It's a GREAT time to buy a home!

By
Real Estate Agent with RE/MAX Around Atlanta

Okay- stop - just listen - then you make the decision.   

1.  First Time Home Buyer Tax Credits have been extended...that's $8000 for a first time buyer to make house payments with, furnish their new home, replace the carpet or other updates, etc.

2. Existing homeowners receive a $6500 Tax Credit when purchasing a new home if they have resided 5 consecutive years within the last 8 years in that property as their primary residence.  That's $6500 to put back into the mortgage to reduce the principle. 

3.  If you receive a Tax Credit, file an amended tax return for the immediate Tax Credit money.  You do not have to wait until 2011 for the money.

4.  Prices on homes are lower than they have been in years, you get more house for your money.  More could be something newer, smaller, different location, or just bigger.

5.  There is a large inventory pool to choose your new home from.  Choose from resales, new construction, foreclosures, or short sales.

6.  Interest rates are around 5%.  If you presently have a 7% rate, a higher priced home could have the same payment as you have now.  Or, you may simply reduce your house payment.

7.  The Tax Credit for existing homeowners is for any purchase including downsizing.  Here is your chance to make the move you have been putting off.

8.  Money is available now for mortgages; new guidelines coming will make if harder for some people in the future to qualify for loans. 

9.  Tax Credits have a time limit...you must have a written binding contract to purchase in effect by April 30, 2010 and until July 1, 2010 to close the sale.   

So does getting the type of home  you want - moving up, change in area, downsizing; at a lower interest rate; plus possibly receiving a tax credit...make you understand why we think it's a great time to buy a new home?

Posted by

 

RE/MAX GalloonsBen Staten and Kathy Kirby Seger - RED HOT ATLANTA HOMES Group, REALTORS 

Ben at 404-323-0049 and Kathy at 404-314-8129

RE/MAX Around Atlanta - Offices around Atlanta to serve you!

Associate Broker Licenses   -  Certified Destressed Property Expert  -  Accredited Buyer Representative   -   Certified Residential Specialist  -   Senior Real Estate Specialist   -  Accredited Sellers Representative   -   Graduate of the REALTOR Institute - Certified Relocation Consultant   -   ePro

 

Homes for Sale - Woodstock, Roswell, Milton, Marietta, Alpharetta and Surrounding Areas of Metro Atlanta

Real Estate Agent for Woodstock, Roswell, Milton, Marietta, Alpharetta, and Surrounding Areas of Metro Atlanta

Selling your Woodstock Ga Home with a real estate agent, call REALTORS Ben Staten and Kathy Kirby Seger to learn about their pro-active, written marketing program.  Selling homes in Woodstock, Roswell, Milton, Marietta, Alpharetta, Holly Springs, Canton, Acworth, Kennesaw, Smyrna, Sandy Springs.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Georgia Cherokee County
Tags:
buying a home
interest rates for home loans
8000 tax credit for first time buyers
6500 tax credit for existing homeowners

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
93,870

Kathy Seger & Ben Staten

Red Hot Atlanta Homes Group
Ask me a question
*
*
*
*
Spam prevention

Additional Information