With the stroke of a pen last week, President Obama extended the popular and vital home buyer tax credit program into 2010. The program, which previously allowed only first-time buyers a tax credit of up to $8,000, will be extended through July 2010 and also gives all buyers (of homes purchased up to $800,000) a $6,500 credit. This could not be better news for buyers, sellers, realtors, property owners and the American economy as a whole.
The winter and holiday season are often sluggish time in the real estate market, but not this year. If you are thinking of buying or selling a home in the next year, act now. To qualify for the credit, the property must be under contract by April 30, 2010, and closed by July 1, 2010. For more information or questions about the Extended Home Buyer Tax Credit, call Cy Phillips, Remax Opportunities, Inc., 515-422-4731 or email Phillips.cy@gmail.com. Also visit, www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit.
Serving West Des Moines, Waukee, Clive, Urbandale, and the surrounding suburbs has allowed me to become very familiar with the area. I'd love the opportunity to show you why I call Des Moines home.
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