Tax Credits Available

The news out of Washington today reveals that Congress is working on
a $15,000 tax credit for home buyers. That bill would still need to go
through the House of Representatives for approval of course and we
will need to wait to see what the details of that might be, and there
is still the possibility it won't be approved.

That said, there already is a $7500 tax credit available for first-time
homebuyers. There are certain rules have to be followed of course,
one of which is that the $7500 has to be paid back at the rate of
$500 per year starting three years after you on the property. However,
this might be a great opportunity for your kids or grandkids to get into
a home for the first time. prices on the starter homes are very good right
now so you may want to take a look at these opportunities. How many times
have we all said, "I wish I would have bought when...?" And we didn't. If you
would like more information on on the existing program, feel free
to send me an e-mail or give me a call and I would be happy to discuss it