What an exciting and memorable day to be part of this worthy cause! It was obvious that this was a very well-organized operation and by the time I got there, the highly skilled contruction workers were very hard at work. It was cold but there were heated tents to warm up and even a mess hall with hot food for hungry workers! Read about the Skaggs family: http://www.idealextremehome.com/

Build kicks off
February 2-7
Demolition and Extreme Makeover (check back February 1 for a detailed construction schedule)
February 7
Move that Bus! Family comes home, and the home is revealed

If you want to be there for the "big reveal" on Sunday and need information about where to where to go or where to park, call, email or text me and I'll share info!

First time homebuyers buying NEW or RESALE homes are eligible for the First Time Homebuyers Tax Credit as long as the home is under contract by April 30, 2010. You must not have owned a principal residence during the three years prior to the purchase. That Tax Credit is equal to 10% of the purchase price up to a maximum of $8000. There is an income limit for single taxpayers: $125,000. For married taxpayers filing jointly, the income limit is $225,000. To claim the tax credit, you'll complete IRS form #5405 and claim the amount on line 67 of the 1040 form. That's the same form for the Repeat Buyer Tax Credit of $6500. This is a Tax Credit, offsetting any monies owed to the IRS. If you owe nothing, you'll receive the full amount. It's that simple! No other forms, no other requirements.

Be sure to take advantage of this opportunity and contact your realtor today! This program is NOT expected to be extended! Time is running out!

Labels: First Home, First Time Homebuyer Tax Credit, Home Buyer, Repeat Buyer Tax Credit, Tax Credit Limits, Taxes

According to the Preston Report, Edmond home values seem to be holding steady, overall. Total Home Sales were down nearly 5% from 2008 but much of that decrease was seen in the over $500,000 price point. At that price point, there was a 40% decrease in total sales in 2009 from 2008. The good news is, some Edmond neighborhoods averaged exactly the same price/square foot in 2008 as in 2009. Holding steady! The $200-300,000 price point is showing sales improvement after a slump in that range through late 2008 and early 2009.

Contact me for your free copy of the Preston Report: Email me at kay@kaypratt.com.

This winter weather can either contribute to the "blahs" or it can be a motivator to make use of the time indoors to start a project. It's proven fact that even minor upgrades to your home such as new tile in the bathroom, replacing faucets & light fixtures, or sprucing up kitchen cabinets can yield great return on investment! This is the time many folks are considering placing a home on the market and now is the time to take advantage of being stuck at home. For only a few hundred dollars (less if you're thrifty!) and a weekend,your home could have an advantage in the marketplace when ready to sell. Not only will you get 100% of that investment but it'll show better and without question, sell faster!

Labels: home repairs, home selling, kay pratt, projects, remodelling