The popular first time and repeat buyer tax credits are still available thru the end of April. All you

need is to have a firm purchase and sale agreement in place by April 30th and it must close by June 30th. If

you otherwise qualify, that’s an $8,000 tax credit (same as cash) as a first time buyer or a $6,500 credit for a

repeat buyer. Call us to see if you likely qualify and we’ll start the ball rolling.

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TAX CREDIT EXTENDED & EXPANDED!  President Obama signed legislation on November 6th extending the first time home buyers’ $8,000 tax credit thru April 30, 2010. There is no question that this plan led in part to the improving housing market over the past six months and with that in mind, the new legislation has expanded the pool of qualifying tax payers to include existing homeowners who’ve been in their homes at least 5 years when moving up or down in value. For that group the tax credit is $6,500. The idea is to keep the economy churning and turning which is at the core root of our prosperous economy. Right on, Mr. President.

 

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As everyone surely knows at this point, investment opportunities, from stocks and bonds to real estate, have taken a huge hit over the past year and a half.  And for many of us, that has led to a very profound sense of fear about what tomorrow will bring; a fear that makes it difficult to make any decision at all about what to do next. And for that reason alone, we’d like to suggest that your real estate agent should be one of the professionals you turn to for advice in addressing your own housing needs and the decisions that go into it. It’s also the time to recommend professionals to your friends and family that you have confidence will share with them what they need to know with professionalism and integrity.

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