Yes, I know it's been some time since I've put a fresh blog up, but I promise to not let it go as long as it has been in between. This entry is going to be covering the $8,000 first time homebuyer credit being offered as in incentive to first time homebuyers.

In an effort to boost some sales, and reach out to all the first time homebuyers who are on the fence deciding if they want to take the plunge and purchase, The Government is offering a no strings attached 8000 credit for first time homebuyers! There are some stipulations that must be met for one to be eligible for the first time homebuyer credit.

The biggest hurdle to overcome is that the potential first time homebuyer is only labeled a first time buyer if they have not held ownership in the last 3 years. The first time homebuyer must also purchase by the end of December 2009. Once that criteria has been met, an $8000 credit will be issued to the first time homebuyer who made the purchase. It's NOT a tax cut; it is a TRUE credit! What's even better is that after securing the home, it's even possible to get the first time homebuyer credit before next years taxes! For Full Details please consult your CPA, but an amended return can be filed, and the credit can be taken advantage of before the typical 2009 tax season.

This is a HUGE advantage to everyone who has been on the fence about buying... $8000 dollars on top of the other great tax benefits, and the best part; You'd have your own home. Couple that with the AMAZING interest rates being offered right now, and the rock bottom price of housing. Any of these three components on their own (First Time homebuyer credit, amazing interest rates, and low low prices) are strong on their own. In tandem these three are an Epic force.

I would love to consult with anyone who has any questions or concerns regarding the amazing situation buyers are in to take advantage of the market. Thank you very much for reading this blog... next up will be another take on short sale (how much easier they are becoming to negotiate and qualify for)

Jason Caballero
Dan Schwartz Realty, Inc.
Mobile: (520)250-6369
Office: (602)274-8322
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