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First Home Buyer Tax Credits Extended:5 Keys to Buying Your First Home Wisely
Charlotte NC It's a new game with tax credits on until April 30, 2010!!! "The $8,000 Tax Credit Looks Good, But how do I make a good decision when buying a home in today's market?" A recent Charlotte home buyer asked me... and made me think.
If you listened to the talking heads on TV, you would be convinced that the world as we know it is about to come to an end. Well no. We are still working here in Charlotte, going to work, selling homes, like about 2/3's of the rest of the country that have not experienced big price declines.
Still, in this market, there is a premium on Buying Smart. If you are thinking that is much more than "Buying Low" you are right!
5 Keys to Home Buying Success in Today's Market
1. Buy for the long term and plan to stay a minimum of 3 years, preferably 5-7 years. The longer you stay, the lower the risk in your investment. You get tax savings every year, and it just makes sense you have more time to let your home appreciate, and appreciation WILL be back in Charlotte before too long.
2. Buy a home in ... more

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