Buying with Eden Prairie Moves

Your best resource for buying Real Estate in Eden Prairie

Buying a Home

Buying a home is not just a dollars-and-cents investment; it’s an investment in your life. It will create a sense of stability and identity for you and your family. Regardless of how times change, owning a home remains the cornerstone of the American dream.
To assist you in the process, the team at Eden Prairie Moves has everything you need.  whether you’re a first-time buyer or need a brief buying refresher, let us help you through it all.

We Will

  • Solve your future housing needs
  • Recommend mortgage officers for pre-approval of new loan
  • Match your wants and needs with research and product knowledge of available homes within your financial range
  • Tour homes with you to clarify needs and wants
  • Preview homes to save you time and energy
  • Search via computer and agent contacts on a daily basis
  • SET UP CUSTOM SEARCH VIA EMAIL
  • Write and negotiate Purchase Agreements
  • Provide accurate comparable property information to ensure fair pricing
  • Inquire about your special wants and needs
  • Write contingencies that protect your interests
  • Negotiate hard on your behalf
  • Assist with the inspection process
  • Ensure that your interests are represented at all times

First-Time Home Buyer Tax Credit

Right now, an $8,000 tax credit is being offered by the government to enable aspiring homeowners to buy their first home.1
If you are eligible, the tax credit can help ease the financial transition from renting to owning. It can assist with buying furniture and home-décor; making home improvements – like remodeling, landscaping and painting; or paying down debt as you adjust to new monthly expenses. Homes purchased between January 1, 2009 and December 1, 2009 are eligible
The tax credit is part of the American Recovery and Reinvestment Act of 2009, signed into law on February 17, 2009, and enacted to help stabilize the housing market and strengthen our overall economy.

Are you eligible for the tax credit?

The tax credit is designated for first-time home buyers.2 A first-time home buyer is defined as a buyer who has not owned a home in the last three years.
The tax credit is equal to ten percent of the home purchase price, which is capped at $8,000. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. Single taxpayers with incomes between $75,000 and $95,000, and married couples with incomes between $150,000 and $170,000 qualify for partial credit.
All homes purchased between January 1, 2009 and December 1, 2009 including single-family, townhomes, or condominiums will qualify for the tax credit, provided that the home is used as the principal residence. This also includes new construction homes if occupied by December 1, 2009.
For further information about eligibility requirements and limitations, visit www.irs.gov

* This information is subject to change without notice.
1. Consult a tax advisor regarding your individual situation. This information is not intended to provide legal advice, tax advice, accounting services, or investment advice, nor should it be relied on for legal advice. Please seek the advice of your own legal counsel.
2. Not available for those who qualify for a similar tax credit in the District of Columbia, or for those who finance their home purchase under a mortgage revenue bond program.