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With the expiration of the Homebuyer tax credit, has it affected your business at all? Did you notice a difference to begin with? I sure did. Selling REO properties in Texas, my inventory went from full to the brim to almost non-existent. Am I complaining? Not at all, I enjoyed seeing buyers take advantage of a great program. Keeping track of who utilized the credit after they closed, I realized most of my foreclosures were purchased by buyers who were not eligible to take advantage of this credit. So the question becomes whether the tax credit really kept my market alive … (2 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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