Crestview, FL House For Sale 4 BR, 3BA, 2,575 Sq/Ft on .32 Acre Lot

This wonderful house is located south of I-10 and within 8 miles of Duke Field, 25 minutes of Eglin and 30 minutes of Hurlburt Field. House boasts many upgrades including hardwood floors, tile, newly installed carpet and crown molding. Kitchen is equipped with almond colored appliances, flat surface electric stove and Kitchen Island. Master bath includes corner tub, glass block windows, separate shower and double sink. Tiled and enclosed rear patio includes French doors opening into a back yard tropical paradise including a gazebo area. On the other side of the yard is a similar matching garden shed. Unwind after a hard days work by relaxing in your hot tub or watching the activity in the Koi fish pond. For more information on this house Click Here or contact Mike Leonard to assist you with home and real estate searches in the Crestview, Fort Walton Beach, Duke Field, Eglin AFB, Hurlburt AFB and surrounding areas.

First-time Homebuyer Tax Credit $7,500 with new updates

Update: 2008 vs. 2009

Download First-time Homebuyer Tax Credit form 5405

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The $7,500 Tax Credit may have just gotten better. Current Legislation H.R. 3221 Housing and Economic Recovery Act of 2008 allows for a $7,500 Tax Credit for the purchase of a primary house.

If President Obama signs the 2009 Economic Stimulus Package into law, next Tuesday (17 Feb 09), the Housing Tax Credit will increase from $7,500 to $8,000 and will not have to be repaid. This is a true Tax Credit. …more updates to follow when Stimulus Package is signed.

Highlights of the current Tax Credit are in table below:

FEATURE	H.R. 3221 Housing and Economic Recovery Act of 2008
Amount of Credit	Ten percent of the cost of home, not to exceed $7,500
Eligible Property	Any single-family residence (including condos, co-ops) that will be used as a primary residence
Refundable	Yes. Reduces income tax liability for the year of purchase. Claimed on tax return for that tax year.
Income Limit	Yes. Full amount of credit available for individuals with an adjusted gross income of no more than $75,000 ($150,000) on a joint return). Phases out above those caps ($95,000 and $170,000, respectively).
First-time Home buyers Only	Yes. Purchaser (and purchaser’s spouse) may not have owned a principal residence in 3 years previous to purchase.
Recapture	Yes. Portion (6.67 % of credit) $500 to be repaid each year for 15 years. If home sold before 15 years, then remainder of credit recaptured on sale.
Effective Date	Purchase on or after April 9, 2008
Termination	July 1, 2009

Please contact me for further information or questions.

Standby for updates to the homeowners tax credit.

Mike Leonard, (850) 902-5710 or mike.leonard@era-american.com or visit my website at http://www.era-mike.com

Baker, FL House For Sale 4BR, 2BA on 1 Acre Lot

This beautiful 4 bedroom, 2 bath house is located in Countrywood Estates, Baker, FL. The interior of house is made of all neutral colors. Kitchen is bright with white cabinets and is contrasted with black appliances. Living room and family room are separated by a dual sided wood burning fireplace. Master suite is accessed from the family room and includes a large master bedroom and master bath with jet tub and walk-in closet. Split bedroom floor plan hosts the other 3 bedrooms on the living room side of the house. Includes a large 2 car attached side loading garage. Back yard is currently wooded but could be cleared for that new in ground pool you’ve been waiting for. Countrywood Estates is a circular subdivision and all houses are built on 1 acre +/- lots. If you desire peace and quite over city congestion…this house if for you. Approximately 18 miles from Duke Field. For more information on this house (click here) or contact Mike Leonard to assist you with home and real estate searches in the Crestview, Fort Walton Beach and surrounding areas.

Eglin AFB Area REALTOR® Introduction

My name is Mike Leonard and I’m a REALTOR® with ERA American Realty of Northwest Florida, Inc. I service Eglin, Hurlburt Field (AFSOC), Duke Field and surrounding areas including: Baker, Crestview, Fort Walton Beach, Holt, Laurel Hill, Navarre, Niceville, and Shalimar.

Prior to becoming a REALTOR®, I served in the United States Air Force for over 27 years and 3 years as a defense contractor. My former career began in 1977 when I entered the AF through Basic Military Training School. I trained as an Armament Systems Specialist (Bomb Loader) and held several positions in the field at several locations until I retrained in 1994 as a Computer Systems Technician. Again, I held several positions as many locations both stateside and abroad until my career culminated in me becoming a Communications Superintendent at Langley AFB, VA, where I retired.

My wife and I relocated to Northwest Florida to be closer to our children and grand children. I was stationed on the Florida Emerald Coast for over 5 years and served at both Eglin AFB near Fort Walton Beach and Tyndall AFB near Panama City, Florida. Coincidentally my wife and I have children and grand children both at Panama City and Fort Walton Beach who we spend time with as often as possible.

I enjoy being a REALTOR® because I love helping people. Whether you list a house with me or are in the market to buy a house I assure you I will diligently work with you until you are satisfied. Please visit my website at: dukehurlburteglin-homesales.com