In today's competitive real estate market, timing is everything.  Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in Morgan County with our New Listings Notification. Berkeley Springs WV real estate and Berkeley Springs homes for sale are our specialty, and we can keep you informed about any new listings that come available. For detailed information regarding real estate closings in our area for the previous month, check out our About Berkeley Springs page.

Our company also provides vacation homes, shells, retirement homes, and affordable housing on properties that it develops.  Keystone homes can be built on your lot or ours. We can also assist you in locating foreclosures, short sales or advise you on how to avoid foreclosures.

Contact us to receive a customized list of properties!

It has never been a better time to buy real estate.  The federal housing tax credit is enabling a wider range of buyers access to federal funds.  The following information briefly describes each credit:

 The $8,000 First-time Home Buyer Tax Credit at a Glance

• The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
• The tax credit does not have to be repaid.
• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
• The tax credit applies only to homes priced at $800,000 or less.
• The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
• For homes purchased on or after January 1, 2009 and on or before November 6, 2009, the income limits are $75,000 for single taxpayers and $150,000 for married couples filing jointly.
• For homes purchased after November 6, 2009 and on or before April 30, 2010, single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.
  _{Source: federalhousingtaxcredit.com}

The $6,500 Move-Up / Repeat Home Buyer Tax Credit at a Glance

• To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
• The tax credit does not have to be repaid.
• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $6,500.
• The tax credit applies only to homes priced at $800,000 or less.
• The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.
• Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.
  _{Source: federalhousingtaxcredit.com}

 If you own real estate that you're thinking of selling, we would be happy to provide you with a FREE Home Evaluation.

SHOP FOR YOUR HOME THE SMART WAY!

Just tell us the type of home you are looking for by indicating your specifications in the Comments block below and we will email you as soon as a home hits the market that meets your criteria.  We will also let you know any time a home meeting your criteria has a price reduction.  It's that easy!! Your FREE, no obligation account can be set up within 24 hours.

Michael D. Pearse, Broker