Friday, November 13, 2009

Rates below 5%, tax credits for homebuyers extended and expanded.

It is my goal to stay up to date on all the changes in real estate to share with my clients and customers so that they can make informed decisions when buying and selling real estate. It is a great time to buy. It is a challenging time to sell. This year I have sold 9 of my listings and have 3 more under contract. Home sellers: Ask me how.

Considering moving to a larger home or moving?

It truly is fine times for home buyers. The $8,000 for new homebuyers was extended and $6500 for homebuyers who were in their home for more than 3 years was added.

Click on the link below for the brief issued by the National Association of Realtors that explains who qualifies and other details.
http://www.realtor.org/fedistrk.nsf/files/government_affairs_tax_credit_ext_chart_110409.pdf/$FILE/government_affairs_tax_credit_ext_chart_110409.pdf

The link below is an article from the Florida Association of Realtors on interest rates for home loans.
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=226861

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