MSN has named Wake Forest one of the top-10 fastest growing cities, citing proximity to Raleigh and Durham, excellent quality of life including great schools, proximity to wonderful health-care, ethnic diversity, and large number of children!
http://realestate.msn.com/slideshow.aspx?cp-documentid=23390534&ocid=twmsnre#7
There’s been alot of confusion about under what conditions repeat buyers qualify for the $6,500 Tax Credit. For a buyer to be eligible for the $6,500 “repeat buyer tax credit”, it is not necessary that they are selling a house and does not matter that the house they might sell now, in order to buy, is not the house that they lived in for 5 continuous years out of the past 8 years! Regardless of whether the buyer is currently renting, going to keep their current residence as an investment/rental property OR even if they have recently purchased the house they need to sell, but previously owned another principal residence continuously for 5 of the past 8 years, they qualify for the credit.
I know this is a bit confusing, please call me with your questions - Tina
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