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Tax Credit Deadline looms ahead and Rates are anyone's guess

By
Real Estate Sales Representative with REALTY WORLD-Harbert Company, Inc.

First Time Homebuyer Tax Credit

The First Time Homebuyer Tax Credit deadline looms ahead.  You must be under contract by the end of this month.  This is a great opportunity for homebuyers and I am not seeing much talk at all of it being extended again.

There is also talk of rates possibly increasing also.

Question on rates being raised

 

I do not believe that our government knows short or long term answers on how to get our country out of this mess that it is in.  That being said, I truly believe that it is anyone's guess on when and to what degree this will happen.

As you are looking at homes, fiddle around with a morgage calculator to see if rates went up by .5% or 1% what the price of homes you can afford will adjust to.  This will be important as you continue your process of looking for homes, whether you are a first time homebuyer or an established homeowner.

 

If you need assistance with your Indianapolis Real Estate, or surrounding areas, give us a call today. 317-885-8858

 About the Author: The above info regarding First Time Homebuyer Tax Credit-Indianapolis and Interest Rates was provided by: Heather Fitzgerald, who has over 15 years of experience in real estate, title insurance, and lending that can be put to work for you. Heather can be reached by phone at 317-885-8858. Thinking of selling your home or buying your next home? We can help you with this. I service the following areas: Greenwood IN Real Estate, Indianapolis IN Real Estate, Franklin IN Real Estate, Whiteland IN Real Estate, Mooresville IN Real Estate, Martinsville IN Real Estate, Avon IN Real Estate, Carmel IN Real Estate, Westfield IN Real Estate and surrounding areas. We are experienced Greenwood IN Real Estate Agents.

We have also closed numerous Short Sales: Greenwood IN Short Sales, Indianapolis IN Short Sales, Avon IN Short Sales, Mooresville IN Short Sales, Carmel IN Short Sales, Westfield IN Shortsales. Check more properties at no obligation: www.SmithFitzgeraldTeam.com

 Copyright © 2010 By:

 Heather Fitzgerald- First Time Homebuyer Tax Credit-Indianapolis and Interest Rates. All Rights Reserved.

Posted by

________________________________________________________________________________________________

Heather Fitzgerald

REALTY WORLD-Harbert Company, Inc.

317-371-2622

indplsrealestate@gmail.com

www.FindingYourIndyHome.com

 

 

If you need assistance in Indianapolis IN, Carmel IN, Martinsville IN, Greenwood IN, Whiteland IN, Franklin IN and surrounding areas, considering buying or selling a home, or considering the option of a Short Sale, contact us today at 317-885-8858.  We have experience in Greenwood Real Estate, Indianapolis Real Estate, Greenwood IN Short Sales, Greenwood IN Real Estate for Sale,  Franklin IN Real Esate, etc.

About the Author: Heather Fitzgerald, who has over 24 years of experience in real estate, title insurance, and lending that can be put to work for you. Heather can be reached by phone at 317-371-2622.

Areas of Service: Greenwood IN Real Estate, Indianapolis IN Real Estate, Franklin IN Real Estate, Whiteland IN Real Estate, Mooresville IN Real Estate, Martinsville IN Real Estate, Avon IN Real Estate, Carmel IN Real Estate, Westfield IN Real Estate and surrounding areas. We are experienced Greenwood IN Real Estate Agents.

Copyright © 2018 By: Heather Fitzgerald- Greenwood Real Estate For Sale. All Rights Reserved.

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Comments (2)

Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

I'm seeing a final rush in Sacramento as buyers are crawling all over each other just to get into contract by April 30th. Of course, we also have a state credit that continues through the year but once that $200 mil is gone, it's gone.

Apr 14, 2010 01:31 PM
Christine Hynes
American Capital Corporation - Laguna Beach, CA
Orange County Senior Loan Consultant

Heather I heard the fed may take steps to offset the rise in rates brought on by the end of the MBS program. I too am unsure of how they plan on handling things over the next year but I hope people get into the market while the tax credit is still here and rates are low!

Apr 15, 2010 10:09 AM