Check out the Netter Real Estate December Video Newsletter for Great Information About Buying Foreclosures, Repairing Your Credit, Electrical Safety or Paint Decorating.

Click Here to See the Full Webpage

Please, join us for our ANNUAL HOUSE LIGHTING AND PICTURES WITH SANTA!!!

Bring Kids, Grandkids and the Rest of the Family!!!

Friday, December 4^th 5-7pm

at

Netter Real Estate

404 Montauk Highway

West Islip, NY 11795

Contact Netter Real Estate for Details

(631) 661-5100

info@netterrealestate.com

Please, join us for our ANNUAL HOUSE LIGHTING AND PICTURES WITH SANTA!!!

Bring Kids, Grandkids and the Rest of the Family!!!

Friday, December 4^th 5-7pm

at

Netter Real Estate

404 Montauk Highway

West Islip, NY 11795

Contact Netter Real Estate for Details

(631) 661-5100

info@netterrealestate.com

Carrot Cake

2 cups granulated sugar

1 cup vegetable oil

2 cups all purpose flour 

2 teaspoons cinnamon

2 teaspoons baking soda

2 teaspoons double acting baking p0wder

1 teaspoons salt

4 unbeaten eggs

2 cups shredded carrots

1 cup chopped walnuts

Preheat oven to 350.

Mix sugar and oil, then beat with elec mixer in a large bowl until light.  Sift together dry ingredients:  flour, cinnamon, baking soda, baking powder and salt.  Add alternating with eggs to the oil mixture, beating well after each addition.

With wooden spoon or rubber scraper, stir in carrots and nuts. In a greased 9 inch tube bundt pan, bake at 350 for about 1 hour, or until cake tests done. 

Icing:  Mix 1/8 lb. of butter (1/2 stick), 3 oz. package cream cheese, 2 cups of confectioners sugar and 1 teaspoon vanilla extract. Spread on cooled cake.

Compliments of Irene Lockel

Netter Real Estate

(631) 661-5100

ILockel@NetterRealEstate.com

Netter Real Estate would like to announce that the First Time Home Buyer Tax Credit has been extended until April 2010 and it has expanded to include home owners in their homes 5 years or more who are looking to relocate!

Click here for more information on the credit.

Call Netter Real Estate for details. (631) 661-5100

Please, join us for our ANNUAL HOUSE LIGHTING AND PICTURES WITH SANTA!!!

Bring Kids, Grandkids and the Rest of the Family!!!

Friday, December 4^th 5-7pm

at

Netter Real Estate

404 Montauk Highway

West Islip, NY 11795

Contact Netter Real Estate for Details

(631) 661-5100

info@netterrealestate.com

As reported in the Sunday Wall Street Journal

Don’t worry if you missed out on the “Cash For Clunkers” program!

Be on the watch for the upcoming federal government program for energy efficient appliances.  The Department of Energy is rolling out a $300 million “Cash for Refrigerators”, a rebate program hoping to spur Americans into purchasing energy efficient appliances in the upcoming months.

Unlike “Cash For Clunkers”, this program does not require the buyer to trade in their old appliance.  Customers will receive a rebate on the purchase of a qualifying appliance regardless of what happens to the old one.   Many stores will take your old appliance and some states participate in recycle programs as well.  Each state determines the guidelines and criteria for eligible purchases and is required to submit their detailed plans the week of October 12^th 2009.  These rebates should be available to customers by the end of the year or the beginning of 2010. 

To obtain more information, visit your state website office.

Article provided compliments of Irene Lockel, Netter Real Estate

(631) 661-5100

Tax Credits For Home Projects

As reported in the Wall Street Journal, the federal government is offering financial incentives in the form of tax credits.  These credits can be claimed on a homeowner’s 2009-2010 income tax returns in the year the improvements were made.  With a tax credit, the amount is deducted from any taxes you may owe to the federal government. 

Also, the credit is nonrefundable, meaning it allows taxpayers to lower their tax liability to zero, but not below zero, according to the IRS. 

These are a few of the tax credits being offered:

Upgrade your insulation, windows, doors roofing, heating & air conditioning and qualify for up to 30% of the purchase price of the product – up to a $1,500 maximum credit.  We’ve all seen the ads in the newspapers, save your receipts and use the tax credit.  To qualify, you must place those purchases between January 1^st 2009-December 31^st, 2010.

Only improvements made to your principal residence qualify.  For more details visit The Environmental Protection Agency’s Energy Star program website at www.energystar.gov/taxcredits.  

It should be noted that credits for these improvements are available through 2016, but you must claim them for the tax year in which you made the purchase.

Installation of these products is not always included under the federal tax credit.  For example, installation costs for heating and cooling systems and some other higher-cost improvements qualify according to the Energy Star site but installation of windows, insulation doors and roofs does not qualify.

If you are building a home, the tax credit rules are different.  You may qualify for some of the upgrades including go-thermal pumps, solar panels, small wind-energy systems and fuels cells, but you will not get a tax credit for the purchase of windows, door, insulation or roof. 

Be sure to obtain the Manufacturer Certification Statement, a signed statement from the manufacturer that indicates the produce qualifies for the tax credit.

As reported in Wall Street Journal, there are many ways a homeowner can save green.  It just takes a bit of effort. 

Your Home:  If you have installed a programmable thermostat, you may be able to safe up to $180 dollars a year.  Now that fall is here, be sure to make an appointment for your annual heating and cooling systems to be evaluated and checked.  A typical service visit runs under $100.  Also be sure to replace filters for your systems every 90 days.  Don’t forget the windows.  Be sure they are properly sealed and caulked, especially all of the doors, walls and the attic access.  This can save up to 20% annually on heating and cooling costs.  For more tips be sure to visit www.energystar.gov/taxcredits.

Your Food:  Planting your own garden is a great way to save on produce costs.  What about an herb garden in a sunny location?  Locally fresh grown tomatoes can cost $5 a pound, while a package of tomato seeds is less than a few dollars.   Switch to dried foods that can be purchased in bulk rather than canned ones.  Dried goods can be stored for a longer period of time.    Composting is a great way to cut down on garbage collection bills.  Start your own pile or bin.    For more information check at epa.gov or localharves.org.

Your Finances:  E-mail is a great way to cut down on the amount of paper that comes through the mail.  Use e-mail whenever possible.  Time Warner gives cable customers in select markets that use paperless billing a $1 credit each month, while Vanguard waives the $20 annual service fee for account holders who receive all of the materials online.  As reported in the Wall Street Journal.  You can also reduce the number of checks you write each month, by paying your statements online. 

Recycle, Reuse & Donate:  There are several online networks to recycle, sell or donate unwanted household items like Craigslist.com  or FreeCycle.org.  You can purchase anything from dining-room-sets to juicers.  Additionally, don’t forget about all the organizations that will take your unwanted clothing or household items.  Non-profit organizations will come to your home and pick these items up and you can get a tax deduction.