Thursday, March 12, 2009

Opportunity Knocks for Home Buyers

Courtesy of National Association of Home Builders

For those whose homeownership hopes have been dampened or temporarily derailed by the housing downturn and economic recession - the people wondering if this is a good time to buy - the answer is simple: Yes. It's a very good time to buy.
Today's market, coupled with a tax credit of up to $8,000 for first-time home buyers, near-record low mortgage interest rates and ample inventory, provides an unprecendented window of opportunity for qualified prospective home buyers. In fact, there may never be another buyer's market as good as today's.

In landmark economic stimulus legislation, Congress has provided an outstanding opportunity for first-time home buyers with enactment of an $8,000 tax credit for single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000. Partial credits of less than $8,000 are available for individual taxpayers with incomes up to $95,000 and for married taxpayers with incomes up to $170,000.
But time is of the essence to take advantage of this once-in-a-lifetime opportunity. Only homes purchased on or after January 1, 2009 and before December 1, 2009 are eligible for the tax credit.

For more information check out the official website: http:\\www.federalhousingtaxcredit.com or call Hartland Homes 477-6668.

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