Time Is Running Out on what could be the best investment this generation of first time home owners will ever see!
This could truly be your once in a life time chance for a windfall profit on the most important investment people make!
Having just finished the dog days of summer and entering into a more cooler season and a time when real estate sales seasonally slow down, its time to take a moment to remind everyone that a large amount of money is available to those first time home buyers who are able purchase their first home before Nov 30, 2009!
To qualify you must meet the following: 1: Not have owned a home as your primary residence for the last 3 years! You must occupy this home as your primary resident for the next 3 years or you will have to pay back the Tax Credit. By the way you can't' make more than $75,000 to get a full tax credit if your single and $150,000 if you are married! You get 10% in tax credits up to $8000 dollars so if you buy a home for 150,000 you will only get $8000 dollars if you buy a home for 40,000 you will only get $4000, dollars.
Before you let this opportunity pass you buy, do some research to see if you qualify or talk with your accountant and local real estate agent. Don't let this deal pass you by!
It is said that "Time is the boundary of opportunity" So contact your favorite realtor, ask about finiancing choices in the area, get with a recommended lender to get the exact amount you best qualify for then start looking for your first home! The Chattanooga MLS statistics show that those homes priced in price ranges most likley to sell to a first time home buyer are starting to sell. You can see that the lower price ranges were first time buyers are most likely to make a purchase is the area that is really getting a lot of attention! This may also create a shortage in some areas of listings available for purchase, so don't wait any longer!
Chattanooga TN was voted "One of the best top 50 places to live" by "National Geographic Magazine" and that was before the new VW plant was announced! The VW plant is starting to loom up out of the ground and is expected to be completed in May 2011, already the plant officials have made changes with new plans to enlarge the plant! We are very exicted here in Chattanooga to see this building process and our expectations are very high!
If you have questions about the $8000 dollar tax credit and or real estate in the TN Valley contact
Darwin White
RE/MAX Properties
423-894-2900 Office
423-421-4111 Cell
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