The original legislation that created a $7500 credit which ended up being needed to be paid back over a 15 year span, has now been evolved into a credit of up to $15,000 or 10% of the purchase price CREDIT to the buyer for purchasing in the next year.
We need to get these first time homebuyers into the marketplace to enable our "move up" buyers to get into the next bracket, and so on. With so many short sales and foreclosures on the market currently, there are deals to be made, and first time homebuyers will definitely benefit.
Interest rates are still hovering around 5%, based on purchaser's credit history, but there ARE loans out there you can secure! If you have some "issues", and would like help getting your credit lined up so you CAN purchase within this year period, call me --- I have lender or two that can assist with this process.
If you have longed to be a homeowner, NOW is the time! Call me for more details!
Joan Cox, GRI,ABR,CRS,e-Pro
Metro Brokers - Turning Point Real Estate, Inc.
Centennial, CO 80111
720-231-6373
www.JoanCox.com
About Me
- Joan Cox
- Denver, Colorado, United States
- With 13 years in real estate, I specialize in relocation, new construction, investor purchases, first time homebuyers and sellers. Ask me about my web site! Call today - 720-231-6373 In August 2009 I opened MY OWN Metro Brokers office in the Tech Center.
