The stimulus package that just passed and becomes effective when President Obama signs Tuesday in Denver will have some cool benefits to home buyers and investors alike.
The National Association of REALTORS was effective in lobbying a couple of key things that will go into effect. Home buyers (with certain conditions) will receive an $8,000.00 tax credit that does not require a payback. Investors who were previously limited to 4 financed properties can now have 10 allowing them to help soak up the surplus homes currently on the market.
You just cannot find a better time to buy or invest in Colorado. Hud homes, foreclosures and sellers who have done beautiful things to their homes are priced at all time lows.
This is not the time to sit on the fence and watch this window close. Get an agent and get going.
Broker/Owner with 28 years experience. Specialties include aggressive marketing for sellers in a buyers market. 75% of my business now is helping investors and first time buyers take advantage of an excellent buyers market. My listing and buyer agency agreements come with terminate for any reason clauses. Testimonials available upon request.
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