Now is even a better time to buy a home in Washington State! First Time home buyers now have until April 30, 2009 to have a signed around purchase and sale agreement for their first home and be eligible for up to an 8,000 dollar tax credit.
The buyer also has a 60 day grace period to complete their financing. So that means you could be in your first home anywhere between the first snowfall in Pullman to our wonderful 4th of July celebration in Sunnyside Park!
And now more first time home buyers qualify! The annual income qualifications have also risen to 75,000 to 125,000 for singles and 150,000 to 225,000 for married couples! That is great news for first time home buyers!
And don't feel left out if you currently own a home. Now with the expanded tax credit it current home owners may also qualify for a tax credit up to 6,500! They too must purchase by April 30, 2010. And to qualify they must of lived in their current home for 5 consecutive years over the 8 previous years to qualify. The home must be $800,000 or less.... and be their primary residence between November 7, 2009 and April 30, 2010. Income limits are the same as for the first time home buyers...75,000 to 125,000 for singles and 150,000 to 225,000 for married couples!
Rates are still great. I was speaking with a loan officer today and it is still possible for home buyers to get into a home for as little as 3 1/2 percent down! What a great time to buy that Washington home whether you are a first time home buyer or current home owner thinking about a new home.
Call me and let's see what we can do to get you into that your own piece of the American Dream in Pullman Washington that you can call "Home Sweet Home."
And feel free to check out my website with current listings on the MLS...Want real time updates on new listings and price reductions? Sign up for auto notifications...it takes the hassle out of looking!!!
About the Author: The above piece was provided as a community service by Lori Cofer, a local Pullman WA Real Estate Agent. Lori can be reached via email at loricofer@yahoo.com or by phone at 509-330-0086. Lori is happy to assist you in all your Pullman real estate and Moscow Real Estate needs. Lori is "Your Pullman WA Real Estate Connection
7 Comments on Buying Your Pullman WA Home & The New Tax Credit!
NOV
07
2009
It'll be interesting to see the effect on the midddle of the market with the addition of the homesellers that can now recieve a credit. I always thought that was a weakness in original bill. Hopefully, it will help out a few more folks.
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.
And don't feel left out if you currently own a home. Now with the expanded tax credit it current home owners may also qualify for a tax credit up to 6,500! They too must purchase by April 30, 2010. And to qualify they must of lived in their current home for 5 consecutive years over the 8 previous years to qualify. The home must be $800,000 or less.... and be their primary residence between November 7, 2009 and April 30, 2010. Income limits are the same as for the first time home buyers...75,000 to 125,000 for singles and 150,000 to 225,000 for married couples! 
;)
;)
