Tuesday, April 13, 2010

The 1st time home buyers Tax credit OR the expanded version - don’t let this opportunity slip past you please.


The 1st time home buyers Tax credit OR the expanded version - don’t let this opportunity slip past you please.

It’s true that good news rarely makes the evening news or local paper headlines. So you may not have heard: many good things are going on in real estate right now!

• Mortgage rates are still historically low


• It’s a buyers’ market in most areas


• Inventory is up


• You could qualify for an $8,000 1st time home buyers tax credit if you’ve not owned a home in past 3 years or the $6,500 tax credit which was expanded to include everyone! (other restrictions apply too)


Has the thought of buying a home been nagging at you?


You’ve probably heard it all before – why rent if you can buy. Home ownership is the American dream. If you’ve been thinking about a home purchase, this may be a great time to make a move. But hurry – time is running out on that 1st time home buyers tax credit!

Not sure what you can do right now?

First of all talk to a home mortgage consultant about your financial needs and goals. They can help you look into loan options and will work with you to determine your home financing options so that it not be a source of anxiety. Your mortgage payment should help you build long-term financial security.

Be sure to ask about getting preapproved. Once you've found the home for you, being preapproved will help you in negotiating that home purchase quicker.

Then what should you do next?

Find a REALTOR®! Someone that you connect with. Make an appointment and sit down with them and discuss homes in your price range. Pinpoint areas that fit your lifestyle. You may be surprised at the number of choices open to you. In fact, you may find that waiting is no longer in your best interest!

Why wait when you could be taking action?

If you’re considering a move in New Bern area- please consider getting to know me - I’ll help you find your home buying comfort zone!
Sonja Babic
Your North Carolina Broker
252-617-0861