Media & Press

New Tax Credit for Current Home Owner's Making a Home Purchase and the Extended First Time Buyer Credit

November 7, 2009 by Sasha C. Farmer Realtor · Leave a Comment 

Today, President Obama signed off on the Extended Home Buyer Tax Credit, now to include a credit for current Home Owners.

This new initiative will continue the current $8,000 first time home buyer credit to eligible participants until 2010- July 1, 2010 to be exact, which is when all closings must have occurred. In order to be eligible for this credit, you must have the property under contract no later than April 30, 2010.

It has also expanded the credit to current home owners. Anyone who has used their residence as a primary residence consecutively for 5 our of the last 8 years are also eligible for a tax credit when making their next home purchase. This is a $6,500 credit and the same deadlines still apply; April 30, 2010 for homes to be under contract, and July 1, 2010 for the sale to have closed.

Many of the details are explained in the following PDF document- please contact me with any specific questions!

Click here to download the November 7, 2010 Extended and Expanded Tax Credit.

Charlottesville Named by National Geographic as one of the 50 Best Adventure Towns

September 20, 2008 by Sasha C. Farmer Realtor · Leave a Comment 

According to National Geographic, Charlottesville is one of the top 50 places to relocate right now and for the future;

A change of address can bring instant gratification. You could wake up tomorrow in Missoula and kayak off your own deck at dawn, sneak in singletrack at lunch in Chattanooga—or choose your own adventure in any one of the country’s best base camps. But a move is a long-term investment. So this year we selected 50 innovative towns that aren’t just prime relocation spots right now, but smart choices for the future. Not only do they have the action. They’ve got a plan. Now we’re giving you a plan too. Inside, you’ll find hometown picks that range from adventure 24/7 hubs loaded with outdoor options to urban players that offer a variety of jobs and cultural activities without sacrificing green space. You’ll also hear from recent transplants who made the move and have a better quality of life to show for it. So go on—get packing.

It remarks about Charlottesville;

“Leave all the afternoon for exercise and recreation.” So said resident Thomas Jefferson, and no wonder—he had the Blue Ridge Mountains out back. Today, University of Virginia grads follow his advice in the lush hills of Shenandoah, while city planners protect urban forest and build new trails.”
Population: 40,315 
Median home price: $279,500 

Go to read the full article here!

Charlottesville is #4 on the list of the Best Affordable Suburbs in the U.S.

March 5, 2008 by Sasha C. Farmer Realtor · Leave a Comment 

According to Business Week, Charlottesville is ranked #4 of the Best Affordable Suburbs in the U.S.  Read the article here.  The criteria they used;

 All indices are based on an average of 100; cost of living and violent crime based on national average, test scores based on state average.