Miedema Realty, Inc

45 Days Left for the Homebuyer Tax Credit

The Home Buyer Tax Credit allows for two types of tax credits:

1.      It allows up to an $8,000 tax credit for first time home buyers.

2.      It allows a $6,500 tax credit for homebuyers who have owned and occupied a primary residence for a period of five consecutive years.

To take advantage of the credit, a purchase agreement must be signed by April 30, 2010 and the closing documents signed by June 30, 2010.  If you have additional questions, please call, 616-538-4800. 

Rate Update

30 yr = 5.125% w/ or w/o escrow

15 yr= 4.500% with escrow 

FHA = 5.125%

                *certain restrictions apply and rates are not APR

Days to Remember:  First Day of Spring-March 20

Palm Sunday-March 28

Did You Know?....March is National Caffeine Awareness Month.  Approximately 80 percent of the world's population consumes caffeine on a daily basis

INTERESTING FACTS ABOUT MICHIGAN

(continued from last e-news)

With all of the negativity around us, let's stay positive.  Here are some interesting fact  about our beautiful and interesting state-Michigan !!

-In 1817, the University of Michigan was the first university established by any of the states.  It was founded by priests.  Originally named Cathelepistemian and located in Detroit .  The name was changed in 1821.  The university moved to Ann Arbor in 1841.

-Michigan State University has the largest single campus student body of any Michigan university.  It is the largest institution of higher learning in the state and one of the largest universities in the country.  Michigan State University was founded in 1855.

-The Mackinac Bridge is one of the longest suspension bridges in the world connecting the upper and lower peninsulas of Michigan.   It spans five miles and was opened to traffic in 1957. 

 -Vernor's ginger ale was created in Detroit and became the first soda pop made in the United States .

-Michigan has the longest freshwater shoreline in the world.  Michigan has more shoreline than any other state except Alaska .

-Michigan has more than 11,000 inland lakes and more than 36,000 miles of streams.

Michigan has 116 lighthouses and navigational lights.
 -Standing anywhere in the state a person is within 85 miles of one of the Great Lakes.  

-Michigan includes 56,954 square miles of land area, 1,194 square miles of Inland waters, and 38,575 square miles of Great Lakes water area.