Pocono and Lehigh Valley Real Estate Blog
Attention Pocono First-time Home Buyers
March 24, 2009 by admin · Leave a Comment
Did you hear about the American Recovery and Reinvestment Act and the latest tax credits? Now may be the right time for you to take action.
It is an unprecedented time in history for the first-time home buyer. There are many homes on the market giving buyers an edge because more inventory means better prices. In addition to that, interest rates are at all-time lows. And, Congress recently enacted an $8,000 tax credit for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. This creates an excellent situation for first-time home buyers to buy now.
Check out our site to learn more about the first-time home buyer tax credit. To learn even more about the tax credit, check out www.IRS.gov or www.realtor.org. Or, contact one of our agents at Commonwealth Real Estate Your Way.