First-Time Homebuyer Tax Credit is Extended and Expanded!

Categories: Canyon Crossing, Creekside Village, Deer Creek, Fort Worth, Houston, LGI Homes, San Antonio, Sunrise Meadow 1 Comment »

iStock_000009159142XSmall

Thinking about buying a new home? It’s not too late to benefit from the First-Time Homebuyer Tax Credit. You may still be eligible for a tax credit worth up for $8,000.

Federal Homebuyer Tax Credit Summary

The current $8,000 tax credit available to First-Time homebuyers, and those who have not owned in the last three years, is extended to April 20, 2010.  In addition a new tax credit in the amount of $6,500 for Repeat buyers has been created.  A Repeat buyer is defined as an individual who has owned and resided in a home any five consecutive year period of the last eight years. Also the new tax credit may provide an additional extension for active-duty military personnel who serve outside the United States.

The Federal Homebuyer Tax Credit applies to home contracted for sale by April 30, 2010 and close by June 30, 2010 and does not have to be repaid.

LGI Homes Can Help!

With today’s historic low interest rates many people are finding out they can own a brand new home for less than they are paying in rent.  At LGI Homes we have new homes starting as low as $599 per month.

LGI Homes is the leader in affordable housing for First-Time Homebuyers.  With communities in Houston, San Antonio, and Fort Worth we have the perfect home for you and your family to realize the American dream of homeownership.

You have a limited time to take advantage of this Tax Credit. Take the first step towards homeownership and visit one of the beautiful LGI Homes communities today. For details and additional information on the Federal Homebuyer Tax Credit, visit FederalHousingTaxCredit.com.

Don’t Miss Out!  Take advantage of this limited time offer.

CNBC Realty Check: 100% Mortgage Financing From USDA

Categories: Canyon Crossing, Houston, LGI Homes, News, San Antonio, Sunrise Meadow No Comments »

 By: Diana Olick, CNBC Real Estate Reporter 

I didn’t know about it either. Yes, the US Department of Agriculture has a program, instituted back in the 1940s, to assist in rural development, that has become extremely popular during these days of crunching credit. These are USDA-backed loans, so approved lenders can offer no-money downRead the rest of this entry »

There is still time to be in your new LGI home by Christmas

Categories: Canyon Crossing, Creekside Village, Deer Creek, Fort Worth, Houston, LGI Homes, San Antonio, Sunrise Meadow No Comments »

Christmas Wreath Red Door

Where will you be spending the holiday season? How about in your brand new home!

There is still time to purchase your new home and be moved in by Christmas but you must act quickly. And as an added bonus you may be eligible to receive an $8000 tax credit from Uncle Sam on your 2009 Tax Return.

Come in this weekend to see the great floor plans LGI Homes is now offering.  This is the last weekend to purchase to guarantee you move in before the Holidays.

Increase the Value of your New Home with Well-Maintained Landscaping: Part 4 – Walls & Fencing

Categories: Home Maintenance, LGI Homes No Comments »

Walls and Fencing

The landscape around your new LGI home plays an important-role in the overall beauty of your property, as well as helps to prevent erosion.  Well-maintained landscaping will help increase the value of your property.  Part four of our four part landscaping series discusses Walls and Fencing. 

There are several different types of walls and fencing found on residential properties.  Each type requires different maintenance tasks and frequencies.  However, no matter what kind of walls and fencing you have there are some common guidelines.

It is important to keep landscaping trimmed away from walls and fencing and always remember do not change the grade.  The grade of the ground next to a wall or fence has been designed by an engineer.  Changes may cause tilting and cracking, or cause wood fencing that comes in contact with soil to rot.  It is also important to prevent water from ponding near walls and fencing.  Water, especially reclaimed water, can cause premature deterioration of the wall and fencing materials.  Read the rest of this entry »

Homeowner Testimonial: Margo

Categories: Homeowner Testimonials, Houston, LGI Homes No Comments »

“I just purchased a home from LGI Homes and I found them to be extremely honest and customer friendly from the salesman all the way to the customer service rep after the closing.  Very seldom do you find satisfaction from beginning to end but they have such a knowledgeable well put together team that it was a wonderful experience and I wanted them to have some recognition for the great job they do.”

- Margo, LGI Homes homeowner in Conroe, Texas

LGI Homes Lowers Interest Rates at Canyon Crossing and Sunrise Meadow

Categories: Canyon Crossing, Houston, LGI Homes, San Antonio, Sunrise Meadow No Comments »

Interest rate drop 

* 5.25% Interest Rate

* 100% Financing

* No Money Down

 

This weekend only interest rates have been lowered to 5.25% at Canyon Crossing in San Antonio and Sunrise Meadow near Sugarland.  Purchase your new home this weekend with No Money Down and payments as low as $599 per month.  Don’t miss this opportunity to buy a new home with this great low interest rate and 100% financing.  For more information on this great interest rate visit us on the web at www.lgihomes.com

Remember this offer is only good through Sunday, November 15th.

Increase the Value of your New Home with Well-Maintained Landscaping: Part 3 – Plants

Categories: Home Maintenance, LGI Homes No Comments »

Turf and Groundcover

The landscape around your new LGI home plays an important-role in the overall beauty of your property, as well as helps to prevent erosion.  Well-maintained landscaping will help increase the value of your property.  Part three of our four part landscaping series discusses Plants.

The ground cover, turf, trees, and shrubs that were installed by LGI Homes when you purchased your new home were selected for their compatibility with each other, architectural, site and soil conditions.  They grow at varying rates depending on climate conditions, maintenance, and a host of other factors.  The important thing to keep in mind is that the landscaping is a dynamic, living system and proper care is critical for it to mature successfully.  When installing additional plants, it is important that the plants you choose are compatible with existing plants.  Read the rest of this entry »

Increase the Value of your New Home with Well-Maintained Landscaping: Part 2 – Hardscape

Categories: Home Maintenance, LGI Homes No Comments »

HardscapeThe landscape around your new LGI home plays an important-role in the overall beauty of your property, as well as helps to prevent erosion.  Well-maintained landscaping will help increase the value of your property.  Part two of our four part landscaping maintenance series discusses Hardscape.

The hardscape around your home may include walkways, patios, and other concrete surfaces.  If you add a patio or walkway as an improvement there are several very important things to remember:

Drainage. Provide a drainpipe or other means of drainage when patios or walks cross flow lines.  Do not allow water to collect against your house or behind walks or planters.

Underground Utilities. Confirm the location of underground utilities prior to the planning and excavation of any hardscape features.

Expansion Joints. Concrete surfaces such as driveways, sidewalks and patios should generally have expansion joints every 100 square feet or 10 feet in each direction.  There should also be an expansion joint between the edge of these surfaces and the face of the foundation of the house.  These joints are sometimes filled with 1” x 4” treated lumber that is set between the adjacent concrete.  The joints can also be formed with a variety of sealants and or expansion joint filler.

Slope. Always slope concrete away from house (2% slope: ¼ inch drop for every 12 inches of length to drain or swale.

Get Necessary Approvals. Obtain necessary approvals and permits from appropriate governmental agencies and your HOA’s Architectural Control Committee.   Read the rest of this entry »

How the New Homebuyers Tax Credit Works

Categories: Canyon Crossing, Creekside Village, Deer Creek, Fort Worth, Houston, LGI Homes, San Antonio, Sunrise Meadow 1 Comment »

tax_credit

The extension and expansion of the homebuyers tax credit that passed Congress November 5 allows more first-time buyers to qualify and creates an entirely new credit for existing homeowners who buy a new home.

The effective date was the date the President signed the bill, Friday November 6. It is not retroactive. However, first-time buyers who have been rushing the meet the November 30 deadline for the existing program need not worry. They can qualify under the new one. Existing homeowners who are also in the process of buying a home should consider delaying closing until December 1 or later to qualify for the credit.

Both credits expire next spring. Buyers must have a contract on a home before May 1, 2010 and they have until June 30, 2010 to close in order to qualify.  [Read this article]

Source: UPI

Increase the Value of your New Home with Well-Maintained Landscaping: Part 1 – Drainage & Grading

Categories: Home Maintenance, LGI Homes 2 Comments »

Water and Drainage

The landscape around your new LGI home plays an important-role in the overall beauty of your property, as well as helps to prevent erosion.  Well-maintained landscaping will help increase the value of your property.  Landscape maintenance is divided into four main categories: Drainage and Grading, Hardscape, Plants and Walls and Fencing.  Part one of our four part landscaping series discusses Drainage and Grading. 

Maintain proper drainage and grading to best protect your landscaping, home, and property from water damage.  Water is the #1 potential hazard to your home!  Be sure to keep the adjacent grad sloped away from your home to allow water to drain properly.

Your lot has been graded to facilitate drainage of water to the street or other approved drainage structures.  It is essential that you maintain proper grading and drainage to prevent pooling that could affect your foundation and slab.  

Preserve Drainage Design.  Landscaping or hardscaping additions that change slopes or grades can effect drainage.  Keep water moving away from your house.  Many communities are built so that water drains from yard to yard.  If you install landscaping or hardscaping (patios, walkways, or walls) that interfere with flow, you many create a significant problem and will be liable for damage.  Read the rest of this entry »