Georgia House passes housing tax credit

Submitted by Leslie Ransom, REALTOR® and Founding Partner, Atlanta Fine Homes Sotheby’s International Realty. Atlanta Business Chronicle by Dave Williams Staff Writer Georgians who buy a single-family home would get a three-year tax credit under legislation that sailed through the House on Thursday. Lawmakers voted 162-4 to allow home purchasers to receive income-tax credits of up to $3,600, up to $1,200 for each of three years. To qualify, homeowners would have to apply for the credit within six months of the date the governor signs the bill. The measure, which now goes to the Senate, is aimed at revitalizing Georgia’s slumping residential real estate market, said Rep. Ron Stephens, R-Garden City, the legislation’s chief sponsor. “Our problem in this state is […]

Final score: $8,000 for homebuyers

First-time purchasers get a tax credit windfall if they buy before December. By Les Christie, CNNMoney.com staff writer NEW YORK (CNNMoney.com) — There’s a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama’s signature on Tuesday. First-time buyers can claim a credit worth $8,000 – or 10% of the home’s value, whichever is less – on their 2008 or 2009 taxes. A big plus is that the credit is refundable, meaning tax filers see a refund of the full $8,000 even if their total tax bill – the amount of witholding they paid during the year plus anything extra they had to pony up when they filed their returns – was less than that amount. But […]

Wes Vawter in the Top 5% of Atlanta Realtors

Congratulations to Wes Vawter, Founding Partner and REALTOR® with Atlanta Fine Homes Sotheby’s International Realty, who is number three in the city of Atlanta in the Team Large Category last night with $47.3 million in gross sales in residential real estate in 2008. The award was presented to Wes at the Atlanta Board of REALTORS® Million Dollar Club Gala held at the Hyatt Downtown Atlanta.  In addition to hundreds of  REALTORS® in attendance, Jenny Pruitt, CEO/Founder, David Boehmig, President/Founder, and Wes’s wife, Terry Vawter (also a REALTOR®), of Atlanta Fine Homes Sotheby’s International Realty were there to congratulate and celebrate this accomplishment with Wes.

Phoenix Award presented to Carmen Pope

Congratulations to Carmen Pope, Founding Partner and REALTOR® with Atlanta Fine Homes Sotheby’s International Realty, who received the Phoenix Award last night. The award was presented to Carmen at the Atlanta Board of REALTORS® Million Dollar Club Gala held at the Hyatt Downtown Atlanta.  In addition to hundreds of  REALTORS® in attendance, Jenny Pruitt, CEO/Founder of Atlanta Fine Homes Sotheby’s International Realty was there to congratulate and celebrate this award with Carmen. The Phoenix Award presented to those who, for 10 years, have qualified for membership in the Million Dollar Club.