Will the Tax Credit Expansion Really Help Sellers - Moving Up?


The Tax Credit Extension for First Time Home Buyers until April 2010 is great and will keep the momentum going for some markets.  The Expansion to Homeowners who have lived in their home for the last 5 years, makes me kind of do a Hmmmm. 

If we really think about it, once signed in to law the most important step for sellers will be to Sell their "Existing Home"!  We have one of the best and most robust markets in the country, here in Fayetteville.  But, with the holiday months coming, just like most markets we see a slight downturn. 

Sellers typically do not like to place their homes on the market during the Thanksgiving & Christmas holiday months.  In essence, if Sellers delay we would only have a total of about 4 months to list, sell, find a home and place under contract (with a Contingency on Closing on their Existing Home). 

Motivated sellers that have a sense of urgency will most likely fare well in selling their home during the Thanksgiving & Christmas holiday months. This motivation and sense of urgency will help ensure they don't miss this rare opportunity to sell their home,  upgrade and receive the proposed $6500 tax credit.

Congress to Extend $8000 Tax Credit for Military Personnel 

Great Ranch Home with all the Upgrades to include Prewired for Surround Sound, Sodded Front Yard, Spacious Rooms and a Very Open Floor Plan. The Home is Situated on about 1/2 of an Acre. Also you have Plenty of space for Parking with the Extended driveway. 

- - - - Information herein deemed reliable but not guaranteed - - - -

Copyright Fayetteville Association of REALTORS® 10/18/2009 08:39 AM

Photo Gallery MLS#  335797A

Cumberland County Schools' sixth annual Reading Rocks.  All 87 county public schools were represented by students, parents, teachers and staff. In parade-fashion, dressed to brave the weather in warm jackets and sweaters to make the 11/2-mile trek through downtown to promote the merits of reading and literacy.

In the sprit of participation, my daughter and I spent a little time together walking.  It was a truly enjoyable witnessing the students and thousands of people be so excited about Reading!

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Fort Bragg Area Finally Gets an Upscale Movie Theather ( Millstone 14)

Hope Mills introduced this weekend the first upscale movie theather in our area.  The theater was very impressive and the customer service also matched.  We now have luxury, reclining seats, a much need upgrades 36 in the community .