The process of buying and building a new home can be very intimidating and very exciting. The mere thought of a gorgeous kitchen, huge closets, open floor plan and all the other modern amenities will lure the best of us into the impeccably staged model homes of the builders. You will need to decide on the communty, the builder, the floor plan and finally all the options that you would like to add. Some builders will include certain options and/or offer a credit toward other options. But they can add up fast increasing your purchase price significantly. You can not ask enough questions. And it is best to have a buyer's agent with you.



Friday, November 6, 2009

Great News on the Homebuyer's Tax Credit

The house has passed the 2010 Homebuyer's Tax Credit and it awaits The President's signature. It extends the first time buyer's tax credit and adds a credit of $6500 for current owners that have used their home as their principal residence for 5 years of the last 8 years.
You can see the NAR brief by clicking on the title of the post.

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