The window to take advantage of the $8,000 first time homebuyer credit & today’s low interest rates expires on December 1st . Many buyers, especially first-time buyers, seem hesitant to enter the market, but financially capable buyers who understand the true local market conditions and extraordinary government incentives will and have capitalized on the unique opportunities available today.
NOW is the perfect time to buy….
Here is how it works. You must close on a home before the November 30th deadline. Homebuyers who get a loan backed by the Federal Housing Administration can use the money to cover closing costs and other fees. But it’s only with an FHA loan that buyers can use the tax credit for closing costs…
Home buyers also have some flexibility in claiming the credit on their tax returns. They can choose to claim the credit for 2009 or file an amended 2008 return to receive the credit this year.
For more information call or text Courtney at 970.418.4900
