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Tag Archives: tax credit

Mr./Mrs. Home Buyer: Just read the P.S…. It will make you sick

The time for locking into a purchase before April 30th is less than 5 weeks away. Get out there, get on some of this inventory, use some of your money for repairs if these homes are not quite perfect..negotiate for repairs, for closing costs, lock into some of the down-payment assistance programs that are available and get it done! The difference in a 30 at 5.25% vs 7.00% is $192.26 a month! An increase in payment of almost $200.00! Still thinking of waiting?

If so,.. this may tip the scale…..You just reduced the amount of home you could purchase by $30,000 !! ….. Still thinking of waiting?

The $8000 Tax Credit Explained

[ ?posts_id=2744251&dest=-1] For First timehome-buyers, this tax credit may mean the difference in afffording a home or not. It is an incentive to stimulate the economy by encouraging those who have not owned a home in the last three years, to make a home purchase before November 30th, 2009. It has indeeed worked in many […]