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You may not be able to take advantage of the Home Buyer benefits in the Stimulus Legislation but a friend or loved one can. The New Buyer tax credit along with rates under 6% makes this the best time to buy a home in over fifty years.
The Federal Government is providing an $8,000 tax credit, effectively an $8,000 grant to first time home Buyers. It is available now and will expire on December 31st.
So, this may not apply to you who already own but if you have a child or grandchild encourage them to start looking at buying. If you have a loved one, a friend or anyone you care about spread the word. This is the market that people will look back on and say I wish someone had told me to buy in the spring and summer of 2009.
Real Estate values in Chittenden County have remained relatively stable with only minor decreases over last year. There is no downside and all upside to buying in this area with historic low rates and now with $8,000 of Stimulus Package money.
The spring market is already busy. This is going to motivate more Buyers that will inevitably drive prices a bit higher. So, the earlier a person gets in the market the better the value. If this creates the kind of activity that is predicted the interest rates will raise quickly. So, the earlier a person gets in the market the better rate, lower payments and more house they can afford.
There are even more reasons that this is an exceptional time to purchase a property that I would be happy to explain in detail.
You may never have heard this kind of bold optimistic encouragement from me in the past. You can probably tell that I am truly excited and completely confident that those who buy this spring and summer will be grateful to those that recommended it.
Spread the word. Real Estate is back in a big way. Get your share of the Stimulus Package through this opportunity. Please contact me for more information or to get started.
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