we've left something out, please contact us. We are always looking for ways to improve your home ownership experience.
Oh and by-the-way, keep those referrals coming! Through the years, your referrals have been a huge part of our success!
THANK YOU!
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