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Nancy Hankin's Blog

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Good news for existing home owners

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President Obama has signed a bill that extends the first-time homebuyer tax credit AND it expands it to existing home owners.  If you, as an existing home owner, have lived in your house for 5 out of the last 8 years you may be eligible for a tax credit up to $6,500 if you sell your home and then buy again.  This is very good news for the existing home owners who felt left out of the first tax credit.  Click here for more detail.

 

So if you have been waiting to enter the market, What Are You Waiting For?  Home prices have been rising slightly for months, give me a call or email and we can see if now is the right time for you enter the market.  This time of year seems to move in a fast pace and this offer expires April 30, 2010, so let’s get started today. 

 

 
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