Hello, Richmond! Prices are low, interest rates are low, inventory is plentiful, and the IRS will send you a check for $8,000 if you qualify. Don’t miss this — the affordability index for purchasing a home is the lowest it’s been in 30 years.
To qualify for the $8,000 tax credit, you need to have a contract in on your home by April 30, 2010 and close by June 30, 2010. As the housing market has been showing definite signs of improvement and is considered to be on the mend, it is not anticipated that this tax credit will be extended again. Time to write a contract!
Remember, too, that if you’ve lived in your current home for five of the past eight years, you can qualify for a $6,500 tax credit. That will help you price your home to sell and move on up to a home that suits your current needs…
Call or email me to get started.
