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Carver Communications - Index

Carver Communications - 101508 - Index

32 REAL ESTATE NEWSLINE October 15, 2008
GSABA presents the 2009 Housing Forecast
Mr. Jack Inselmann, Metrostudy
will be keynote speaker
The Greater San Antonio
Builders Association (GSABA) has
announced that the 2009 San Antonio
Housing Forecast will be held January
5, 2009 at the Westin La Cantera hotel.
Tickets to the historically sold-out event
are on sale now through the Greater San
Antonio Builders Association at 210-
696-3800. This year’s event will be held
separately from the San Antonio Board
of Realtors.
The San Antonio Housing
Forecast, presented by GSABA is the
only forecast featuring Jack Inselmann
of MetroStudy. Inselmann presents
Gonzalez Joins Exit Realty IH 10
GONZALEZ
Martha Gonzalez
has joined Exit Realty IH
10 bringing her experience
in the lending
industry as well.
Martha enjoys
helping others succeed,
an attitude that Martha
believes in and that sets
research he has compiled on the housing
industry’s performance and presents
it for the coming year. His forecast is
based on job growth, building permits
pulled, home prices, home appreciation,
and population growth, among other
variables. In addition to Mr.
Inselmann’s keynote presentation, other
speakers addressing the attendees will
be: Jon Hockenyos of TXP in Austin,
Richard Perez, the Greater San Antonio
Chamber of Commerce, and Norman
Dugas, Jr., Dugas Diversified
Developments, L.C.
For more information, go to
www.sabuilders.com or call 210-696-
3800 to purchase tickets.
her apart.
As an experienced mortgage consultant
as well as real estate agent, Martha can
surely know what she can do for clients in
terms of getting the best of two worlds. As
a bilingual professional, Martha Gonzalez,
can help you achieve your dreams and goals.
Contact Martha at (210)694-2500 or
687-4648, cell.
A Force To Be Reckoned With!
Two Dynamic Real Estate Professionals Team – Up
Offering The Very Best of Texas In Texas…..
Proud to be Texas Owned and Striving to Make Texans Proud
Michael Brown
Vice President
(210) 260-9075
michael@alliedwarranty.com
(866) 791-1200, ext 745
Louis Collins
Sr. Account Executive
(210) 430-0653
louis@alliedwarranty.com
(866) 791-1200, ext 740
13 Month Plan offering Free Sellers Coverage Including Heat and Air
Unknown Pre-Existing Now in Basic…Plus Many Affordable Upgrades
NEW One-Hour MCE Course….
“Must Knows About Residential Service Contracts”
Taught by Michael Brown…Texas Warranty Association President
Please Call For Details and Scheduling!!!
Continued from 29
there is sufficient capital gain from the sale.
For example, a home buyer claiming a
$7,500 credit would repay the credit at $500
per year. The home owner does not have to
begin making repayments on the credit until
two years after the credit is claimed. So if the
tax credit is claimed on the 2008 tax return, a
$500 payment is not due until the 2010 tax
return is filed. If the home owner sold the
home, then the remaining credit amount
would be due from the profit on the home
sale. If there was insufficient profit, then the
remaining credit payback would be forgiven.
Is there any way for a home buyer to access
the money allocable to the credit sooner than
waiting to file their 2008 tax return?
Yes. Prospective home buyers who believe
they qualify for the tax credit are permitted to
reduce their income tax withholding.
Reducing tax withholding (up to the amount
of the credit) will enable the future home
buyer to accumulate cash by raising his/her
take home pay. This money can then be
applied to the down payment. Buyers should
adjust their withholding amount on their W-4
via their employer or through their quarterly
estimated tax payment.
These are a selection of questions from the
FederalHousingCredit.com web-site and
individuals should consult a tax advisor to
verify details related to the tax credit.
For more information on the tax credit, visit
www.centex.com or and Centex Community
Texas Association of Realtors’ Romeo Arrieta, James and Karen Hale of
Keller Williams Legacy and Jake Jacobson of State Farm Insurance compare
notes during the First Voice Luncheon at Presidio Title on Broadway.