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

 
This post has been included in Florida Information Hillsborough County, FL Information Tampa, FL Information
Post is included in group: Tampa Bay Real Estate
Post is included in group: New Tampa Real Estate
Post is included in group: Hillsborough County Florida
Post is included in group: 1st Time Buyers

5 Comments on FIRST TIME HOME BUYER TAX CREDIT--THE TIME IS NOW

SEP
13
Hit Router

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

11:47am • #1
107,241 Points

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

11:59am • #2

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.

10:38pm • #3
SEP
14
286,344 Points 3 Featured Posts

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.

7:33am • #4

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.

9:17pm • #5

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Sherry Laursen

Tampa, FL

More about me…

Coldwell Banker Residential Real Estate

Address: 19026 Bruce B. Downs Blvd. , Tampa, FL, 33647

Office Phone: (813) 977-3500

Cell Phone: (813) 368-5893

Email Me



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