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Now is a Great Time to Buy a Home

By mountain_home_AR_realtor

Have you been thinking about whether now is the right time to buy a home? Let me assure you that there may never be a better time. Interest rates are at a historic low, inventories are up so there is a wide choice at very reasonable prices, and now the federal government has extended the First Time Home Buyer's Tax Credit until April 30, 2010. If you haven't owned a home for the past three years, you can earn up to $8000 in tax credits. With this extension came an expansion of the credit so that anyone who wants to change primary residence can up up to $6500 if you have lived in a home for at least five years. Check out more information at http://www.federalhousingtaxcredit.com/ for some answers to questions you may have. Check with  your tax accountant for any other questions you might have.

This is an opportunity that may not be offered again so if you are wondering if you need to act, the answer is yes. Even if you have to sell your home less than it would have sold a few years ago, with all the incentives in place now, you may never find a better time to buy the dream home you have been waiting for.

Check this out at http://www.livingintheozarks.com/ for a count down of time left.

Dick and Arlene REALTORS, arlene@century21lemac.com or dick@century21lemac.com

CENTURY 21 Lemac Realty East in Mountain Home, AR

Dick and Arlene Lee