3 Easy Steps to take Advantage of The Homebuyers Tax Credit

Hard to believe but the Home-owners Tax Credit is about to expire April 30th, 2010.  This leaves only 29 days for 1st time home  buyers as well as current homeowners to put a contract on a  new home which would allow them to receive the tax credit if they qualify.
First time home buyers can receive up to an $8000 tax credit while repeat buyer's can receive up to $6500. Though the tax-credit is going to expire on April 30th, 2010 if a buyer has entered into a written binding contract  by April 30th, and close by June 30, 2010 they may still claim the credit. 
This is a perfect time to purchase a home. With addition to the tax-credit, prices have seemed to level off and interest rates continue to remain low. If you’ve been thinking of entering the market to sell your home now is the time. Buyer’s are scrambling to get into a contract before the tax credit disappears. This gives sellers a chance to move their homes if priced appropriately for their market place faster than in the market times we have grown use to.
It’s NOT to late!! With such a short amount of time left you will need to act quickly.  Follow these 3 easy steps to get you started on your way to a new home and taking advantage of the homebuyers tax credit before it expires on April 30, 2010
Step One: Am I Eligible?? 
Many buyers and sellers are not even aware that they might be eligible.  The first step you should take is by viewing the  Homebuyers Tax Credit Quick Reference Guide published by the National Association of Realtors.  This informative piece will answer your questions regarding eligibility, deadlines, and how to file for your tax credit.  Don’t miss out on this opportunity.
Step Two: Will I Qualify?
Being pre-approved will allow you to know what you can afford and save you time once you find the Home of your Dreams you’d like to purchase. You will want to be pre-qualified with a reputable lender who is familiar with the latest tax-credit being offered. A lender who is aware of your goals will be vital so you can be certain they offer you service that will meet your deadlines.  For a complete list of local lenders who meet this standard please do not hesitate to request a recommendation.  In my 10+ years of working with the top mortgage companies in the area I can lead you to the right professional who will meet your mortgage needs.
Step Three: What is my Current Home Worth?
Find out what your Home is Worth
If you or someone you know is a current homeowner who has lived in their primary residence for five out of the last eight years, they may qualify for this credit.  It will be important for you to know what you can expect to sell your home for before you consider purchasing another home. The “What is My Home Worth link on HomesofSouthernNH.com is a quick and easy FREE Market analysis of your home where you can easily request a report that will be emailed directly to you. Just click on the link below and receive a custom evaluation of your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available.  Click here to Find out what your Home is Worth
It’s as simple as 1-2-3
Final Step: Find Your NEW Home
There are thousands of Home Search engines. Not all are created equal. It is vital to search for homes where the content is updated daily. How many times have you after endless hours of looking for a home you like to find one you love and excitedly call about the home to find out it had sold months ago. Or  more aggravating when a home that you have seen for the first time appears on the website but you find out it has been on the market for weeks and is possible already under agreement?  To give you the competitive edge in this market you can log on and Search for ALL NH home listings on HomesofSouthernNH.com using their Find Your NEW Home link. Being prepared is going to be key in the next 70 days. Need help with any of these steps feel free to contact me.
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