Downtown Des Plaines Stone Gate Condos

October 23, 2009

stonegatecondosProcrastinators beware, your window to purchase a new condo in this Chicago real estate market and take advantage of Uncle Sam’s tax credit is all but closed.  Only if you can close between now and November 30th, a mere 5 weeks away, can you use the $8,000 tax credit for first-time home buyers.

Here’s a great option for those waiting until the very last second: Stone Gate Condominiums of Des Plaines.   Purchasing with cash maybe your best bet now unless you have a great mortgage broker but even if you’re not a first-time buyer, the time couldn’t be better to get into the market.  Stone Gate condos is a community of 264 luxury condos near downtown Des Plaines, perfect for downtown Chicago commuters via the nearby Metra station.

“Just think—You can be settled in to your new condominium before the New Year, provided you act fast,” said Mary Wright sales agent for Stone Gate Condominiums and broker with Century 21 Elm Realtors in Park Ridge. “How great is that?”

Wright noted that any buyer who has not owned a home during the past three years and who is a taxpaying U.S. citizen is eligible for the $8,000 tax credit, which can be claimed on either a 2008 or 2009 tax return. The credit does not have to be repaid—provided the home remains your primary residence for 36 months after the purchase date (for more details and provisions, visit www.federalhousingtaxcredit.com).

Many condos are ready for immediate move-in at Stone Gate Condos.  Built by Newport Builders, they are currently offering one of two special incentives to buyers who can squeak in before the deadline: 6 months of paid assessments or a $1,000 Best Buy gift card.

To reach the sales center and view the decorated models on display, exit northbound I-294 at Dempster, and head west about 1.5 miles (turns into Miner Street/Northwest Highway). Turn right at Western Avenue to the sales center. Hours are from 10 a.m. to 4 p.m. Mondays through Saturdays and noon to 4 p.m. Sundays, or by private appointment for your convenience. For more information, call (847) 699-9606 or visit Newport Builders.

About The Author

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Lynn Walsh is the President at Walsh Communications, LLC. Walsh Communications is a full-service public relations, marketing and advertising agency for home builders and real estate-related industries.

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