Fort Worth Real Estate Online

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Townhouses... Carrollton, Texas Style ! From the high 190's

For all of you renters out there... if you're thinking about still trying to sneak in under the wire for the $8,000 tax credit that Uncle Sam and Aunt Samantha are just "itching" to give you... you need to see one of the hottest townhouse communities in south Carrollton, Texas.

It's a new kind of townhouse... made just for Texas.  One of the drawbacks for many Texans as far as townhouses have been concerned... is that just about everyone who is interested in a townhouse... wants an end unit.

Usually, townhomes are built with anywhere from six to eight units in each building... which obviously means that out of an eight dwelling building, only two townhouses can be "end units."

Well... that has all changed !  There is a major new neighborhood that has recently opened in the wonderful, close-in city of Carrollton, Texas.  It is an entirely townhouse neighborhood... but with one major exception not normally found in a townhouse community.

Each building... instead of having six to eight dwellings per building... when means six interior homes, and only two corner-units... this new neighborhood features a maximun of THREE units total per building... two of which, obviously, are "end units."

This is a major "happening" in Carrollton.  Only open a few months... sales are brisk... and not many homes are left that will finish in time to qualify for the November 30th deadline needed to qualify for the $8,000 tax credit.

Sooo... if you are ready to go from "Just Looking" to "Let's Get Serious..." give Karen Anne Stone a call at the New Homes Hotline at (972) 951-4350 or (817) 929-3400.  Call Karen today !

Ninety Days To Go... To Qualify for the Texas Homestead Exemption for Calendar Year 2010.

I bet most of the buyers that either you or I work with love a good surprise.  Not bad ones, but good ones.  The next ninety days offers the "last chance" for buyers to give themselves their very own Christmas Present.

That present comes in the form of the Homestead Exemption here in the State of Texas.

Texas is very big on home ownership.  The higher the rate of home ownership, the more interested those folks are in creating beautiful yards and neighborhoods to live in.

The Homestead Exemption... the Cliff Notes version... works like this.

There are many "entities" that line up to tax each residential home.  Cities, counties, schools, libraries, water districts, local community colleges... and so forth.  Sometimes the list may seem to be endless.

Each of these entities... for the most part... sees a portion of the value of the home in question... become "not taxable" or "tax exempt"... when the owners of that home qualify for, apply for... and then receive... their very own "Homestead Exemption."

When putting all of these "forgiven parts" of the value of each home together... a pretty good chunk of the assessed valuation of the home can end up "not taxable"... or "tax exempt.

An average estimate of the prcentage of tax savings... and remember... this is just an "estimate"... usually comes in at around twelve percent.  So... if the yearly real estate taxes on a home in Texas happens to be about $300 a month.. or $3,600 a year... if the Homestead Exemption hits in at around 12 percent... the total savings for the year could be approximately $36 dollars a month... or close to $400 a year.

In order for a home to qualify for a Homestead Exemption in the State of Texas... it must be "owned" by the owner as of January 1, 2010... and it ust be his or her primary residence.  If the owner takes title any later than that... the home does not qualify for Homestead Exempt status until January 1, 2011.

If you are in the market for a new home, and are ready to go from "Just Looking" to "Let's Get Serious"... call the DFW New Home Hotline at (817) 929-3400 today !