NEW NEWS :
Buying a home is about to get cheaper for a whole new crop of homebuyers - $6,500 cheaper.
First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the end of November, the Senate voted Wednesday to extend and expand the tax credit to include many buyers who already own homes. The House could vote on the bill as early as Thursday.
Buyers who have owned their current homes at least five years would be eligible for tax credits of up to $6,500. First-time homebuyers - or anyone who hasn't owned a home in the last three years - would still get up to $8,000. To qualify, buyers in both groups have to sign a purchase agreement by April 30, 2010, and close by June 30.
In todays market it truly is a great time you buy. I recentlyhave been checking Fannie Mae Foreclosure in our area there are only 3 pages, which may seem like a lot, but compared to the nearest county to us they have 5 pages. I have noticed that these house are getting contracts on them quickly as well. The prices are great most homes are under $200,000 with some homes slightly above $200,000. Don't forget the tax credit for first time home buyers, which ends soon, it would be a shame to loose out on a $8,000.00 credit. http://www.fanniemae.com/homepath/incentive/index.jhtml http://www.homepath.com/
Not only are there houses and condos in town, but there are some really good deals out on Anna Maria Island, they may not be a low as the main land but there are some deals to be had and some are not short sales or foreclosures. If you are looking for a 1st home , 2nd home, or rental properties let our office help you with your search call Barry, in our Sales Office at Island Vacation Properties at 800-778-9599 in the US , 0800-181-6302 toll free from Germany or 0808-120-2338 toll free from the UK http://www.islandvacationproperties.com/sale/results.html?User=IVP5981&Photos=&Limit=10&Start=1&Avail=&Stay=&NR=29&msg=&gmap=
Happy house hunting.
Thursday, November 5, 2009
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