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FIRST TIME HOME BUYER TAX CREDIT--THE TIME IS NOW

By
Real Estate Agent with Remax Premier Group

FIRST TIME HOME BUYER TAX CREDIT--THE TIME IS NOW

If you have been sitting on the fence waiting for the right time to buy a home, you may
 want to consider getting out there now before time runs out if you are a first time home buyer or have not owned a home in the last 3 years.
 
Reasons to Buy NOW: 

Interest Rates are at an all time LOW (Really your not likely to get much better than this)
 * Vast amount of inventory(There are a lot of nice homes out there with really great prices and many of them are getting multiple offers now, especially with the deadline getting closer, don't lose the homes that you love, just because your reading all the negative news or your neighbor said to wait. By then, interest rates may go up, the tax credit may be gone and that house that you love may be gone or that great price may not be there anymore) To find your dream home

 *The $8000 Tax Credit

HIGHLIGHTS OF THE $8000 FIRST TIME HOME BUYER TAX CREDIT
* Lessor of 10% of cost w/ maximum credit of $8000
* Any single family properties including condos, townhomes that will be used as a principal residence qualify
*The credit is claimed on the tax return to reduce the purchasers liability, any credit amount unused will be refunded to the purchaser.
*Full amount of credit available to those with AGI of $75,000 ($150,000 if filing joint return)
* Credit is available to purchaser who have not owned a home in the previous 3 years prior to purchase
*No repayment for purchases made on or after January 1, 2009 and before December 1, 2009 The Home Must Close By December 1, 2009!!!
 For more complete details  


To Buy and/or Sell your Home in the Tampa and surrounding area, specializing in the New Tampa, Wesley Chapel, Land O Lakes area's,  Contact an experienced REALTOR you can trust to achieve your real estate goals. Contact Sherry Laursen, Coldwell Banker Residential Real Estate, 19026 Bruce B Downs Blvd. Tampa FL 33647  Office 813-977-3500 or Direct 813-368-5893 or email

Posted by

To Buy or Sell a Home in Tampa or the Surrounding Area's
Contact Sherry Laursen, REALTOR
Remax Premier Group
27219 SR 56 Wesley Chapel, FL 33544(813) 929-7600 Office or (813) 368-5893 Direct
Find Your Next Home Here




Nancy Kent
RE/MAX Hill & Valley - Granby, MA
RE/MAX Hill & Valley, Western Mass

Great post! Lets hope our buyers get moving so they don't miss this great incentive!! The deadline is rapidly approaching!

Sep 13, 2009 04:47 AM
Eric Villaverde
DoubleTree Home Inspection Services L.L.C. - Phoenix, AZ

I really do enjoy reading about your local information. Thanks for the post today.

Sep 13, 2009 04:59 AM
Sherry Laursen
Remax Premier Group - Wesley Chapel, FL
MAKING YOUR REAL ESTATE DREAMS A REALITY

Nancy-Activity has definitely picked up, but then you have those that are waiting to see if prices drop lower or if the incentive is increased. I'm afraid those buyers are going to wait a little too long and possibly miss the boat on this one. Thanks for the comment.

Eric-It is a great area with lots of great inventory right now. Thanks for stopping by.

Sep 13, 2009 03:38 PM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Better extend it or we may have a true crash in the market. Buyers have been slow to respond here but it is just now picking up.

Sep 14, 2009 12:33 AM
Sherry Laursen
Remax Premier Group - Wesley Chapel, FL
MAKING YOUR REAL ESTATE DREAMS A REALITY

Charles-I hope they do extend it and open it up to all buyers, but I don't think consumers should wait for that to happen just in case it doesn't. The activity here is much better with many homes getting multiple offers now. Hopefully your will get better before its too late.

Sep 14, 2009 02:17 PM