Good news for buyers and the housing market. These changes are effective when the President signs the bill. The credit offers several new features, including a $6500 credit for people who are not "first time" homeowners and a binding contract rule which will take away some of the pressure in April, 2010 when the credits are scheduled to expire. See the chart below for a summary:
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As a CPA, REALTOR® and financial expert, I focus on protecting our clients financial interests in the sale.
Unconventional Tip #3 – Sellers: Compete against the banks without slashing your price
Unconventional Tip #2 – Consider “Investment Personal Residences”
Anaheim Hills Update – January 23, 2009
Unconventional Tip #1: Don’t ignore overpriced listings in your home search
Don't call for availability as your call will not be returned.
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