Now is a Great Time to Buy Again in Little Elm!

Now is a Great Time
to Purchase a Home!
(… again)

Eligibility Requirements:

* Buyers must have owned and lived in their previous home for five consecutive years out of the last eight years and purchase a replacement primary home.

* The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $6,500.

* The tax credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.

* Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

* Applies only to homes priced at $800,000 or less.

Top 10 Reasons It Is a Great Time
for Repeat and/or Move-Up Buyers
to Purchase a Home:

1. You have the largest selection of homes in 15 years

2. You are buying a home today that doesn’t have inflated equity

3. You don’t have to sell your current home to qualify for the Tax Credit (although you would need to qualify for both house payments, if applicable)

4. You have sellers willing to pay your closing costs and possibly buy-down already great interest rates

5. You are in the first true “Buyers” Market in nearly 8 years

6. The current downturn in house pricing as well as low interest rates could allow you to buy homes in neighborhoods that maybe were out of your reach two years ago

7. You can purchase a home in specific rural areas for $0 down and no monthly PMI (USDA)
(Note: Must sell current home to qualify for the USDA program)

8. If you were previously in the military you could use your VA benefits with $0 down and no monthly PMI and could purchase anywhere

9. You could also still buy a home with just 3.5% down through FHA

10. And you could file with the IRS for your (up to) $6500 Tax Credit!

With rates at an all time low, inventory at an all time high, and a $6500 Tax Credit

…..it is a GREAT time to purchase again!

Simply contact me to start your dream of home ownership!