Monday, March 2, 2009

New Home Buyer Tax Credit!!!

If you have not found the low interest rates, low homes prices and vast inventory reason enough to buy - that is - if you are STILL ON THE FENCE!!!! Well, you now have more reason to GET OFF THE FENCE, STOP PAYING SOMEONE ELSE"S MORTGAGE with your rent money and BUY!!!! Here's why: According to the California Association of REALTORS (R) A $10,000 state tax credit will benefit a projected 10,000 new-home buyers starting Sunday and, in turn, could help beleaguered home builders, the California Building Industry Association said yesterday.

The measure, costing $100 million over the next three years, was included in the budget compromise passed by the Legislature and signed by Gov. Arnold Schwarzenegger last week. “What we've been missing in the market the last couple of years are people,” said Tim Coyle, senior vice president for government affairs of the builders group. “Already, with the news of this tax credit being authorized and signed into law last Friday, we're beginning to see interest in people who we need desperately to return back to housing markets where they haven't been for so long,” Coyle said.

In the Glendora area, we still have some homes available in the LYONS home development and of course, Azusa's Rosedale development. I can help you navigate your way throught the new home process. Even if you are looking to purchase a new home, you need a REALTOR (R) to represent your best interest. If you are interested in a new home purchase, let me take you through the models. I can register you, guide you and help negotiate in YOUR BEST INTEREST and this is of NO COST TO YOU!
As always, please call me with any of your questions. I am your real estate professional and I can help you with all of your real estate needs!
Stacy
Honesty, Integrity...Service you can TRUST!

1 comment:

Anonymous said...

Hi Stacy. I was alerted to your blog. Here are the updated FHA loan limits. I'm sure you probably have them, but you never know.

https://entp.hud.gov/idapp/html/hicostlook.cfm


Brian Wiesner