If you plan to apply for the home buyer tax credit, you should start shopping for your home now. Following are key points that prospective home buyers should be aware of when considering a home purchase under the tax credit program.

• A tax credit of up to $8,000 is available for first-time home buyers purchasing on or after January 1, 2009 and on or before April 30, 2010. In cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
• A tax credit of up to $6,500 is available for repeat home buyers who have owned a home for five consecutive years out of the prior eight years. The repeat home buyer tax credit applies to houses sold after November 6, 2009 and on or before April 30, 2010. In cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.

Contact us to learn more, or for more information, see www.FederalHousingTaxCredit.com.

Are you a bargain hunter? If so, be sure you look at our homes before you make an offer on another house. A foreclosure home may seem like a good deal, but there are tradeoffs involved. Some are missing appliances, fixtures or systems components. Some have damage from not being properly maintained.

Before you make your purchase decision, be sure to see a Wolfe home. Wolfe homes are competitively priced and the superior quality construction will pass inspection with flying colors. We offer the most modern finishes including maple cabinets and hardwood floors - you won't have to make any expensive updates to an old kitchen or bath. Your home will have a 1/2/10 year warranty and a dedicated service team to assist you during your warranty. You're working harder now than ever - don't you deserve to spend your free time enjoying yourself instead of working on do-it-yourself projects?

Contact us to learn more, or feel free to drive by our new homes.

According to Kiplinger's, over the past year, prices dropped 15% across the U.S. and rose in only two cities: Clarksville, Tenn. (up 1%), and Johnson City, Tenn. (2%).

Take a look at the new homes we have available in Jonesborough with prices starting at $134,900. These homes all feature 3 bedrooms, 2 or more baths and a 2-car garage. The link below will open a flyer with more information. Or, feel free to browse our new homes by clicking "Homes for Sale" under the "Properties" tab above. 

Mill Creek January.pdf (834.65 kb)

Our homes offer upgraded, low maintenance materials and we provide an excellent ten-year warranty. 100% financing is available. Please call Whitney Riddle at (423) 791-0265 or email him at whitney@wolfe-development.com for more information.

1 BR Condos in Gray near I-26 $695/month.

1 BR Condos in Jonesborough near Wetlands Water Park $655/month.

1 BR Condos in Jonesborough on Boones Creek Rd $675/month.

For more information, please call (423) 791-0265 or (423) 747-2800, or email whitney@wolfe-development.com or rob@wolfe-development.com

Elegant 1 BR/one level apartment homes with a private attached garage are available in three locations near Johnson City. Be one of the first to enjoy the tasteful interior amenities including ceramic tile floors, textured walls and cathedral ceilings. Convenient one level layout and private attached one-car garage. The extra large bedroom measures 15' x 16' and offers a spacious walk-in closet and bathroom with his and her vanity. The kitchen features a frost-free refrigerator with icemaker, dishwasher, range, microwave and disposal, and plenty of cabinet and counter space. Each unit w/private patio or deck. Cable ready, high speed internet is available. Click the links above for more information about each property. Owner/Agent.

A 2 Bedroom option is now under construction with estimated completion in Spring 2010. Contact us for more information at (423) 747-2800 or rob@wolfe-development.com  

Our new homes are now eligible for 100% financing from local lenders through Rural Development. Contact us for more information.

Home shown: 1364 Meadow Creek Ln - $142,900

Class A office suites, completely remodeled in 2009. Beautifully finished with high end selections including textured walls, crown molding, ceramic tile and carpet, oil-rubbed bronze hardware, wood cabinets and security system. Many windows for plenty of natural light. A selection of versatile units from which to choose. Each offers a reception area, private offices, work rooms or bullpen areas, storage closets, two restrooms and a kitchen. Two entrances/exits - one on Highway 11E and one on Forrest Circle. 

For more information, please download our flyer with the following link: First Town Plaza.pdf (1.80 mb)

It's been a long time coming! We now have a selection of new homes on Meadow Creek Lane ready to tour. Though not quite finished, several new homes are taking shape. We've also updated our interior finishes: We're using maple kitchen cabinets in a medium cherrytone stain or an espresso-color stain. Maple hardwood floors can be found in kitchens and dining rooms in a natural stain or a medium cherrytone stain. Our light fixtures, faucets and other hardware are a brushed-nickel or stainless steel finish. Baths now come with ceramic tile and larger homes have double sinks in the master bath. Where possible, half baths are roughed-in in unfinished basements. What we haven't changed is the quality you've come to expect from Wolfe Development. We're here for the long run, so of course we still provide a one-year warranty on workmanship and materials, a two-year systems warranty and a 10-year structural warranty. Our homes are certified Energy Right by TVA and are eligible for FHA and VA financing. For more details on these new homes, click here or call (423) 791-0265.

If you are a first-time buyer and want to take advantage of the $8,000 tax credit, you should be looking for a new home now. To qualify for the credit, you must close on your new home before December 1, 2009. Once under contract, it can take up to two months to process your loan. So hurry and don't let the opportunity to get $8,000 FREE from your Uncle Sam pass you by. See our homes for sale - they're perfect for first time buyers. Some even qualify for 100% financing from local lenders. And with our 1, 2, and 10-year warranties, you can be confident that your new home is built to last. Contact us to see any of our new homes today.

See this article for some good information on how to get quicker access to the first-time buyer tax credit.