Monday, April 27, 2009

First Time Home Buyers - There is no time like NOW!

There is no time like the present for First-time homebuyers, here in Pinellas County or Pasco County or just about anywhere for that matter, to make their move and purchase a home. Pricing is down, Interest rates are still down and there are so many options in the way of available homes in every market!

In addition to this, First-time home buyers can take advantage of FHA loans that require only a 3.5% down payment. These loans are awesome for the first-time home buyers with good, steady jobs but not a lot of cash on hand to take advantage of the markets record breaking affordability and the government's $8,000 tax credit!

There is also great news for buyers who qualify for the first-time home buyer tax credit that have already filed their 2008 tax returns. It is not too late to claim your tax credit. If this pertains to you, you just need to file a 1040x form to amend your 2008 tax return and for 5405 to claim the credit.

For more information on your filing options, visit: http://www.irs.gov/newsroom/article/0.id=205416,00.html or of course consult your accountant.

Feel free to contact me if you need more information about purchasing a home or any of your real estate needs!

Make it a great day!

Patty

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