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TAX REBATE CHANGES DATED 11-09-09
$8,000 First-time Home Buyer Tax Credit Major Points:

  • The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
  • 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 tax credit applies only to homes priced at $800,000 or less.
  • The tax credit now applies to sales occurring on or after January 1, 2009 and or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
  • For homes purchased on or after January 1, 2009 and on or before November 6, 2009, the income limits are $75,000 for single taxpayers and $150,000 for married couples filing jointly.
  • For homes purchased after November 6, 2009 and on or before April 30, 2010, single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

The $6,500 Move-Up / Repeat Home Buyer Tax Credit Major Points:

  • To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
  • 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 $6,500.
  • The tax credit applies only to homes priced at $800,000 or less.
  • The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by May 1, 2010, the home purchase qualifies provided it is completed prior to July 1, 2010.
  • Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

ASUMH dedicates amphitheatre JOANNE BRATTON • BULLETIN STAFF WRITER • SEPTEMBER 22, 2009 The amphitheatre, which was built with a $250,000 donation from First Security Bank, is on the east side of the Vada Sheid Community Development Center and next to the building’s two-story glass rotunda. University officials envision the 120-seat outdoor structure will be used by the school for outdoor classrooms and poetry competitions, as well as by the community for weddings, receptions and other activities. “I see it being used a lot,” said Dr. Ed Coulter, ASUMH chancellor. “The students are excited about it.” Coulter thanked those attending from First Security Bank for the donation. Larry Nelson, who retired in June as First Security Bank’s president and chief executive officer, told the crowd that the bank was honored by the opportunity to name the amphitheatre. Meanwhile, construction continues on the $20 million Vada Sheid Community Development Center, which will feature an 800-seat auditorium with expansion by about 800 additional seats, two glass-walled conference rooms, the Norma Wood Library, the Dale Bumpers Great Hall & Art Gallery, a business development center and a trout resource and education center. The 65,000-square-foot building will offer space for conventions, trade shows, business seminars and civic meetings, as well as concerts, recitals and theater productions. ASUMH soon will begin the second phase of construction, which includes the auditorium, great hall and two glass conference rooms, said Carol Gresham, ASUMH vice chancellor for development. The phase is expected to be complete by late spring and university officials hope to have the Arkansas Symphony Orchestra present when the building is dedicated, she said. ASUMH also is in the middle of an annual drive to raise funds for the new building. The university is selling the naming of auditorium chairs in an effort to reach its fundraising goal of $325,000. Additional funds that are raised will go toward the auditorium’s curtain, lighting and sound, university officials have said.

Michael Jackson’s Ferris wheel spins into new life By JON GAMBRELL (AP) – 1 day ago MOUNTAIN HOME, Ark. — From the top of the Ferris wheel, one could once see acres of Michael Jackson’s Neverland Ranch, the ride’s 5,000 lights aglow in a carnival-like frenzy fit for a performer who never quite grew up. At the bottom of the wheel rest allegations of child sex abuse, bankruptcy and ultimately a drug-induced death for the 50-year-old King of Pop. A liquidation sale scattered many of Jackson’s rides from his ranch in the oak-studded hills 120 miles northwest of Los Angeles. Now the Ferris wheel that offered glimpses of Jackson’s incredible wealth is quietly touring the Midwest in the hands of a Missouri amusement company that bought it only because it needed another one for its stable of rides. “We ourselves really didn’t advertise it,” said Theresa Noerper, co-owner of Archway Amusements Corp. “When he died, it kind of blew up. There’s no keeping secrets then.” The ride offers no reference of Jackson to casual passers-by; a metal stamp shows it was made by the Eli Bridge Co. of Jacksonville, Ill. However, metal molding around the seats remains a very specific color, supposedly specified by Jackson when he ordered it from the manufacturer — pinot noir red. Archway Amusements doesn’t go out of its way to publicize the Ferris wheel’s ties to Jackson; it leaves it up to local fair organizers to decide whether to make them known. But word of mouth has gotten to some hardcore Jackson fans. Jackson reportedly purchased the Ferris wheel for $215,000 in 1990 and took the first ride on it when workers installed it at Neverland. It stayed there as Jackson was accused of molesting a 13-year-old cancer survivor at the ranch in 2003. He was acquitted two years later, but the scandal drove him from Neverland forever. Over the next four years, the property fell into disrepair, and at one point it was weeks from being sold at a public auction. Noerper said Archway Amusements bought the 65-foot-tall Ferris wheel last year. The company repainted its supporting arms green and began taking it on the company’s seasonal fair and carnival circuit. Then Jackson died June 25, raising concerns among local police that the ride might be mobbed by mourners. That didn’t happen. “They come to take pictures, a couple tears and everybody likes to ride it,” Noerper said. The Ferris wheel made an appearance last week at the annual Baxter County Fair. It will move on to the Northeast Arkansas District Fair in Jonesboro this week, competing against stomach-churning rides like Pharaoh’s Revenge, the Sizzler and the Hot Shot. Alaina Dyce, 13, of Mountain Home, said she looked forward to the spinning “squirrel cages” rather than the staid Ferris wheel. Michael Jackson’s name didn’t add much for the Led Zeppelin T-shirted teen. Still, something draws riders to the wheel, making them willing to hand over three tickets worth $4.50. “They’re not big moneymakers anymore, because they’re so slow and you have to load them,” Noerper said of Ferris wheels. “It’s more of a nostalgia piece than anything.”

SEPTEMBER 11TH – ONE SURVIVORS STORY 

After 9/11, New York couple leaves the big city behind, finding ‘God’s country’ here in Mountain Home.
Frank Zortman, 45, of rural Baxter County looks over a commemorative 911 book while talking about his memories of the event. Zortman was working in the Deutsche Bank building right next to the World Trade Center on that fateful day. The photograph of his family was the only thing salvaged from his office.

JOANNE BRATTON
Bulletin Staff Writer

As Frank Zortman was getting ready for a business presentation, he noticed a shadow darken the window of his 38th floor office.

He stopped for a second — shadows never passed by the Deutsche Bank building in New York City— and shrugged his shoulders. Then he heard an explosion and the ground rumbled beneath his feet.

   

It was American Airlines Flight 11 crashing into the North Tower of the World Trade Center.

Zortman, who now owns the Mockingbird Bay Resort outside Mountain Home with his wife, Loretta, never will forget what it was like to be next to the World Trade Center that day. As an executive with Deutsche Bank, he spent long hours in the city and business often took him around the world.

That morning changed his life.

After the explosion, he saw shrapnel and debris fly past his window and he immediately thought a helicopter crashed into his building, he said. When the second plane, United Airlines Flight 175, crashed into the South Tower of the World Trade Center, an evacuation was called in the Deutsche Bank building. People had started to evacuate earlier but went back to their offices because their building was not hit, he said.

Instead of evacuating, Zortman had a quick conference call to determine what would be done for disaster recovery. No one dreamt they were in such danger.

As he finally began to walk down the stairs, Zortman helped an older, physically challenged friend named Guy. Three floors down, Zortman thought he should run back upstairs to change into athletic shoes but Guy was wheezing and did not look well, so Zortman dismissed the thought.

It could have saved his life, according to a letter written to family members by Zortman’s wife, Loretta, soon after the occurrence. If he had gone back upstairs, he and Guy both could have been next to the World Trade Center when the towers collapsed.

At the 19th floor of their descent, Zortman and his friend tried the elevator and found it worked, much to their surprise. They quickly descended and what they saw was horrifying.

“There were bloody body parts on the road — it looked like a war zone,” said Zortman. He felt like he was back in the Marines. Cars were on fire and blood was everywhere, he remembered.

As soon as they walked about three blocks away, the South Tower collapsed and a black cloud began rolling toward them. Zortman could not find his friend as the air turned black and he quickly took shelter in the lobby of a nearby building. There, he called his wife on his cell phone and told her he was “OK, that the building had collapsed, that there was blood and guts everywhere and that this was so very, very bad.”

She had just arrived to their Middletown, New Jersey home from shopping and did not know what was taking place. She turned on the TV and found static on the six channels that transmitted off the World Trade Center. One Philadelphia channel came through and she saw the horrific scene. She did not know where her husband was in the mayhem, she said.

After about 15 minutes, Zortman tied his shirt over his mouth and nose to protect his lungs. Miraculously, he was again united with Guy and Zortman helped tie a shirt over his face, as well. They both made their way to the Hudson River, where a ferry was loading women and children. As a second dark cloud moved overhead, the two jumped on a loading dock platform to get below the debris.

The pair received a ride on a police boat and began walking toward Guy’s car, which was parked on the New Jersey side of the river. As Guy began struggling to walk, a police officer driving by gave them another ride.

Later that day, the two arrived home.

When Loretta Zortman went to pick up her two daughters from school, many people asked about her husband. In their school district, about 86 children had lost a parent, she remembered.

People rallied around each other for months, for years, giving love and support, the couple recalled. But those gestures of comfort did not bring their loved ones back home.

Today, walking outside on their balcony, the Zortmans can see the curving tree line and the calm waters of Lake Norfork surrounding the Mockingbird Bay Resort.

The two moved to Mountain Home three years ago, after Deutsche Bank laid off Zortman during a 10,000-employee reduction. They had always wanted their own business and had thought of having a bed and breakfast. After searching and visiting different sites, they discovered Mockingbird Bay Resort and decided this would be their new home. Soon, family members followed them to the area.

“This is God’s country,” said Frank Zortman, surrounded by the lake, trees and cabins. “It is so awesome to be here.”

Even so, Zortman said he will never forget the images that day. Just the mention of Sept. 11 brings back what he saw and experienced, he said.

He was not the only one affected. For about two years, his two daughters, Lianna and Valory, stayed home on Sept. 11 for a “Thank God Daddy’s Alive Day,” his wife said.

“Nine-eleven shifted our priorities and we realize more than ever the importance of family and enjoying life,” she said. “We are grateful for every beautiful sunrise we watch come up over the lake, and pinch ourselves to see if this new life is real.”

Archway Amusements to bring Ferris wheel from Neverland Ranch to Baxter County Fair                   JANET NELSON • Bulletin Staff Writer • September 11, 2009

When Archway Amusements of Imperial, Mo., learned that the Ferris wheel from Michael Jackson’s Neverland Ranch was for sale, they bought it … and now it’s coming to the Baxter County Fair, said Theresa Noeper, spokeswoman for Archway Amusements.

That was about a year ago, before the pop music star’s death on June 25 this year. Jackson’s death was ruled a homicide Aug. 28 by the Los Angeles County Coroner.

Paula Bailey, fair manager, said Archway Amusements has provided the rides for Baxter County’s fair for the past 25 years “at least.”

Archway had been looking for a Ferris wheel for eight or nine years. Noeper said, “A friend of ours called and said the Neverland Ferris wheel was for sale.” Noeper said it did not matter to Archway whose Ferris wheel it was.

The Ferris wheel was the centerpiece of the Neverland Ranch amusement park in Santa Barbara County, Calif., until Jackson was forced to sell it to pay down millions in debt.  Archway purchased it last September, worked on it through the winter, and got it ready for this year. “It is quite the talking piece,” Noeper observed.

The Ferris wheel was custom built in 1990 by the Eli Bridge Company of Jacksonville, Ill. According to the Jacksonville Courier Journal newspaper, its purchase price was a reported $215,000 and it contained more lights than any other ride the Eli Bridge company had ever done. When it was moved to Neverland Ranch, Michael Jackson took the very first ride on it.

Tim Noland, general manager of Eli Bridge Co., said the Big Eli Eagle model Ferris wheel is 50 feet in diameter with 16 seats. “It was requested to be painted a special color of red, Pinot Noir.” Noeper said the Ferris wheel has now been repainted green and is beautiful.

Ann Sedlmayr of Archway Amusements told the Courier Journal in July when it was on its way to the Adams County fairgrounds in Quincy, Ill., “We’ve revamped it, redone it, and here it is.” But, she did not reveal their purchase price, saying they had been offered more than they paid for it. Sedlmayr says fans have looked at the Ferris wheel as a way to connect to the late pop star.

“When Michael Jackson first passed away they just looked at it, they were just kind of in awe. It wasn’t a big chaotic scene or anything, but then they’d go buy a ticket to say they’ve ridden it,” says Sedlmayr.NEVERLAND FERRIS WHEEL

 HOW DO YOU SPOT A “GOOD BUY” IN A BUYERS MARKET?  

by: Bob  Zdora, Executive Broker Century 21 LeMac Realty

 

Beauty is in the eye of the beholder, particularly when it comes to buying a home in Mountain Home Arkansas .  Features that attract one home-buyer may repel another.

 

However, the one feature of interest to every home-buyer is price.  Getting the most home for your money is paramount.  The real problem is figuring out whether that fixer-upper on one street is a better buy than the home in next-to-new condition two blocks away.  That’s why knowing what to look for before you buy can save you time, energy and money down the line. Using a full time REALTORS like Bob and Linda Zdora, The Z-Team can simplify your task. 

 

The first step is figuring out what kind of house you need.  A good buy is only a good buy if it meets your current and future living requirements.  Before shopping for a home, decide how much space you and your family require.  How many bedrooms, bathrooms?  Is a family room necessary?  Do you need a layout that will accommodate a lot of entertaining?  Do you prefer a spacious or compact work space in the kitchen?  If you have small children, can the house easily be childproofed?

 

Evaluate the front and back yards.  Is there enough space to accommodate your children?  Do you want a park-like or garden setting?  Do you enjoy yard work and gardening, or do you want a low-maintenance yard?  Take into consideration the cost of extensive landscaping and upkeep. You have many types of properties in Mountain Home, Arkansas.  From in town homes to large acreage estates in Baxter County. 

 

Next, determine how much work is required to make the house you are considering livable.  Make an honest assessment of your fix-it abilities.  How much work are you willing to do or pay someone else to do?  Do you have basic decorating, carpentry and plumbing skills?  If you plan to learn as you go, make sure you have accurately determined what you are getting into.  Ask an experienced friend, family member or your real estate agent for their opinion, and be sure to consider how much remodeling inconvenience the rest of the family can handle.

 

Unless you are ready and able to tackle a major remodel, look for a house or condominium that needs only cosmetic improvements.  These include painting, wallpapering and replacing items like flooring, window treatments, bathroom and kitchen fixtures, light fixtures, cabinet and interior door hardware and appliances.  Remember that even these simple changes can be costly if you have to make many of them.

 

Beware of improvements that seem easy enough at first glance buy may turn into major headaches and require a lot of money once you’ve moved in.  Remodeled kitchens and bathrooms, changes to the floor plan, room additions and redesigned landscaping are examples of seemingly minor changes that can easily eat away the money you thought you saved by selecting a so-called “bargain priced” home.  Of course, you may be perfectly willing to spend whatever money is needed to customize the house to match your tastes and needs.

 

Make sure major systems in the house are in good working condition.  The furnace, air-conditioning and plumbing should be up to date, since repairs can be costly.  Your Century 21 LeMac agent can arrange to have a professional inspector determine whether the electrical wiring and any room additions are to code.  Local utilities often offer free or low-cost inspections to tell you if the house is energy-efficient.

 

Look for a house with universally popular selling points.  If you’re impressed, the next buyer down the line is bound to be, too.  For example, a roomy, modern east-to-clean kitchen is the best selling point a home can have.  A house with only one bathroom is less desirable than a house with two or more.  Many buyers expect at least three bedrooms, with a master bedroom that offers a feeling of privacy.  Lots of storage space and closets, especially walk-in closets, will be a real selling point.  Family rooms or “great rooms” also are desirable.  On closer examination, a house that looks like a bargain may lack some of these key features.

 

Don’t forget the old adage:  location, location, location.  Unless you’re looking for a fixer-upper, the house should be in a condition that is comparable to other homes in the neighborhood.  Avoid buying the biggest or fanciest home on the block.  Your Century 21 LeMac Realtors, Bob and Linda can help in this process. 

 

Consider the amount of traffic or noise.  Homes located in a quiet area away from a busy street will command a higher price.  Make sure the schools in your district have a reputation for quality education and safety.  Nearby supermarkets, gas stations, restaurants and theaters also will make a location more desirable.

 

Good community facilities also add appeal; pools, athletic fields, community centers, libraries and hospitals all add to a neighborhood’s value and desirability.   Transportation needs also should be considered.  Is local public transit available?  How long are typical commutes to places of current and potential employment?  Are there several alternate routes?  How close is a major airport?  All of these can affect a home’s pricing.

 

Consider the cost of living in a home.  It’s important to consider not only purchase price but the monthly cost of living in a home.  Estimate your utility and maintenance costs.  For example, will the house need to be painted on a regular basis and will you need to spend money maintaining a swimming pool?  Ask your Century 21 LeMac agent about the property tax rate and whether increases are anticipated.  Will you have to pay special assessments for a homeowner’s association?  Consider the point in the life cycle of major household systems, such as the furnace, air conditioning, roof and kitchen appliances.

 

You can find a bargain!  Your first step should be to seek out a knowledgeable Century 21 real estate agent with experience in the market areas where you wish to purchase a home.  Your agent can help you locate those properties that truly are “bargains” and help find the home that most closely matches your desires and needs. Choosing the Z-Team from Century 21 LeMac Realty in Mountain Home Arkansas can be one of the best home buying decisions you can make!

 

From our radio broadcast

Talk Radio 97.1 This week in Real Estate with Bob Zdora

 

Contact 870-405-5407  or  zman1501@hotmail.com

 

If you have a subject or question let us know and we will do our

best to help you get your information.

 

Thanks,

Your Zteam

Century 21 LeMac Realty

Mountain Home Arkansas

August 21, 2009

Sheid Center will be a boon for community

It’s good to hear construction will continue on the next phase of the Vada Sheid Cultural Arts Center.

Such a center has long been needed here in the Twin Lakes Area. There are small conference facilities available for small conferences, and Mountain Home High School’s Dunbar Auditorium offers a stage and lots of seating.

But we’ve lacked a venue capable of hosting large-scale events such as conventions. We know of at least one conference this summer that could have come here to Mountain Home had there been an adequate facility with sufficient breakout space for various sessions. We have lots of lodging available and plenty of restaurants, that could help Mountain Home host conventions of almost any kind, but we lack convention facilities.

Mountain Home Area Chamber of Commerce Executive Director Eddie Majeste told us earlier this week they have to turn away nine or 10 conventions a year that otherwise could be accommodated here. The Sheid Center at Arkansas State University Mountain Home can fill that bill. It’s expected to be able to provide seating for up to 1,600; conference rooms plus additional meeting space open elsewhere on campus; and other amenities suitable for conventions, conferences, concerts and big-time stage productions.

Don’t forget the new Donald W. Reynolds Public Library going up just across from the ASUMH campus. It will have meeting rooms and facilities that could help with a convention, too. The Twin Lakes Area is a good, central location in the Ozarks to host conventions, anything from veteran reunions to trade shows. There are plenty of things to do and see in the area for both conventioneers and their families. We’re a natural location for outdoor and tourism conferences. With Baxter Regional Medical Center as a host, our community would be well-suited for health- and medical-related events. Being on the ASUMH campus, it also will be well-suited for educational, teacher and school-related conventions. Mountain Home could be a top-notch site for business and industrial conferences.

Depending on some of its amenities and how its ultimately equipped, the Sheid Center could even serve as the site for such things as film festivals (such as Batesville now hosts) or regional specialty conventions (such as comic or sci-fi conventions).

Being able to tap the convention market will benefit our community. It will give the Twin Lakes Area a new economic market that would fit well with our tourism, retirement and business economies. Any boost in the local economy is welcome. Just imagine the amount of additional revenue that could go into local restaurants, motels and other businesses — as well as the additional tax revenue for local government — thanks to those coming to Mountain Home for conventions. Add to that the rule of thumb that a dollar spent locally will “turn over” several times, and it further enhances our community’s economy.

Dr. Ed Coulter, ASUMH’s chancellor, and everyone associated with the Sheid Center undertaking are to be commended for their foresight in seeing the need and doing something to meet it. Financially, things are tight these days, but that’s why we have to keep looking forward and finding ways to better our community.

The Sheid Center is an investment in the Twin Lakes Area and its future that has the potential ultimately to provide us a return far beyond its costs.

Guide to Taxes on Retirees, 2009–2010: Arkansas Search Again The Natural State is a low-cost, low-tax retirement destination. It exempts Social Security benefits from its state income tax and military, civil-service, state- and local-government, and private pensions up to $6,000. All other income is taxed on a sliding scale up to 7%. Arkansas’s real estate taxes are among the lowest in the nation. STATE SALES TAX 6.0% (prescription drugs exempt). Food is taxed at 3%, and natural gas and electricity are taxed at 4.5%; city and county sales taxes could add another 6.75%. INCOME-TAX RANGE 1% – 7% EXEMPTIONS FOR RETIREMENT INCOME Social Security is exempt, as are Veterans Administration benefits, Workers’ Compensation, Tier I and Tier 2 Railroad Retirement benefits, and unemployment compensation. Up to $6,000 in military, civil-service, state- and local-government, and private pensions is exempt. The exemption refers to income from public or private retirement systems, plans and programs. IRA distributions can be included as part of the $6,000 exemption if the taxpayer is 59½ or older. Out-of-state government pensions also qualify for the exemption. PROPERTY TAXES Arkansas property taxes are levied by counties, municipalities and school districts. All households are eligible for a refund of up to $300, regardless of income or age. Political subdivisions collect taxes on real property (house and land) and personal property (motor vehicles, boats and motors, motorcycles, and all-terrain vehicles). Assessment is based on 20% of the true market value. The taxable assessed value of homesteads will not increase more than 5% above the previous taxable assessed value except when new additions or substantial improvements are made to the property. However, the taxable value of the homestead will continue to increase each year until it equals 20% of market value. The taxable assessed value of homesteads of residents 65 or older, or those who are disabled, is capped at the previous year’s value unless improvements are made or the property is sold. INHERITANCE AND ESTATE TAXES There is no inheritance tax, and there’s no longer an estate tax.

Clock Running Down on First-Time Home Buyer Tax Credit

 

With the clock running down on the $8,000 tax credit for first-time home buyers and less than four months to go, builders are urging qualified prospective buyers to start the sales process long before the Nov. 30 deadline.

Faulty appraisals that have been using foreclosed properties as comparables for new homes have been slowing down the sales process in many instances, builders warn, creating hiccups in the financing stage that can often push the closing date much later than originally expected.  

First-time buyers should also anticipate tighter lending standards that generally don’t allow 100% financing, making buyers responsible for coming up with enough money prior to their purchase to meet required downpayment and closing costs.

For these two reasons alone, young families considering becoming home owners should be advised to start the process long before they put a bid on a new home. As part of that effort, builders can provide key educational information on the home buying process — including financing and closing — that their customers need to ensure that they occupy their new home in time to claim the tax credit.

Assistance on Upfront Costs Available in 16 States

For home buyers who need assistance with downpayment and closing costs, some state housing finance agencies are able to provide a short-term loan based on the home buyer’s qualification for the federal tax credit.

Sixteen state housing finance agencies — in Colorado, Delaware, Florida, Idaho, Illinois, Kentucky, Massachusetts, Missouri, Nebraska, New Jersey, New Mexico, Ohio, Pennsylvania, Tennessee, Texas and Virginia — are participating in loan programs to help facilitate home sales for first-time home buyers in their area.

Each state is different and qualifications and restrictions vary among the programs.

Home buyers should be warned, however, that there are organizations or individuals who are providing this service who are not legally permitted to do so. If the organization is a unit of state government, such as a state housing finance agency, it is safe to say that it is reputable. Otherwise, a home buyer should check with their local Better Business Bureau or through a state or local government’s department of consumer affairs to ensure that the program they are working with is legitimate.

Remind Buyers of Requirements, Special Circumstances

Although the tax credit has three requirements listed for home buyers to qualify — status as a first-time home buyer, timeframe in which the home must be purchased and income limits — it is sometimes not that simple. Specific situations — such as those involving the sale of a home between related individuals or prior ownership of a mobile home as a primary residence — may result in a buyer’s disqualification from claiming the credit.

In a statement released last week, the Internal Revenue Service (IRS) warned taxpayers to beware of first-time home buyer tax credit fraud. Home buyers who may be unsure of their status on claiming the tax credit should seek professional advice from a certified public accountant or an enrolled agent licensed by the federal government.

MOUNTAIN HOME – Two hundred years ago, before Baxter County became home to early settlers, the primary habitat there was prairie.

“Most people are surprised to hear that,” said Phil Hyatt of Mountain Home.

Hyatt, 57, has been interested in the environment around him since he started keeping records of birds as a boy growing up in Yellville. Today he has a bachelor’s degree in zoology and a master’s in botany. He wrote his master’s thesis on the vascular flora of Baxter County and is a former botanist for the Sylamore District of the Ozark-St. Francis National Forest. A selfdescribed vegetation ecologist, Hyatt is passionate about the ecological history of the area and the preservation of its natural habitats.

In his thesis, Hyatt quoted Henry Rowe Schoolcraft, who published the first written history of the geography and vegetation of Arkansas after he explored the area in 1818, and Frances Shiras McClelland, who wrote The History of Baxter County in 1939.

Schoolcraft wrote, “the difficulties attending our progress down the valley induced us to strike out into the open prairie, where traveling was free, unimpeded by shrubbery or vines. Nothing but illimitable fields of grass, with clumps of trees here or there, met the eye.”

McClelland supported that observation in her book.

“The country was almost without timber,” she wrote. “Old settlers say that for every 1,000 trees we see now, they saw only one. … The barren or prairie grasses grew seven to ten feet high.”

Hyatt documents that “Mountain Home was originally called Rapp’s Barrens, ‘barrens’ being a local name for the prairie.”

How can an area referred to as mountainous be considered prairie?

The Ozarks were created by erosion, not folding, Hyatt says. A former seabed, the area was once a flat plain. That’s why many high points in the area have flat tops, or mesas. Erosion carved the deep valleys of the Ozarks.

In contrast, mountains such as the Appalachians were created when the earth folded, or pushed up into a ridge.

Stanley Pitchford, 67, of Mountain Home remembers his great-grandfather, a schoolteacher in the 1860s, telling stories of bluestem grass in the pastures “so tall it touched the horses’ bellies.”

Schoolcraft is said to have written something similar that Hyatt hasn’t been able to substantiate.

“When I was a boy,” Pitchford said, “there was a big red oak here and there. Otherwise it was open range.”

The Pitchfords let their hogs and cattle roam free in the spring and rounded them up in the fall.

“Fences were for keeping other people’s animals out of your garden,” Pitchford said. “Fences weren’t on property lines like people today think.”

Hyatt said Pitchford’s pasture is similar to the prairie of the past, with scattered trees and tall grass.

Other longtime Mountain Home residents remember the prairie, too.

“I remember walking up Wallace Knob when I was young, and there was cedar scrub and that’s all,” said Judi Sharp, Mc-Clelland’s niece. “That was in the ’50s. In the forest around my house now, the trees are all young, maybe 50 or 60 years old. There are very few old trees left. They’re very special when you find them.”

Marty White of the Forestry Commission at Midway remembers his father, George White, talking about the prairie.

“My dad said when he was a boy it was all big timber and tall grass. No underbrush.”

Schoolcraft documented that the banks of the area’s rivers were lined with tall pines and a “vigorous forest of trees.” Logging in the late 19th century affected the area’s environment tremendously in woodland areas, but in the uplands, the most important factor was fire.

Hyatt’s documentation from the 11th Central Hardwood Forest Conference in 1997 included a detailed investigation by Sean Jenkins, Richard Guyette and Alan Rebertus into the history of fire in the Ozarks.

Fires caused by lightning are rare in the region. Fire scars in old trees indicate that frequent burning began in 1804, which coincides with the migration of Cherokees to the area between 1785 and 1828.

The Cherokees began to leave the area in accordance with the treaty of 1828, and documentation shows a reduction in fire scars after that.

But early settlers continued burning fields to control ticks and underbrush, according to Hyatt and White.

During the 1930s, the Arkansas Forestry Commission was established in part to protect all state land from wildfires. Since then, hardwood trees and cedars have filled in the once-open areas.

So is it woodland or prairie that is more natural to Baxter County?

“This is the debate going on with ecologists,” Hyatt said. “We just don’t have the data on lightning strikes. We can safely say that every 50 years or so things dried out and fires went uncontrolled.”

White is concerned about the possibility of wildfires fueled by the drying timber felled earlier this year in ice storms.

“Fire is important in the preservation of native species,” Hyatt said. “Yellow coneflower grows in only six places in Arkansas now. Three of those places are in Baxter County.”

Wildflowers are seen often along roadsides because mowing mimics fire, Hyatt said, creating an environment that facilitates seed sprouting.

“Mountain Home is rather rapidly becoming an urbanized area,” Hyatt said, adding that burning is no longer practical with so many people around. “We need to preserve the habitat we still have. We should consider 1,000-acre parks, think about future highways now and buy the land. What do we want Mountain Home to look like 40 to 50 years from now?”

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