If you recognized the difference between a “Big Bear home” and a “Big Bear cabin”, and the later is more your style, then you really need to take a peek at this incredible little property. This is a Big Bear cabin that incorporates all of the good points of properties of that description … with none of the bad points!

We all know that when you’re looking at a “home” then everything is up to date, expected to be working, and in essence … “modern”. That’s nice and convenient, and what we all want on a day-to-day basis. But, it doesn’t necessarily include the ambiance we’d really like in a weekend get-a-way property here in Big Bear. When we say “Big Bear cabin” … we usually mean something else.

A Big Bear cabin is also a place that has the ability to actually take you back in time … that has the look and feel of a cabin that might have existed 100 years ago or even more.

The problem with all this is that when we find a real “Big Bear cabin” it actually does take us back 100 years … to a time when heating was inefficient, there was no insulation, no one had ever heard of a “spa”, microwaves were science fiction, and comfort was not a consideration at all. It was all about utility and survival.

Well, here is a great little property where none of that applies. This is an actual “Big Bear cabin” … originally built in 1920. When the San Bernardino National Forest was created, this property was engulfed by it, and became a government land lease property, where the US Government actually owns the property (it is within the National Forest), and the land is leased to the leaseholder who owns the cabin.

BUT … and here’s where things get really cool … this Big Bear cabin has been really tastefully updated in many really important ways:

Although this great Big Bear cabin was originally built in 1920, the roof is almost new, and new dual paned, energy efficient windows have recently been installed. The old wood stove has been replaced by a newer air-tight, energy efficient model. A spa has been installed on the deck … modern plumbing with a Big Bear cabin look has been installed … and voila! We have the ambiance and location of a true “Big Bear cabin”, combined with all the modern amenities we’ve come to expect!

This Big Bear cabin has 2 bedrooms and 1 bath … AND … (drumroll please) … LAKE VIEWS! In fact, stupendous lake and valley views that most people would pay through the nose for! BUT … here they come at a very inexpensive price!order cialis alt=”Big Bear Cabin | 2 bedrooms | 1 baths | lake view” title=”Big Bear Cabin | 2 bedrooms | 1 baths | lake view” width=”300″ height=”225″ class=”alignleft size-medium wp-image-623″ />

The surroundings are really something special here. After all, this Big Bear cabin is actually IN the National Forest! There are only so many of these land lease properties … they aren’t making any more, you know … and when you can find a good one … you’ve found a gem! That’s exactly what we have here in this wonderful Big Bear cabin.

If you’ve been searching for the perfect Big Bear cabin … look no further. This is one you’ll definitely have to see to believe … and it’s listed at an incredibly low price! I’d be glad to fill you in on that, and also let you know just how the land lease situation works. It’s really not a bad deal at all … especially with a property as nicely updated as this one! Simply call me at 909-585-4991, or email me at janet@janet4bigbearhomes.com … OR simply use the “Contact Me” page on this website … and I’ll get the information to you right away! It’s sure to be a huge surprise!

Call today for further information, or to arrange a showing of this wonderful Big Bear cabin at your convenience!

Located in a quiet Sugarloaf area on a corner lot, this great mountain property has 4 bedrooms, 2 1/2 baths, and a 2 car garage. But as Big Bear homes go … this one has so much more!

This incredible example of Big Bear homes is a custom built, log-accented beauty, with absolutely top of the line … everything! From the log-siding to the gorgeous slate accents, no expense has been spared to make this one of the most noteable of Big Bear homes. From the hand carved bears guarding the garage, to the slate hearths and beautiful dark green granite counters, there simply aren’t that many Big Bear homes that compare … at least not in this price range.

Did someone say, “Talking about Big Bear homes is great … but I like to entertain?” Well, here is a great spot to do just that. Extensive outside decking wraps around the home and provides plenty of convenient outdoor entertaining areas.

The main access is through the beautiful double doorway. Right from the start, the quality in this home is clearly evident. Solidly made from beautiful oak, and completed with high quality cut glass, the gorgeous entryway is just the precursor of what the interior will be like … and that will certainly not disappoint, especially when compared with other Big Bear homes in this price range.

The ground floor here is done in a “Great Room” style, and contains the living room, kitchen, dining area, a half bath, an office “nook”, and the two car garage.

The living room itself is a great spot for entertaining, and the sit-down bar provides the perfect connection, uniting the kitchen and the living room into one fluid area.

Now … ALL Big Bear homes have kitchens … at least I hope so. But THIS home has a kitchen that’s truly a marvel. From the high quality, deep green, granite counters to the stainless appliances and the gorgeous cabinetry … this is a remarkable room.

A five burner gas cook top, vegetable sink, and wine refrigerator in the end, make the center island truly functional. To the rear are the ovens, microwave, and the HUGE double refrigerator.

The main island has a 3 part sink, a Bosch dishwasher, and the same gorgeous granite is found throughout. Below both islands you’ll find gorgeous cabinets and drawers.

To the side is the dining area with access outside to the deck. This is an amazing design that truly creates a comfortable, homey … yet upscale and very rich feeling. Functionality is sacrificed nowhere, but the amazing look is truly one-of-a-kind. I have seen a lot of Big Bear homes in my career, but I’ll stand this kitchen next to any … and bet on this one to win a competition hands down.

With the entire downstairs arrangement topped of by the slate hearth and wood stove, this is a simply gorgeous spot to gather with all the family and their friends for a mountain get together at Christmas or Thanksgiving. But wait! We haven’t even scratched the surface yet!

Up the stairway, we’ll find the Family Room, 4 bedrooms, and 2 more full baths … one shared and one in the incredible Master Suite! The hits just keep on coming in this 2,650 square foot beauty!

The family room has it’s own wood stove on another beautiful slate hearth, and this is the perfect spot for TV watching for the kids. They can have a separate spot while the adults entertain below! Many Big Bear homes simply don’t have this feature.

You’ll experience a truly “homey” feeling here, and this comfortable area leads into all 4 bedrooms and the shared bath. Then, through a door overlooked by two carved cupids, is the Master Suite … Let’s go check that out, shall we?

Right in the main room of the suite … and next to the access to the private deck … you’ll find an oversized spa tub and a gas-fired stove on the elevated slate hearth. Talk about a cozy getaway for two! This amazing area has it all.

The Master Bath has double stainless sinks, really gorgeous cabinets, and the slate counters are simply beautiful. But the highlight of the Master Bath is what greets you as you enter the the walk-in access to the open slate shower …

And that shower is a delight! Done entirely in slate, this double-plumbed shower has it’s own window, a built in seat, and enough different shower sprays to cover a small army! I don’t care where you look, you’ll find it hard to find a more beautiful … or functional … shower design than this beauty right here … no matter how many Big Bear homes you might see.!

Additionally there are three more bedrooms … two large ones, and one slightly smaller. Room for the entire family!

All of the 3 smaller bedrooms share a beautiful full bath with another walk in shower and separate jet tub which is located just off the family room.

This amazing home was built in 2006, and provides 4 bedrooms, 2 1/2 luxurious baths in 2,650 square feet of living space. It has extensive exterior decking, a two car garage, carved wood and slate exterior accents, and sits on an easy access corner lot.

It has a custom kitchen with granite counters and top of the line stainless appliances. More than all that … this home has HEART! There is an amazing feeling, when you walk through these doors, that this could truly be … “Home”. That’s something that’s not easy to find in many Big Bear homes.

AND … it could be just that … HOME! If amazing luxury and designer-style living is what you want … but you’d like to do it without spending the national budget … this incredible home is a true “Must See’!

HINT HINT: If you’ve been looking at Big Bear Homes in the “Under $300K Range” … you’ll really want to take a look at this!

Call today to arrange a viewing! You’ll be glad you did!

Have a GREAT Day!

Janet Stevens-Moore
Broker/Owner ERA Bruin Trojan Realtors, Inc.

Big Bear Lake, California
909-585-4991

Email cialis online Janet For More Information NOW!

http://janet4bigbearhomes.com

Big Bear homes – 698 Leonard, Sugarloaf

Are you looking for the cutest, most atmospheric Big Bear cabin there is? Well … you’ve found it! Here’s one of the most picturesque of Big Bear homes that just oozes “Old Big Bear” charm!

Located just 2 minutes from Big Bear Mountain Ski Resort or about 3 minutes from Snow Summit Ski Resort, this is the cutest of Big Bear homes … and one of the most functional as well.

Remember when you came to Big Bear as a kid? Well this is probably the kind of cabin you stayed in then … only clean and spotless as if it was built yesterday! This quaint and cute Big Bear home has newer panelling int he living room and Master bedroom, but the “old time charm” is still there to enjoy.

Most Big Bear homes have fireplaces, but here we have the classic native rock fireplace. Talk about atmosphere! What a great spot to gather around the fire on a cold and snowy night for good conversation … or even a ghost story or two!

The kitchen here is functional and really has everything you need in a mountain cabin. And look! They found your Mom’s stove! Seriously, is this not the perfect example of “mountain cabin ambiance”?

The bathroom actos 6o mg has been updated Awith more modern fixtures and appointments and now contains a full tub and shower combination for your convenience.

Up stairs we find our loft bedroom. This one has two twin beds and is perfect for guests, the kids, and their friends. The feeling up here is “Mountain Cute” … and it can really take you back. This is the kind of “Mountain getaway” we all remember from simpler, happier times … and that feeling is alive and well in this great cabin. Many Big Bear homes had it at one time, but lost it through extensive remodeling. It’s preserved here, and it’s very special.

The main bedroom has the newer paneling, and is also a great room with a great mountain feel. Everything here contributes to the entire effect … not only that we’ve gotten out of the city and into the mountains … but that … just maybe … we’ve also gone back a bit in time. This is just a lovely room, evoking all those Big Bear vacations when we were kids.

This Master Bedroom is truly a “getaway within the getaway” … a place where Mom and Dad can leave it all behind and comfortably enjoy some privacy for a while.

Most Big Bear homes have pleasant to really nice settings, but outside of this cabin there’s something special! A separate room that would be great as a workshop, a craft or art studio, a play or game room … you name it! This extra space can really be anything you want!

Designed and painted to augment the rest of the property, this cute little Bonus Room really adds to the appeal of this wonderful Big Bear cabin.

And, what a great setting we’re in! Amazing to think that in this quiet neighborhood we’re only 5 minutes from the Lake and Shopping areas. This lovely Big Bear cabin is located perfectly to serve either as a quaint and atmospheric mountain retreat … or it would also work very well as a Big Bear vacation rental property.

With design echoes of a Mid-West prairie farm house, this lovely little Big Bear cabin could be the perfect mountain property for you and your family. With 2 bedrooms, 1 bath, priced really nicely in this great location … this is a real deal among Big Bear homes.

There are lots of properties available in Big Bear … but not many combine the “Old Time Big Bear” ambiance of this cute mountain buy cialis online cabin … along with the necessary updates and upgrades to make modern use comfortable. This great Big Bear property does all that and more.

With it’s great location and great “mountain feel” … this wonderful Big Bear home won’t be on the market for long. So don’t delay! Call today to arrange a showing of one of the cutest of Big Bear homes.!

Have a GREAT Day!

Janet Stevens-Moore
Broker/Owner ERA Bruin Trojan Realtors, Inc.

Big Bear Lake, California
909-585-4991

Email Janet For More Information NOW!

http://janet4bigbearhomes.com

Big Bear Homes: 42594 La Placida, Big Bear Lake

If you’re currently looking at Big Bear homes, here is one you simply must see. This free cialis is a log built mountain home made from hand milled logs from the surrounding San Bernardino National forest! Here we have a prime example of the classic Big Bear homes. The location is absolutely amazing: virtually fronting the ski slopes at Big Bear Mountain Ski Resort, this is a true mountain home wonder.

This amazing home has 3 bedrooms, 3 full baths, with a Living Room that epitomizes the term “mountain home”. The kitchen is a prime example of modern functional luxury with all stainless steel, upgraded appliances, granite counters, a huge pantry, and a great breakfast bar. From the Master suite with its own fireplace and balcony overlooking the slopes to the huge, soaring log beam ceilings in the living room, this home is the high quality work of an artist with an obvious love of his craft. With 3,000 square feet of living space, this amazing example of the best in Big Bear homes is available to view almost any time.

As I say, if you’ve been looking at Big Bear homes, don’t let this wonderful piece of Big Bear real estate slip past you without a viewing. Call today for further information or to arrange a showing at your convenience.

I’d be proud to show you around this or any of the other wonderful … and available … Big Bear Homes!

Have a GREAT Day!

Janet Stevens-Moore
Broker/Owner ERA Bruin Trojan Realtors, Inc.

Big Bear Lake, California
909-585-4991

Email Janet For More Information NOW!

http://janet4bigbearhomes.com

Big Bear Homes – 1349 Lassen, Big Bear Lake

Big Bear homes.

Here’s one of the most amazing Big Bear Homes I’ve ever seen in all my years of working in this area. This is a celebrity-owned, high quality, log sided beauty that is in an absolutely incredible location at the tip of Eagle Point. How many Big Bear Homes have you heard will “knock your socks off” … only to arrive and find they’re less than satisfying. Well don’t fret about that here! This prime piece of Big Bear real estate will have you jumping for joy with its quality, amenities, location … and the overall fantastic ambiance!

Now … that sums up the numbers … but it certainly doesn’t tell the story. There are a really small number of Big Bear Homes that can even rate in the same category of Big Bear real estate as this prestigious and delightful mountain wonder. The number of rooms and the square footage can’t begin to get across the comittment to quality, comfort, and sheer luxury that this home embodies. From the moment you enter the grounds, to your first encounter with the amazing living room and that soaring natural rock fireplace … you’ll know that this is one of the finest Big Bear Homes there is … and certainly one of the very finest available today … and at a great price!

Janet Stevens-Moore
Broker/Owner ERA Bruin Trojan Realtors, Inc.

Big Bear Lake, California
909-585-4991

Email Janet For More Information NOW!

http://janet4bigbearhomes.com

What’s the true meaning of this post? … Drop what you’re doing and call Janet TODAY! She can help with all needs concerning Big Bear Homes and Big Bear Real Estate.

Big Bear Homes

I wanted to send this post out as soon as this listing became available! If you’ve been looking at Big Bear homes recently, here’s a GREAT and wonderful Mountain Home in Big Bear, available at an unbelieveable price!

This isn’t a run-of-the-mill Big Bear cabin … this is a jewel among Big Bear homes. Located in the preferred Moonridge area of Big Bear Lake, cialis dosage this home provides SIX BEDROOMS and 4 1/2 baths in 2,812 square feet of living space! There’s tons of room for your family and a couple of guest families to really spread out!

That’s what happens when you live in a wonderful place like Big Bear! Most folks who look at Big Bear homes and then move to our great Big Bear area find out very quickly just actonel 75 mg how many friends they have … that they never knew they had! Everybody wants to “drop in for a visit” … that lasts a whole weekend!

That’s why this is the perfect type of place that compares wonderfully with other full-time Big Bear homes. You’ve got room to accommodate all the guests, extended family members … everything handled in comfort at any time.

And what more in the way of ambience could you want? The exterior deck, patio, and gazebo areas are spectacular. Entertaining in this home is a dream. Sitting in the spa … taking in the ski slope and lake views … what a great place to get away from it all … and to call “home” at the same time.

Whether you’re looking for a full time home, a vacation get-a-way, a corporate retreat, or to invest in a vacation rental with amazing potential, this is one Big Bear home you won’t want to miss.

I’ve been dealing with Big Bear real estate for over 30 years now, I’ve seen many incredible Big Bear homes, and this is an amazing property at a great price.

Contact me today for further information and to arrange a showing! You’ll be glad you did!

Have a GREAT Day!

Janet Stevens-Moore
Broker/Owner ERA Bruin Trojan Realtors, Inc.
Big Bear Lake, California
909-585-4991

http://janet4bigbearhomes.com

janet@janet4bigbearhomes.com

Big Bear Homes

Well, in my last post I talked about the Amgen Tour of California coming to Big Bear. That’s right! The premiere pro-team cycling race will hold the finish of Stage 6 … The Big Bear Climb … right in the parking lot of Snow Summit Ski Resort this coming Friday, May 21st!

This is an amazing event that’s coming to our town, and I want to make sure everyone knows what’s happening! This is really the BIG TIME, guys and gals. From Lance Armstrong to Levi Leipheimer, everyone will be competing. This is big time pro cycling at it’s finest.

I’m writing this on May 15th. The race will begin tomorrow, May 16th, and the first stage is from Nevada City, CA to Sacramento. The Big Bear Climb is Stage 6 and happens next Friday, May 21. The racers will begin in Palmdale (the route was changed to to road damage on the LaCanada side of the Angeles Crest Highway), and finish right here in Big Bear Lake after a gruelling day of mountain riding covering more than 140 miles!

Let’s all be in Snow Summit’s parking lot to greet them!

Click HereTo Visit The Official AMGEN Tour Of California Website For More Complete Info

At the same time as the Tour of California pro race takes place, the “Tour de Big Bear” will happen as well. This is a corresponding event for all of us non-pros. Everyone from the serious cycler to the inexperienced and even entire families will find something happening just down their alley in the Tour de Big Bear.

The local event also begins on May 21st. Here’s a list of what’s going on:

Friday, May 21 – Tour of California

>>> FREE bike valet service

>>> FREE “Glory Ride” . . . opportunity to ride as a group through AMGEN Tour of California Finish line before racers (limited number of riders available and early event check-in required – by 11:00 AM Friday)

>>> Early check-in for Saturday’s Tour de Big Bear event

Saturday, May 22 – Tour de Big Bear

>>> Choose from 10 road and mountain bike routes around Big Bear Valley & Join The Groups

>>> FREE and discounted food and activities along routes and in Big Bear

>>> FREE SkyChair lift ticket (first 250 registered ONLY)

>>> FREE official Tour de Big Bear T-shirt

>>> FREE Live AMGEN Tour of California LA Time Trial coverage in Big Bear Cycling Expo after your ride

See what I mean? This is going to be fun!

So come on up and visit us here in Gorgeous Big Bear Lake. It’s Spring now, and the climate is perfect for biking … both pro and … well .. like ME!

CLICK HERE For More Info and to Register For The Tour de Big Bear

Why not plan to visit Big Bear to see the exciting finish of this historic Big Bear Climb and take part in the really fun Tour de Big Bear event? I’m not exaggerating when I say that the weekend of May 21-23 is a GREAT time for the entire family to spend here in Big Bear!

So … Where ya gonna stay? Huh?

Well, it just so happens that at ERA Bruin Trojan … and our reservation company, BigBearVacationRentals.com … we have sale cialis some wonderful accomodations great for everyone from couples to the large family or friends groups.

Click the link below to view our online rental properties right now:

http://janet4bigbearhomes.com/vacation-rentals/

After you’ve seen them … give me a call. Select the Big Bear cabin you’d like to rent and stay at for the weekend … and then contact us! We’ve got some Special Goodies For Fans of The Tour of California and the Big Bear Climb! Be sure to ask us about those!

For Reservations paid in full and up front, we will waive all reservation fees … AND … include a 4th Night FREE when renting for 3 Nights!

Come early and stay a few days!

Take the opportunity to see the end of the AMGEN Tour of California … and to spend a few days exploring and biking the roads … both paved and unpaved … in beautiful Big Bear Lake!

See you in the mountains!

========================================================

Janet Stevens-Moore
Broker/Owner
ERA acomplia price BRUIN TROJAN REALTORS, Inc.

1-909-585-4991

Wow! This is so exciting! Professional team cycle racing coming to Big Bear!

AND … it’s not just any old race … it’s the AMGEN Tour of California! That’s the premiere, professional, team racing event in the entire US!

This year, the tour … patterened after the Tour de France … will include as Stage 6, The Big Bear Climb! This stage of the race will start in Palmdale. Palmdale City Hall will serve as the backdrop for the most difficult stage in the five-year history of the Amgen Tour of California.

After a five-mile neutral section heading south on Sierra Rd., the route makes a left turn onto Angeles Forest Highway. Facing the riders is the imposing San Gabriel mountain range, and within a few miles the first of seven KOMs will be crested. After a blistering descent from Mill Creek Summit, the route turns to Upper Big Tujunga and then onto Angeles Crest Highway.

From there, the riders continue on a 135-mile odyssey with more than 12,000 feet of climbing. The race will climb to a high point of nearly 8,000 feet as it rolls along the Angeles Crest Highway. Then, there is a brief respite as they descend to Wrightwood and over to Highway 138.

The route again ascends as it passes through Crestline and Lake Arrowhead, as the cyclists take to the “Rim of the World” highway. Entering the Big Bear area, the riders will take the northern route around Big Bear Lake and then tackle the last rise to the finish at a more than 7,000-foot elevation at the Snow Summit ski area for the Amgen Tour of California’s first-ever alpine finish on Friday May 21!

This is a huge event for Big Bear! All of the world’s great pro riders … including the incredible Lance Armstrong and the amazing Levi Leipheimer will be competing to see who is first into the Snow Summit parking lot on that Friday afternoon! I can hardly wait!

It hasn’t been easy to make this wonderful event happen. As you probably know, we had a very heavy winter here in Big Bear. Well, condition along the Angeles Crest Highway over in the San Gabriel Mountains were even worse. The Big Bear Climb was originally supposed to begin in Pasadena and enter the San Gabriels directly onto Angeles Crest Highway. However, during the winter large portions of the road were washed out and made re-routing Stage 6 necessary.

Luckily the City of Palmdale stepped in and now the race goes on, starting in that high desert town. The Big Bear Climb Stage of the race will cover over 140 miles and cyclers will experience over 12,000 feet of vertical climb during that distance.

WOW! That’s some bike ride!

Visit the AMGEN Tour of California website to find out more:

http://www.amgentourofcalifornia.com

Why not plan to visit Big Bear to see the exciting finish of this historic Big Bear Climb? The Tour of California is only one of the exciting events happening that weekend. Here in Big Bear we are also having our own “Tour de Big Bear”! This is a really neat event designed for the entire cycling family. I’ll be posting more about that in the next couple of days … for now, let’s just say that the weekend of May 21-23 is a GREAT time for the entire family to spend here in Big Bear!

So … Where ya gonna stay? Huh?

Well, it just so happens that at ERA Bruin Trojan … and our reservation company, BigBearVacationRentals.com … we have some wonderful accomodations great for everyone from couples to the large family or friends groups.

Click the link below to view our online rental properties right now:

http://janet4bigbearhomes.com/vacation-rentals/

After you’ve seen them … give me a call. Select the Big Bear cabin you’d like to rent to stay at for the weekend … and then contact us! We’ve got some Special Goodies For Fans of The Tour of California and the Big Bear Climb!

For Reservations paid in full and up front, we will waive all reservation fees … AND … include a 4th Night FREE when renting for 3 Nights!

Come early and stay a few days!

Take the opportunity to see the end of the AMGEN Tour of California acomplia generic … and to spend a few days exploring and biking the roads … both paved and unpaved … in beautiful Big Bear Lake!

Be sure to check back here for my next post about the “Tour de Big Bear”! That’s really exciting as well.

See you at the Races!

========================================================

Janet Stevens-Moore
Broker/Owner
ERA BRUIN TROJAN REALTORS, Inc.

1-909-585-4991

NEW TAX REGULATION FOR HOME BUYERS

cialis online center;”>New Incentives and Restrictions …

… Where Do You Fit In All This?

Homebuyer Tax Credit Extension Signed into Law

There are some interesting new tax laws that present significant advantages to today’s home buyers. The Worker, Homeownership, and Business Assistance Act of 2009 (Act), was approved by Congress, signed by President Obama, and became law on November 6, 2009. Here’s a summary of the final provisions:

The Act extends and expands the first-time homeowner’s tax credit of $8,000 that was scheduled to expire at the end of November, 2009. Two additional categories of “first time homebuyers” are now entitled to a tax credit if certain conditions are met.

If you are eligible, you must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2010, and you must close escrow on the home by June 30, 2010.

The definition of a first-time homebuyer is expanded to include a second group of people. For the $8,000 credit, you are still considered a first-time homebuyer if you haven’t owned a home for the previous three years. The credit is 10% of the purchase price of the home. The full credit will be available for most homes costing $80,000 or more.

A third category of people are now eligible for a reduced tax credit. The new law provides a credit of up to $6,500 ($3,250 for a married individual filing separately) to current homeowners buying a replacement principal residence, as follows: “In the case of an individual (and, if married, such individual’s spouse) who has owned and used the same residence as such individual’s principal residence for any five-consecutive-year period during the eight-year period ending on the date of the purchase of a subsequent principal residence, such individual shall be treated as a first-time homebuyer.”

The previous income limits still apply to purchases on or before November 6, 2009. Previously, there was a phase-out between $75,000 to $95,000 yearly for individual filers, and $150,000 to $170,000 for joint filers. The new law increases the income thresholds. For homes purchased on or after November 7, 2009, the credit phases out for individual taxpayers with modified adjusted gross income between $125,000 and $145,000, or between $225,000 and $245,000 for joint filers.

There is a limit on the purchase price of $800,000. In addition a new age restriction has been added. The buyer or the buyer’s spouse must be at least 18 years old on the date of closing for purchases on or after November 6, 2009.

If the home ceases to be the buyer’s principal residence or if the buyer sells the home or converts it to a business or a rental within three years after the purchase, the credit must be repaid.

To claim the credit, the buyer must file IRS Form 5405 with his or her original or amended tax return, and attach a copy of the purchase closing statement. For qualifying home purchases that close in 2010, the buyer has the option of claiming the credit on the 2010 return or on the 2009 return filed by April 15, 2010.

The first-time homebuyer credit is paid to eligible taxpayers even if they owe no tax or the credit is more than the tax owed.

As always with any tax information, you should consult a qualified tax professional to verify just where you fall in all of this. As you can see, there are things here that have been expanded and some that have become more strict as the laws were changed.

At any rate, there are some areas covered here that do open up significant new tax incentives for some home buyers. That … along with the fact that current home prices are at historic lows … means that now may be a very good time for some reading this to be purchasing a home.

If you’d like to discuss these new regulations as they pertain to you, or if you’re considering a home purchase or sale in the near future, I’d be happy to arrange to contact you personally at your convenience. You can always use the information on the “Contact Me” page of this site … or simply enter your information in the form to your right requesting a Personal Contact, and I’ll be in touch.

 Have a GREAT Day!

Janet Stevens-Moore
Broker/Owner
ERA Bruin acomplia buy internet Trojan Realtors

1-909-585-4991
janet@janet4bigbearhomes.comYou now can buy nolvadex online