Ever since the federal government extended the first-time homebuyer credit and added a $6500 credit for other buyers, there’s been lots of confusion. Luckily, there is an abundance of great information, including that provided by Boulder Realtor Jennifer Egbert of Walnut Realty. In her recent “awesome breakdown” of the tax credit, she reminds us that now may just be the time:
Listen, home prices are stabilizing. Interest rates are at historic lows. If you have given ANY THOUGHT to purchasing your dream home, now is a KILLER time to be doing so.
Former homeownership record (you must have owned and lived in your home for at least five out of the last eight years), income (no more than $125,000 single/$225,000 joint), and contract dates (under contract by April 30, closed by June 30) are key to this credit, which covers domiciles from condos to townhomes to single-family homes.
Ready to take the plunge? Our sales staff can help! Click here to view our hot homes and contact Boulder Creek Life and Home for information on your new home!