Earlier this year congress voted in the $8000 tax credit to help first time home buyers. You must close on or before November 30, 2009 to receive the credit. Those who have not owned a home in the past 3 years also qualify for the tax credit.
NAR (National Association of Realtors) is trying to extend the tax credit for 2010, and even make it better. However it is not a sure thing as of now.
With interest rates low and home price in Grand Junction, CO and nearby areas, low it’s a great time to take advantage of the market.
In some cases you can use the $8000 tax credit to help with closing costs.
Check out www.HousingMarketFacts.com for more informaion.
Andrea Haitz, Realtor
Keller Williams Grand Junction Realty LLC