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The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. It also authorized a tax credit of up to $6,500 for qualified repeat home buyers.
Putting a home on the market in this grim real-estate climate might seem like lunacy considering how heavily the market favors buyers. Still, listing a home during certain months can improve a seller’s Odds. Late spring and summer are usually thought of as the best times to put a home on the market because buyer demand builds steadily through spring. But this year, experts predict that the selling boom, which normally starts in spring, will hit at a different time than it has in the past. This year, however, an $8000. credit for those buying their first home--requires buyers to closed on a home by April 30, 2010—will force buyers to speed up their decisions. Historically low interest rates also suggest that sellers will face a busier market AS EARLY AS FEBRUARY!!The best time to get your house on the market will be February and maybe even earlier if you want to avoid competition.For Smart sellers, taking a chance and starting the sale process earlier will reap distinct benefits in 2010. The beginning of the year is going to be make-it-or-break-it, so if you’re a seller, get your property listed as Early in the year as you can!!!!!When choosing a real estate agent, you need a professional who has integrity, experience and places your needs above everything else. Consider the real-estate Pro’s at Randy Pepper Realty. We’ll be happy to provide you with a complimentary market analysis and show you all we can do to get your property SOLD!!!
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