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Sunday Sept. 13th    @Tampa Bay (FOX)        Noon

Sunday Sept. 20th    NY Giants      (NBC)        7:15pm

Monday Sept. 28th    Carolina        (ESPN)      7:30pm

Sunday Oct.    4th    @Denver        (FOX)       3:15pm

Sunday Oct.   11th   @Kansas City (FOX)        Noon

Sunday Oct.   18th    BYE

Sunday Oct.   25th    Atlanta        (FOX)        3:15pm

Sunday Nov.   1st      Seattle        (FOX)        Noon

Sunday Nov.   8th     @Philadelphia (NBC)        7:15pm

Sunday Nov.   15th   @Green Bay   (FOX)       3:15pm

Sunday Nov.    22nd  Washington   (FOX)        Noon

Thurs.  Nov.    26th    Oakland        (CBS)        3:15pm

Sunday Dec.    6th     @NY Giants   (FOX)        3:15pm

Sunday Dec.    13th    San Diego    (CBS)        3:15pm

Sat.     Dec.    19th     @New Orleans(NFLN)     7:15pm

Sunday Dec.    27th    @Washington (NBC)       7:15pm

Sunday Jan.     3rd      Philadelphia    (FOX)        Noon

2009 TEXAS FOOTBALL

Sept.    5th    UT vs. Louisiana-Monroe          Home

Sept.    12th  UT vs. Wyomiming                     Away

Sept.    19th  UT vs. Texas Tech                     Home      7pm

Sept.    26th  UT vs. UTEP                                HOME      2:30

Oct.     10th   UT vs. Colorado                         Home     

Oct.      17th  UT vs. Oklahoma                       Dallas        11      

Oct.     24th   UT vs. Missouri                          Away

Oct.     31st  UT vs. Oklahoma State              Away

Nov.     7th   UT vs. Central Florida                Home

Nov.    14th  UT vs. Baylor                              Away

Nov.    21st  UT vs. Kansas                             Home

Nov.    26th  UT vs. Texas A&M                     Away        7pm

Dec.    12      BIG 12 Championship  @Dallas Cowboys Stadium

Do you understand the First Time Homebuyer Credit?

At a Glance:

• The tax credit if for first time home buyers only.
• The tax credit does not have to be repaid.
• The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000.
• The Credit is available for homes purchased on or after January 1, 2009 and before  December 1, 2009.

Here are some answers to frequently asked questions:

If I've owned a home before, does that mean that I am not eligible for the the first time home buyer tax credit?

As long as it has been three years since you have owned a home, you are considered a first-time home buyer.  For Married taxpayers, the law tests the home ownership history of both the home buyer and his/her spouse.

Do I really get up to $8,000, or is it just a tax deduction?

It really is up to $8,000 - cash in your pocket!  You get the money when you file your tax return.  The home buyer credit can be claimed even if the taxpayer has little or no federal income tax liability to offset.  Typically this involves the government sending the taxpayer a check for a portion or even all of the amount of the refundable tax credit.

How is this home buyer tax credit different from the tax credit that Congress enacted in July of 2008?

The most significant difference is that this tax credit does not have to be repaid.  Because it had to be repaid, the previous "credit" was essentially an interest free loan.  This tax incentive is a true tax credit.  However, home buyers must use the residence as a principal residence for at least three years or face recapture of the tax credit amount. Certain exceptions apply.

I've been thinking about buying, how much time do I have?

The Program ends November 30th.  Now is the time to buy!

How do I claim the tax credit?

Participating in the tax credit program is easy.  You claim the tax credit on your federal income tax return.  No other applications or forms are required, and no pre-approval is necessary.

Who is Eligible to claim the tax credit?

First time home buyers purchasing any kind of home new or resale are eligible for the tax credit.  To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. for the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the home owner.

What types of homes will qualify for the tax credit?

Any home that will be used as a principal residence will qualify for the credit.  This includes single-family detached homes, attached homes like townhouses and condominiums, manufactured homes/mobile homes) and houseboats.

Are there any income limits for claiming the tax credit?

Yes.  The income limit for a single taxpayers is $75,000; the limit is $150,000 for married taxpayers filing a joint return.  The tax credit amount is reduced for buyers with a modified adjusted gross income (MAGI) of more than $75,000 for single tax payers and $150,000 for married taxpayers filing a joint return.  The tax credit amount is reduced to zero for taxpayers with MAGI of more than $95,000 (single) or $170,000 (married) and is reduced proportionally for taxpayers with MAGIs between these amounts.

If you hire a contractor to construct a home on a lot that you already own does it still qualify for the tax credit?

Yes.  For the purposes of the home buyer tax credit, a principal residence that is constructed by the home owner is treated by the tax code as having been "purchases" on the date the owner first occupies the house.  In this situation, the date of first occupancy must be on or after Jan.1, 2009 and before Dec.1, 2009.

With up to $8,000 in tax credit, today's low interest rates and the best prices in years................ it may be the best time ever to buy a home.

Remember............

Buying or Selling a Home?

I Want to Help!!!

Heather Brown

RE/MAX Austin Skyline

512-751-2931

www.HeatherBrown.com

According to the Austin American Statesman, local group 69 Grandview LP has announced plans for a 69 acre, $70 Million retail development at RM 620 and Wilson Park Ave.  It will be the region's first major retail project in nearly three years.

The Trails at 620 will consist of 300,000 square feet, filled with local retailers and restaurants, as well as a movie theater, hotel and specialty grocery store.

Other pieces of the acreage will be used for playscapes, ponds and two miles of trails.

A large greenbelt runs across the rear of the property, which backs up to the Balcones Canyonlands Preserve.

Utilities, zoning and an environmental permit from the U.S. Fish and Wildlife Service are in place, making the parcel ready to build on.

The developers will break ground by June 2010, pending city approval, with expectations for a summer 2011 opening.

Remember............

Buying or Selling a Home?

I Want to Help!!!

Heather Brown

RE/MAX Austin Skyline

512-751-2931

www.HeatherBrown.com