30 year mortgage rates went down to 4.875% on Wednesday! Money doesn't get much cheaper than that!
Who do you know right now that is renting? With so many opportunities for first-time home buyers, everyone who is renting should at least explore what opportunities may be available. Sellers are now helping buyers with down payments and other concessions!
In addition to that good news, have you heard about the $7500 FEDERAL TAX CREDIT for first-time home buyers?
First-Time Home Buyer Tax Credit at a Glance
- The tax credit is available for first-time home buyers only.
- The maximum credit amount is $7,500.
- The credit is available for homes purchased on or after April 9, 2008 and before
July 1, 2009. - Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
- The tax credit works like an interest-free loan and must be repaid over a 15-year period.
With this double-whammy of GOOD NEWS, who do you know that might want to learn more?
The real estate market changes quickly, so don't let your friends miss out on this fantastic opportunity. Email or call me today to find out more.
Gayle Causey
318-614-5615
Keller Williams Realty
1390 Hudson Lane
Monroe, LA USA
http://WestMonroeRealEstate.com
Gayle Causey, GRI, ePRO
Direct: 318-614-5615
REALTOR, Relocation Specialist
Find your house with your mouse: http://WestMornoeRealEstate or http://GayleCausey.com
Keller Williams Realty Parishwide Partners
1390 Hudson Lane, Monroe, LA USA 318-812-SOLD
Each office independently owned & operated. We Support Equal Housing Opportunity.
Great post, people forget about these programs out there right now!
Thanks for taking the time to comment. We ALL need to get the word out to get buyers moving again! Somehow, I don't see Uncle Sam sending money to all the independent contractor Realtors out there. "If it is to be, it is up to me" comes to mind.
Gayle