5th Aug, 2010

Military Family Triumphs Buying Colorado Springs Homes

Moving once or 20 times?  No worries.  Respect for military families relocating to Colorado Springs CO homes spurs Ann Heiring of RE/MAX Real Estate to walk the extra mile on their behalf.  In July 2010, after purchasing a beautiful home in Colorado Springs, a client triumphantly explained.  “Ann provides a military rebate that is second to none.  Her sense of patriotism and appreciation for the service of those serving in the military sets her heads and shoulders above her peers in the Colorado Springs real estate business.”  [See Colorado Springs Military Rebate Program.]

“During our 24+ years in the military and 12+ years in the corporate world, we have relocated 20 times.  By a wide margin, Ann is simply the best realty professional in the marketplace.  She possesses the utmost integrity and sense of purpose in all that she does….She has gone far beyond what is normally expected of a realtor and has provided exemplary support for all the details of relocating our family to Colorado Springs.”

A second reason to call upon Ann Heiring’s skills as a professional realtor is to be sure to take advantage of the Home Buyer Tax Credit, if possible.  Military families returning from active duty receive an extension for the Home Buyer Tax Credits offered in 2010.  It is $8,000 for first-time buyers and $6,500 for repeat homebuyers.

Qualified service members ordered on official extended duty must have a binding sales contract in place on or before April 30, 2011.  The property must close by June 30, 2011.  Official extended duty refers to uniformed members of the U.S. military outside of the United States for at least 90 days beginning January 1, 2009 and ending before May 1, 2010.

There is another exception for persons who must return to the States for medical reasons before completing at least 90 days of qualified official extended duty may qualify for a one-year extension.  The rest of our citizens must have a binding sales contract in place on or before April 30, 2010 and closed by September 30, 2010.

Another benefit for military personnel is the Exemption from Tax Credit Recapture Rules.  Normally, if a homebuyer does not use a principal residence personally within three years of the initial purchase, the IRS could capture any tax-credit monies paid out.  Qualified service members are exempt, however.

Contact Ann Heiring of RE/MAX Advantage, Inc. at (719) 440-1010 or Toll Free Cell: 800-246-8978 to learn how our acclaimed city can work hand in glove to help you achieve your lifetime goals.

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