Since this is the final week you need to make sure all of your ducks are in a row. You do not want to get an accepted offer only to have the deal fall apart after April 30th. Make sure your financing is in place, you may want to avoid purchasing a home in bad condition that would result in an unfavorable inspection report or appraisal and you need to be caution and ask qualifying questions if you are planning of making an offer on a short sale transaction.

Your local real estate agent can help you find a home and go to contract during this final week. Give me a call or contact me to be connected with a local agent.

According to IRS Publication 3 “Armed Forces’ Tax Guide”, the tax credit deadlines are extended to April 30, 2011 for entering a written binding contract to purchase a home and June 30, 2011 for closing on the home for those members on qualified official duty outside the United States for at least 90 days after 2008 and before May 1, 2010.

This may be good news for the housing industry across the country. With the home buying tax credit scheduled to end at the end of this month, many are concerned that home sales will slow down. I believe those buyers that bought a home during the tax credit program probably did so because of a number of reasons. The stability of owning a home and the personal desire to own versus renting are two reasons. In my area of Central Florida, the increase of home sales may be the result of the number of reasonably priced bank owned property being listed and less to do with the tax credit.

Taking into consideration the Fannie Mae survey Americans believe now is a good time to buy a home. Low prices and low mortgage rates should strengthen this belief.

No, the guidelines state that the home buyer must be under contract with a home seller by April 30th and have until June 30, 2010 to close. There are exceptions to this guideline for members of the military.

Even with the extra time to close, time is running out for getting a contract on a home in order to take advantage of the tax credit. If you plan on buying a home give me a call 407-304-0255 and I will have an agent in your area contact you today.

Many have asked if the tax credit will be extended and right now there are no way of knowing for sure if this will happen.  Home buyers who are interested in purchasing a home anywhere in the US and who want to receive the available tax credit money after they purchase the home should take steps now to start looking for homes.

While the deadline to be under contract is April 30th, buyers who are under contract will have until June 30, 2010 to close on the deal and still qualify for the credit.

To speak with a real estate professional near you, give me a call.  877-779-2876

As part of the qualification process you must be under contract to purchase a property by the April 30th deadline and must close by June 30, 2010.

Real estate agents across Alabama will be showcasing their latest listings.  Buyers have until April 30, 2010 to have an executed contract on a home in order to qualify for one of two available tax credits.  Alabama’s housing market offers many exciting opportunities for first time and repeat homebuyers.

If you would like to find out about Alabama open houses being held in your area or would like to speak with an Alabama real estate agent, contact me.

If a parent already owns a home but cosigns on a loan for their son or daughter and this is the son or daughter’s first home, the son or daughter would still qualify for the first time home buyer tax credit according to the IRS.

This is a great way for parents to help their adult children purchase their first home.  If you would like to speak with a real estate professional in your area, contact me today and I will have an agent get in touch with you.

The answer is yes as long as the house is a detached or attached home, condo or townhome and the buyers meet all the additional qualifying factors.  The only concern a buyer might have making an offer on a short sale is the time it will take to process the short sale from start to closing.  This is crucial because of the April 30,2010 time limit to have an offer on a property that closes by June 30, 2010.  Short sale transactions can take several months depending on the seller’s situation, the lender involved and the listing agents experience level.

Contact me to speak with a short sale real estate expert in your area.

To a home owner thinking of selling, this means more buyers in the market place.  There is no reason to believe that the tax credits will be extended past the April deadline so listing early in the year will result in the maximum exposure to a larger group of buyers.

If you are thinking of selling and would like to speak to an agent in your area, contact me and I will arrange for a qualified real estate agent in your area to call.