Another BIG gain for future home buyers in addition to the $7500 tax credit.
Home buyers could be eligible to receive an additional $15,000 perk!
If you are still sitting on the fence GET OFF! Now is the best time REALLY!
Interests Rates at an all time low, drastically lower home prices and now the Government wants to pay YOU for Pride of Home ownership!
Lets look at the facts home ownership verses renting is always a better option. You can claim interest paid for tax purposes, Investing in a home is still a safer (even with recent falling home prices) and, lets not forget the fundamental reasons we own a home for the betterment of our lifestyles.
Just this week while searching on the MLS for a client, I found homes in the $70k price range. And, I don't mean Modular homes or Condos but, real homes on neighborhoods. For example a $70k home with the current interest rates you are looking at payments under $600 per month and rent rates still average $750 to 800 a month!
Don't just call anyone, call the Agent who truly believes in the dream of the "White Picket Fence" Tayona Tate (775) 762-8355
Daily Real Estate News February 5, 2009 Share
Senate OKs $15,000 Bonus for Home Buyers
Housing could get a big boost from the latest addition to the mammoth stimulus bill working its way through Congress.
Senate legislators unanimously approved a proposal Wednesday that would allow a tax credit for home buyers of 10 percent of the value of new or existing residences, up to a $15,000 limit. Current law provides for a $7,500 tax break but only for first-time homebuyers.
"It is time to fix housing first," said Sen. Johnny Isakson
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