First time homebuyers tax credit, are you prepared for it to end?

All the hoopla over the months have been the first time home buyers $8,000 tax credit. Yes, there have been some roadblocks and some criteria to follow, but have you made the effort, did the steps to take advantage of it as a "first time home buyer? If not, you may well be on your way of being too late to take advantage of a fantastic program.

Fear not, if you didn't, all is not lost, here's why. Even though you may have decided to become a home owner now, you are still at an advantage.... home prices are at an all time low (depending on the market and where you are) and interest rates are so good right now it's unbelievable, don't believe me, ask your parents and/or older relatives what were the rates when they were your age?

One of the "few" ways the real estate market mirrors the stock market is, you just never know when the bottom has hit, you can't predict the unpredictable. Do not wait for the bottom because, you will miss the bottom and see the up-rise before you realize it even happened.

Now is a great time to buy a home for you, and/or move up to a bigger, better home. If you look around, even in a buyer's market, the best homes, price right, are bought quick, and what are you left with..... you want a "carpet allowance, sold as is, paint allowance? I don't! Find that home, that's in great shape and make a "smart offer". Just think, act now and you can be hosting the family Thanksgiving or Christmas in your new home.

Just my 2 cents from your San Antonio REALTOR.