tax credit: Will buyers act now? - 11/09/09 01:18 AM
The housing tax credit has been extended and expanded, details are all over the internet, so will buyers act now?
What has caused buyers to wait? Is it confidence in the market? Is it concern about their jobs? Is it a feeling that the housing market has another drop in prices as more foreclosures hit as executives laid off during the recession seek short sales or the banks foreclose on them?
Or will the incentives offered by this bill cause those 90% of Americans employed to make a move and buy a larger home or better located home? Will the incentives enable … (6 comments)

tax credit: First time buyer tax credits - Good or Bad? Just a discussion question. - 10/15/09 06:52 AM
Whilst everyone jumpson board and many economists say the tax credits need to be extended and Realtors and builders shout it from the rooftops are these credits really good or really bad? Could they be adding or doing the same damage that all the toxic loans have done.
Will Americans only buy when something is on sale or when they have a coupon/tax credit? Can we really expect our economy to recover when there is no confidence, when buyers are still concerned prices will drop further because there is weak unemployment and more foreclosures coming down the road to affect home values.
(4 comments)

tax credit: Time is running out... - 10/10/09 03:17 AM

Time is running out rapidly if you want to take advantage of the First Time buyers Tax Credit. All our mortgage providers have been telling and warning us to get our buyers under contract by this week to make sure that their settlements can be completed no later than November 30th.
You cannot afford delays with settlement to get the credit. You must settle on or before November 30th. It is a little misleading when people talk about December 1st as that is too late and you will not qualify for the credit.
Will it be extended? Who knows, there … (2 comments)

 
Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County (Realty ONE Group Advocates 484-237-2055)

Nick Vandekar, 610-203-4543

Selling the Main Line & Chester County

Downingtown, PA

More about me…

Realty ONE Group Advocates 484-237-2055

Address: 92 Lancaster Avenue, Devon, PA, 19333

Office: (484) 237-2055

Mobile: (610) 203-4543

Some thoughts and ideas about Tredyffrin Easttown, Main Line and Chester County Real Estate that might help you when you buy or sell.



Listings

Links

Archives

RSS 2.0 Feed for this blog