If you have watched the news lately, you have seen that the government is working diligently to help improve the current economic crisis. Everyone agrees that the first step is to correct the backbone of the economy, the real estate market. Nationally, approximately 45 - 50% of the houses currently on the market are either Foreclosures or Short Sales. In order to stabilize the housing market, we need to get these distressed properties off the market. What does this mean for home buyers??? Amazing prices on homes, record low interest rates and incentives from the government to get these houses sold! Currently, the Government is offering all first time home buyers an incredible opportunity. An $8,000 tax credit when they purchase a home prior to April 30, 2009. Follow the link Home Buyer Tax Credits on my home page for more information. In addition to the first time home buyer tax credit, the Government is also offering a $6,500 "move up" tax credit for those who are not first time buyers and who have lived in their current home for at least 5 years. More information about this tax credit can also be found if you follow the Home Buyer Tax Credits link on my home page. Tell everyone you know about these incredible incentive to buy a home. There will never be a better time to buy a home! Prices are low, rates are low and the benefits are through the roof! Call me today to start looking for your new home! |