Make the Most of the MarketWith all of the great reasons to buy a home in today’s market there’s no reason to sit on the fence. The market is getting stronger locally so take advantage of the great offerings out there now. Interest rates are in the mid-4 percent range and there are safe, solid mortgage products available and local banks have money to lend. FHA down payments remain as low as 3.5% of the purchase price. All this coupled with the amazing $8,000 first time buyer tax credit sweeten the deal like never before so why wait? It’s a great time to buy! To gain perspective, an $8,000 credit is worth $667 a month over 12 months and knocks about 5.3 percent of the price tag of a $150,000 home. According the National Association of REALTORS, the new tax credit could entice up to 300,000 additional home sales this year. There are reasonable income limits so call me to learn more. (307) 630-0950 You are eligible for the first-time homebuyer credit if you haven’t owned a municipal residence during the last three years. If you recieve the credit and sell within three years of purchase you will be required to repay the credit. If you the keep the home for more than three years, it’s all your money!! Don’t miss out… The window of opportunity is open! |