$8000 Home Buyer Tax Credit EXTENDED!!!

Well as we all know, last Friday our Prez signed signed into law a bill that includes an extension of the $8000 home buyer tax credit to April 30, 2010.

Expected is a 22 billion dollar contribution to our economy. More people are now eligible to take advantage of the law, which includes a $6,500 tax credit for buyers who are current home owners and have lived in their home for five of the past eight years. Also, income limits for eligible home buyers were also expanded to $125,000 for single buyers and $225,000 for couples. Qualifying home prices are capped at $800,000!

Click here to view NAR's chart of compiled facts regarding changes made to the current tax credit!!!

NAR estimates that approximately three million renters are now financially qualified to purchase a median priced home. Lawrence Yun (NAR chief economist) states, "“As long as buyers do not overstretch and stay well within their budget, a sizable pent-up demand can be tapped among financially qualified potential buyers..."

So if you are on the fence or just don't know if you qualify

GET THE FACTS

contact me and together we will see where you stand...

RealEstatewithRuben@gmail.com

SEE YOU AROUND THE NEIGHBORHOOD!!!

Making Your Money Work for YOU!

Would you stash money away in your linen closet for a rainy day or would you put it in the bank to collect some interest? Obviously, you would want to keep that money where you can make money. Many of you out there are doing the opposite; how much equity are you sitting on? Why not make that money work for YOU! Times are tough, the market if down, but the price is RIGHT! Do what all the savvy investors are doing now, BUY BUY BUY! Your equity is doing nothing for you if it just sits there. I know it's scary, however as I've mentioned before TIME IS RUNNING OUT! There are fantastic deals out there that are manageable as well as gold mines in five years time. Real estate has NEVER let us down in the long term, no crystal ball needed. Yes, we have had a BIG downturn, but we can see the light at the end of the tunnel. Foreclosure properties are moving FAST, our Obama administration is giving you tax breaks and many of us are getting great loan modifications that make us able to keep our homes. We are even seeing price wars! Bids are coming into those great deals out there and when those start to escalate more and more prices, ALL PRICES, will start to ascend and we can all again sing HALLELUJAH!

Not convinced? Need some proof? Want to know where you stand? Contact me for the facts on how YOU too can be a savvy investor!

RealEstatewithRuben@gmail.com

SEE YOU AROUND THE NEIGHBORHOOD!