With so much uncertainty and stimulus bills being passed back and forth how can a buyer know when the best time to pull the trigger is? Truth is, they can't!
A few months back 1st time buyers were offered $7500 tax credit to be repaid over 15 years. Ok, sounded pretty good, some people bought.
Next up, it is proposed to still offer the $7500 tax credit, but now it doesn't have to be repaid! Alright, that's even better!
Now the latest proposal is to give any buyer (of a primary residence, with income restrictions) a $15,000 tax credit that is not repaid! Yahoo....guess it's time to buy!
My advice is, don't wait on government programs to fulfill your dreams. Do what is best for your family WHEN your family needs it. Yes, it's great to get freebies and if it's out there, take it. But don't put your life on hold waiting for the perfect deal. You just might miss the one that's right in front of you.
This is a historic time in many aspects. There are enough goodies out there for any buyer to take advantage of....low rates, low prices, and FREE money!
As part of The Energized Team I am eager to help in any way. We're moving you in the right direction....serving the Western Suburbs and beyond.
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