Landon Huffer- Texarkana Real Estate Broker

Now is the time to buy real estate | February 24, 2010

Everything I am reading has a bad outlook every day that passes.  All the econists are predicting the interest rates to go up as the year progress. 

Also, to qualify for one of the two tax credits you have to have a contract by April 30th.  That does not leave much time.  The government has set up a tax credit for first time home buyers and repeat buyers.  First time buyers are defined as one not owning a home in the past 3 years.  If you purchase a home by June 30th that went under contract by April 30th you can receive up to $8,000.  If you purchase a new homestead you can receive up to $6,500.

This is the perfect time to buy.  Rates are still at a historic low plus the government is giving an incintive to buy by offering these tax credits.

Landon Huffer

Texarkana Real Estate

www.txkbroker.com

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Posted in Real Estate

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About author

I am a young, eager, and aggressive Real Estate Broker with Schimming Company Commercial Real Estate.

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