The stimulus bill made a few incredible changes to the First Time Home Buyer Tax Credit, including the fact that it no longer has to be paid back on purchases from 01/01/2009-12/01/2009. The picture below shows an easy to understand breakdown of the new changes. If people never thought they could get a place of their own, they just have to sit down with a realtor and lender and give it a shot. With house prices dropping so low, historically low rates, and all the tax credits, they probably CAN afford to get into their own home. Even if someone you know is in a lease that shouldn't stop them. In today's market many sellers will pay the buyer's remaining lease months as a condition of the home purchase. Spread the word and excitement to all of your non home owning friends and family. Opportunity isn't just knocking on the door, it's knocking it down.
If you're excited about moving ahead on a home purchase in today's awesome buyer's market and would like to view homes go to www.easyhomemapper.com now.
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