You are a first time home buyer if you haven't owned a home for the last 3 years. The $8,000.00 tax credit was extended! The first thing you want to do when you are remotely thinking about buying a home is to talk with a lender. Find out what you approve for and what you want to spend on a home. What monthly mortgage payment are you comfortable with, will you impound your property taxes, how much will you put down on the home (minimum 3.5%)? Second, talk with a real estate professional, a Realtor, like myself. It's important to find a Realtor who understands what your needs and wants are. To me it is important that throughout the home buying process, you know every step of the way what is going on. You need to feel comfortable with the decisions you will have to make. The $8,000.00 tax credit is a great incentive to purchase a home in the first quarter of 2010. Interest rates are still low and home values are at levels that make home buying a possibility for many people. If you are interested in more information about buying a home, or selling, email or call me. I intend 2010 to be a very prosperous year. I wish you the best year yet!
No comments:
Post a Comment