Good news for Panama City Real Estate First time home buyers...

By
Real Estate Agent with Counts Real Estate Group, Inc. BK3128229

Panama City Beach Real EstatePer an article published by FAR (FLORIDA ASSOCIATION OF REALTORS®):

New law gives first-time buyers $7,500 tax credit... Tell first-time homebuyers it’s time to commit:

A provision of the recently-passed federal housing recovery bill gives first-time buyers an interest-free loan of up to $7,500 in the form of an income tax credit.

The credit equals 10 percent of a home’s cost up to $7,500, and applies to any single-family residence (including condos and co-ops) to be used as a buyer’s principal residence. Read the full article here.

Other news Freddie Mac reported Thursday that the nationwide average for 30-year mortgages dipped to 6.52 percent this week, down from 6.63 percent last week. Read the full article here.

Posted by

Jennifer Mackay in Panama City

Jennifer Mackay
Panama City Realty Group
850-774-6582 Cell
PanamaCityRealtyGroup.com
Counts Realty Group, Inc
3009 Highway 77, Suite H
Panama City, Florida 32405

 

 

 

 

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