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Greenbrier Valley Real Estate Blog
Thursday, October 30 2008

By Robert Freedman Robert Freedman is a senior editor of REALTOR® magazine. He can be contacted at  

1. Buyers have until July 2009 to make a purchase that qualifies.

The tax credit was passed in July of this year as part of the Housing and Economic Recovery Act (H.R. 3221). It’s worth up to $7,500 and can be taken in a single tax year. Authorization for the credit ends July 1, 2009, so if your customers wait to buy in the first half of 2009 they can take the credit on their 2009 tax return. Taxpayers can take the credit on their 2008 tax return if they bought their house this year after April 9.

2. Buyers don't really have to be "first-timers."

The tax credit is actually available to any individual or household that hasn’t owned a home for at least three years. And the NATIONAL ASSOCIATION OF REALTORS® has asked Congress to expand the credit to all buyers, not just those who haven't owned a primary residence in recent years.

3. Even if buyers exceed the income limit, they can benefit from the credit.

The actual credit amount is set as a percentage of the home purchase amount. That percentage amount is 10 percent, so your customers can get 10 percent of the home price credited against their tax liability, up to a maximum $7,500. Sounds like a great deal. But what if your clients make more money than the income limit of $75,000 for individuals and $150,000 for households? Good news: Individuals whose income exceeds the $75,000 limit but don't make more than $95,000 can still take the credit but on a reduced basis. The same thing applies to households earning up to $170,000. By the way, any house is eligible as long as it’s a primary residence and is in the United States.

4. Think of it as an interest-free loan.

The federal government requires the tax credit to be paid back in small, 6.67-percent increments over 15 years, although repayment will be no more than $500 yearly and payments will not start until 2011. For that reason, some analysts have likened the credit to a 15-year, interest-free loan to help make home buying affordable. NAR is pushing congress to remove the repayment provision, making this tax credit a true tax credit rather than an interest-free loan.

5. You don't have to be authorized before making a home purchase.

There is no pre-purchase authorization, application, or other approval process. Eligible buyers simply have to claim the credit on their IRS Form 1040 tax return and/or any form that the IRS might devise.

6. New-home construction qualifies.

For a home that a buyer constructs, the purchase date is the first date the buyer occupies the home. However, any home that is not a primary residence, such as a vacation home or income property, does not qualify.

Posted by: Greg Allman AT 07:40 am   |  Permalink   |  0 Comments  |  Email
Monday, October 27 2008

Norma Feury

Norma Feury is a resident of White Sulphur Springs and has owned and operated a Bookkeeping and Tax Service for the past 25 years. Norma has 8 years of professional real estate experience and previously owned and operated Checkerboard Realty.

Norma is one of the founding members of the White Sulphur Springs Civic Center, active with the revitalization of downtown White Sulphur Springs and the Main Street organization. Norma serves on the Anthony Correctional Center Citizens Advisory Board and their Education Advisory Board. Norma is a member of the Greenbrier Valley Board of REALTORS® and the Greater Greenbrier Chamber of Commerce. She has also earned the Graduate, REALTOR® Institute (GRI) designation.*

Norma enjoys spending time with her family and friends, especially her grandchildren and nieces and nephews. Norma looks forward to providing professional real estate service to all of her previous clients and looks forward to the opportunity to help new clients that are looking to buy or sell real estate.

You can contact Norma at or 304.536.3474.  

*GRI (Graduate, REALTOR® Institute) – GRI is a nationally professional real estate designation. This designation may only be earned after successfully completing a rigorous educational program that includes 92 hours of live course instruction from a statewide faculty selected because of extensive experience in their own areas of expertise. This designation is available only to members of the local, state and National Association of REALTORS®.

Posted by: Greg Allman Group AT 09:56 am   |  Permalink   |  0 Comments  |  Email
Tuesday, October 21 2008

Alisha Patterson, REALTOR

Alisha Patterson, REALTOR® of Greenbrier Real Estate Service has successfully completed the REALTOR e-PRO course to become one of a select few real estate professionals to earn the prestigious certification offered through the National Association of REALTORS®.

The REALTOR® e-PRO certification course is an educational program unlike any other professional certification or designation course available, comprehensive and interactive. It is specifically designed to provide real estate professionals with the technology tools needed to assist consumers in the purchase or sale of a home.

With more than 70% of consumers beginning their real estate research on the Internet, e-PRO certified agents have the experience and expertise to meet the demands of today’s buyer and seller.

“The real estate industry has undergone a fundamental change over the past several years,” said Alisha Patterson, REALTOR® of Greenbrier Real Estate Services. “A majority of consumers are taking the time to conduct their own research prior to contacting an agent. In turn, real estate professionals must be knowledgeable of how technology can assist them in serving the needs of the buying and selling public.”

The exclusive REALTOR® e-PRO certification course is presented entirely online and certifies real estate agents and brokers as Internet professionals. Because of its innovative design, students are able to complete the course at their own pace, when and where they want, via any Internet connection. The course is designed to help REALTORS® stay at the leading edge of technology and identify, evaluate and implement new Internet business models.

Once completed, the e-PRO certified real estate professional joins the ranks of a special community of highly skilled and continuously trained professionals who provide high quality and innovative online-based real estate services. Consumers can identify the e-PRO through the exclusive e-PRO Internet Professional logo.

Both the content and the delivery platform were created by San Diego-based technology company InternetCrusade®. The course instructs participants in the professional use of e-mail, the development of an interactive Web site, and the use of online research tools. Graduates use the skills they've acquired to provide clients information on properties for sale, local communities, and the local real estate market.

For more information, email Alisha at or call (304)667-4111.

Posted by: Greg Allman Group AT 07:47 am   |  Permalink   |  0 Comments  |  Email
Wednesday, October 15 2008
Arin Donahue, REALTOR

Greenbrier Real Estate Service in Lewisburg welcomes Arin Donahue, REALTOR®. Arin is a New York native who moved to the Greenbrier Valley in 2007. As part owner of a development company in New York, Arin is no stranger to real estate. She specialized in property management which included 16 apartment units in four apartment complexes. She also owned a 9-hole Golf Course and had a 12-year professional career in management of a wholesale supplier to the second largest Supermarket in all of New York.

Arin’s success in business is a direct result of her values, professionalism, integrity and focus.

Arin enjoys the outdoors, golfing, hiking, being with her horses and dogs, and the relaxed country living of West Virginia. Arin resides in the Lewisburg area with her fiancé Steve Baldwin.

Gregory Allman, Broker of Greenbrier Real Estate Service, said he is delighted to have Arin join Greenbrier Real Estate Service. "Her ambition and enthusiasm will be a great asset to our clients and customers."

Arin can assist you with all of your real estate needs. To contact Arin call: 304.645.2255 office or direct 304.667.7057. Greenbrier Real Estate Service is located at 107 North Court Street in Lewisburg.

Posted by: Greg Allman Group AT 07:42 am   |  Permalink   |  0 Comments  |  Email
Monday, October 06 2008

Greg Allman
Greg Allman

Arthur Bartenslager
Arthur Bartenslager

Wellington and Hilda Johnson
Wellington and Hilda Johnson

Alisha Patterson
Alisha Patterson

The three homes open in Maxwelton on Willow Bend Lane were hosted by Greg, Arthur and Alisha with Greenbrier Real Estate Services. The weather was beautiful and we had many attend to view the new homes. The winner of the $200.00 Gas Card drawing is Bob Zopp of Lewisburg. Thanks to everyone who attended and registered for the Give Away.

Posted by: Greg Allman AT 08:43 am   |  Permalink   |  0 Comments  |  Email
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    Greg E. Allman
    Greg Allman Group
    Greenbrier Real Estate Service
    1047 Washington St. East
    Lewisburg, West Virginia 24901
    Office: (304) 645-2255
    Direct Dial: (304) 646-1500



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