TIME IS RUNNING OUT FOR THE $8,000 TAX CREDIT!!!

Time is running out for the $8,000 tax credit!!!!!. You must close on your new home by December 1, 2009 to receive the tax credit!!
The tax credit is for first time buyers (those who have not owned a home within the past 3 years)......Qualified first-time home buyers must purchase a principal residence on or after January 1, 2009 and before December 1, 2009. ...AND The tax credit does not have to be repaid!

First time home buyers should not miss this rare opportunity! Housing is more affordable than ever, interest rates are at historical lows, there is a vast selection of properties, AND the $8,000 tax credit is an incredible incentive!

$8,000 First-Time Home Buyer Tax Credit

The $8,000 home buyer tax credit is available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009. The credit does not require repayment.
Click the link to view details...
Chart Highlighting the Major Modifications to the First-Time Homebuyer Tax Credit>

Gena Glaze

Buyers Wait for Stimulus Package Details

After much debate, reports indicate that lawmakers have finally reached a compromise regarding the stimulus bill. The final draft is expected to reach the President’s desk by Monday. The $15,000 buyer tax credit, according to preliminary reports, has been reduced to an amount of $8,000.

Many potential home buyers have been in a holding pattern waiting for the details of the stimulus package. These hesitant buyers will soon have the specifics of the new stimulus bill and will be able to make informed decisions about purchasing a new home.

Gena Glaze
http://www.glazeteam.com/

Read More...

http://www.cnn.com/2009/POLITICS/02/12/stimulus/index.html

http://money.cnn.com/2009/02/12/news/economy/stimulus_revamp/index.htm?



http://abcnews.go.com/Politics/Business/story?id=6862083&page=1

Seeking Opportunity In The Midst Of The Chaos!

Is it Time to Buy??

Among the dark clouds of the housing market lurks a silver lining ready to be taken advantage of by today’s savvy buyers and investors. Although markets cycle, real estate is a wise long term investment, and today’s “perfect storm” of undesirable financial events has yielded some extraordinary buying opportunities.

There are an abundance of houses on the market with great bargains seemingly at every turn. Buyers are finding value in reduced properties, foreclosures, short sales and even new construction. These exceptional buying opportunities, coupled with historically low interest rates, could possibly be a once-in-a-life-time event!

Gena Glaze