I Hate to Sound Like a Broken Record, But...

...the clock is ticking on the extended and expanded homebuyer tax credit. First-time buyers can receive a tax credit of up to $8,000 and repeat homebuyers can receive up to $6,500. That's money directly in your pocket and it's not exactly chump change. The catch is, you have to have the home purchase under contract by April 30th and the sale has to close by July 1st. There are some other qualifiers, too. For details go to www.BobDohn.com and click on the tab titled "FREE Info for Buyers."

Granted, today's real estate market is not all tea and roses if you have a home to sell. For some, the best move right now is no move at all. But if you've ever thought about upsizing, downsizing, relocating or just moving to new turf, you at least owe it to yourself to explore the possibilities. And for 1st-time home buyers and repeat buyers with no home to sell, now is the best time I've seen in my nearly 38 years in the real estate arena to buy a home. Besides the tax credit, most economic pundits agree that prices are as low as they're likely to get; mortgage interest rates continue to remain at historic low levels, though for how long we don't know; and the selection of homes is still outstanding, with many seriously motivated sellers.

So, the question of the day is: What are you waiting for???

Bob Dohn
Coldwell Banker Residential Brokerage

140-A S. Roselle Rd., Schaumburg, IL 60193
Direct phone: 847-301-3126
Web: www.BobDohn.com

 

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