This morning President Obama signed into new legislation the extension and expansion of the first-time home buyer tax credit. The credit has proven to be one of the stimulus tools that actually works in boosting the economy.
Qualifications are as follows:
Here is the CNN news report: http://money.cnn.com/2009/11/05/news/economy/Extending_unemployment_benefits/index.htm
Here is a link to basic information: http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit
With interest rates hovering below 5% and the availability of the tax credit, there may have never been a better time to buy a home. Don’t miss the boat…call me if you would like to explore the possibility!
All my best~ Kevin Gorman / Broker / RE/MAX equity group, inc.