Congress Passes and Expands Home Buyer Tax Credit

Not only did Congress pass the extension of the $8,000 first time home buyer tax credit, they raised the income limits and added in a sweet $6,500 credit for homeowners who buy a home and have lived in their current home 5 consecutive years out of the previous 8 years. WOW! Keep in mind. . .this deal is over April 30th (you have to be under contract for a home purchase by that date).

Top 5 Reasons to Buy a Home -
5. You are only making your landlord rich by paying rent.
4. In most areas it’s still a “buyer’s market” and sellers are eager to sell.
3. Home prices have come way down.
2. Interest rates on mortgages are at historic lows.
1. The Government will give you $6,500 or $8,000 to buy a home!

House in Hands

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