The Housing and Economic Recovery Act of 2008 was just signed by President Bush with some amazing benefits for first time home buyers.
When is the last time someone gave you a $7,500 loan, that has no interest, no payments for two years, and if you do not make enough profit when you sell, you do not have to pay back the loan?
That is what first time homebuyers get.
Call everyone you know who wants to buy their first home, this is too good to miss.
The risk of loss in buying now is on the government. In other parts of the country where real estate is going down in value, you can lose 10% of the value of the home (up to $7,500) and the loss is covered by the fact that you do not pay back the tax credit.
What is the catch?
You have to buy your first house in three years before July 1,2009, not have super high income, not use bond financing and buy anywhere in the US, Not too difficult, right?
We are ready to show you homes in the Phoenix area that meet your needs and we offer to help you become pre-qualified to ensure when you find the right home you can lock in your rates and look forward to a successful closing.
Tags: first time homebuyers, highland county flroida real estate, maureen cool, remax florida, sebring real esate
