I hope you’re having a terrific Spring!
BREAKING NEWS: Soon you may be able to use the $8000 credit towards your down payment. Last week the secretary of HUD stated that the FHA is going to permit its lenders to allow homebuyers to use the $8000 credit as a down payment. This program is not yet in place, but should be soon.
$8,000 First time home buyer credit facts:.
• Youmust be a first time homebuyer (you have not owned a property in three years).
• You must close on your home between January 1st and December 1st 2009.
• The credit is equal to 10% of the cost of the home up to $8000.
• There are income limits… your adjusted gross income on your 2008 tax return can not exceed $75,000 ($150,000 if filing jointly) to be eligible for the full credit.
• You can apply for the credit immediately after closing. Visit IRS.GOV
Wondering what your home is worth? Call me for a FREE MARKET ANALYSIS
Market News
Sales of existing homes increased for three straight months. This is the first ninety day increase since June of 2006. Interest rates still floating below 5%, making it a great time to buy …or refinance! Are you interested in market survey reports? These are the same reports all the pros use. Just give me a call or send me an email and ask for “market reports.” I will email them to you as they become available.
A Little Local News
HOLLY “HAIR GENIUS” HAS MOVED!
For my friends and clients wondering where Holly went after Attitudes shut their doors. Across from Yorktown. A little place called LiRosa 630.6201944. (Best hair cut in a five county radius!)
Think Green
Don’t let your old CFLlight bulbs end up in a landfill. Your local HOMEDEPOT collects them for recycling. (Near the returns register).
Did you know that nearly 700 gallons of water will run off of your roof during a day of rain? Why not collect it in a rain barrel? You can find a great selection at Pioneer Garden & Feed on south Villa Avenue in Villa Park.
Jeanne’s Corner Kitchen
BOB’S MARINARA SAUCE
This was his mother’s recipe and it’s fabulous! It is truly
the best sauce I have ever tasted …and I’ve tasted a lot.
Ingredients:
2 – 28 oz cans “6 in 1 all purpose tomatoes”
2 – 28 oz cans Italian peeled plum tomatoes
1-1/2 Cans (6 oz) tomato paste (total 9 oz)
1 – Large sweet onion-chopped fine
3 – Cloves garlic-chopped fine
Add to taste:
Dried basil
Salt & pepper
Red pepper flakes
Directions:
Puree tomatoes in blender. Pour into a large pot over a low heat. Saute onion in olive oil until soft – add garlic -do not brown. Add tomato paste & 6 02 water – add mixture to sauce. Add salt, pepper, red pepper & basil. Simmer 45 minutes. Serve over your favorite pasta. Enjoy!
Notable Quotables
“Nearly all men can stand adversity, but if you want to test a man’s character, give him power.”
-Abraham Lincoln
