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.
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.
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