Tim Houk

I am at. Home inspection at 13662 Joseph st in walker, la. Sales price of this home is 126,900. Here is the great thing about it…100 percent loan financing! If you are outside of baton rouge city limits, homes qualify for rural development loans. How incredible is this for first time buyers?! Three bedroom, two bath home…1200 sq ft. Fenced back yard, split floor plan, new laminate flooring, workshop, and a landscaped yard. Talk about a lot for your money! Right off ball park road and Florida blvd.

Call me 225.301.7467 to discuss your options on a home of this type, or to view homes in baton rouge

Tim Houk
Www.timhouk.com
Www.beautifulbatonrougehomes.com

Just wanted to let everyone that uses my site to search for baton rouge homes, I have made some changes.  I added some new content and I will be adding an AWESOME new search feature by Wolfnet.  This should be a major improvement from the current one.  Thanks for following my blog and have a great weekend.

Tim Houk

www.timhouk.com

I am just here at the office thinking of how INCREDIBLE the new stimulus tax credit is going to be this year.  The new provisions state that you can get up to 8000.00…and here is the kicker.  You DO NOT have to pay it back!!!! Last years version, which was 7500, must be paid back over the course of 15 years starting in 2010.  So, if you were really were hesitant to purchase a home due to closing costs, down payment, etc.  Fear not!  Here is a chance to have that money from your savings replenished.  FREE!!  Here are some other provisions :

• Will help home buyers in high-cost markets by extending the FHA, Fannie Mae and Freddie Mac loan limit of $729,750 through the end of 2009.
• Allows state housing finance agencies to help buyers at closing by advancing the credit as a loan using proceeds from tax-exempt bonds.
• Extends the tax code section 25C credit for energy-efficient home improvements through the end of 2010; increases the credit rate from 10 percent to 30 percent; raises the lifetime cap from $500 to $1,500; expands the list of eligible improvements.
• For 2008 operations, expands the net operating loss carryback period from two years to five years for small businesses (businesses with average gross receipts of no more than $15 million over the previous three years).
• Temporarily allows exchange of Low-Income Housing Tax Credit allocating authority for tax-exempt grants and appropriates $2 billion in HOME funding for affordable housing projects.
• Provides a “patch” for the Alternative Minimum Tax for tax year 2009.
• Increases bonus depreciation and section 179 small business expensing for business investment in 2009.
• Increases New Markets Tax Credit allocating authority for 2008 and 2009.
• Delays for one year—from 2011 to 2012—the start of the three percent government contractor withholding requirement.

Wow.  I just locked a client in at 5.5% , 30 year fixed.  If you are looking to purchase in Ascension or Livingston Parish call me IMMEDIATELY!  I don’t know how long this rate will be here.

Tim HOuk