All about Northwest Arkansas Real Estate with Nicky Dou: November 2009

Homes like this do not go on the market every day! I am quite certain this one will sell before weekends end so you had better HURRY! I already have a few showings lined up for today (Friday the 13th "my lucky day")...  1966 E. Township

1966 E. Township in Fayetteville, AR is just under 1500 ht.sq.ft. with three bedrooms & two baths. Home has been pre-inspected and freshly painted & landscaped. Features of this home for sale includes bright & open floor plan with cathedral ceilings in Living Room; washer, dryer and refrigerator convey, great backyard that backs up to Gulley Park (back yard is like a park in itself with tons of landscaping and trees & a gorgeous Gazebo). Large deck with lighting and benches... Great home that is sure to go super quick!

Gulley Park in Fayetteville, Arkansas is a 27 acre Park which includes:

• Walking Trail
• Playgrounds
• Disc Golf
• Volleyball (sand)
• Gazebo
• Restrooms
• Picnic Area
• Open Fields

Click here for the best mls search for all homes for sale in Northwest Arkansas!

Click here to get a free app. for your phone to search all homes for sale in NWA "on the go"!

& last but not least for all of the "Best Deals throughout Northwest Arkansas including Short Sales, Bank Foreclosures & more visit www.NWAFiresale.com

Wonderful news for all of you first time home buyers in Northwest Arkansas (well all over the US - however if you are looking in Northwest Arkansas - give me a call!). AND for homeowners that have lived in their home for at least 5 years can now get a tax credit of $6500... YEAH!

INFO on the new legislation passed on November 6, 2009.

The Worker, Home-ownership and Business Assistance Act of 2009, which was signed into law on Nov. 6, 2009, extends and expands the first-time home-buyer credit allowed by previous Acts. The new law:

• Extends deadlines for purchasing and closing on a home.
• Authorizes the credit for long-time homeowners buying a replacement principal residence.
• Raises the income limitations for homeowners claiming the credit.  

For the first time, long-time homeowners who buy a replacement principal residence may also claim a home-buyer credit of up to $6,500 (up to $3,250 for a married individual filing separately). They must have lived in the same principal residence for any five-consecutive year period during the eight-year period that ended on the date the replacement home is purchased.

People with higher incomes can now qualify for the credit. The new law raises the income limits for homes purchased after Nov. 6, 2009. The credit phases out for individual taxpayers with modified adjusted gross income between $125,000 and $145,000 or between $225,000 and $245,000 for joint filers. 

Home-buyers who purchased a home in 2008 or 2009 may be able to take advantage of the first-time home-buyer credit. The credit:

• Applies only to homes used as a taxpayer's principal residence.
• Reduces a taxpayer's tax bill or increases his or her refund, dollar for dollar.
• Is fully refundable, meaning the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax owed.

Links for more info. on tax credit:

IRS

U.S. NEWS & World Report

Federal Housing

Realtor.org

IF you are looking for a home in Northwest Arkansas - give me a call today! Don't wait till the last minute to get in on this "FREE MONEY!"

Visit my website at www.NickyDou.com OR for all of the "smokin hot deals in Northwest Arkansas including Short Sales, Bank Repo's, Relocation Properties and just HOT deals" check out www.NWAFiresale.com

Download my free phone app. to search all homes in Northwest Arkansas via your phone by texting: DOU to 87778 OR click here.

WOW! it has been such a great year in Real Estate - despite what the media says! It looks as if I am going to have my best year in sales since I began my career in Real Estate!

Watch my Market Report Video to see what the Real Estate market is doing here in Northwest Arkansas -  save the link as I update it on a monthly basis!

Remember if you are looking to buy or sell Real Estate in Northwest Arkansas - give me a call! I love what I do and you will be well taken care of.

Best Regards, Nicky Dou

Also be sure to check out my new phone app. for searching all homes for sale in Northwest Arkansas via your phone. Text DOU to 87778  or (Check out my recent Blog Post on the "moDOU") "The new phone application where Northwest Arkansas MLS is at your fingertips!"

My parents live in "The Orchards" in Bentonville. It has to be one of the best "Trick or Treating" neighborhoods ever. My parents always have us over for Halloween and my beautiful daughter, Madison (this year "Snow White") and her friend Jackson LOVE to trick or treat here.

Halloween dates back over 2000 years ago to the ancient Celtic festival of Samhain (pronounced sow-in). Click here to read about the full history of Halloween!