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As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that: •·     Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. •·     Expands the credit to grant a $6,500 credit to current home owners purchasing a new or existing home between November 6, 2009 and April 30, 2010. Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream. Who Qualifies for the Extended Credit? •·     First-time home buyers who purchase homes between November 6, 2009 and April 30, 2010. •·     Current home owners purchasing a home between November 6, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight. To qualify as a "first-time home buyer" the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase. If you or your client purchased a home between January 1, 2009 and the date the bill is signed by President Obama, please see: 2009 First-Time Home Buyer Tax Credit. Which Properties Are Eligible? The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops. How Much Is Available? The maximum allowable credit for first-time home buyers is $8,000. The maximum allowable credit for current homeowners is $6,500.  How is a Buyer's Credit Amount Determined? Each home buyer's tax credit is determined by two additional factors: 1.    The price of the home. 2.    The buyer's income. Price Under the Extended Home Buyer Tax Credit, credit may only be awarded on homes purchased for $800,000 or less. Buyer Income Under the Extended Home Buyer Tax Credit, which is effective on November 6, 2009,  single buyers with incomes up to $125,000 and married couples with incomes up to $225,000-may receive the maximum tax credit. These income limits have changed from the 2009 First-Time Home Buyer Tax Credit limits. If you or your client purchased a home between January 1, 2009 and November 5, 2009, please see 2009 First-Time Home Buyer Tax Credit. If the Buyer(s)' Income Exceeds These Limits, Can He/She Still Get a Credit? Yes, some buyers may still be eligible for the credit. The credit decreases for buyers who earn between $125,000 and $145,000 for single buyers and between $225,000 and $245,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income-over $145,000 for singles and over $245,000 for couples are not eligible for the credit. Can a Buyer Still Qualify If He/She Closes After April 30, 2010? Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.  Will the Tax Credit Need to Be Repaid? No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during this three-year period, the full amount credit will be recouped on the sale.

Weichert, Realtors Twin Ports Welcomes Our New Affiliates:

* Theresa Roberts
* Colette Ogren
* Nathanael DeLoach
* Nick Amys

Call Us To Begin Your Real Estate Career ! 

Most lenders list their Duluth, MN and Superior, WI foreclosures with REALTORS and we at Weichert, Realtors Twin Ports handle many foreclosed properties.  In addition area foreclosure listings are available for St. Louis County, MN and Douglas County, WI. These properties are referred to as REO's.  That means that they are "Real Estate Owned" by lenders.  With the recent increase in forclosure activity, there are great opportunities for both owner occupied home purchasers as well as investor buyers.  Foreclosed properties include multifamily dwellings as well as single family homes.  You can also use our site to search for HUD homes in Duluth, Minnesota and Superior, Wisconsin.  In addition... mortgage interest rates are GREAT right now !

Home Buyers, you can search homes and real estate listed for sale in Duluth, Minnesota and Superior, Wisconsin along with listings for lake homes, land, and commercial properties.  At Weichert, Realtors Twin Ports our experienced buyer agents will assist you in finding the right home for you.  The housing market is always changing and buyers need an agent negotiating on their behalf as much as sellers do.  There are investment properties available too. 

Weichert, Realtors Twin Port's membership in the Multiple Listing Services in Duluth, MN and Superior, WI gives you internet access to all real estate listings region wide, including Duluth, Superior, Hermantown, Two Harbors, Proctor, Island Lake, Esko, Cloquet, Lake Nebagamon, Brule, Iron River, and Solon Springs and more...

We can help you purchase any property for sale in the Twin Ports area, regardless of who the listing agent is. Use this website to search the MLS for listed Homes and Properties for sale in the Twin Ports area.  If you are looking for a lake home, vacation property, vacant land, a home, or an income property, you will find them here.  In addition, we can help you find and purchase bank foreclosures and HUD homes.  Ask us about REO properties and the process to buy them.

If you're looking for real estate listings, homes or property in the area, we will help you choose the right home or property for your needs and will guide you towards making an informed real estate decision in the local market.  We pride ourselves in being able to give all our clients important local information based on years of living and enjoying all that the northland area has to offer.

If you are a seller, we will help price and put your home or property on the market for a quick sale. If you'd like to find out the value of your home or property, go to our "Your Home Value" page and submit a CMA request. We will research the value of your home or property for you. This is a free service provided by Weichert, Realtors - Twin Ports.

This site is designed to help you make the important decisions needed to purchase or sell real estate, homes, or property.  Bookmark it for future reference and feel free to call or e-mail us (800) 569 - 8149 for all of your real estate needs. 

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                   ... is Living Here!  GLBT Friendly.  Alternative Lifestyle Friendly Real Estate.