Homebuying Credits! Now is the time!

There are two reasons you might want to buy a home NOW:

You have not owned a home in the last three years.

You've owned the same home and lived in it consecutively for 5 out of the last 8 years.


If this is your circumstance, now is the time to shop for a new home. If you put in an offer to buy before May 1 and then close before July 1 of this year, you can file and receive a tax credit this year on your 2009 tax return.



You may be thinking that the best deal to close would be a foreclosure or short sale, but the time it takes to shop and gain bank approval and close may take 3 to 4 months. You don't have that time.

Here's the good news! Buying a newly constructed home closes much faster.

Give me a call to discuss new homes in the area and consider the tax benefits of acting now. Prices for new homes are bottoming out and they may be better than you think.

Call me or email me for more details!

2/02/2010 12:12:00 PM | Labels: , , |

This entry was posted on 2/02/2010 12:12:00 PM and is filed under Internet Realty , more info , new homes . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

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