After you’re done doing your early morning shopping to get in on those Black Friday “deals” at the stores, Hendersonville will be bringing Friday Night Lights to town.  The annual Downtown Lighting Ceremony will be taking place at the gazebo in downtown Hendersonville beginning at 5:30pm.  Bring the family down for free carriage rides, caroling, thousands of twinkling lights and a special appearance by Santa himself.  Anyone can participate in the Christmas caroling if they want to.  Song sheets will be available upon request.

Not only will Santa be available to listen to all the kids Christmas wish lists and pass out candy canes, but he will be flipping the switch to start the lighting ceremony.  Make sure to bring your cameras!  Even Hendersonville residents will be allowed to participate in the lighting ceremony in a “hands on” way for the very first time ever.  But, you’ll have to come to the Downtown Lighting Ceremony to see just how this will happen.  Just like past lighting ceremonies, four evergreen trees will be planted on Main Street for everyone to enjoy throughout the year.  Local nonprofit organizations have also decorated Christmas trees that will be visible around Main Street, with lots of lights in the flowerbeds and planters as well.  Make sure to bring your family to downtown Hendersonville when they bring Friday Night Lights to town on November 27, 2009.

Rich Cooke, your Hendersonville real estate specialist

The Henderson County Swine Flu Clinic is scheduled to take place this Saturday, November 21, 2009 from 8-11:30am at the Henderson County Department of Public Health in Hendersonville.  Due to the limited availabilty of vaccine, only available those people in the designated priority group* will be allowed to receive vaccinations, which will be provided for free.  Vaccinations are available on a first-come, first-served basis.  The Henderson County Health Department will continue to provide H1N1 vaccine clinics as vaccine is available Mondays through Thursdays from 9am-12pm by appointment only.  For more information and to make an appointment, please call the Hendersonville Flu Hotline at 694-4040.  Bilingual nurses are also available upon request.

*People in the priority group are pregnant women, people who live with or care for children ages 6 months or younger, healthcare and emergency medical personnel, children and adults between the ages of 6 months and 24 years and those people ages 25-64 who have health disorders or compromised immune systems that would make them at higher risk for adverse affects from the H1N1 virus.

Rich Cooke, your Hendersonville real estate specialist

$8000 Tax Credit Extended

November 12, 2009

The $8000 tax credit has been extended and includes a $6500 tax credit for existing homeowners.The $8000 First Time Home Buyers Tax Credit has been extended both in time and to include a $6500 tax credit for existing homeowners.  Previously, only first time home buyers (those buyers who have not owned a home for at least the three previous years) were eligible for an up to $8000 tax credit based on the purchase price of the home.  This was set to stop December 1, 2009.  However, President Obama has just signed an extension to the First Time Home Buyers Tax Credit that applies to all homes purchased by April 30, 2010.  If you have a signed binding sales contract in effect by April 30, 2010, you have until July 2, 2010 to close escrow.

In addition to the $8000 First Time Home Buyers Tax Credit, President Obama made available a $6500 tax credit for current homeowners looking to purchase a new home.  Existing homeowners must have used their home as their primary residence for at least five consecutive of the last 8 years to qualify for this new tax credit.

Income Limits:

If you are a single home buyer or married filing head of household, you cannot make more than $125,000.  If you are married and file jointly, you cannot make more than $225,000 to receive the total tax credit you are eligible for.  You are eligible for a partial credit if you are single or a head of household filer and make between $125,000 and $145,000 or married filing jointly with an income between $225,000 and $245,000.

Homes That Qualify:

Only a home that is purchased and used as a primary residence is eligible for the appropriate tax credit.  That means that vacation homes, rental properties and commercial properties do not qualify.  Also, the purchase price cannot exceed $800,000

These tax credits do not have to be paid back provided you use your house for your primary residence for at least three years.  However, if you sell your home before the three year time period is up, you will be required to pay back all the tax credit you received.  For more information on the tax credit extensions and how they effect you with your Western North Carolina home, please contact me.

Rich Cooke, your Hendersonville real estate expert