As everyone has probably heard, Congress is working on ways to stimulate the housing market. We're hearing great news already! Just yesterday, the Senate passed a $15,000 tax credit (10% of purchase price or $15,000, whichever is less) for ANYONE buying a house in the next year. If it goes all the way through, anyone can qualify (not just first time home buyers as in the 2008 package), the credit would NOT have to repaid (unlike the 2008 package which must be repaid in 15 yrs), and it can be claimed on your 2008 tax return. This is something you want to watch. The stimulus package has not been fully approved so things can change. I'll be keeping an eye on it!
Check out the link to the press release congress issued last night.
If you're in the market to buy a home, now's the time. Feel free to contact me to help you find that perfect home and to help you through the entire process. Also feel free to search for a home on my web site and request a showing. I can also help sell your current home, so give me a call today.
Kimberly Daeger, Realtor Service Excellence for Buyers and Sellers Real Living Realty Services, Inc. Cell: 937.545.6294 firstname.lastname@example.org www.realliving.com/kimberly.daeger
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