Congress Enacts Bigger and Better Home Buyer Tax Credit

A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.

There is also a $1,500 Home Energy Credit newly available.

Unlike deductions, tax credits are a dollar for dollar cut off what you owe to Uncle Sam AND they are refundable.  So if you don't owe, you will receive a check!!! 

Have questions?  Just send me a message or call 683-4723.

As a member of Mothers Against Drunk Driving (MADD), I recently sent the following letter to my local delegate:

As your constituent, I strongly urge you to support legislation, HB
2041, sponsored by Del. Sal Iaquinto which would require all convicted
drunk drivers to use an ignition interlock. Peer reviewed scientific
studies have proven that requiring ignition interlocks for all
convicted DUI offenders will save lives by significantly decreasing the
likelihood of repeat drunk driving offenses.

Drivers who have previous drunk driving convictions make up
approximately one-third of the drunk driving problem in America.  On
average, these offenders have driven drunk 87 times before they are
caught and convicted.  An interlock device allows a drunk driver to
drive to work or school and provide for his or her family.  The only
thing a convicted drunk driver can't do with an interlock is drive
drunk.

Requiring these drivers to have an interlock device on their car after
their license is reinstated would help keep our families safe from
these drunk drivers.  Interlock systems have been shown to reduce
repeat offenses by 64 percent while the device is on the car.  These
laws must be mandatory, as more than 50 percent of drunk drivers
continue to drive on a suspended license.

__________________________________________________________________________________

I am pleased to say that I received an email from Delegate Kirk Cox stating that HB 2041 passed the House 91-7. It will now go to the Senate where it will go through the same process.


For more information about the MADD organization and how you can show your support, visit http://www.madd.org/

20344 Laurel Rd. Petersburg, VA 23803 (Chesterfield County)

Immaculate ranch on 1/2 acre has just been built. 3 BD, 2 BA, open floor plan, kitchen w/ ample cabinets and counters, lrg closets, oversized laundry rm & more. "Energy Star" materials & appliances make this home energy efficient. Gorgeous inside! Must see for yourself!

Pre-qualification available on site.

Bring your lender pre-qualification letter (dated w/in the past 30 days) or get pre-qualified on site & enter to win a $75 gift card of your choice*.